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Oil & Gas Q3 Results Review: Indian Oil, GAIL To Oil India Among ICICI Securities' Top Bets To Buy— Here's Why

Oil and Gas Q3 Results Review- 'Sell' Petronet LNG and 'Hold' Gujarat State Petronet among others, says ICICI Securities- Here's Why

<div class="paragraphs"><p> Indian Oil, GAIL, Gujarat Gas  To Oil India Among ICICI Securities' Top Bets To Buy</p><p>(Source <a href="https://unsplash.com/es/@zburival?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText">Zbynek Burival</a>&nbsp;/<a href="https://unsplash.com/s/photos/oil-and-gas-industry?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText">Unsplash</a>)</p></div>
Indian Oil, GAIL, Gujarat Gas To Oil India Among ICICI Securities' Top Bets To Buy

(Source Zbynek Burival /Unsplash)

The brokerage remain positive structurally but note that near-term headwinds on pricing, regulations and margins may keep stocks rangebound in near term. Upstream broadly delivered in-line volume growth, with improvement in realisation in store for both crude and gas.
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