The drop has come despite a small output cut by the Organization of the Petroleum Exporting Countries (OPEC) and allies, together called OPEC+, Russia’s threat to cut oil flows to any country that backs a price cap on its crude, and a weaker outlook for U.S. oil production growth.
Our aspiration is to make Persistent a $2 billion plus company in next three years: CEO
Persistent Systems CEO Sandeep Kalra discusses the company’s growth strategy amidst challenging market conditions, focusing on leveraging investments in generative AI and sales/marketing to achieve