Rising crude oil prices continue to weigh on India's oil and gas sector, with concerns mounting over another challenging quarter for oil marketing companies. In this video, Avinash Gorakshakar, Founder, Avinash Mentor Research, explains why companies such as BPCL, HPCL and IOC could remain under pressure if crude prices stay elevated. He also discusses how higher oil prices may impact sectors including paints, chemicals, lubricants and carbon black through rising input costs. While upstream companies could benefit, margin pressure on downstream players remains a key concern.
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