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Oil drops, with May contract ending at 2-week low

Apr 23, 2014 at 06:27 | Source: Market Watch

SAN FRANCISCO (MarketWatch) — Oil futures dropped Tuesday, with the May contract settling at a two-week low, pressured by expectations for a rise in weekly U.S. crude inventories as the contract expired at the session’s close. Crude oil for May ...

Biden offers Kiev U.S. help, condemns corruption

Apr 23, 2014 at 03:45 | Source: FirstPost

KIEV (Reuters) - U.S. Vice President Joe Biden told Ukrainian presidential candidates and members of parliament on Tuesday that Washington was ready to help Ukraine's economy but warned them they must fight the "cancer" of endemic corruptio...

Biden warns on Ukraine accord as Russia refuses to be rushed

Apr 22, 2014 at 23:15 | Source: FirstPost

KIEV/MOSCOW (Reuters) - U.S. Vice President Joe Biden told Russia on Tuesday that "time is short" for action on defusing the crisis in eastern Ukraine, but Moscow refused to be rushed, saying it could handle any tougher economic sanctions t...

Oil pulls back from 7-week high

Apr 22, 2014 at 19:52 | Source: Market Watch

NEW YORK (MarketWatch) — Oil futures drifted lower Tuesday, but continued to hover near seven-week highs scored on continued tensions in Ukraine and expectations for improved energy demand. Nymex West Texas Intermediate crude for June delivery (NM...

5 dividend stocks with yields of up to 10%

Apr 22, 2014 at 19:17 | Source: Market Watch

Do you want income from your investments — to pay the mortgage, medical bills, maybe a vacation? It seems that every story you read about these days is geared toward day traders or those looking for long-term growth in retirement portfolios. But t...

Gas price report in pipeline

Apr 22, 2014 at 13:17 | Source: Calcutta Telegraph News

New Delhi, April 21: The oil ministry is expected to outline the steps taken to implement the cabinet’s decisions on natural gas price in its response to a status report sought by the Prime Minister’s Office. “The reply would point...

Oil prices edge up to settle at 7-week high

Apr 22, 2014 at 13:17 | Source: Market Watch

SAN FRANCISCO (MarketWatch) — Oil prices edged higher on Monday to log their highest close in seven weeks as continued uncertainty in Ukraine and U.S. economic reports that generally support a brighter outlook for energy demand lifted prices for a...

Biden offers Ukraine U.S. help on energy, aid allocation

Apr 22, 2014 at 00:30 | Source: FirstPost

KIEV (Reuters) - U.S. Vice President Joe Biden will announce a package of technical assistance focused on energy and economic aid distribution during a two-day visit to Ukraine that began on Monday, a senior administration official said.Biden is the ...

Halliburton reports $622m profits

Apr 21, 2014 at 21:17 | Source: BBC

US oil exploration firm Halliburton has reported better-than-expected first quarter profits, helped by robust drilling activity in Russia, Saudi Arabia and Angola. The world's second-largest oil company said net income for the three months to th...

Oil prices ready for highest close in seven weeks

Apr 21, 2014 at 21:17 | Source: Market Watch

SAN FRANCISCO (MarketWatch) — Oil prices edged higher on Monday, ready to log their highest close in seven weeks as continued uncertainty in Ukraine and U.S. economic reports that generally support a brighter outlook for energy demand lifted price...

Japan's trade deficit quadruples in March

Apr 21, 2014 at 08:02 | Source: BBC

Japan's trade deficit quadrupled in March as export growth slowed and energy imports continued to rise. A weak Japanese currency, which pushed up the cost of imports, also contributed to the widening gap. The deficit rose to 1.45 trillion yen ($...

Gas price spoiler lurks

Apr 21, 2014 at 04:02 | Source: Calcutta Telegraph News

New Delhi, April 20: Subsidies in the wake of a higher price of natural gas are estimated to be more than revenues from the hike, raising the possibility of the pricing impasse persisting even after a new government takes charge next month. Gas pric...

Reliance earnings crimped by weak refining business

Apr 20, 2014 at 01:37 | Source: Market Watch

NEW DELHI-- Reliance Industries Ltd., India’s second largest company by market capitalization, said on Friday that its earnings were little changed in its fiscal fourth quarter, as the sliding profit in its refining and upstream oil and gas busine...

Reliance Industries' Q4 net profit boosted by strong show in refining, weak rupee

Apr 19, 2014 at 08:51 | Source: Economic Times

MUMBAI: Reliance Industries reported a 0.8 per cent rise in quarterly net profit as strong performance by the world's largest refining complex at Jamnagar and a weaker rupee propped up earnings of India's biggest exporter. Reliance is optimistic abou...

Refining margins buoy RIL net

Apr 19, 2014 at 08:17 | Source: Calcutta Telegraph News

Mumbai, April 18: Reliance Industries ratcheted up net profit by 4.7 per cent to Rs 21,984 crore for the full year ended March 31 on the back of a stunning 24 per cent jump in gross refining margins in the fourth quarter at $9.3 per barrel. The refi...

Ukraine crisis: Separatists reject diplomatic deal, refuse to disarm

Apr 18, 2014 at 20:59 | Source: FirstPost

Slaviansk/Donetsk, Ukraine: Armed pro-Russian separatists in eastern Ukraine said on Friday that they were not bound by an international deal ordering them to disarm and would not move out of public buildings they have seized until the Kiev governmen...

Reliance Industries Q4 PAT up 2.3% at Rs 5630 crore, in line with estimates

Apr 18, 2014 at 19:06 | Source: Economic Times

NEW DELHI: Mukesh Ambani-led Reliance Industries (RIL) on Friday reported a Profit After tax (PAT) of Rs 5630 crore for the fourth quarter of the financial year ended March 31 versus Rs 5500 crore in Q3. This is an uptick of 2.3% quarter-on-quarter....

Reliance Industries Q4 PAT up 2.3% at Rs 5630 crore, below estimates

Apr 18, 2014 at 18:21 | Source: Economic Times

NEW DELHI: Mukesh Ambani-led Reliance Industries (RIL) on Friday reported a Profit After tax (PAT) of Rs 5630 crore for the fourth quarter of the financial year ended March 31 versus Rs 5500 crore in Q3. This is an uptick of 2.3% quarter-on-quarter....

Reliance Industries Q4 PAT at Rs 5630 crore, up 2.3% QoQ

Apr 18, 2014 at 18:21 | Source: Economic Times

NEW DELHI: Mukesh Ambani-led Reliance Industries ( RIL) on Friday reported a Profit After tax (PAT) of Rs 5630 crore for the fourth quarter of the financial year ended March 31 versus Rs 5500 crore in Q3. This is an uptick of 2.3% quarter-on-quarter...

Earnings Preview: RIL's profit growth may be flat in Q4; but best quarterly show in FY14

Apr 18, 2014 at 17:51 | Source: Economic Times

MUMBAI: Reliance Industries is likely to post flattish net profit for the January-March quarter compared with a year earlier, as an improvement in refining margin will be offset by weaker profitability at its petrochemical business and a drop in non-...

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