RIL’s Energy Arm On Track To Deliver Best Quarterly Results: Morgan Stanley ...Middle East

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RIL’s Energy Arm On Track To Deliver Best Quarterly Results: Morgan Stanley
New Delhi:  Reliance Industries energy vertical is on track to deliver its best quarterly performance in more than 20 years as refining margins are running almost 2x above mid-cycle, said global investment firm Morgan Stanley. Petrochemical margins, despite lockdowns in China, are up quarter-on-quarter and trending towards mid-cycle, whereas profitability in upstream is at its […] The post RIL’s Energy Arm On Track To Deliver Best Quarterly Results: Morgan Stanley appeared first on Ommcom News.

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