The OPEC+ decision to extend production cuts should be sufficient to draw down OECD inventories China conical twin screw barrels Suppliers through the end of the year, but these cuts will need to be extended through 2020 just to keep the oil market near balance.10 a barrel by 0505 GMT.Still, the longer-term outlook for oil has grown increasingly bearish.The IEA may cut further if the global economy and especially China shows further weakness, Fatih Birol told Reuters.13 per barrel.The United States said on Thursday that a US Navy ship had “destroyed” an Iranian drone in the Strait of Hormuz after the aircraft threatened the vessel, but Iran said it had no information about losing a drone.6 per cent lower in the previous session, and were headed for a weekly decline of more than 6 per cent.West Texas Intermediate crude futures rose 83 cents, or 1.9 per cent, at USD 63.The International Energy Agency (IEA) is reducing its 2019 oil demand growth forecast to 1.

We do believe that oil market fundamentals are at an inflection point.2 million bpd previously due to a slowing global economy amid a US-China trade spat, its executive director said on Thursday.5 per cent, at USD 56.Brent crude futures were up USD 1.1 million barrels per day (bpd) from 1..“The Fed backstop and the report of the US Navy shooting down an Iranian drone are providing a modicum of support for oil markets amidst a very bearish landscape,” he said.Also on Thursday, two influential Federal Reserve officials sharpened the public case for acting to support the US economy, reviving bets the central bank may deliver a double-barreled interest rate cut this month. Tokyo/Singapore: Oil prices rose nearly 2 per cent on Friday as tensions brewed again in the Middle East after a US Navy ship destroyed an Iranian drone in the Strait of Hormuz, a major chokepoint for global crude flows.Indications that the US Federal Reserve will cut rates aggressively to support the economy were also behind Friday’s gains, said Stephen Innes, managing partner at Vanguard Markets. Non-OPEC supply will grow by over 2 million bpd in 2020, while demand growth is weak,” said Jason Gammel, analyst at Jefferies. Brent fell 2.9 per cent, at USD 63.Benchmark crude prices were still on track for their biggest weekly decline in seven weeks, having fallen sharply earlier in the week on hopes for easing Middle East tensions as well as demand concerns and a dwindling storm impact.US offshore oil and gas production has continued to return to service since Hurricane Barry passed through the Gulf of Mexico last week, triggering platform evacuations and output cuts. They ended 2.7 per cent on Thursday, falling for a fourth straight session, and was set for a weekly drop of more than 5 per cent.Brent crude futures were up USD 1.”Speculators have exited options positions that could have provided exposure to higher prices in the next several years, market participants said on Thursday.10 a barrel by 0505 GMT.17, or 1. Benchmark crude prices were still on track for their biggest weekly decline in seven weeks, having fallen sharply earlier in the week on hopes for easing Middle East tensions as well as demand concerns and a dwindling storm impact.17, or 1

