Oil logs biggest weekly decline in one month on China demand concerns; Brent drops 7% in five days to /bbl | Stock Market News

Oil logs biggest weekly decline in one month on China demand concerns; Brent drops 7% in five days to $73/bbl | Stock Market News

Source: Live Mint Oil futures fell on Friday, declining more than 7% on the week after data showed China’s economic growth slowed and investors digested a mixed Middle East outlook. Brent crude futures fell $1.39, or 1.87%, to $73.06 a barrel. U.S. West Texas Intermediate crude settled at$69.22 a barrel, down $1.45 or 2.05%. Brent…

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Envirotech Systems IPO subscribed 2.3 times on Day 1; retail portion booked over 3.5 times | Stock Market News

Envirotech Systems IPO subscribed 2.3 times on Day 1; retail portion booked over 3.5 times | Stock Market News

Source: Live Mint The initial public offering (IPO) of Envirotech Systems attracted strong demand from both retail and non-institutional investors on its first day of bidding.  The IPO, which opened today and is scheduled to close on Wednesday, September 18, was fully subscribed just a few hours after the bidding commenced. As of 4:15 pm,…

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