Dynamic fuel pricing deepening deregulation: Jefferies | The Economic Times

NEW DELHI: The proposed daily pricing of transport fuels in India would improve confidence in the sustainability of the market pricing regime as regular smaller changes in currency and crude oil prices should be easier to pass through to customers, US investment banker Jefferies said on Thursday.

“Daily pricing would improve confidence on sustainability of deregulation, as regular smaller changes should be easier to pass through if crude prices rise or rupee depreciates sharply,” Jefferies said in a report.

“Post diesel deregulation in October 2014, this is the next major step forward for the marketing business of oil marketing companies,” it added.

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Dynamic fuel pricing deepening deregulation: Jefferies – The Economic Times.