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India scrambles to reduce oil bill inflated by sinking rupee

The oil minister is grasping at desperate measures to cut the country's oil costs by nearly $20 billion after the rupee's slide to record lows has left India facing an oil bill potentially 50......

Iran crude exports rise to highest since EU sanctions

Iran's crude oil exports in December leapt to their highest level since European Union sanctions took effect last July, analysts and shipping sources said, as strong Chinese demand and tanker fleet......
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Oil Rises As Saudi King's Death Adds To Market Uncertainty

Oil prices jumped on Friday as news of the death of Saudi Arabia's King Abdullah added to uncertainty in energy markets already facing some of... ...
REFILE-New Saudi king seen holding line on OPEC policy to keep oil output high

9:58am IST (Corrects typo in first paragraph) * King Abdullah died on Friday, brother Salman succeeds * U.S. shale boom has challenged... ...
Oil Drifts Lower Ahead of ECB Meeting, Oil Data -- Update

By Georgi Kantchev LONDON--Oil prices drifted lower on Thursday with markets expecting bearish signals for crude from a meeting by the European... ...
TCS ends RIL's 23-year run as most profitable firm

CHENNAI: After 23 years, India has a new numero uno when it comes to net profit. Information technology major Tata Consultancy Services (TCS)... ...
Brent crude steady around $50, but weak Chinese outlook weighs on market

SINGAPORE: Brent crude oil prices traded around $50 a barrel on Monday, with some support coming from falling US output growth but an expectation... ...

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Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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