Petroleum | Petroleum News | Petroleum Photos

Web Sify

Sify.com » Topics » Petroleum

Petroleum News

(Following Advance for Use Friday, June 8)
Today is Friday, June 8, the 160th day of 2012. There are 206 days left in the year.Today's Highlight in History:On June 8, 1972, during the Vietnam War, a South Vietnamese Air Force jet dropped napalm onto the village of Trang Bang. Associated Press photographer Nick Ut (oot) captured the image of a screaming 9-year-old girl, Phan Thi Kim Phuc (fahn thee kihm fook), as she ran naked and severely burned

UAE expects growth to slow to 3 percent this year

The United Arab Emirates' economic growth is likely to slow to about 3 percent this year as it feels the effects of a sputtering global recovery, the Gulf federation's top economic official said

more

Brent crude falls to 16-month low on bleak data

Brent crude extended losses to hit a 16-month low below $96 a barrel on Monday, as weak U.S. and Chinese economic data fanned renewed fears of a global economic slowdown, which would hit oil demand.

more

BSE Sensex recovers on rate cut hopes, valuations

The BSE Sensex and Nifty recovered on Monday after earlier hitting their lowest intraday levels since early January, as hopes for interest rate cuts sparked gains in banks, while bargain-hunting

more

Indian shares recover on rate cut hopes, valuations
* Indian shares recover on rate cut hopes

more

UAE expects growth to slow to 3 percent this year
The United Arab Emirates' economy is likely to slow to about 3 percent this year amid a drop in oil prices, the Gulf federation's top economic official said Monday.

more

Petroleum Galleries