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Total 479 results found. Search for [ oil refiners ]

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PTI
Mumbai, June 18, 2014
Global crude oil prices rose further and the benchmark crude oil for July delivery added 41 cents to $106.77 on New York Mercantile Exchange as militants, early morning on Wednesday, attacked Iraq's largest oil refinery. As a result, importers, mainly oil refiners, went on a dollar buying spree.


Nidhi Verma
Mumbai, June 17, 2014
Essar Oil was Iran's top Indian oil client in May, followed by Mangalore Refinery and Petrochemical. Indian Oil took one very large crude carrier, or 2 million barrels of Iranian oil last month, after not making any purchase from Tehran since January.


Reuters
June 16, 2014
Sustained demand for the American currency from oil importers, weakness in local equities on the back of rise in wholesale price index-based inflation, weighed down the rupee.


PTI
Mumbai, June 2, 2014
The Indian benchmark S&P BSE Sensex jumped by 467.51 points or 1.93 pct while FIIs infused Rs 2,977.62 crore last Friday, as per provisional data with stock exchanges.


PTI
Mumbai, May 31, 2014
The S&P BSE benchmark Sensex snapped a three-week strong winning spree and dropped 476 points due to profit-booking from operators in view of expiry of the futures and options May contract and ahead of the Reserve Bank of India's policy review meet next week.


PTI
Mumbai, May 26, 2014
\"Rupee was seen approaching the levels of 59.00 today amid weak stock markets which were seen erasing the earlier robust gains posted during the session. Technically, a sustained closing above 58.80 will signal a bullish trend ahead for the USDINR pair,\" said Abhishek Goenka, Founder & CEO, India Forex Advisors.


PTI
Mumbai, May 23, 2014
Sustained capital outflows too weighed on the rupee while strong local equities limited the rupee fall to certain extent, a forex dealer said.


PTI
Mumbai, April 28, 2014
Weakness in local stocks also weighed on the rupee, while continued capital inflows and lower dollar overseas limited the rupee fall to a major extent, a forex dealer said.


PTI
Mumbai, April 26, 2014
The Met Department on Thursday said the monsoon is expected to be below normal in 2014 because of the El Nino effect, arising from the warmer-than-average sea surface temperature in the central and eastern tropical Pacific Ocean.


PTI
Mumbai, April 21, 2014
Forex managers attributed weakness in the rupee value to heavy dollar demand from importers, mainly oil refiners, to meet their month-end requirements. \"There was buying from nationalised banks throughout the day for oil companies. Some short-covering by market participants also led to the fall,\" said Agam Gupta, Managing Director and Head of Fixed Income Trading, Standard Chartered Bank.


PTI
Mumbai, April 16, 2014
Dollar demand from importers, mainly oil refiners, also kept the rupee under pressure. Capital outflows too weighed negatively on the market sentiment while weak dollar overseas restricted the rupee fall to some extent.


PTI
Mumbai, March 27, 2014
The Reserve Bank's suspected intervention in the forex market by way of dollar purchase also weakened the rupee.


Naveen Mathur
March 26, 2014
The US Federal Reserve tapering its bond buying programme and signaling a rise in the federal funds rate also suggests that the US economy is improving. As for economic data, sentiments have been mixed as the US reported favorable data sets whereas the Euro Zone reported mixed data.


Nidhi Verma
New Delhi, March 11, 2014
Government sources told Reuters that the country has to cut its Iranian oil imports by nearly two-thirds from the first quarter after the United States asked it to hold the shipments at end-2013 levels, in keeping with the nuclear deal easing sanctions on Tehran.


PTI
Mumbai, February 28, 2014
Sustained capital inflows and sharp fall in dollar overseas also aided the rupee sentiment, a forex dealer said. Sluggish dollar overseas also boosted the rupee value as the dollar index was down by 0.47 per cent against a basket of six major global rivals.


Anilesh S. Mahajan
February 27, 2014
Cairn India's ambitious exploration project may make its oil block in Barmer the country's biggest in three years. Cairn is already a success story, having drilled 201 wells in Barmer over the last 15 years.


PTI
Mumbai, January 30, 2014
Forex dealers said the US Federal Reserve's move to scale back its stimulus programme put pressure on other currencies overseas.


PTI
Mumbai, January 29, 2014
Weakness in the dollar index, which was down by 0.10 per cent against a basket of major global rivals, also helped the rupee gain after a 59 paise rise on Tuesday when the Reserve Bank of India (RBI) unexpectedly increased the repo rate.


PTI
New Delhi, January 28, 2014
The government has ordered Oil and Natural Gas Corp (ONGC) to pay a near-record Rs 13,764 crore as fuel subsidy for the December quarter, a move that will dent the firm's profitability.


PTI
Mumbai, January 27, 2014
Sustained dollar demand from importers, mainly oil refiners, to meet their month-end requirements amid fresh capital outflows also weighed on the rupee, a forex dealer said.


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