Crude oil collapses on demand concerns

Crude oil collapses on demand concerns

In the last four weeks, crude oil market collapsed by 12-15 per cent; and last week, Brent briefly traded below the psychological $60 a barrel, a five-month low. This is notwithstanding the current supply tightness following US sanctions on Iran oil and involuntary outage in Venezuela.

Assam to come up with solar park

Assam to come up with solar park

Chief Minister Sarbananda Sonowal on Wednesday laid the foundation stone of a 70 MW Solar Park at Japisajia village of Amguri in Sibsagar district in a bid to boost power production and promoting clean energy in the state.