Energy

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Lower oil prices expected to boost Asian demand growth in 2015

SINGAPORE, Dec 19 - Lower oil prices could boost demand in Asia in 2015, with spot interest for diesel, Asia's most widely used fuel, picking up in countries like Vietnam, Philippines and Indonesia, traders and analysts said.

10:06am IST

UPDATE 1-Brent steady below $60, heads for 4th weekly decline as oversupply persists

* Oil firms need to cut 2015 spending by $170 bln -Wood Mackenzie (Adds details)

9:31am IST

China to set up satellite, radar network to strengthen maritime power

BEIJING, Dec 19 - China will set up an offshore observation network, including satellite and radar stations, to strengthen the country's maritime power, the official China Daily reported on Friday, in a move that could exacerbate tensions in the region.

8:25am IST

UPDATE 2-Brazil's Rousseff vows clean-up of scandal-tainted Petrobras

(Recasts throughout with Rousseff speech, call for national anti-corruption pact)

6:51am IST

U.S. crude rises almost 2 percent to above $55

TOKYO, Dec 19 - U.S. crude futures jumped 2 percent in early trading on Thursday to above $55, recouping about half the losses in the previous session when oil fell to near five and a half year lows.

5:43am IST
BSE OIL & GAS +1.16%
BSE BANKEX +1.04%
BSE-IT +1.43%
BSE METALS +1.36%
BSE REALTY +1.22%
BSE AUTO +1.64%
BSE POWER +1.14%
BSE-FMCG +0.21%
BSE-CG +1.56%
BSE-HC +0.83%

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