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Equirus Report: Wizards of Oil and Gas Face Price Challenges

Geopolitics

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Equirus Report: Wizards of Oil and Gas Face Price Challenges

In the magical land of India's oil and gas, the wizards at Equirus unveil a dire prophecy: soaring crude prices and pricey LNG are casting ominous clouds over profits. Petrol and diesel margins are plummeting into a dark abyss, while the brave OMCs grapple with costs like battling a three-headed dragon, leaving the financial realm shrouded in uncertainty.