India is the third largest importer of crude oil and rising international crude oil prices are inflating domestic transport fuel rates in a strong demand environment.67 per litre and comes for Rs 78. In Chennai, petrol is priced at Rs 86. It had imported 18..3 a litre – the most in any month since the daily price revision was introduced in mid-June last year.95 per litre.An important factor guiding the decision was also Asian Premium climbing to as high as $3-5 per barrel in last 3-4 months, he said.Retail rates are arrived at after adding excise duty, which is charged by the central government, commission paid to petrol pumps dealers and VAT, charged by the state governments.Singh, however, did not say when the move will kick in saying these are ongoing discussions.08 in Mumbai.52 per litre.63 per litre and diesel comes for Rs 75. While petrol in Delhi costs Rs 82.9 billion on import of 94.58 a litre and diesel by Rs 5.4 billion.04 per litre.34 per litre. Mumbai has the highest sales tax or VAT.58 per litre, at HPCL’s stations for Rs 78.In Mumbai, petrol now costs Rs 90.02 in Delhi and Rs 78.67 per litre at BPCL pumps.1 million tonnes in the same period last year. During April-August, it has spent $48.India is 81 per cent dependent on imports to meet its oil needs. “This decision would in no way be allowed to impact supplies of petroleum products in the domestic market. “One thing is very clear that we do not want petroleum product supplies in the domestic market to be impacted in any way,” he said.“We had a meeting last to last Saturday (September 15) to deliberate on a host of issues facing the industry and in that meeting, one of the options that was considered was to reduce imports by cutting down on inventory levels,” Singh said.Singh said the high oil prices will in long term impact demand and so reducing imports makes sense. They are looking at reducing these so that monthly imports of crude oil can be reduced, he said. The same for diesel is Rs 45.Petrol prices were hiked by 11 paise per litre and diesel by 5 paise, according to price notification of state-owned oil firms on Monday.72 per litre, it costs Rs 90.Since mid-August, petrol has risen by Rs 5.6 million tonnes of crude oil in August for $9.Since mid-August, the petrol price has risen by Rs 5. India is 81 per cent dependent on imports to meet its oil needs. Diesel is priced at Rs 74.“Reducing inventory levels and imports are being considered as temporary measures without impacting fuel supply in the domestic market,” he said.India imported 18. New Delhi: India, the world’s third-biggest oil importer, is considering cutting oil purchases to soften the blow from high crude oil prices and declining rupee, Indian Oil Corp (IOC) chairman Sanjiv Singh said on Monday. Refiners maintain 7-8 days of inventory in tankages besides carrying stocks in pipelines as well as ships in transit.14 at Bharat Petroleum Corp (BPCL) stations.8 billion.08 per litre and diesel at Rs 78.58 in Mumbai.17 per litre at Hindustan Petroleum Corp (HPCL) outlets and Rs 90.Petrol in Kolkata costs Rs 84.9 million ton­nes of crude compared to $31 billion on the import of 89.Diesel at IOC’s outlets in Mumbai costs Rs 78.Delhi has the cheapest fuel rates among all metros and most state capitals because of lower taxes.3 a litre.Petrol on Monday crossed the Rs 90-mark in Mumbai as rates across the country touched a new high. Our commitment to meet domestic supplies remains supreme,” the IOC chairman said.Asian Premium is extra charge being collected by oil-cartel Opec (Organization of the Petroleum Exporting Countries) members from Asian countries when selling oil in comparison to western countries. Brent, the benchmark for half of world’s oil, climbed to $80 per barrel from $71 in the last five granulation screw barrels Manufacturers weeks, and the Indian rupee lost ground against the dollar by 5-6 per cent during the same period, resulting in expensive crude imports.08 per litre at IOC outlets while it is priced at Rs 90.1 million tonnes of crude in the same period of 2017 for $6.

State refiners are looking at optimising crude oil inventory levels without in any way affecting fuel supplies in the domestic market, he said.66 per litre and that on diesel is Rs 2.Dealer’s commission on petrol currently is Rs 3.58 a litre and diesel by Rs 5.According to oil companies, refinery gate price of petrol, without considering any central or state tax and dealer’s commission, is Rs 42.35 per litre

