scorecardresearchHigher crude prices a boost for upstream oil companies in Q1; windfall tax can dent profit: Report

Higher crude prices a boost for upstream oil companies in Q1; windfall tax can dent profit: Report

Updated: 17 Aug 2022, 10:48 AM IST
TL;DR.
As Mint reported, analysts believe that Brent prices may remain volatile but will likely stay below $100 a barrel due to muted demand and expectations of more supplies.
FILE PHOTO: Crude oil prices have been subdued of late. REUTERS/Bing Guan/File Photo

FILE PHOTO: Crude oil prices have been subdued of late. REUTERS/Bing Guan/File Photo