Feb 10, 2016 at 10:58 | Source: CNBC
In Australia, the S&P/ASX 200 lost 1.50 percent to trade at 4,766.40, extending Tuesday's 2.88 percent drop, with the market weighed by the energy, materials and financial sectors, which were down 1.84, 1.55, and 0.65 percent respectively.
Feb 10, 2016 at 07:56 | Source: Moneycontrol.com
Indian shares are likely to open weak, following a day of heavy losses, as selling continues to linger in some key global markets, such as the Japan and Singapore.
Feb 10, 2016 at 07:36 | Source: PTI
In late afternoon deals in London, Brent North Sea crude for delivery in April dived USD 2.25 to USD 30.63 per barrel.
Feb 09, 2016 at 19:31 | Source: PTI
Essar Oil earned USD 13.25 on turning every barrel of crude oil into fuel in the third quarter as compared to a gross refining margin of USD 7 per barrel a year ago.
Feb 09, 2016 at 15:10 | Source: CNBC
Crude oil prices have spiralled lower in January with what the IEA called "brimming stockpiles" pushing global benchmarks below USD 30 a barrel. On Tuesday, Brent crude for April delivery was trading at USD 32.80 a barrel and US crude was at USD 29.93, showing little let-up for prices.
Feb 09, 2016 at 09:01 | Source: Reuters
US crude was up 49 cents at USD 30.18 a barrel at 0259 GMT, after rising as far as USD 30.30. The contract fell about 4 percent on Monday, finishing at USD 29.69.
Feb 09, 2016 at 07:58 | Source: Moneycontrol.com
Indian shares will likely be off to a weak start after negative sentiment appears to have again engulfed risk assets.
Feb 08, 2016 at 09:36 | Source: Reuters
Brent crude futures, the global benchmark was down 9 cents at USD 33.97 at 0039 GMT. They fell 40 cents to USD 34.06 a barrel on Friday.
Feb 08, 2016 at 09:04 | Source: PTI
Cairn India Managing Director and CEO Mayank Ashar said the government should convert the Rs 4,500 per ton Oil Industry Development Cess, which takes away a third of the current oil price of about USD 30 per barrel, into ad valorem.
Feb 07, 2016 at 17:34 | Source: PTI
The 15 million tons per annum Paradip refinery was built over nearly 16 years. The then Prime Minister Atal Bihari Vajpayee had on May 24, 2000 laid foundation stone of the ninth plant of IOC.