Market Pulse
Sensex losers, gainers this week
It was a tough week for Indian shares as the BSE Sensex fell nearly 3 percent and the Nifty lost 3.3 percent as U.S. Fed chief Bernanke’s suggestion that stimulus measures may be scaled back at one of their next few meetings dented sentiment. Here's a look at the top Sensex losers and gainers. Full Article
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Revenge of Markets
For months, markets have been dancing to central bankers' tune, but that may now be changing, writes James Saft. Full Article
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UPDATE 2-Fire extinguished at BP Whiting refinery
HOUSTON, June 21 (Reuters) - BP Plc's Whiting, Indiana, refinery was operating at normal level following a morning fire in a sulfur plant, a company spokesman said
The fire at the 405,000 barrel-per-day (bpd) plant was extinguished about an hour after it broke out, but cash diesel prices in the Chicago region jumped 4 cents on the news.
Two workers were taken to a Chicago hospital following the fire for observation, said BP spokesman Scott Dean.
Whiting's 75,000 bpd crude distillation unit was shut earlier this month for repairs, driving up product prices in the Chicago area and weakening values for Canadian crude that feed the plant.
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