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Oil near $108 as ample supply offsets global unrest
Tue, Jul 29 2014. 02 19 PM

Oil near $108 as ample supply offsets global unrest

Brent crude oil stabilised around $108 a barrel as ample supply offset geopolitical tensions in the Middle East, Africa and Europe
BP net profits soar 65% on high oil prices
Tue, Jul 29 2014. 01 51 PM

BP net profits soar 65% on high oil prices

The firm’s earnings after taxation in the quarter to June rallied to $3.369 billion, up from $2.042 billion a year ago
Huge blaze out of control in Tripoli battle as Libya slides into chaos
Tue, Jul 29 2014. 12 20 AM

Huge blaze out of control in Tripoli battle as Libya slides into chaos

India’s mission in Tripoli advised all its nationals to leave Libya and not to travel to the country, a report said
Global markets down on Russia sanctions, weak US housing
Mon, Jul 28 2014. 09 14 PM

Global markets down on Russia sanctions, weak US housing

Dow fell 76.65 points to 16,883.92, while S&P 500 Index lost 10.59 points to 1,967.75
Centre calls meetings with states on diesel price
Mon, Jul 28 2014. 07 48 PM

Centre calls meetings with states on diesel price

Oil minister has called meetings with 12 states with the highest incidence of taxes between 30 July and 6 August
Brent slips below $108 as Mideast tension cools on Gaza lul
Mon, Jul 28 2014. 10 44 AM

Brent slips below $108 as Mideast tension cools on Gaza lul

US crude futures for September delivery dropped 52 cents to $101.57 a barrel after ending last week 1% lower
Cairn seeks ONGC nod to extend Rajasthan block permit beyond 2020
Sun, Jul 27 2014. 01 18 PM

Cairn seeks ONGC nod to extend Rajasthan block permit beyond 2020

State-owned ONGC, which has a 30% stake in the block, is yet to decide on terms for an extension
Monthly limit of one subsidized cylinder per household may go
Fri, Jul 25 2014. 12 40 AM

Monthly limit of one subsidized cylinder per household may go

Move comes before assembly elections in Maharashtra, Haryana, Jammu and Kashmir, Delhi and Jharkhand slated to happen later this year
Rupee closes flat at 60.11 after hitting over 1-week high
Thu, Jul 24 2014. 07 05 PM

Rupee closes flat at 60.11 after hitting over 1-week high

The rupee had strengthened to 59.99 a dollar level, after opening at 60.02 a dollar
India pays third instalment of oil dues to Iran
Thu, Jul 24 2014. 05 56 PM

India pays third instalment of oil dues to Iran

The $550 million payment was India’s last under an interim deal between Tehran and six world powers

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