New Delhi, Oct. 9 -- India's oil and gas sector is expected to report a mixed performance in the July-September quarter, as higher gas prices and rupee depreciation put pressure on city gas distributors, while improved refining margins and stronger gas-trading earnings support performance in other segments, according to a report by Systematix Research.

"We expect our Oil & Gas coverage universe to deliver a mixed but relatively resilient Q2FY27 performance," the report said, highlighting the impact of higher energy prices and currency movements on companies across the sector.

Brent crude averaged USD 91.3 per barrel during the quarter, up 34.1 per cent year-on-year, while spot liquefied natural gas (LNG) prices rose 86.7 per cent to USD...