India Inc paid triple for same crude oil barrel

India Inc paid triple for same crude oil barrel. This highlights how differing procurement strategies and refining contracts led to wide cost disparities. Refineries faced $80–$110/barrel despite global benchmark at $90, impacting margins. Higher input costs may pressure Q2 earnings for public and private refiners.

📊 STOCKS: | 🏢 SECTOR: Energy | #MEDIUMIMPACT #CrudeOil