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BUZZ-India's oil refiners rise; govt says has not asked fuel retailers to absorb fuel price rises
September 14, 2017 / 4:08 AM / 9 days ago

BUZZ-India's oil refiners rise; govt says has not asked fuel retailers to absorb fuel price rises

** Shares of India’s oil marketing companies Bharat Petroleum Corp, Hindustan Petroleum Corp and Indian Oil Corp rise more than 3 pct each in early trade

** India’s oil minister says has not asked fuel retailers to absorb future increases in fuel price

** The stocks had fallen in the previous session on media reports that India was unlikely to further raise fuel prices due to higher inflation

** S&P BSE Oil & Gas index, which was 1.7 pct down on Wednesday, was up 1.6 pct

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