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Oil Corp

India’s gasoil sales jump

India’s gasoil sales jump

NEW DELHI: Indian state refiners posted an 8.4% rise in sales of gasoil to 3.45 million tonnes in the first half of...
Published 19 Apr, 2023 06:36am
Oil prices rise
Markets

Oil prices rise

NEW YORK: Oil prices rose on Monday on optimism over the pace of coronavirus vaccinations in the United States and...
Published 13 Apr, 2021 04:31am
BP expects to hit $35 billion net debt target in first quarter
Business & Finance

BP expects to hit $35 billion net debt target in first quarter

  • The company, which had a debt pile of $39 billion at the end of 2020, had earlier expected to reduce its debt to $35 billion around the fourth quarter of 2021 or first quarter of 2022.
  • The London-based company said on Tuesday it expects sale proceeds in 2021 to be at the top end of its existing $4 billion to $6 billion range.
Published 06 Apr, 2021 12:11pm
Brent oil may hover below $64.51
Markets

Brent oil may hover below $64.51

  • A five-wave cycle from $71.38 ended at $60.27 on Tuesday. Over the next few days, this cycle will be partially or totally reversed.
Published 25 Mar, 2021 11:38am