HPCL Expects Gross Refining Margin To Improve After IMO 2020 Takes Effect
Signage displays the prices of different fuel types at an HPCL fuel station in New Delhi, India. (Photographer: Anindito Mukherjee/Bloomberg)

HPCL Expects Gross Refining Margin To Improve After IMO 2020 Takes Effect

Hindustan Petroleum Corporation Ltd.’s gross refining margin—the amount a refiner earns from converting every barrel of crude oil into fuel—could improve after IMO 2020 regulations come into effect...
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