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Singapore Gross Refining Margins Surge 2,000% In 10 Days-What Does It Mean For Indian Refiners?

Singapore Gross Refining Margins Surge 2,000% In 10 Days-What Does It Mean For Indian Refiners?

It has been a frantic week or so for Singapore's gross refining margins, which have jumped 2000%, climbing from $0.41 to $8.6 in a matter of just ten days, which could serve as a major earnings boost for major Indian refiners. The current GRM of $8.61 is almo…

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