Followers

Tuesday, April 21, 2020

Oil in -ve zone: MCX buyers face Rs 410cr dues

The negative closing for WTI crude on the Nymex on Monday night has caught a large number of Indian buyers of crude oil contracts on the MCX here on the wrong foot. These investors are now together expected to pay about Rs 410 crore to the sellers.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/34SjcqD

No comments:

Post a Comment

Structured tender model for shipbuilding: Govt aims tech transfer, local manufacturing

India is boosting its shipbuilding capabilities by adopting a "structured tender" approach for specialized vessels like gas and oi...