IOC acquires Mercator Petroleum for Rs 148 crore – Times of India

[ad_1] NEW DELHI: State-owned Indian Oil Corporation (IOC) has acquired Mercator Petroleum for about Rs 148 crore in an insolvency proceeding, according to regulatory filings by the company. “The resolution…

Oil prices jump 5% amid Israel-Gaza war

[ad_1] Crude oil prices rose over $4 a barrel in early trade in Asia on Monday after Hamas launched a surprise attack on Israel over the weekend killing over 700…