Oil prices hit 3-month highs on expectations OPEC+…

An Austrian army member stands next to the logo of the Organization of the Petroleoum Exporting Countries (OPEC) in front of OPEC's headquarters in Vienna, Austria April 9, 2020.Leonhard Foeger | ReutersOil prices continued to…

Exxon cuts capital spending by 30%, but CEO…

Exxon is slashing its 2020 capital spending plan as depressed oil prices hammer the energy sector, but CEO Darren Woods said that the company's dividend is safe for the time being."A lot of our shareholders…

PNB cuts MCLR by 0.05% for select maturities…

NEW DELHI: State-owned Punjab National Bank (PNB) has cut marginal cost based lending rates by 0.05 per cent for select maturities to be effective from next month. "The bank has reduced marginal cost of funds…