The price of Indian basket of crude fell 69% to $22/barrel on March 31 since the January 8 peak of $69.95/barrel it touched in 2020, dragging down the profit share of contractors.
from The Financial Express https://ift.tt/2w8tuWw
Thursday, 2 April 2020
Plummeting to record level: Profit falls to 20 cents/ barrel for private crude producers
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