http://business-standard.com/india/news/crude-price-cap-for-ongc-oil-mooted/462276/
I think its a great step from a valuation perspective because modelling would be far more easier. I think it is only fair to cap the realizations at $60/bbl because the average realizations have been in this range for ONGC over the past 4 years.
Wednesday, January 18, 2012
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