Indian Oil & Gas Sector Loading... : Investor Sentiment and Bull/Bear Views

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06:10
Jun 19
Muyu Xu Senior Crude Analyst, Kpler Bloomberg Markets
Indian refiners benefit from cheap crude
India is a major beneficiary of the Strait of Hormuz reopening due to its geographic proximity to the Middle East. Indian refineries are actively buying spot cargoes, may access cheaper Iranian crude if sanctions waivers hold, and have upside room to increase refining run rates and capture export margins.
MED

About Indian Oil & Gas Sector Investor Commentary

Across the available history and selected sources, Buzzberg tracks Indian Oil & Gas Sector across 1 sources: 1 bullish vs 0 bearish calls from 1 authors. Historical directional balance: 100% = 100 × (bullish − bearish) / all deduplicated idea records, including other directions. This is neither a probability of a price rise nor the share of bullish authors. 1 total trade idea tracked. Latest voices: Muyu Xu.