Investors across the world started selling risky assets amid concerns over rapid spread of Covid-19 across the geographies and the subsequent economic fallout of a pandemic.
The chairman and managing director of Reliance Industries said the coming decade presents a "historic opportunity" for businesses to excel and place India among the top three economies of the world.
"Our current assessment forecasts that COVID-19 could result in global exploration and production (E&P) investments falling by around $30 billion in 2020," said Audun Martinsen, head of Rystad's oilfield service research.
