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Updated: 7:46 am Nov 4, 2026

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Indian oil refiners expect healthy margins amid global supply disruptions

A combination of these factors offer Indian refiners an opportunity to capitalise on stronger diesel, gasoline and aviation turbine fuel (ATF) cracks. Reliance Industries (RIL), Bharat Petroleum Corporation (BPCL), Indian Oil Corporation and Hindustan Petroleum Corporation (HPCL) reported record refining performances in the September quarter (Q2) and expect the run to continue.

4 Nov 2026 12:10 am

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