AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
IOC'S REFINING MARGINS TO INCREASE FROM $6.5-$8/BBL DURING JUL-SEP 2004 (due to high differential in the prices of crude oil).
(From India Business Insight)
IOC is likely to face an increase in its gross refining margin (GRM) to $8/bbl during Jul-Sep 2004 from $6.5/bbl in Apr-Jun 2004 due to high differential in the prices of crude oil and of petroleum products during 2003-2004.
The demand for crude oil is likely to be higher by 2.6 M bbls/day for 2004, of which OECD countries account for 600,000 bbls/day and China accounts for 800,000 bbls/day of crude oil. IOC is likely to post revenue of $48 bn by 2011-2012 of which 25% is expected to be from foreign operations and new businesses.
The company, looking at opportunities to revamp refineries in Africa and the Middle East, …
-
- IOC to take hit as crude oil prices soar.
-
News wire article from: Asia Africa Intelligence Wire
March 6, 2004
700+ words
-
- Reliance, Essar, IOC to buy Cairn crude oil this fiscal.
-
News wire article from: Business Line
April 18, 2011
700+ words
-
- IOC ACHIEVES RECORD CRUDE OIL THROUGHPUT IN 2002-2003 (of 43.39 M tonnes...
-
News wire article from: Asia Africa Intelligence Wire
April 15, 2003
700+ words
-
- IOC achieves record crude oil throughput in 2002-2003.
-
News wire article from: Asia Africa Intelligence Wire
April 15, 2003
700+ words
-
- IOC, GAPL INK PACT FOR HANDLING CRUDE OIL (agreement will enable IOC to...
-
News wire article from: Asia Africa Intelligence Wire
October 11, 2002
700+ words
