India is likely to go ahead with an oil tax cut to soften retail prices, said Bank of America Securities. Synopsis International crude oil prices have surged to their highest levels in 13 months recently, led by a strong demand outlook due to recovery in global economies as well as supply disruptions in the Middle … Read more
SOURCES: David Mannino, MD, director, Pulmonary Epidemiology Research Laboratory, University of Kentucky, Lexington; medical director, COPD Foundation. Lung Health Institute: “Can CBD Cure My Lung Disease?” National Center for Complementary and Integrative Health: “Cannabis (Marijuana) and Cannabinoids: What You Need To Know.” FDA: “What You Need to Know (And What We’re Working to Find Out) … Read more
SOURCES: Johns Hopkins Medicine: “Side Effects from Breast Cancer Treatment.” Marisa C. Weiss, MD, chief medical officer and founder, Breastcancer.org; director of breast radiation oncology, Lankenau Medical Center, Wynnewood, PA. National Center for Complementary and Integrative Health: “Cannabis (Marijuana) and Cannabinoids: What You Need to Know.” PBS NewsHour: “Is CBD legal? Here’s what you need … Read more
New Delhi: Anil Agarwal’s Vedanta Group and two overseas funds are said to be among suitors for state-owned Bharat Petroleum Corporation (BPCL), which the government is seeking to privatise. Government sources told TOI that Vedanta is among the “multiple suitors” for the oil marketing company. The names of the two funds were not immediately known. … Read more
More than 13,000 patients, treated at centers around the world, were given either Epanova or a placebo pill containing corn oil. All patients had conditions putting them at at “high cardiovascular risk.” For example, they were being treated with cholesterol-lowering statins and had either blockages of the coronary arteries, or arteries in the brain or … Read more
By Ernie Mundell HealthDay Reporter FRIDAY, Nov. 13, 2020 (HealthDay News) — Millions of people take a fish oil or vitamin D supplement in hopes of warding off a host of ills. But a new study finds the nutrients won’t shield against the common and potential heart rhythm disorder known as atrial fibrillation. … Read more
Venezuela’s oil industry—rich in reserves, a crucial Allied resource in World War II, a founding member of OPEC—is grinding toward a halt. Venezuela has greater oil stores than any other country. But after years of corruption, mismanagement and more recently U.S. sanctions, its oil output has dropped to a tenth of what it was two … Read more
By Laura Hurst A few dots near the bottom corner of the world map in the southern Atlantic, the Falkland Islands were once at the forefront of a new era for the oil industry as companies scoured the planet for resources. Yet a decade after the discovery of as much as 1.7 billion barrels of … Read more
Mumbai: The rupee pared some of its initial losses and settled 3 paise down at 75.04 (provisional) against the US dollar on Tuesday, even as domestic equity market was trading with significant gains. The rupee opened weak at 75.13 at the interbank forex market, then pared some of its early losses to settle at 75.04 … Read more
It’s a good day for OPEC. Data published Monday by the oil cartel show its members have largely complied with an agreement to slash production. The confirmation caps a remarkable year for OPEC, which was forced to devise a plan to boost prices after they fell to $26 per barrel in February 2016. The price … Read more