Vienna - The price of oil produced by the Organization of the Petroleum Exporting Countries (OPEC) gai

Crude settled up 30 cents at $48.85 on Wednesday, as early gains on U. S.

Vienna- The steep drop in the price of oil produced by the Organization of Petroleum Exporting Count

BGR Energy Systems Limited, a leading energy equipment supplier, has won an order worth Rs 15.50 crore from Maithon Power Limited, Jharkhand for Design, Engineering, Supply, Erection and Commissioning.

The company has secured latest contract for the 2 x 525 MW Coal-based Power Plant, which is being developed by Maithon Power Limited.

Maithon Power Limited is a Joint Venture Company of Tata Power and Damodar Valley Corporation (DVC).

U. S. crude oil futures settled higher on Tuesday lifted by a bounce on Wall Street and amid volatility associated with the expiration of the May crude contract at the close. Crude rose after falling more than $2 earlier as uncertainty about a quick economic recovery and bank stability that pressured global equities pushed oil lower.

Natural Gas fell very sharply due to milder weather and expectation of built in inventory.

South Korea, the world's fifth-largest crude oil buyer, imported 61.82 million barrels of crude or 1.99 million barrels per day (bpd) in March, down from