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Expect OMCs to Remain Under Pressure: BlueOcean Capital

PUBLISHED ON: March 3, 2015 | Duration: 20 min, 18 sec

  
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Nipun Mehta, CEO of BlueOcean Capital Advisors, expects the oil space to continue to underperform the overall markets, in view of the impact of global crude oil price on margins. For public sector oil marketing companies, uncertainties related to subsidies for some products continue, he adds.
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