Money

Oil corporation cites its debt burden for keeping fuel prices high, raking in profits

Brent crude oil dropped to $80 per barrel in the first week of March, after peaking at $128 per barrel in June last year. Oil corporation cites its debt burden for keeping fuel prices high, raking in profits
Global crude prices have been declining due to a resurgence of global recession fears and inflationary concerns. SHUTTERSTOCK
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Krishana Prasain
Published at : March 12, 2023
Updated at : March 13, 2023 08:17
Kathmandu

Krishana Prasain

Krishana Prasain is a business reporter for The Kathmandu Post covering markets. Before joining The Kathmandu Post in 2018, she spent 3 years in New Business Age magazine covering business.


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