12.11.2013 09:42:00
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Indian Oil Corporation Ltd -- Moody's: IOC's first-half results supported by improved refining margins
Singapore, November 12, 2013 -- Moody's Investors Service says the H1 results (April-September 2013) for Indian Oil Corporation Limited (IOC, Baa3 stable) were supported by higher gross refining margins of $5.19 per barrel versus $1.04 per barrel in H1 2012.