Rosneft, Reliance agree biggest ever India-Russia oil supply deal

NEW DELHI/MOSCOW, Dec 12 (Reuters): Russia's state oil firm Rosneft has agreed to supply nearly 500,000 barrels per day (bpd) of crude to Indian private refiner Reliance in the biggest ever energy deal between the two countries, three sources familiar with the deal said.The 10-year agreement amounts to 0.5 per...

Read more

Sonali Bank holds workshop on GRS Software

Sonali Bank PLC organised a training workshop on 'Grievance Redress System (GRS)’ using its software at the head office IT lab on Thursday. Deputy General Manager Md. Khairul Aalm presided over the workshop while Md. Shafi Ullah, Senior Assistant Secretary of Financial Institutions Division, Ministry of Finance, was present as...

Read more

Oil little changed as IEA surplus forecast offsets rate cut optimism

LONDON, Dec 12 (Reuters): Oil prices were little changed on Thursday as a forecast for ample supply in the oil market offset optimism stemming from rising expectations of a U.S. interest rate cut.Brent crude futures were down 8 cents at $73.44 a barrel at 1303 GMT. U.S. West Texas Intermediate...

Read more

Gold edges down _

Gold prices edged down on Thursday, but held near a five-week peak, as risk appetite increased ahead of a European Central Bank monetary policy decision and investors awaited US PPI data for signals on the Federal Reserve's interest rate outlook, reports Reuters.Spot gold fell 0.3 per cent to $2,709.89 per...

Read more