Sensex ends lower; posts biggest weekly gain in six
Indian shares ended lower on Friday, retreating from record highs hit this week as investors booked profits ahead of a long weekend, but indexes still posted their biggest weekly gain in six.
DUBAI Saudi Arabia expects its crude oil supply to be stable at around 10 million barrels per day in the next few months, fully in line with the country's OPEC quota and regardless of possible fluctuations in monthly production, industry sources said.
Riyadh has stressed the importance of focussing on its supply rather than output as supply includes crude delivered to the market - domestically and for export - from the wellhead and from storage.
One Saudi-based source told Reuters production could be lower than supply in March or April.
(Reporting by Rania El Gamal; Editing by Dmitry Zhdannikov and Dale Hudson)
MUMBAI Federal Bank , a mid-sized private sector lender, is targeting a net interest margin of 3.25 percent in the fiscal year that began in April by focusing on growing its books, improving loan recovery and deposit portfolio, its chief executive officer said.