{"id":418404,"date":"2021-06-03T11:17:28","date_gmt":"2021-06-03T05:47:28","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=418404"},"modified":"2021-06-03T11:17:28","modified_gmt":"2021-06-03T05:47:28","slug":"rising-crude-oil-prices-may-impact-margins-of-oil-marketing-companies-icra","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rising-crude-oil-prices-may-impact-margins-of-oil-marketing-companies-icra\/","title":{"rendered":"Rising crude oil prices may impact margins of oil marketing companies: ICRA"},"content":{"rendered":"<p>The surge in international crude oil price could have a mixed impact on oil public sector companies, and an improvement in the refining margins is expected due to increasing demand, but marketing margins may be compressed, ICRA said Wednesday.<\/p>\n<p>&#8220;Unless the Centre and state governments cut the excise and VAT (value-added tax) rates, public sector oil marketing companies would be constrained in passing on further price hikes in the retail market,&#8221; it said in a note.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The surge in international crude oil price could have a mixed impact on oil public sector companies, and an improvement in the refining margins is expected due to increasing demand, but marketing margins may be compressed, ICRA said Wednesday. &#8220;Unless the Centre and state governments cut the excise and VAT (value-added tax) rates, public sector oil marketing companies would be constrained in passing on further price hikes in the retail market,&#8221; it said in a note.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-418404","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/418404","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=418404"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/418404\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=418404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=418404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=418404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}