War: How will OMCs gain out of it? – 11 Mar 2022

Analysts are claiming that upstream companies will surely stand to gain from the war

GAIL stands to gain too for obvious reasons. If can sell two cargoes out of the US at JKM prices, it can make as much money as it otherwise earns in six months

But how will oil marketing companies, already impacted adversely by the fact that pump prices have not been allowed to go up when they may have to go up by up to Rs 30/litre, gain out of this crisis as this analysis says they will?