India: PSUs Will Always Be the Vehicle to Push Govt Agenda, Your Fault if You Thought Otherwise!
There is a flurry of analyst downgrades in the market on stocks of Government owned Oil Companies. Alas! it has come a bit too late. After the...
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India Rolls Back Auto Fuel Price Deregulation: Negative for GFD
The government announced a reduction of Rs2.5/l for both diesel and petrol effective immediately. The government will bear Rs1.5/l of the reduction...
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Worst Over for Asian Refining Spreads?
We’ve been bullish on crude oil this year and the surprise has been weak US gasoline demand, creating a growing product surplus rippling through...
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Weekly Oil Views: Saudi Stewardship of Oil Prices Decouples from Aramco IPO
Word on the street is that the "IPO of the century", the listing of a 5% stake in Saudi Arabia's crown jewel Saudi Arabian Oil Co (131861Z AB), may...
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India Auto Fuel Pricing Reforms Likely to Be Rolled Back
Pump prices of gasoline and diesel in India reached lifetime highs recently. With government facing crucial state and central elections over the...
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