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via business-standard.comBusiness & Companies

Biodiesel enters fuel mix as govt OMCs face growing margin squeeze

FROM THE WIRE · BUSINESS-STANDARD.COM

With retail diesel prices frozen, state-run oil firms are blending up to 5% biodiesel at select outlets as crude costs rise and marketing margins come under pressure

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishSqueezed margins at state oil firms with frozen diesel prices can weigh on their shares.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Retail diesel prices are frozen.
  2. 02Some state-run firms are blending up to 5% biodiesel at select outlets.
  3. 03Crude costs are rising and marketing margins are under pressure.

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