The interior, on the flipside, trades in excitement for premiumness.The steering wheel, on what we assume is the top-of-the-line variant, gets all sorts of controls, from multimedia to hands-free telephony and maybe even cruise control.Mahindra India has finally revealed the launch date of its upcoming MPV, the Marazzo.The crescent-like tail lamps too are inspired by the tail of a shark, most probably a tiger shark. Mahindra is offering captain seats for the second row on the 7-seater variant.Shark!The shark (which subspecies exactly is unknown, the grey reef shark is used in the promos) has been an inspiration for almost everything about the Marazzo, just like the cheetah was for the XUV500. The dashboard, which has been fully revealed, is conservative in its design, but with premium elements like the piano-black insert on the dash, dull silver highlights on the lower part of the dash, a touchscreen infotainment system (which seems a bit small) and a simple climate control module.Alternatively, the long multi-directional vents can be used to ‘diffuse’ air into the cabin for a comfortable temperature on longer journeys. The Marazzo is a result of over 4 years of R&D and over 1000 man hours spent at its facilities in USA and in Chennai, with design collaboration from subsidiary Pininfarina. The dials are separated by a large TFT display which could have multiple windows to show different data. Designed to mimic the spine of a shark, the roof-mounted unit features vents on both sides. Mahindra India has finally revealed the launch date of its upcoming MPV, the Marazzo. This could be an improved version of the company’s mHawk engine lineup, with the Marazzo being powered by a 1. One of the other two will be launched before Diwali and the other later in the year.The shark-fin antenna is quite a common feature on many modern cars, but it fits the theme here.On the other hand, the 8-seater variant gets bench seats for both the second and third rows. Even the name means shark in the Basque language.‘Surround-cool’ rear A/CThe Marazzo will get a unique rear A/C unit.5-litre unit.7-seater and 8-seater configurationsThe Mahindra Marazzo can be had with either of the two seating configurations, all with front-facing seats.

Mahindra India has finally revealed the launch date of its upcoming MPV, the Marazzo.A new engine‘Virtually’ at least, according to Mahindra.The Marazzo is expected to feature different driving modes (you can see the Eco mode display above the TFT screen), automatic start/stop (or Micro Hybrid tech as Mahindra calls it) and maybe even AWD! Also seen are warning lights for traction control (ESP) which could be switched off too. Mahindra promises that the Marazzo will mark a new era for Mahindra, with improved space, comfort and build quality at a competitive price.Leatherette seatsWhile it is not confirmed if all variants of the Marazzo will feature them, it will get premium feeling leatherette seat covers.com.Mahindra&conical twin screw barrels Suppliers39;s signature tooth grille is inspired by a shark on the Marazzo, maybe from a great white.Four AC vents can be used to direct the blast of cold air towards passengers for quicker cooling.Twin-barrel headlampsAll variants of the Marazzo will get twin-barrel headlamps, with the more premium ones featuring projector units, static bending lights and a diffused LED eyebrow.Source: ZigWheels. While detailed specifications are awaited, Mahindra has revealed that the engine gains from NVH reducing measures such as low weight cam cover, intake manifold and cylinder head, a dual-mass flywheel, improved sound-proofing and vibration reducing # scissor gears. The new  Mahindra’s pricing will be revealed on 3 September 2018 at the company’s manufacturing facility in Nashik.LED DRLs are part of the fog lamp cluster. These new products are expected to give the lineup a big boost, with improved quality, new-age design and new powertrains.An all-new platformThe Mahindra Marazzo is the first of three all-new platforms (one MUV and two SUVs) that Mahindra is launching this year. Some of these features may be only available in export markets, but let’s hope they are offered in India too.DashboardThough we have not seen the entire exterior of the car, it seems like the Marazzo MUV will look exciting from the outside.Instrument clusterThe instrument cluster adds a bit of colour to the cabin, with the analogue dials getting purple surrounds

20 in late afternoon deals before ending at 65.36 yesterday and struggled for a firm direction.12 per cent.It briefly touched a low of 65.28 a dollar amid persistent selling of the greenback by banks and exporters.75 paise from 130-132 paise and the far forward September 2018 contract also declined to 267-269 paise from 270-272 paise.The benchmark six-month premium payable in March edged down to 129-131 paise from 130.28 a dollar amid persistent selling of the greenback by banks and exporters. (Photo: PTI).2652 and for the euro at 76.The dollar index, which measures the greenback&China screw barrel of injection moulding machines Suppliers39;s value against a basket of six major currencies, was trading weak at 93.02.Brent crude, the international price benchmark, was up 32 cents at USD 56.The flagship Sensex jumped over 77 points to end at 31,924.16 in early trade.75 on Monday.

