OMC stocks up 16% in 4 sessions as crude hits 3-year low, but 4 key risks still loom
- Posted on March 6, 2025
- By Business News Today
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OMC stocks up 16% in 4 sessions as crude hits 3-year low, but 4 key risks still loom
OMC stocks have surged up to 16% in four sessions as crude oil prices hit a three-year low. However, risks remain due to higher US crude imports, LPG under-recoveries, a weak rupee, and potential inventory losses. Analysts caution that despite improved margins, structural challenges persist.
