Friday, June 9, 2023
  • Submit news
  • Contact
  • DMCA
  • Cookie Privacy
  • Privacy Policy
  • Terms of Use
Oil Market News
  • Home
  • Marketdaily
  • Price
  • crudenow
  • Companies
  • politics
  • Gas
  • investing
  • Stock
  • OPEChot
  • brend
  • ships
Oil Market News
Home brend

TASI almost flat with investors monitoring oil prices: Opening bell

1 year ago
in brend
TASI almost flat with investors monitoring oil prices: Opening bell
Share on FacebookShare on Twitter


India In-Focus — Shares drop; Sri Lanka to get $55m credit line from India for fertilizers; Social media rules to protect constitutional rights

Latest Oil News

Saudi Arabia’s economy expands 8.7% in 2022 on oil sector boost

Saudi Arabia’s economy expands 8.7% in 2022 on oil sector boost

February 1, 2023
US oil sector sees chance to overhaul permitting – Argus Media

Activists board Shell FPSO on route to N Sea: Update – Argus Media

January 31, 2023
Naphtha crack rises as Brent falls

Naphtha crack rises as Brent falls

January 30, 2023
Fuel prices to increase by 7%-13% from February 1, 2023 – IES

Fuel prices to increase by 7%-13% from February 1, 2023 – IES

January 29, 2023

MUMBAI: Indian shares dropped early on Tuesday as domestic investors awaited a central bank interest rate decision, while global investors were nervous ahead of US inflation data and key rate decisions in Europe and Australia.

The NSE Nifty 50 index was down 0.73 percent at 16,447.05, as of 0355 GMT, while the S&P BSE Sensex fell 0.74 percent to 55,258.58.

Indian stock markets have seen volatile moves in the past week as worries build over stubbornly high inflation, with the Reserve Bank of India expected to follow up its unscheduled rate hike in May with another move at the policy meeting on Wednesday.

Sri Lanka to get $55 million credit line

Sri Lanka’s cabinet has approved a $55-million credit line from India’s Exim Bank for the crisis-stricken Indian Ocean nation to buy fertilizers, a cabinet spokesman said on Tuesday.

The country of 22 million is suffering its worst economic crisis in seven decades, battling a shortage of foreign exchange that has stalled imports of essential items such as fuel, medicine and fertilizers.

India says new social media laws in response to rights violations

India on Monday reissued new rules on social media companies that it proposed then abruptly withdrew last week, making no changes but explaining that the law was needed because the companies had violated Indians’ constitutional rights.

The country last week released a draft of changes to its IT law that would require companies to “respect the rights accorded to the citizens under the constitution of India” and set up a government panel to hear appeals of the companies’ content moderation decisions.

The government released the draft again on Monday without changes and solicited public comments within 30 days. But New Delhi for the first time explained its reasoning.

“A number of (technology) Intermediaries have acted in violation of constitutional rights of Indian citizens,” the government said, without naming any company or specific rights.

Prime Minister Narendra Modi’s government has had strained relations with many big tech companies, and New Delhi has been tightening regulation of firms such as Facebook, YouTube and Twitter.

India Potash’s rouble-rupee payment deal stumbles in Russian bank

Russia’s Sberbank has yet to process the first payment from Indian Potash Ltd. under a deal set up before the Ukraine war to enable IPL to pay for Belarusian potash using rupees rather than dollars, according to a letter seen by Reuters and two sources familiar with the issue.

IPL set up a rupee account with Sberbank’s New Delhi branch in early February at the request of Belarusian Potash Co., as Belarus faced steadily tougher US sanctions since a 2020 election Washington called fraudulent. 

IPL made its first payment of 1.77 billion Indian rupees ($23 million) to the Sberbank branch in India after setting up an account, according to an IPL letter addressed to the chief executive of Sberbank in India, Ivan Nosov, and seen by Reuters.

The letter, dated May 23, said only a “negligible” amount of rupees had been converted to roubles to pay BPC and said IPL could not wait indefinitely for the transaction to be processed.

It said that, if the bank confirmed it could not complete the transaction, “we are afraid, we will call back our funds.”

IPL said in the letter it wanted a response from the Russian bank within two days of the letter being sent.

“But Sberbank has not yet responded,” one of the sources, speaking to Reuters on condition of anonymity, said on Monday.

(With input from Reuters)



www.arabnews.com

Tags: AbhaAl-AhsaAl-KharjAlMadinahAsirBellDammamEasternflatgulf newsHailHajj،عرب نيوزinvestorsislamJeddahjobsjobs in SaudiJubailKhalij timesKing AbdullahMakkahMeccaMedinaMonitoringoilOpeningpricesQatifRiyadhsaudi gazettesportsTabukTaifTASIumrahwork in saudi arabiaYanbu
Previous Post

An Unnecessary Hit to a Vulnerable Economy

Next Post

Oil settles shy of $120 a barrel on OPEC+ deal, Saudi pricing

Related Posts

Saudi Arabia’s economy expands 8.7% in 2022 on oil sector boost

Saudi Arabia’s economy expands 8.7% in 2022 on oil sector boost

by Oil Market News
February 1, 2023
0

Saudi Arabia’s economy grew by 8.7 per cent in 2022, boosted by a sharp increase in the kingdom’s oil and...

US oil sector sees chance to overhaul permitting – Argus Media

Activists board Shell FPSO on route to N Sea: Update – Argus Media

by Oil Market News
January 31, 2023
0

Activists board Shell FPSO on route to N Sea: Update Argus Media news.google.com

Naphtha crack rises as Brent falls

Naphtha crack rises as Brent falls

by Oil Market News
January 30, 2023
0

Asia’s naphtha refining profit margin rose on Monday after two straight sessions of losses amid weakness in crude oil prices....

