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Barrel — 1 barrel = 42 US gallons = 159 1; 1 metric tonne ⋍7.4 barrels (crude oil) . Batching oil — Petroleum product, e.g., heavy gas oils and light lubricating oils
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The larger the rate of interest, the smaller is the future value of a dollar. If a bank pays 2 percent compounded daily, the true rate of interest is greater than 2 percent. A series of equal payments is called an annuity. If interest rates are 0 percent, an annuity of $100 for ten years is the same as $1,000 today. What is the effect if interest is paid twice a year, one-half of the stated interest rate after six months and another half of the state rate after 12 months. In one year, $100 at 8% interest compounded semiannually will be: Although the nominal rate was 8%, the effective rate was $8.16.
Jet fuel prices were on Monday slashed by a steep 10 percent, the second straight reduction in rates in as many months, as international oil prices slumped on fears of the spread of coronavirus. Simultaneously, the rates of non-subsidised cooking gas were cut by Rs 53, wiping away a third of the Jet fuel will now cost on an average Rs 58,986 per kilolitre. Fuel costs of airlines will rise as IOC increased ATF prices for the fifth straight month amid rising crude prices.
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The iShares MSCI EAFE Value ETF seeks to track the investment results of an index composed of developed market equities, excluding the U.S. and Canada, that exhibit value characteristics. Next: Previous: Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund. as of Dec 31, 2019.
Forward contracts — called swaps in the OTC market and futures on the An option to enter a swap or futures contract at an agreed price and time in the future .