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May 26, 2015 at 07:29 | Source: PTI
The company's net profit in the previous fiscal stood at Rs 4,445 crore, the company said in a statement. The revenue fell by 14.63 per cent to Rs 18,491 crore. OVL produced 5.53 million tonnes of crude oil in 2014-15, marginally higher than 5.48 million tonnes a year ago. Gas output was 16.37 per cent higher at 3.34 billion cubic meters.
May 25, 2015 at 10:04 | Source: Reuters
Japan's customs-cleared crude oil imports rose 9.1 percent to 3.62 million barrels per day (17.28 million kilolitres) in April from the same month a year earlier, the Ministry of Finance said on Monday.
May 20, 2015 at 06:26 | Source: Reuters
US crude futures rose on Wednesday after a more than three percent slide in the previous session, supported by a larger than expected drop in crude inventories, although a firmer dollar capped gains.
May 13, 2015 at 14:33 | Source: CNBC
US oil producers appear to have lost their battle with OPEC (Organization of the Petroleum Exporting Countries) over market share, but the war is only just beginning, the International Energy Agency (IEA) warned Wednesday
Apr 15, 2015 at 14:53 | Source: Reuters
The agency raised its forecast for global oil demand growth in 2015 for a second consecutive month, citing stronger-than-expected pockets of demand in markets such as Europe, India and the United States.
Apr 11, 2015 at 13:49 | Source: IBNLive.com
Senior BJP leader Subramanian Swamy termed the new Rafale fighter jet deal between India and France a case of arbitrariness. Swamy is yet to decide on what action to take over Modi government's decision to purchase 36 aircraft from France.
Apr 01, 2015 at 12:48 | Source: Reuters
Talks between Iran and six world powers to settle a dispute around Tehran's nuclear programme extended beyond a Tuesday deadline, as the parties edged towards a deal but failed to agree on crucial details such as the lifting of UN sanctions.
Mar 18, 2015 at 11:04 | Source: Reuters
US crude for April delivery fell 79 cents to USD 42.67 a barrel, falling more than USD 1 a barrel in early Asian trade on Wednesday after crude inventories rose by 10.5 million barrels to 450 million in the week to March 13, data from industry group the American Petroleum Institute showed on Tuesday.
Mar 12, 2015 at 10:55 | Source: Reuters
Meanwhile, a build in US crude inventories, which rose for a ninth straight week to the highest level at this time of year in more than 80 years, helped to cap gains.
Mar 11, 2015 at 15:29 | Source: Reuters
The benchmark closed nearly 4 percent down in the previous session on a rallying US dollar and before an industry group said US crude inventories fell by 404,000 barrels last week. Analysts had expected a 4.4 million barrel build in stocks.
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03:02 - Brent hits 3-week low below $111; Libya could boost supply

3.10 PM Jul 7th 2014

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Source:Bloomberg - Brent crude traded near the lowest price in more than three weeks as Libya prepares to resume exports and amid speculation that Iraq's crude production remains unaffected by violence. West Texas Intermediate fell. Futures were little changed in London ...

10.39 AM Jul 7th 2014

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Source:Business Week - Brent crude traded near the lowest price in more than three weeks as Libya prepares to resume exports and amid speculation that Iraq's crude production remains unaffected by violence. West Texas Intermediate fell. Futures were little changed in London ...

10.39 AM Jul 7th 2014

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LIBYA-VIOLENCE:Three European engineers believed kidnapped in Libya - officials

7.36 PM Jul 6th 2014

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production from OPEC’s second largest producer remains unimpeded at this point. Further, newswires have reported that rebels have returned key ports in Libya to the government, which stands to return the country’s oil exports to more normal levels. As supply disruption concerns continue to evaporate, crude

7.25 PM Jul 4th 2014

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Libya said earlier that it had struck a deal with rebels occupying oil ports under terms that would have insurgents give up control over the last two terminals and end a blockade.

6.24 PM Jul 4th 2014

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Meanwhile, silver for September delivery was down 0.76% at $21.140 a troy ounce, while copper futures for September delivery were up 0.37% at $3.277 a pound.Crude futures fell on Thursday after Libya declared an end to a standoff with rebels that had closed several oil facilities and ports

6.23 PM Jul 4th 2014

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Libya said earlier that it had struck a deal with rebels occupying oil ports under terms that would have insurgents give up control over the last two terminals and end a blockade.

4.30 PM Jul 4th 2014

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Oil prices came under pressure amid expectations for more shipments from Libya and Iran, although ongoing concerns over violence in Iraq were expected to limit losses.

4.26 PM Jul 4th 2014

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Libya said earlier that it had struck a deal with rebels occupying oil ports under terms that would have insurgents give up control over the last two terminals and end a blockade.

2.02 PM Jul 4th 2014

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