OIL India announces 3:2 bonus; net up 12%.The article reports on an 11.67 percent increase in net profit of Oil India Ltd. in the quarter ended December 31, 2011.EBSCO_bspChemical Business
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Trading oil has perhaps never been more of a roller coaster ride than it is today. Just in the past two months, prices threatened to reach $100 per barrel, only to whipsaw into the $70s. On one day in October, they swung as much as 6%. And so far in 2023, futures have lurched ...
Mike Horrocks gave a foretaste ofOSIsoft’s well integrity management system, a proof of concept that is being developed with help from InternationalWell Integrity Ltd. Current well integrity management systems tend not to run with live operational data and may react to well events when they have...
Oil India asked not to use IPO cash in Iran NEW DELHI (Reuters) - Foreign banks advising Oil India Ltd on its initial public offering have sought an assurance the explorer will not invest the funds raised in Iran and Sudan, which face U.S. sanctions, oil ministry officials said on Wedn...
The freight bill of India’s oil companies such as state-owned Indian Oil Corp. Ltd, Reliance Petroleum Ltd and Essar Oil Ltd has increased significantly because of a sudden rise in rates for shipping crude oil on very large crude carriers, or VLCCs, a result of a shortage of such vessel...
Doesn't China (and India and lots of other countries besides the US, Europe, etc.) subsidize the price of oil and gasoline for their citizens? China can just take all their treasuries and pay for $200 a barrel oil while their citizens can get away with paying $1/gallon for gasoline. ...
In the current market realities, market participants should refrain from investing in oil. However, one may consider short- and medium-term trading for up to three months. Oil Price Prediction FAQ What's the price of oil per barrel today? What is the forecast for oil prices?
Note that in China & India, growth may have slowed, but there is still growth. I think right now the price of oil is simply tracking the rising US dollar. During the last 6 weeks the US $ has climbed around 12% in value compared to the Euro. If the US $ had not appreciated, ...
Oil continued its fall today, trading at $86.75 a barrel, down $2.20, on the New York Mercantile Exchange. As Oil Use, Price Slide, OPEC's Hawks Fret Right on cue, OPEC's price hawks are calling for an emergency meeting as the price of the group's reference basket of crudes hits ...