Fuel price reduction may dent oil firms EBITDA by Rs 6500 crore: Moody's

Economic TimesFuel price reduction may dent oil firms EBITDA by Rs 6500 crore: Moody'sEconomic TimesIt also said on October 4, the government reduced petrol and diesel retail selling prices by Rs 2.50 per liter, through the lowering of excise duties by Rs 1.50 per litre and asking the country's oil marketing companies (OMCs) to absorb the remaining ...and more »

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