Refining And Marketing Update For April-December 2020: Care Ratings 
A sample of crude oil falls into a bottle in Nizhenekamsk, Russia. (Photographer: Andrey Rudakov/Bloomberg)

Refining And Marketing Update For April-December 2020: Care Ratings 

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BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Care Ratings Research Report

Refining -

Production of refinery products/petro products has fallen by 13.5% during nine months - FY21.

Crude throughput or refineries processed 4.3 million barrel per day during nine months-FY21 compared with the 5.1 million barrel per day of crude processed during nine months-FY20.

With the outbreak of the Covid-19 pandemic across the world and with the nationwide lockdown imposed in the country, Indian refineries have been operating at reduced capacities.

Marketing -

The retail marketing of petroleum products in India is done mainly by the public sector Oil Marketing Companies. Important processes in the marketing include storage, distribution and sales of petroleum products.

Click on the attachment to read the full report:

Care Ratings Update On Refining and Marketing April-December 2020.pdf

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This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

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