Oil, gas sector outlook positive as recovery gains momentum

Yahoo Business News

• Dollar falls and European shares slip on U.S. fears (Reuters)
  Reuters - The dollar fell to an eight-month low against the yen on Friday while European and Asian shares slipped on worries U.S. growth data due later in the day may show the world's biggest economy is losing steam. […]
• IOC says no plans to revise petrol prices now (Reuters)
  Reuters - Indian state firms have no immediate plans to revise petrol prices as international prices have not fluctuated significantly, the chairman of government-run Indian Oil Corp B.M. Bansal told reporters on Friday. […]
• Honda posts record Q1 and Renault returns to H1 profit (Reuters)
  Reuters - Honda Motor Co (7267.T) raised its full-year forecasts after posting a record quarterly net profit on Friday, while brisk sales returned France's Renault to profit in the first half. […]