Oil trims gains on dollar strength, tight supplies provide support
Oil prices trimmed earlier gains on Wednesday as the dollar strengthened but continued to find support from a tightening of supplies from Russia and other OPEC members and a drop in US crude stocks, reports Reuters.Brent crude was up 32 cents, or 0.42 per cent, at $77.37 a barrel at...
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Shell warns of weaker 4th quarter LNG, oil trading
LONDON, Jan 8 (Reuters): Shell trimmed its liquefied natural gas production outlook for the fourth quarter on Wednesday and said oil and gas trading results are expected to be significantly lower than in the previous three months. In a trading update ahead of Jan. 30 full-year results, Shell also said...
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Janata Bank holds 834th Board Meeting
The 834th meeting of the board of directors of Janata Bank PLC was held at its head office in the city on Wednesday. Chairman of the bank Md Fazlur Rahman presided over the meeting. The meeting discussed various issues, including recovery of classified loans. Janata Bank Managing Director Md Mazibur...
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India cuts Nov gold imports by record $5b
MUMBAI, Jan 8 (Reuters): India has cut its November gold import estimates by an unprecedented $5 billion, the largest revision for any commodity in history, after errors in preliminary calculations inflated the figure to a record, government data showed on Wednesday.New Delhi said last month its gold imports hit a...
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