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Mariam P

Premier Oil Drops as Production Forecast Misses Estimates - 1 views

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    This article tells us that the "Premier Oil Plc (PMO)" fell as an output forecast missed analyst estimates.But they are planning to take into account production efficiency and to plan maintenance periods. After the output have to increase in 2014. Which will help them to get up again.
Yassine G

SC: Gas price war between GAIL and GSPCL to be decided by arbitration - Economic Times - 0 views

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    this article talks about the price mechanism and influence on the price that could be caused by two corporations which are very strong on this market. both industires have impact on price and the dispute should be resolved by the supreme court.
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    This article gives us an idea on how prices of some necessities are set. In this case two of the biggest companies in the oil market in their area are having some disagreements on what the price should be. Since they have a big share of the market, they act like a monopoly. the supreme court intervention was required to help settle this dispute.
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