Economic Times ·

India cuts refinery transfer prices below import parity

Refiners face margin compression on fuel sales

Supply Chain & Logistics Oil & Gas Financial Services
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India’s state-owned oil marketing companies reduced refinery transfer prices below import-parity levels for key fuels.
Why it matters
Refiners cannot pass through higher crude costs, compressing margins and impacting cash flows.
Implications
  • — Refiners face lower revenues — margin pressure increases
  • — Standalone refiners hit hardest — financial stress rises

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