Oil Futures Market in India There are primarily 3 major exchanges present in India * Multi Commodity Exchange of India Ltd (MCX) * India’s No. 1 commodity exchange (85% Market share)‚ 3rd largest in world in crude oil trades * Turnover of over Rs 90 Lakh Crore‚ daily turnover of Rs 10‚000 crore in crude alone * National Commodity and Derivative Exchange (NCDEX) * Ranked number 32nd in 2010 in the Futures Industry Association’s global list of top 53 derivatives exchanges
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Alex Bordeau P.6 3/27/16 Ms.Whittaker Exxon Oil Spill The Exxon Valdez oil spill occurred in Prince William Sound‚ Alaska‚ on March 24‚ 1989. Exxon Valdez‚ an oil tanker headed for Long Beach‚ California‚ struck Prince William Sound’s Bligh Reef at 12:04 am local time and spilled thousands of gallons of crude oil. Exxon Shipping Company failed to properly maintain the Raytheon Collision Avoidance System radar which‚ if functional would have identified that the ship was off course an heading
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OPEC Oil Embargo The Organization of Petroleum Exporting Countries (OPEC) was created in 1960 with the idea of unifying and protecting the interests of petroleum-producing countries. The members of this organization include: Iran‚ Iraq‚ Kuwait‚ Saudi Arabia‚ Venezuela‚ Qatar‚ Indonesia‚ Libya‚ The United Arab Emirates‚ Algeria‚ and Nigeria. Their goal was to slowly take over the function of the companies‚ at least in production‚ and then increase the amount of revenues they could retain. Despite
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Reflections: What does this document mean to you? What lessons did you learn from creating it? How is it relevant to your overall theme or purpose? Job Description: This assignment allowed me to explore different job occupations‚ and concentrate on just one that caught my attention. I was able to learn about the details of being a property manager‚ which focus on the pros‚ cons‚ and the expectations of the job. During this assignment‚ I was also able to explore and improve on my writing style
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steam distillation we can isolate eugenol at lower temperature than its usual boiling point of 248 degree Celsius. Eugenol belongs to a category called essential oil. Many of these compounds are used as flavoring and perfumes and in the past were considered the essence of plant from which they were derived. Structure of eugenol (clove oil) and eugenol acetate: Reagents: Eugenol‚ CH2Cl2‚ Br2‚ FeCl3‚ Methanol Procedure: Co-distillation We first combine 15 mL of water with 1 g of crushed
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Isolation of Essential Oils by Steam Distillation Procedure Part A Apparatus 1.) Using a 20- or 25-mL round-bottom flask (for distillation) and a 10-mL round-bottom flask (for collection) assemble a distillation apparatus 2.) Use an aluminum block to heat and insert a water condenser 3.) The collection flask may be immersed in ice to ensure condensation of the distillate Preparing the Spice 1.) Weigh approximately 1.0 g of your spice or herb onto a piece of weighing paper and record the exact
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Purpose of this experiment is to synthesis Banana oil by mixture of the isopentyl alcohol and acetic acid . Banana oil smells like fruit mostly it smells like banana. This reasons that this compound uses in different perfume products as well as the gums for the flavor. The reaction that takes place in this experiment is a esterification. In this experiment‚ the carboxyl group of the acetic acid joins with the hydroxyl group of the isopently alcohol‚ catalyzed by the presence of sulfuric acid
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Organization of Arab Petroleum Exporting Countries (OAPEC) which in turn placed an embargo on oil exports upon the United States because of the aid and arms that the United States was supplying Israel. This embargo caused fuel shortages such as gasoline which in turn caused fuel prices to soar throughout much of the 1970s. This was further amplified due to the decline of domestic oil production and the reliance on imported oil from abroad. It only took three months for the embargo to cause massive change in
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Jaquilyn A. Vergara II-St. Padre Pio REFLECTION A one whole year studying English. English was not my favorite subject so it will be hard for me and I’m not that good at English. I also thought that English is kind of boring and I thought that from elementary to high school they are teaching the same thing over and over again. I also don’t like the past English teacher that I had because some of them were strict or boring .But this school year
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BP was the ªrst of these companies to change from a reactive to a proactive climate strategy formulation. In 1996‚ it withdrew from the oppositional Global Climate Coalition (GCC)‚ which was characterized as the most powerful lobby organization in climate policy.28 BP then accepted the climate change problem as diagnosed by the Intergovernmental Panel on Climate Change (IPCC) and gave its support to the Kyoto Protocol. In 1998 BP’s strategy formu- lation developed further in a proactive direction
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