Crude inventories at the Cushing Oklahoma hub continue to draw, but a large increase in gasoline and distillate stockpiles resulted in an increase in commercial petroleum inventories ...
ULSD futures, which settled lower in each of the last five sessions, were also higher. The lightly traded NYMEX January ULSD contract was up by 3.72cts to $2.2425/gal while the more-active February ...
Energy experts told Moneycontrol that the companies are unlikely to cut fuel prices as OMC profitability has dipped in the current fiscal so far compared to last year.
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