on thursday renewed a waiver for companies to wind down transactions with the dalian unit of a chinese tanker company on which it had imposed sanctions in september for allegedly transporting iranian oil. the waiver, good until feb. , , allows activities and transactions "ordinarily incident and necessary...
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price volatility historically, the price of oil moves in a wide price range from to u.s. dollars per barrel. the capital leverage taking place on derivative markets gives a good explanation of excessive short-term fluctuations of the oil price. two international oil types there are two main types of...
oil price is also weighing on indian rupee. brent crude trades above $ per barrel supported by iran supply concerns, decline in us crude stocks and optimism about us economy. also weighing on rupee is weakness in equity markets amid persisting us-china trade conflict. as per reports, the us president...
( percent vs percent in q ) and the non-oil sector ( percent vs percent) shrank further. across the non-oil sector, output dropped at a faster pace in mining ( percent vs percent), manufacturing ( percent vs percent), finance & insurance ( percent vs percent), real state ( percent vs percent), utilities...