Morgan Stanley
India | Wednesday, 20 August 2008

Oil Articles

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71. BSE Sensex gains 13 points to end in green
The benchmark index of the Bombay Stock Exchange (BSE), the Sensex, rallied to rise marginally by 0.08 percent, Wednesday, even as record high crude oil prices unnerved market investors.
21 May 2008
72. Annual inflation rate in India edges towards 8 percent; FinMin "concerned"
India's wholesale price index (WPI)-based inflation rate has risen to 7.83 percent in the 12 months to May 3, marginally higher than previous week's annual rise of 7.61 percent, even as India's Finance Minister continues to reassure the people that price rise will moderate in a few weeks.
17 May 2008
73. Bush asks Saudis to increase oil production
President Bush is appealing to oil-rich Saudi Arabia to increase production just as oil prices have hit another record high.
17 May 2008
74. Oil prices steady in Asian trading after record near $124
Oil prices held steady Thursday in Asia after jumping to a record near $124 a barrel as investors captivated by the market's upward momentum seemed to ignore figures showing an increase in U.S. crude and gasoline supplies.
08 May 2008
75. Let's have a hearty laugh over Bush's gaffe
Let's admit it. Bush committed a gaffe when he commented that the growing number of middle class in India triggers increased demand for "better nutrition" which in turn leads to higher food prices.
07 May 2008
76. Bush blames India for rise in food prices, receives flak
US President George W. Bush has come under heavy criticism for his undiplomatic remarks, viz. blaming India for the spiraling global food prices.
07 May 2008
77. Chevron's 1Q profit of $5.17 billion marks Big Oil's latest gusher
Astounding profits in the oil industry are becoming as routine as the anguished looks of motorists filling up their gas tanks.
04 May 2008
78. Strike in Scotland closes major North Sea oil pipeline
Hundreds of workers at Scotland's only oil refinery on Sunday began a 48-hour strike that has forced BP PLC to shut a pipeline system that delivers almost a third of Britain's North Sea oil.
27 Apr 2008
79. Reliance Industries declares Q4 results, net profit up 24 percent
India's top listed Reliance Industries Ltd (RIL) posted strong fiscal results, saying its quarterly profit rose by nearly 25 percent and forecast high future earnings on natural gas sales.
22 Apr 2008
80. Brazil oil field could be huge find
A deep-water exploration area could contain as much as 33 billion barrels of oil, an amount that would nearly triple Brazil's reserves and make the offshore bloc the world's third-largest known oil reserve, a top oil official said Monday.
16 Apr 2008
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