Reliance Profit Falls on Refining Margin

Reliance Industries Ltd., operator of the world’s biggest oil refining complex, reported profit slumped for the third straight quarter on declining natural gas output in India and reduced earnings from fuel sales.

Middle East Economies and the Impact of Cheap Oil
26:55 - Marios Maratheftis, chief economist at Standard Chartered Bank, discusses economic conditions in the Middle East, the impact of lower oil prices through the region and his outlook for U.S. economic growth and a rate hike path from the Federal Reserve. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
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