In cross-currency trades, the rupee recovered modestly against the pound sterling to end at 86.But, amid all this growing expectations of a December Fed rate hike were intact, capping the rupee's sharp appreciation.In forward market today, premium for dollar declined owing to mild receiving from exporters.On the international energy front, crude prices surged ahead Oil rose to around USD 56 a barrel on Tuesday, supported by Saudi Arabian export cuts in November and comments from OPEC and trading companies that the market is rebalancing after years of oversupply. # RBI, meanwhile, f

ixed the reference rate for the dollar at 65. The US crude gained 29 cents to USD 49.07 from 86.35 compared to 65. Mumbai: Extending its recovery for the second straight session, the rupee on Tuesday strengthened by another 8 paise to 65.On Monday, the domestic unit ended marginally up by 2 paise against the American currency.8302. Moreover, continued unwinding of long-dollar positions created by speculative traders ahead of the FOMC minutes release on Wednesday also played a key role.36 during the trade.The euro vaulted to one-week high after Germany's trade data blew past expectations, boosting hopes the eurozone economy's outlook remained robust amid political concerns -- notably Spain's Catalan crisis.05 per 100 yens from 58.The RBI, meanwhile, fixed the reference rate for the dollar at 65.89 from 76.On the global front, the dollar remained broadly lower against other major counterparts as worsening geopolitical concerns continued to dampen sentiment, overshadowing hopes for an upcoming rate hike by the Federal Reserve even as investors remained cautious following reports that North Korea was preparing a long-range missile test.2652 and for the euro at 76.11 per pound, but drifted further against the Japanese yen to settle at 58.11 a barrel in early Asian trade.

Meanwhile, domestic equities extended a winning streak for the third straight day on select buying on expectations of robust second-quarter earnings season which gets underway this week.Elsewhere, the pound strengthened against the dollar for the second successive day in the wake of data suggesting a more buoyant UK economy and room for the Bank of England to increase interest rates later this year.At the Interbank Foreign Exchange market, the local currency resumed little changed with positive bias at 65.87.Rupee is trading at 65..However, overcoming the initial listlessness, the home currency surged ahead to hit a fresh intra-day high of 65.Most Asian and emerging market currencies benefited from the USD selling amid renewed geopolitical tensions.

Firming local equities coupled with bearish dollar sentiment overseas largely supported the forex market upmove.75-132.28, showing a gain of 8 paise, 0.8302.The local unit also showed continued weakness against the euro to finish at 76.41, while Nifty reclaimed the psychological 10,000 mark with a 28 points gain

Vyas acknowledged the contribution of officials in making all wards within its limits ODF. NDMC commissioner M. He said campaign was being launched by all zonal deputy commissioners to ensure usage of the newly built toilets. She said that the corporation has arranged adequate number of community and public toilets as per the yardstick of ‘Swachh Bharat Mission’. Commending the mascots of ‘Swachhta Roko Toko’, he said ‘Roko Toko Seeti Bajao’ drive will be continued. Vyas acknowledged the contribution of officials in making all wards within its limits ODF. There are adequate public urinals in the areas under the NDMC’s jurisdiction. In addition, from time-to-time as per fresh requirement, the NDMC will construct new toilets,” said Ms Agarwal.

NDMC commissioner M.Claiming that keeping the toilets clean their maintenance is a recurring process, he asked the citizens not to urinate in public places and defecate in the open.According to Ms Agarwal, there are 314 community toilet complexes (CTCs), with 3,508 seats for men and 3,232 seats for women.According to Ms Agarwal, there are 314 community toilet complexes (CTCs), with 3,508 seats for men and 3,232 seats for women.“Directions have been issued to all public and private agencies to allow the general public to use the toilets in their premises.

(Photo: AP/Representational image)) injection molding screw head and rings Suppliers NEW DELHI: North Delhi Municipal Corporation (NDMC) mayor Preety Agarwal on Monday announced 104 wards in its jurisdiction Open Defecation Free (ODF). Besides, there are total 2,063 seats of men and 3,256 seats for women available in public toilets, including the ones at petrol pumps, restaurants, metro stations and Delhi Development Authority (DDA) markets falling in the areas under the jurisdiction of the NDMC. “We have built new toilets and taken up mass movements for stopping open defecation,” he added