Oil companies are being accused of illegally charging royalties on camphor and other products for the purpose of “exposing and harming the health and well-being of consumers”.A class action filed in the Supreme Court of India, on behalf of around 1,200 people, alleges that the companies have been charging people for the products for years, […]
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How to trade oil stocks
Oil stocks in the United States have been on a tear lately.On Tuesday, the S&P 500 index of major U.S. oil companies soared more than 9 percent as the price of Brent crude rose sharply.But the price was up just 1.2 percent for the month, as prices for other commodities like oil-based products and metals […]