Special: Oil boils over
R. Kalyanaraam
A comprehensive energy, transport and foreign policy would help most India is currently the fourth largest consumer of crude oil after the US, China and Japan. Crude oil consump tion i
Oil price plunge signals high uncertainty over economy: IEA
Oil is riding a ‘big dipper,’ with prices plunging again on uncertainty about debt levels in the West, signs of a slowdown in emerging markets and political paralysis, the IEA said on Wednesday.
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Speculation blamed for high oil price
April 18: India on Monday expressed its concern over the rising crude oil prices, which it claimed threatened global recovery. According to India, Asia’s third-largest oil consumer, speculation in co
Oil rises in Asian trade
Singapore: Oil rose higher in Asian trade on Monday with the New York contract surging past USD 106 in the afternoon, a new two-year high as turmoil in the Middle East continued to unsettle investors,