Crude oil at $100, but why are OMCs not on a slippery slope? Decoded
· business-standard.com
Oil at $100: OMC stocks have already been punished significantly, and therefore investors are not reacting in panic after such a major fall, believe analysts.
Crude oil above $100 a barrel would normally spell trouble for India’s oil marketing companies (OMCs). This time, however, Dalal Street seems remarkably unfaz...