Before the Algiers meeting, Saudi Arabia and Iran have already sent conciliatory signals that they want to work together, along with Russia which is involved in talks although not a member of OPEC. Last week Bouterfa suggested one million barrels per day should be removed from global supply. OPEC
4.09 PM Sep 26th
the surplus or the 3 billion barrel plus crude and crude product inventories worldwide... So, Spicejet, courtesy of reducing MRO costs, is going to benefit a lot... Even if the Maran case drags on, It will not have any impact on the Spicejet balance sheet that grows stronger and stronger by the day
6.57 PM Sep 24th
Oil prices has come down from $50 to $46 per barrel verybpositive for Indigo and also the service sector is growing 8%. With a 40% market share and 112 fleets and 3 A320 neosahving the youngest fleet and fuel efficient makes Intrerglobe the best airline stock to hold.So stay invested.
2.21 PM Sep 23rd
for an East African nation. Ducon receives turnkey order for FCC Cyclones from a major oil refinery on the west coast of USA with the current feedstock throughput capacity of 170,000 barrels per day. Ducon receives turnkey order for a Coal Handling system for 3x150 MW power plant in China.
2.44 PM Sep 20th
as per technicals and fundamentals, if you do a indepth research on the oil industry you will notice that this downside will last for a decade and since 2014 the prices have been low so we can see atleast next 4-5 years the prices to be in the range of 35 - 60$ a barrel as compared to earlier when
1.06 PM Sep 19th
in 2015-16, down from Rs 6,87,416 crore a year ago. While the basket of crude oil India imports averaged USD 84.16 per barrel in 2014-15, it cost only USD 46.17 a barrel in FY16. Indian basket averaged USD 105.52 per barrel in 2013-14. Domestic crude oil production was marginally lower at 36.9 million
10.09 AM Sep 17th
mm single barrel and Soviet-era ZU-23-2 towed 23 mm twin-barrel weapon systems. In May 2014, the ministry of defence (MoD) had sent a request for information (RFI) to local defence companies to develop replacements for these aged air defence guns. The RFI to Bharat Forge, the state-owned Ordnance
5.16 PM Sep 16th
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