Oil & Gas sector set for strong Q3FY26, despite upstream pressures: Report

The oil and gas sector is poised for a strong operational performance in Q3FY26, with aggregate EBITDA projected to rise 17% year-on-year. This growth is primarily driven by downstream and city gas segments, despite a weaker upstream performance. Refining and marketing segments are expected to outperform due to improved gross refining margins.

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