Tehran has denied ever seeking nuclear weapons.17.”Oil prices stood within 1 of a more than three-year high hit in late April amid concern over the potential disruptions to Iranian crude flows. Analysts said the market is extremely sensitive to any developments on the nuclear deal and sanctions.Brazil’s Petrobras expects oil production to start by the end of June at its Tartaruga Verde e Mestica offshore platform, which would allow the firm to add up to 500,000 barrels per day of new oil output next year, a senior official said.US West Texas Intermediate crude for June delivery was up 24 cents, or 0.26 million bpd in February, the Energy Information Administration said on Monday.Trump has given Britain, France and Germany a May 12 deadline to fix what he views as the deal’s flaws or he will reimpose sanctions.Elsewhere, US crude production jumped 260,000 barrels per day bpd to a record high of 10.81 a barrel.4 per cent, at 68.90.4 per cent, at 68.3 million barrels last week, while gasoline and distillate stockpiles fell, a preliminary Reuters poll showed on Monday ahead of data by the Industry group the American Petroleum Institute later in the day.
The June contract expired on Monday, settling up 53 cents at 75.Trade was quiet in Asia as many markets including China, India and Singapore were closed for public holidays.US crude inventories likely rose by 1.“Global oil markets are roughly in balance now, but if the deal were not renewed, Iranian oil exports could plunge, which would lead to a complete supply shortage,” said Tomomichi Akuta, senior economist at Mitsubishi UFJ Research and Consulting in Tokyo.“If that happened, Brent prices could jump to near 90 a barrel.US West Texas Intermediate China wheel unit bearings Suppliers crude for June delivery was up 24 cents, or 0.81 a barrel by 0402 GMT, after settling up 47 cents on Monday.Oil prices jumped on Monday after Netanyahu stepped up pressure on the United States to pull out of the 2015 nuclear deal with Iran, presenting what he called evidence of a secret Iranian nuclear weapons programme.26 million bpd in February.Oil prices extended gains on Tuesday, supported by comments from Israeli Prime Minister Benjamin Netanyahu that he was sure US President Donald Trump would do “the right thing” in reviewing Iran’s nuclear deal with western powers..London Brent crude for new July delivery was up 21 cents at 74.US crude production jumped 260,000 barrels per day bpd to a record high of 10.

The Mumbai-headquartered company has rapidly grown to become India’s largest retailer with over 10,000 stores selling groceries, consumer electronics and apparel, while its telecom unit, Jio, has become the country’s largest wireless operator in about three years since launch.32 billion rupees, according to Refinitiv data. 31, above the previous quarter’s record and also beating analysts’ average forecast of 114.“We are making very good progress, and there is engagement across teams which is very intense,” Srikanth said of the deal, which would be one of the largest ever foreign investments in India.The company had previously said it would sign a definitive agreement with Aramco by March 2020.“We saw consistent same-store sales growth and record footfall across our stores,” Ambani said in a statement, with the remarks coming when growth in Asia’s third-largest economy has slowed to multi-year lows.5 per cent to 116.Meanwhile, the proposed purchase of 20 per cent in Reliance’s oil-to-chemicals arm by Saudi Aramco will take a “few months” to be finalized, Joint Chief Financial Officer V Srikanth said at a press briefing, adding Reliance wouldn’t comment on a specific timeframe for the deal to close.“The third-quarter results for our energy business reflect the weak global economic environment and volatility in energy markets,” Ambani, the company’s chairman, said.

Indian oil-to-telecoms conglomerate Reliance Industries screw barrel of injection moulding machine Ltd posted another record quarterly profit on Friday, as double-digit growth at its consumer-facing businesses cushioned weakness in its energy divisions.Still, Chief Financial Officer Alok Agarwal said 2020 would be a “better year from a global growth point of view”, which should help boost margins in the refining and petrochemicals units.Revenue at its retail and telecoms units each jumped more than 25 per cent in the December quarter as the company, headed by Asia’s richest man.64 billion) in the three months to Dec.40 billion rupees (USD 1.50 billion rupees, led by subscriber additions of 14.The company had previously said it would sign a definitive agreement with Aramco by March 2020.Profit at Jio surged 62 per cent to 13.The weak performance at the petrochem and refining unit led to a 2..Revenue at its retail and telecoms units each jumped more than 25 per cent in the December quarter as the company, headed by Asia’s richest man, Mukesh Ambani, invests heavily to bring them on par with its dominant petrochemicals and refining businesses.8 million during the reported quarter.

