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Government to cap crude oil price for ONGC and OIL
Feb 05: In the face of rising crude prices, is the government is planning to cap the crude oil price for ONGC and OIL at $50-55/bbl?
8Evidence that the government may not have an appetite for passing on the burden of higher crude prices to consumers is in the Union budget.
8By how much will the two public sector E&P companies going to be impacted?
8Will the reverberations be felt by downstream oil marketing companies as well?
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