Asia is set to import the highest volumes of crude oil in September since February this year, when the Iran war started, crippled supply from the Middle East, and forced buyers in Asia to slash purchases. Asia is expected to import 23.96 million barrels per day (bpd) of crude oil this month, per data compiled by Kpler and cited by Reuters’ Asia Commodities and Energy Columnist, Clyde Russell. The…
Mumbai: Indian equity benchmarks ended higher on Wednesday as stabilising crude oil prices and renewed hopes of diplomatic talks between the US and Iran improved investor sentiment.
Tax withholding obligations from restricted stock unit vesting drove the non-discretionary sale. Devgan retains 247,201 shares valued at $69.40 million.
