Business
OPEC crude price inches up towards $119 mark
Vienna | May 16, 2008 2:38:48 PM IST
The price for crude oil produced by the Organisation of the Petroleum Exporting Countries (OPEC) climbed 18 cents Thursday, OPEC said Friday. One barrel (159 litres) of crude from OPEC's reference basket stood at $118.95 Thursday, compared to $118.78 the previous day. In its latest monthly oil market report, released Thursday, OPEC revised its 2008 demand growth forecast down by 40,000 barrels per day to 1.16 million barrels per day. The 13-member cartel is responsible for about 40 percent of the global crude output. --DPAsnb/jg (104 Words)*16051407NNNN (IANS)
HC directs DLF to remove structures for mall in Egmore Six killed and 50 injured during stampede Lord Jagannath\'s Rath Yatra ends peacefully in Ahmedabad MP violence: Cong state chief speaks to Patil Archaka conference held in Kuppam Rojgar Samachar now available on line RJD decides for Lok Sabha poll alliance with any party including SP
| 
