Kitco News - Gold and silver prices are higher in early U. Global Investors. The quotes on this page are relevant for trading precious metals in their pure, standard, exchange-approved, bar form. Fabrication costs for various precious metals products are not included.
Never miss a great news story! Get instant notifications from Economic Times Allow Not now. All rights reserved. For reprint rights: Times Syndication Service. Choose your reason below and click on the Report button. This will alert our moderators to take action.
The market’s favorite megabank is surrounded by a lending crisis
India is trying to leverage its robust middle-east ties for oil imports from countries such as Saudi Arabia, Kuwait and UAE India is seeking terms similar to those of its annual contracts in a bid to avert any sharp rise in its domestic fuel prices. New Delhi: India is trying to leverage its robust ties with West Asian crude oil producers such as Saudi Arabia, Kuwait and the United Arab Emirates UAE to source additional volumes at terms similar to those of its annual contracts in a bid to avert any sharp rise in its domestic oil prices. US secretary of state Mike Pompeo on Monday announced that the Donald Trump administration would no longer grant exemptions to some countries to import Iran oil with the conditional waiver set to expire on 2 May. Crude purchased under the annual contract terms would be more lucrative for India than under spot contracts.
The shale revolution is leading the world to a future of abundant and affordable oil and gas. The technology of liquefying natural gas LNG is increasingly used to ship gas produced in cost-competitive regions to where gas demand is growing but where local gas production is falling. Structural reforms in the power and gas sectors and rising competition from renewables and alternative fuels are reshaping the global LNG industry.