Unable to pass on cost, oil companies take emergency steps
1 min read
Oil companies’ revenue losses on sale of auto fuels may jump further as international oil prices surged to $114 a barrel on Thursday session on the back of the EU’s move to phase out Russian energy imports.Oil companies’ revenue losses on sale of auto fuels may jump further as international oil prices surged to $114 a barrel on Thursday session on the back of the EU’s move to phase out Russian energy imports.
