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Oil Markets: Is the Worst Over?
June 27th, 2020 - 11:30 GMT

Oil Markets: Is the Worst Over?

The worst phase for oil marketing companies may be overdue to smart recovery in the sales of both petrol and diesel in May and June, with India gradually unlocking itself from the lockdowns imposed to contain Covid-19 spread. According to a research report by ICICI Direct, though sales were down 45 percent in April due to the lockdown for almost all oil marketing companies, mainly the country's largest fuel retailer ...
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