![Inventory gains are helping oil companies](https://www.gkseries.com/blog/wp-content/uploads/thumbs_dir/Inventory-gains-are-helping-oil-companies-oxuugpogcfrb38jak7pp9vwagv4pks07d04b575c4g.jpg)
Both Indian Oil Corporation Ltd. (IOCL) and Bharat Petroleum Corporation Ltd. (BPCL) have reported strong financial results in the second quarter of this fiscal despite lower operating revenues. The key item driving profits for both companies in the quarter were “inventory gains”. Daily Current ...
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