Daily Masala

Here is what others are talking about today:

Asia stocks skid as crude fails to sustain bounce

Asian shares and the dollar surrendered their gains on as recently volatile crude oil prices seesawed lower, although European shares were still expected to mark opening gains.

Oil prices dip again as oversupply weighs on market

Oil prices dipped, erasing modest early gains as analysts said a persistent global surplus of crude would keep pressuring the market.

Gold keeps near 1-1/2-week top as safe-haven draw remains intact

Gold stayed near a 1-1/2-week high in Asia, its safe-haven appeal apparently intact amid investor caution that a recovery in equities and oil prices could be fleeting.

Forget Modi, Someone Else Is Running India’s Show

 As India’s politicians bicker, its Supreme Court judges are taking the lead in shaping policy.

World’s Biggest LNG Project Is Starting in the Worst Market in Years

After years of delays, cost overruns and labor unrest, Chevron Corp.’s Gorgon project, one of the world’s most expensive liquefied natural gas ventures, faces another challenge: the weakest energy prices in more than a decade.

Indian Oil to pump in ₹21,000 cr to meet BS VI standards

The three public sector oil refiners will have to invest ₹30,000-35,000 crore over the next four years to produce auto fuels that will comply with BS VI emission norms.

India ‘under pressure’ from Iran to complete Chabahar Port project

With the lifting of trade sanctions, India has come “under pressure” from Iran to complete the Chabahar Port project. Meanwhile, both sides have also arrived at a deadline to complete the talks on LNG terminal.

 

 

 

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