ONGC Videsh, the wholly owned subsidiary of Oil & Natural Gas Corpn has made an oil discovery in the recently drilled well, Urraca-IX, in CPO5 block, Llanos Basin, Colombia. Block CPO-5 was awarded to ONGC Videsh in the 2008 bid round of Colombia. ONGC Videsh holds 70% participating interest (PI) in the block along with operatorship, remaining 30% is held by partner Geopark. ONGC Videsh […]
The Indian rupee on Thursday closed at its all-time low of 78.32 (provisional) against the US dollar as strong American currency and persistent foreign fund outflows weighed on investor sentiments. At the interbank foreign exchange market, the local currency opened at 78.26 and fell to a low of 78.38 and finally settled at its all-time low 78.32, unchanged from its previous close. On Wednesday, the […]
Australian share market eked out modest gains on Thursday, 23 June 2022, as investors assessed the risk of a global recession amid a string of rates hikes to stamp out inflation. ASX sectors closed mixed, with strength in financials and technology stocks helped to offset losses in materials and energy stocks At closing bell, the benchmark S&P/ASX200 advanced 19.90 points, or 0.31%, to 6,528.45. The […]
WTI Crude oil futures stayed weak today as market waited for the weekly EIA crude oil inventories data. The commodity currently trades at $105.73 per barrel, down 0.48% on the day though prices are up from their recent lows. MCX Crude oil futures are down 0.51% at Rs 8300 per barrel after testing near Rs 8100 mark in early moves. Asian stocks saw choppy moves […]
The Indian rupee on Thursday closed at its all-time low of 78.32 (provisional) against the US dollar as strong American currency and persistent foreign fund outflows weighed on investor sentiments. At the interbank foreign exchange market, the local currency opened at 78.26 and fell to a low of 78.38 and finally settled at its all-time low 78.32, unchanged from its previous close. On Wednesday, the […]
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