APN News

  • Sunday, June, 2024| Today's Market | Current Time: 02:53:19
  • Oil dips in Asian trade

    Oil dipped in Asian trade on Wednesday as investors locked in profits from a price rally overnight and on continued concerns over the global economic rebound. New York’s main contract, light sweet crude for September delivery, was down 17 cents to USD 75.60 a barrel in morning trade. Brent North Sea crude for delivery in […]

    Oil settles lower a third day on jobs slump

    NEW YORK – Crude oil prices fell a third straight day on Friday, weighed down by a weak U.S. jobs report that also pulled Wall Street lower. But the dollar’s broad slump and weakness against the euro tempered oil’s losses, and prices managed to settle above $80 a barrel, a higher finish versus a week […]

    Oil pushes above USD 79 as Asian stocks gain

    Oil prices rose above USD 79 a barrel in Asia on Monday as a regional stock market rally gave crude traders optimism, Benchmark crude for September delivery was up 18 cents to USD 79.13 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange.    The contract added 59 cents to […]

    ONGC to invest $4.05 bn on harnessing gas from UD-1

    State-owned Oil and Natural Gas Corp (ONGC) plans to invest USD 4.05 billion in producing natural gas from its ultra deepsea UD-1 discovery in a block that sits next to Reliance Industries’ prolific KG-D6 fields. “We have tentatively planned a capital expenditure of USD 2.31 billion in producing gas from UD-1 discovery in block KG-DWN-98/2 […]