Fuel prices to increase by 7%-13% from February 1, 2023 – IES

Fuel prices to increase by 7%-13% from February 1, 2023 – IES

by Oil Market News
January 29, 2023
0

The Institute for Energy Security (IES) is predicting between 7% and 13% jump in the prices of petrol, diesel and...

ExxonMobil Likely to Report Surge in Q4 Earnings

ExxonMobil Likely to Report Surge in Q4 Earnings

by Oil Market News
January 28, 2023
0

ExxonMobil's Key Stats    Q4 2022 (est)  Q4 2021  Q4 2020  Adjusted EPS  $3.27  $2.06  $0.03  Revenue  $111B  $85B  $46.5B...

Trinity To Spud Jacobin Well In Second Quarter Of 2023

Trinity To Spud Jacobin Well In Second Quarter Of 2023

by Oil Market News
January 27, 2023
0

Trinidad and Tobago-focused Trinity Exploration & Production has secured all the permits and approvals to drill the deep Jacobin prospect...

Next Post
Oil settles shy of $120 a barrel on OPEC+ deal, Saudi pricing

Oil settles shy of $120 a barrel on OPEC+ deal, Saudi pricing

Subscribe
Notify of
guest
guest
0 Comments
Inline Feedbacks
View all comments

Trend Oil News

Crude Oil Shielded From Bond and Stock Market Rout

UK’s largest oil and gas producer warns against tougher windfall tax | Energy

7 months ago
Is Marathon Oil Stock A Buy As Oil Prices Drop? (NYSE:MRO)

Is Marathon Oil Stock A Buy As Oil Prices Drop? (NYSE:MRO)

11 months ago
Oil Tanker Cargo Ships Sales Market Opportunities, Analysis And Forecast 2021 to 2028

Oil & Gas Pipeline Sales Market expected to reach USD 11.93 Billion by 2029 Company

1 year ago
Live news: Hong Kong posts record high Covid-19 cases as pressure mounts on

Live news: Hong Kong posts record high Covid-19 cases as pressure mounts on

1 year ago
Halliburton introduces Hedron fixed cutter PDC bits

Halliburton introduces Hedron fixed cutter PDC bits

11 months ago
ADVERTISEMENT
UK set to introduce floor for oil and gas windfall tax

UK set to introduce floor for oil and gas windfall tax

June 9, 2023

Canadian refiner Irving Oil explores options including sale

June 8, 2023

UK watchdog bans Shell, Repsol and Petronas greenwashing ads

June 7, 2023

Opec+ is not on board with Saudi’s ‘whatever it takes’ message

June 6, 2023

Saudi Arabia seeks to boost oil price with output cut of 1mn barrels a day

June 5, 2023

Opec bans prominent media groups from Vienna meeting

June 4, 2023

Crude Oil

4 Days from Deadline, EU Fails To Agree On Russian Oil Products Price Cap

4 Days from Deadline, EU Fails To Agree On Russian Oil Products Price Cap

February 1, 2023
Oil rises after U.S. fuel stocks draw down; economic concerns loom

Oil prices settle steady on higher U.S. demand, weaker dollar

January 31, 2023
S&P 500 Down 1%; Crude Oil Drops Over 2%

S&P 500 Down 1%; Crude Oil Drops Over 2%

January 30, 2023
Russia Can’t Replace the Energy Market Putin Broke

Russia Can’t Replace the Energy Market Putin Broke

January 29, 2023

Investing

Orbital Sidekick Raises $10M Investment to Monitor Oil and Gas Industry from Space 

Orbital Sidekick Raises $10M Investment to Monitor Oil and Gas Industry from Space 

February 1, 2023
Crude Oil Shielded From Bond and Stock Market Rout

Clean-energy investing poised to top money backing oil and gas after hitting a record

January 31, 2023
Crude Oil Shielded From Bond and Stock Market Rout

The Cushing® MLP & Infrastructure Total Return Fund Announces Fund Name Change

January 30, 2023
Boeing’s 747, the original jumbo jet, prepares for final send-off By Reuters

Boeing’s 747, the original jumbo jet, prepares for final send-off By Reuters

January 29, 2023

Market

UK set to introduce floor for oil and gas windfall tax

UK set to introduce floor for oil and gas windfall tax

June 9, 2023
Canadian refiner Irving Oil explores options including sale

Canadian refiner Irving Oil explores options including sale

June 8, 2023
UK watchdog bans Shell, Repsol and Petronas greenwashing ads

UK watchdog bans Shell, Repsol and Petronas greenwashing ads

June 7, 2023
Opec+ is not on board with Saudi’s ‘whatever it takes’ message

Opec+ is not on board with Saudi’s ‘whatever it takes’ message

June 6, 2023

OPEC

US Close- Fed signals more hikes coming, Powell says disinflation process begun, ADP

US Close- Fed signals more hikes coming, Powell says disinflation process begun, ADP

February 1, 2023
‘OPEC does not control the price’: OPEC President | OPEC News

‘OPEC does not control the price’: OPEC President | OPEC News

January 31, 2023
OPEC+ Closely Watches Chinese Factory Data

OPEC+ Closely Watches Chinese Factory Data

January 30, 2023
Week Ahead: FOMC, BOE, ECB, OPEC, NFP and Big Tech Earnings

Week Ahead: FOMC, BOE, ECB, OPEC, NFP and Big Tech Earnings

January 29, 2023
  • Submit news
  • Contact
  • DMCA
  • Cookie Privacy
  • Privacy Policy
  • Terms of Use

© 2022 OilMarket.News

No Result
View All Result
  • Home
  • Market
  • Price
  • crude
  • Companies
  • politics
  • Gas
  • investing
  • Stock
  • OPEC
  • brend
  • ships

© 2022 OilMarket.News

wpDiscuz
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.