Oil & gas
Forget market turmoil, Indian Oil stake sale fetches govt Rs9,300 cr
24 Aug 2015
Monday’s market mayhem cost retail investors dear as they managed to subscribe to only 18 per cent of the 48.5 million shares reserved for them
Govt to sell 10% stake in Indian Oil Corp on Monday
22 Aug 2015
The government will sell a 10-per cent stake in state-run oil marketing company Indian Oil Corp Ltd, on Monday, through an auction on the stock exchanges
Oil price hits 6.5-year low of nearly $40 a barrel
20 Aug 2015
Oil has tumbled more than 30 per cent since prices hit the year’s peak in June as producers maintained output levels despite rising inventories
Rising US stocks push crude prices to a fresh 6-year low of $42 a barrel
14 Aug 2015
Crude oil prices, which have been in a tailspin over the past 14 months amidst rising US production of shale oil and OPEC’s unwillingness to cut back on production, have led to a supply surge
