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Tuesday November 24, 2009
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India & Pakistan Crude Oil News is an EIN News Service for energy industry professionals. Constantly updated news and information about India & Pakistan Energy.
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Latest India & Pakistan Crude Oil News

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  • India FDI to Reach $60 Billion, Stocks Down 24 Nov 2009 14:32 GMT
    ... against the dollar. The Sensex index in India decreased 49.10 or 0.2% to 17,131.08 and CNX ... the company said it has discovered additional crude oil in Brazil''s offshore Campos Basin. ...

  • Stocks gain, dollar eases further 24 Nov 2009 00:11 GMT
    ... earlier highs of $79.92 a barrel. London Brent crude rose 26 cents to settle at $77.46 ... at $77.46 a barrel. U.S. light sweet crude oil rose 62 cents to $78.09 a barrel. ... series of record highs since news that India bought 200 tonnes of gold from the International ...

  • Gold strikes all-time high 24 Nov 2009 06:13 GMT
    ... under the weight of record bullion prices. India, the world’s largest gold importer, has bought only minimal ... US and Europe remains lacklustre. Nymex January West Texas Intermediate had been up $1.96 in late trade ...

  • Govt may import rice, has enough wheat 24 Nov 2009 13:52 GMT
    ... in interview as part of the Reuters India Investment Summit. Some traders in southern India have ... also facing a higher import bill for crude oil, which has risen by three-quarters this year, but Rangarajan said ...

  • The Best Energy Investments in the World 24 Nov 2009 01:36 GMT
    ... produced. As emerging countries like China and India begin to increase their standard of living, they'll ... track record for profiting in resources like crude oil, natural gas, and uranium is unmatched in the industry. ...

  • Reliance Industries reopens 900 gas stations 24 Nov 2009 13:51 GMT
    ... "Mostly these are in western and southern India. Wherever we can operate at PSU (public sector ... knocked them out of the arena. When crude oil prices more than halved in three months from their $147 ...

  • Analysts cautious on RIL-Lyondellbasell deal 24 Nov 2009 03:44 GMT
    ... synergies" between the operations of RIL in India and LyondellBasell in Europe and US. "RIL does ... "RIL does not have access to feedstock (crude oil) that it can use in LB's refining assets, it cannot integrate ...

  • Dubai hosts delegates from China, South Korea, Indonesia and Thailand to discuss major highlights of next conference edition 24 Nov 2009 06:10 GMT
    ... market disturbances indicated that the price of crude oil was most likely to remain above $70 in the near ... and 8.5% in 2009 and 2010 respectively, India to grow by 5.6% and 6.5% in 2009 ...

  • Reuters Summit - Govt may import rice after 1-2 months - PM adviser 24 Nov 2009 12:33 GMT
    ... in interview as part of the Reuters India Investment Summit. Some traders in southern India have ... the prices up. But at the moment, crude oil prices are remaining at a level where there is no ...

  • New Global Hot Spots 24 Nov 2009 15:32 GMT
    ... exchange-traded fund that tracks the performance of crude oil, lost 41% last year. Ultimately, I think there is a ... lie in emerging economies like China and India, as well as smaller "frontier" economies like Vietnam ...

  • The Fortune Financial Reviews Companies on the Basic Materials, Services and Technology Sector NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by TheFortuneFinancial.com. 24 Nov 2009 12:11 GMT
    ... Opinion Being Issued by TheFortuneFinancial.com. NEW DELHI, INDIA, Nov 24, 2009 (MARKETWIRE via COMTEX News Network) ... has reduced demand for natural gas and crude oil. As a result, inventories swelled... Is this a BUY, SELL ...

  • Russia Cuts Rates to Record Low to Stimulate Lending 24 Nov 2009 14:10 GMT
    ... percent surge in the price of Urals crude oil this year. The central bank said last month it would ... four so-called BRIC nations still cutting rates. India last lowered its reverse repo and repo rates ...

  • Q3 GDP Estimate Lowered; Home Prices Rise 24 Nov 2009 15:53 GMT
    ... is the fourth increase in a row. Crude oil decreased 25 cents to $77.31 a barrel and gold edged ... 0.38% to 2,471.88. The Sensex index in India decreased 49.10 or 0.29% to 17,131.08. ...

  • Hungary MOL unveils 2010 plans, gets upgrade by Netixis 24 Nov 2009 15:57 GMT
    ... The Board of Directors of Hungary's oil and gas ... for mid-December MOL expects the price of Brent crude to rise to USD 70/bbl in 2010 ... production of BaiTex and Matjushkinskaja fields. In Pakistan, it also forecasts rising gas production. MOL ...

  • MCX crude oil trades slightly up 23 Nov 2009 07:56 GMT
    ... Domestic crude oil futures are seen on green channel in tandem with firm ... and also tracking the rising bullion prices. India imported 68.3 percent of its crude oil requirements ...


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