- Crude oil fell in Asia on Monday as investors noted mixed economic data out of China that showed slightly better GDP growth figures than expected. On the New York Mercantile Exchange, crude oil for delivery in November fell 0.17% to $47.64 a barrel.
- Gold prices fell in Asia on Monday after mixed economic data from China showed lower than expected industrial output, but higher than expected GDP gains. Gold for December delivery on the Comex division of the New York Mercantile Exchange fell 0.68% at $1,175.10 a troy ounce.
- Oil and Natural Gas Corporation (ONGC) has sought premium gas pricing for an undeveloped deep-sea block in the KG basin, where it plans to invest $6 billion, as top executives are anxious about the viability of the project at the current oil and gas prices.
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