Cenlub Industries is planning to incorporate wholly owned subsidiary. The board of directors...
Asahi Songwon Colors has planned a shutdown of CPC Crude Blue Plant at Padra, Vadodara district...
Godfrey Phillips India's step down subsidiary-- Unique Space Developers has divested its...
Birla Precision Technologies has received approval to issue of 6,07,005 Equity Shares at...
The US markets settled higher on Friday amid continuing hopes for a trade deal between the...
City Union Bank has opened four new branches in the state of Tamil Nadu on February 22,...
14-Feb2019
Crude oil futures settled higher on Wednesday buoyed by reports of further reductions to global output and optimism around constructive US-China trade negotiations. De facto leader of the Organization of the Petroleum Exporting Countries, Saudi Arabia, pledged to cut output further in the coming months. The country would cut an additional 500,000 barrels a day to take production to 9.8 million barrels a day in March. The gains for crude came despite data from the Energy Information Administration (EIA) that revealed domestic crude supplies rose by 3.6 million barrels for the week ended February 8. That marked a fourth-straight week rise, and was larger than the 2.7 million-barrel rise expected by S&P Global Platts. The American Petroleum Institute data on Tuesday showed a decline of 998,000 barrels.
Benchmark crude oil futures for March gained 80 cents or 1.5 percent to settle $53.90 a barrel on the New York Mercantile Exchange. April Brent crude rose 1.19 cents or 1.9 percent to settle at $63.61 a barrel on London's Intercontinental Exchange.
Crude oil futures ended higher on Friday as US equities and other assets found traction against the backdrop of upbeat US-China trade talks. The US and Chinese trade representatives reportedly met for......
Crude oil futures settled lower on Thursday after a US government report revealed that domestic supplies climbed for a fifth straight week as production jumped to a record level. The Energy Information......
Crude oil futures ended higher on Wednesday as signs of tighter global crude supplies outweigh pressure from a continued rise in US production. Nigerian President Muhammadu Buhari is reportedly considering......
City Union Bank has opened four new branches in the state of Tamil Nadu on February 22, 2019. The bank has inaugurated 621th and 622nd branch at Nambiyur and Moolapalayam, respectively. The bank has also......
Syndicate Bank has entered into partnership with Srei Equipment Finance to jointly provide financing for construction and farm equipment. Under the arrangement, Syndicate Bank would leverage on its low-cost......
Tata Motors will supply 80 Electric buses to the West Bengal Transport Corporation (WBTC). The company has already supplied 20 Ultra Electric 9/9m AC E-buses, with remaining 20 9/9m AC E-buses scheduled......