Oil & gas
Oil fall pummels Saudi Aramco shares to below IPO levels
09 Mar 2020
Saudi official selling prices for crude fell $8-$10.25 below Brent, registering the sharpest fall in at least 20 years even as the Opec kingpin hinted at hiking production by more than 2 million barrels per day
Govt invites bids for 52.98% stake in BPCL
09 Mar 2020
The offer for sale does not include BPCL’s 61.65 per cent stake in Numaligarh Refinery Limited (NRL) and management control thereon
Oil drops further as Opec, Russia fail to agree to sharp supply cuts
06 Mar 2020
US benchmark US West Texas Intermediate (WTI) crude futures hit another low of $45.31, down 1.3 per cent from its Thursday’s lows, by 12:30 Eastern Time while North Sea Brent oil futures lost 1.3 per cent at $49.33 a barrel
