Even earlier in the year, the threat of energy security was frightening.
Crude oil up as Opec announces resolve to implement output cuts
Reliance Industries has failed to deliver the second consignment of crude oil
Falling oil prices are leading to welcome relief.
The Sensex gained 1.5 per cent today.
RIL has shut crude oil production from KG-basin after pipe rupture.
crude may sell for as low as 30 dollars in the next three months.
Asian stocks edged up on Tuesday to a one-month high.
Light sweet crude for January was down USD 1.27.
India is likely to cut fuel prices later on Friday.