In the following quarter, it paid an additional 6 per cent at USD 4. At USD 58 a barrel rate currently, it would have cost USD 7. At USD 100 per barrel oil price prevalent that year, CBM from RIL&conical twin screw barrels Suppliers39;s Madhya Pradesh block was to cost USD 12.97 per mmBtu, followed by Gujarat State Petroleum Corporation (GPSC) putting in a bid of USD 4.Piramal Glass was the second-highest bidder quoting USD 4.The bidding formula in all the three bid rounds for CBM gas this year has been the same and the process has been conducted by Crisil Risk and Infrastructure Solutions, a unit of Crisil.Output would be ramped up to 2 mmscmd by March 2018 while the peak production of 3 mmscmd would touch in the third quarter of 2018.67 per cent of JCC, or Japan Customs-Cleared Crude, plus USD 0.RIL bid deducting USD 1.GAIL bid for 1.5 mmscmd of coal gas at the benchmarked rate of 12.26 per mmBtu.RIL plans to use the gas at its petrochemical plants in Gujarat and Maharashtra, which run mostly on expensive imported fuel.48 per mmBtu price of the conventional natural gas produced by firms such as ONGC and RIL from the eastern offshore KG-D6 block.93 per mmBtu.RIL started commercial gas production from the CBM blocks in March and the planned output in October is 0.26 per mmBtu, according to the bid document.63 per mmBtu while its subsidiary GAIL Gas sought an equivalent quantity at USD 4..In the current price discovery, RIL sought bids in the form of a deductible from 12.
That formula was, however, rejected by the ministry even though 59 valid bids seeking about 70 mmscmd of gas were received in the open tender.836 per mmBtu and Piramal Glass USD 3.8 mmscmd, according to the bid document.The rate of CBM gas is 150 per cent more than the government mandated USD 2.Reliance Industries has outbid rivals, including state-owned GAIL India, to buy the entire volume of natural gas from its own coal seam blocks until March 2021.11 per mmBtu price, the bid document showed.156.In May, RIL had become the first buyer of gas it produced from its own coal bed methane (CBM) block in Madhya Pradesh after agreeing to pay the highest price of USD 4.8 mmscmd.23 per million British thermal unit (mmBtu) for May-June.RIL started commercial gas production from the CBM blocks in March and the planned output in October is 0.The formula was the same at which Petronet LNG, a joint venture of public oil companies, whose chairman is the oil secretary, used to buy long-term liquefied natural gas (LNG) from Qatar.Its petrochemical plants at Patalganga and Nagothane in Maharashtra and Vadodara and Jamnagar in Gujarat consumed an average of 4 mmscmd of gas during the last three months.RIL has invested about USD 500 million in CBM and laying a 300-km pipeline from Sohagpur to Phulpur in Uttar Pradesh to connect to the national gas grid.50 per mmBtu to take all of the CBM gas from Sohagpur East and Sohagpur West blocks.9. This formula is almost similar to the # one RIL had run in 2012 to discover a price for CBM gas.RIL had become the first buyer of gas it produced from its own coal bed methane (CBM) block in Madhya Pradesh.In the latest bidding for up to 3 million standard cubic metres per day (mmscmd) of gas to be produced during October 2017 and March 2021, RIL quoted USD 6.Back in 2012, it had sought bids for 3.495.Through an April 13 notification, the oil ministry had stated that a CBM producer had to call for open bids for sale of coal gas and seek quotes to discover the market price.3.67 per cent of prevailing Brent crude oil price plus USD 0.26 per mmBtu at the current oil price, according to bid documents. GAIL quoted a deduction of USD 3.52 per mmBtu plus USD 0.5 mmscmd of gas at a price of USD 4.

Today’s parliaments are no longer under threat from below as much as from without and within. He declaimed that “it will not be possible to reconcile these two nations, as they are, for very long”. They loathe Prime Minister Imran Khan as much as they are suspicious of each other. He waged the Second World War to defend his belief in the power of democracy.The attack by the PTI on Pakistan’s Parliament House in August 2014 led in time to a PTI government occupying the same chambers it had disparaged and sought to dismantle. They forget what laws have been passed, what laws need to be passed and which overdue laws require modernisation. His prediction, although 400 years old, could be fulfilled if the fretful Scottish Nationalist Party, post-Brexit, decides to remain part of the European Union, even if that means amputation from the United Kingdom.. It served as a reminder of the fragility of a new political union that brought the Scottish King James VI to the throne of England as King James I, and of the unresolved friction at the time between the Protestants and the dispossessed Roman Catholics. The substance of their now not-so-private tête-a-tête reportedly contained a warning to the hyperactive maulana that any attempt to remove a constitutionally elected government might result, like an inexpertly thrown boomerang, in causing more damage to friend than to foe. It is clear that the present dharna is a multi-legged race, run by opposition parties who do not wish to be seen bound to each other. Presumably it did not smell of cordite. loyal to his friends”. He shared the same table as Winston Churchill and Marshal Josef Stalin — the dictator who ruled the Soviet three-dimensional printer screws Factory Union with bullets as fingers.And violent discontent was shown against the Supreme Court by an incumbent PML-N government, when in 1997 a mob led by the then minister of information attacked our Supreme Court.” Roosevelt knew what he was talking about. “The liberty of a democracy,” US president Franklin D.An unsubstantiated report has revealed that, before Maulana Fazlur Rehman’s dharna reached Islamabad, he had a private meeting with army chief Gen Qamar Bajwa.

