Foreign Minister Rafael Ramirez said his country would make a proposal to limit supply and strengthen prices at the next OPEC meeting.
Traders expect USD/INR to hold 61.8-62.0 range on Friday.
Royal Dutch Shell sells 30% stake in Niger Delta field for $600m.
Iraq's semi-autonomous region agrees deal over oil exports
Citi is paying around $1bn in fines to three separate authorities for currency market manipulation
Edmund Shing says that ultra-low interest rates means you should give your cash savings a workout
Amazon and others putting pressure on Royal Mail as we enter crunch Christmas period.
Both northbound and southbound flows are way below the daily permissible limit.
IG's CFO Chris Hill speaks to IBTimes TV exclusively in London about the milestone company birthday
IG's CFO Chris Hill speaks to IBTimes UK exclusively in London about the milestone company birthday
The delivery service's stock price has fallen dramatically after profits plummeted by 21%
Out of nine members, Ian McCafferty and Martin Weale voted for a hike in the Bank Rate to 0.75% while the rest wanted to hold.
Controversial pipeline project from Canada to the US narrowly fails to win backing in US Senate.
Uralkali shares fell after a 20 by 30 metre sinkhole was found at its Solikamsk potash mine.
Australia's regulator has been investigating market rigging since 2012.
Korean PPI fell for the third straight month, to its weakest since February last year.
The world's largest interdealer broker said first half revenue fell 9%.
The fuel price hike will reduce import bills of Indonesian government and borrowing needs of Pertamina.
Two employees were also banned from working at any other New York banks.
Militants from the Islamic State have fought to capture the Baiji oil refinery since June.
Nafotgaz chief executive says Ukraine wants to reduce reliance on Russian gas.
New United Nations report recommends ban on flights entering and leaving Isis territory.
The Global Opportunities Fund bets on rising and falling prices in the global fixed-income and forex markets.
Israel's GDP growth rate fell below zero in the July-September period.
Russia's rouble up by 0.8% against dollar on Tuesday as exporters traded in foreign revenues.
Prices in London showed the highest growth with 18.8%
Outlook on the non-financial corporates in Asia ex-Japan remains stable, mainly helped by US demand.
Move prompted by surging inbound gold shipments that threaten to inflate India's trade deficit.
Deal will save the firms a combined $2bn in costs annually.
Tories warn that voting for Ukip will tarnish the reputation of areas and slash home values.