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OMCs are "out" while GAIL is "in" as crude prices spiral
Apr 26: High crude oil prices have suddenly brought about a dramatic change in the economics of oil & gas domestic players.
8GAIL is on a roll as it is likely to benefit from the enhanced economics of US LNG contacts
8The oil marketing companies are no longer favoured by analysts as there is growing anticipation that price caps are going to be imposed during an election year as crude prices rise
8ONGC is already factoring an internal minimum price for crude post discount
8OMC stocks will soon be recommended to be sold instead of being bought.
8In a matter of a few months, the prospects seem to have changed for Indian oil & gas companies.
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