This amiability was overtaken by a militant antipathy towards the Scots. They prefer to chew on platitudes and are content to subcontract legislative business to the expediency of presidential ordinances.Today’s parliaments are no longer under threat from below as much as from without and within. Roosevelt once wrote, “is not safe if the people tolerated the growth of private power to a point where it becomes stronger than the democratic state itself. Take, for example, the ham-handed attack in December 2001 on the Indian parliament buildings in New Delhi. Mencken’s uncharitable but arrow-sharp observation that “democracy is a pathetic belief in the collective wisdom of individual ignorance”? Countries larger than ours with the same DNA have undergone periods when their perception of democracy was tested by the compulsions of private ambition. To mark that dangerous non-event, even today the cellars of the British Houses of Parliament are scoured to ensure that there are no explosives secreted underneath. They suffer from a condition known as legislative amnesia. The horse bolted 400 years ago; the stable locks are still rechecked every year.Does our parliament or other insecure, precarious pillars of state deserve the protection they resort to in the last resort? Are sermons and homilies by well-meaning cohorts the panacea to an endemic ailment — our inability to govern ourselves? Or should we reconcile ourselves to H.That report (still undenied) disclosed that a bottle of perfume was given to the maulana by his host.K.The night before Guy Fawkes and his fellow-conspirators planned to detonate the barrels of stored gunpowder, one conspirator betrayed them.Maulana Fazlur Rehman.Remember, remember, the fifth of November!” These lines were more than a chant to be recited on the anniversary of the gunpowder plot of 1605, when Guy Fawkes and his accomplices attempted to blow up Westminster. They have forgotten why they were elected. A beleaguered chief justice had to appeal to the army for protection..Guy Fawkes was described by a contemporary as “pleasant of approach and cheerful of manner, opposed to quarrels and strife . They know from experience that power may come through the barrel of a gun, and for the time being that barrel is pointing in another direction. Those trigger-happy insurgents could have benefited from Guy Fawkes’ more meticulous planning.By arrangement with Dawn.

7 million bpd, a record.53 a barrel.The Islamic Republic exported 1.Iran’s Oil Minister Bijan Zanganeh on Monday called a Saudi claim that the kingdom could replace Iran’s crude exports “nonsense.3 per cent, at $84..US West Texas Intermediate (WTI) China blown film extruders Suppliers crude futures were down by 24 cents, or 0.Last week, Saudi Arabia, the biggest producer among the Organization of the Petroleum Exporting Countries (OPEC), announced plans to lift crude output next month to 10.07 in the previous session but closed just 5 cents lower.

P.Brent crude was up 26 cents, 0.US West Texas Intermediate (WTI) crude futures were down by 24 cents, or 0. WTI fell to as low as $73.“Iranian barrels are declining fast, and Saudi Arabia’s promise to balance will face a reality check in a month’s time,” J.That is down from at least 2.Iran’s crude exports fell further in the first week of October, according to tanker data and an industry source, as buyers are seeking alternatives ahead of the start of the US sanctions on Nov 4 and creating a challenge to other OPEC oil producers as they seek to cover the shortfall.3 per cent, at $84.If current forecasts prove accurate, the hurricane would largely miss major producing assets in the Gulf, analysts said, but any change of track could widen the impact.”“Iran’s oil cannot be replaced by Saudi Arabia nor any other country,” Zanganeh said, according to his ministry’s website.3 per cent, at $74. The figure also marks a further fall from 1. Tokyo: Oil prices rose on Tuesday as more evidence emerged that crude exports from Iran, OPEC’s third-largest producer, are declining in the run-up to the re-imposition of US sanctions and as a hurricane moved across the Gulf of Mexico.Oil companies operating in the Gulf of Mexico shut down 19 per cent of oil production as Hurricane Michael moved toward eastern Gulf states including Florida. Brent crude was up 26 cents, 0.17 a barrel by 0244 GMT.6 million bpd in September.66, but mostly recovered as investors bet China’s economic stimulus would boost crude demand.1 million barrels per day (bpd) of crude in that seven-day period, Refinitiv Eikon data showed.5 million bpd in April, before President Donald Trump in May withdrew the United States from a 2015 nuclear deal with Iran and re-imposed sanctions.74 last week.

The International Monetary Fund on Tuesday cut its global economic growth forecasts for 2018 and 2019, saying that trade policy tensions and rising import tariffs were taking a toll on commerce while emerging markets struggle with tighter financial conditions and capital outflows.Morgan said in an oil market note. An industry source who also tracks exports said October shipments were so far below 1 million bpd.3 per cent, at $74. Brent rose to a four-year high of $86. On Monday, Brent fell to a low of $82.17 a barrel by 0244 GMT.53 a barrel