Moody’s Affirms Stable Ratings Outlook For Oil Firms IOCL, BPCL, HPCL
Moody’s Investors Service has kept the outlooks on the ratings for three-oil refining and marketing companies — Indian Oil Corporation Ltd (IOCL), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Ltd. (HPCL) — stable. “The rating affirmation reflects our views that the operating performance of the state-owned refining and marketing companies will continue to […]