OPEC as well as some non-affiliated producers such as Russia agreed late last year to cut output by 1.2 mn barrels per day.
20 Feb 2019 11:00 AM
Brent crude oil futures were at USD 66.08 per barrel at 0220 GMT, down 42 cents, or 0.6 per cent from their last close.
19 Feb 2019 1:34 PM
At least partly offsetting the supply cuts has been a surge in US crude oil production by more than 2 million bpd in 2018.
18 Feb 2019 10:21 AM
International Brent crude futures were up 50 cents, or 0.8 per cent, at USD 62.01 per barrel.
12 Feb 2019 10:24 AM
Jet Airways Ltd has grounded four aircrafts after failing to make payments to lessors.
08 Feb 2019 1:58 PM
US crude oil production remained at the record 11.9 million barrels per day (bpd) it reached in late 2018.
07 Feb 2019 10:28 AM
Govt revised up the FY19 fiscal deficit at -3.4 per cent of the GDP vs -3.3 per cent in the budgeted estimate.
02 Feb 2019 12:17 PM
The state-owned company is seeking a partial cargo for delivery on Feb 25, with offers due by Feb 11.
30 Jan 2019 10:36 AM
Crude futures were back in the red as trading began for a fresh week in Asia.
14 Jan 2019 10:35 AM
Jet met with lenders, lessors and vendors in India on Tuesday to discuss its financial situation and a debt-repayment plan.
10 Jan 2019 1:23 PM
India's banking system continues to factor in its relatively weak governance and transparency.
17 Dec 2018 3:55 PM
Governor's departure is likely to push 10-year INR yields back above 7.6 per cent in a knee-jerk sell-off.
11 Dec 2018 10:59 AM
Valuations of Indian bank USD bonds remain relatively expensive and do not offer much upside from current levels.
09 Nov 2018 10:48 AM
Flight SQ22 will use long-range Airbus A350-900ULR, configured to carry 161 passengers -- 67 in business class and 94 in economy.
11 Oct 2018 11:16 AM
Brent has risen by around 20 per cent from the most recent lows in August.
02 Oct 2018 11:11 AM
Brent was pushed up by the looming sanctions against Iran, which will start targeting its oil sector from Nov 4.
01 Oct 2018 9:15 AM
Singapore, with an ageing population and a shortage of high-tech workers, finds it necessary to bring in foreign talent.
25 Sep 2018 2:22 PM
Chen Bo also said China would reduce Iranian oil imports because of looming US sanctions.
24 Sep 2018 11:48 AM
With 95 million monthly active users, Paytm has been growing by 5 per cent to 6 per cent month-on-month.
12 Sep 2018 8:33 AM
The company expects it to be run on 100 per cent renewable energy, like its other data centres.
06 Sep 2018 12:42 PM