Oil prices dropped on Wednesday. Global markets saw a broad selloff. Concerns about economic and fuel demand growth grew. A stronger U.S. dollar also impacted prices. U.S. crude stockpiles reportedly increased. These factors contributed to the decline in oil prices. OPEC+ agreed to a modest output increase for December.
Adani’s Cemindia is said to near up to $524 million share sale
Adani Group-backed Cemindia Projects, formerly known as ITD Cementation India, is preparing to launch a qualified institutional placement (QIP) to raise up to Rs 5,000