Reliance Industries warns of global recession headwinds after profit miss - Business Standard

Recession fears are overtaking oil market fundamentals resulting in lower prices and margins Reliances Joint Chief Financial Officer V Srikanth said in a postearnings call Friday

Reliance Industries Ltd. has warned that a global recession can hurt oil refining margins, flagging the possibility of more pain ahead after the owner of world’s largest refining complex posted a low… [+2788 chars]

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