OMCs well placed as there is growth potential in new avenues and a surety of existing cash: MK Surana

MK Surana, Former CMD of HPCL, discussed the favorable position of oil marketing companies with crude prices below $80 and improving margins. He further noted their transition to new growth areas and partnerships with EV companies, predicting promising prospects over the next three to five years despite ongoing pricing challenges.

from Economic Times https://ift.tt/Nvw4Tsm