JM Financial sees crude stabilising at $70-72 a barrel in the medium term

September 18, 2025
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Dayanand Mittal, Oil & Gas and Telecom Research Analyst at JM Financial Institutional Securities, remains neutral on OMCs but prefers BPCL for its strong refining business and IOC for its attractive valuations.

JM Financial sees crude stabilising at $70-72 a barrel in the medium term

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