India's benchmark 10-year bond yield was trading at 7.4965%, up 4 basis points from its previous close. Yield rose as high as 7.5004%, its highest since March 22, 2019.
OPEC could extend its oil supply-reduction pact with non-members or even apply deeper cuts from July if global crude inventories fail to drop to a targeted level, sources said.
Under the terms of the tie-up being discussed, firms such as Schlumberger NV and Halliburton Co will invest capital and share technical expertise in stagnant but producing ONGC hydrocarbon fields, DK Sarraf told Reuters.
In an interview to CNBC-TV18, Vandana Hariof Asia Editorial Dir-Platts spoke about the the impact of the geopolitical crisis in Syria on the global crude oil prices.
PINC Research has come out with its report on Metal Sector
Profitability at two of India's top state-run oil firms is being hurt at a time of high global crude costs, as the government delays increasing state-set fuel prices due to political pressure from high inflation.