Oil Marketing Companies

Price Hike!! Price Hike!! Price Hike!!

No decision yet taken by the government readying itself for upcoming elections. These companies have already taken huge losses.

We have seen strength in these companies last 1-2 weeks in hope of price hike.

I wonder how much these companies can gain given the fact that hike will only reduce their losses but not make them profitable. Gods knowns what will happen to already incurred loss.

Oils bonds are helping them partially but thats a sad story for common man because these bonds are just postponing the disaster.