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The American Petroleum Institute (API) is the largest U.S. trade association for the oil and natural gas industry. It claims to represent nearly 600 corporations involved in production , refinement , distribution , and many other aspects of the petroleum industry .
ASPI measures the movement of share prices of all listed companies. It is based on market capitalisation. Weighting of shares is conducted in proportion to the issued ordinary capital of the listed companies, valued at current market price (i.e. market capitalisation). The base year is 1985, and the base value of the index is 100.
The Nepal Stock Exchange (NEPSE) is the only stock exchange of Nepal. As of August 2024, the Market Capitalization of the companies listed on NEPSE totaled रू 476,590.9 crore (US$34 billion).
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A share price is the price of a single share of a number of saleable equity shares of a company. In layman's terms, the stock price is the highest amount someone is willing to pay for the stock, or the lowest amount that it can be bought for.
The price of Tapis in Singapore is often considerably higher than the price of benchmark crude oils such as Brent or West Texas Intermediate (WTI), the more commonly referenced in market commentaries. This is because its lightness (i.e. higher ° API) allows for greater production of higher-value products, such as petrol, than from Brent or WTI.
The API describes and prescribes the "expected behavior" (a specification) while the library is an "actual implementation" of this set of rules. A single API can have multiple implementations (or none, being abstract) in the form of different libraries that share the same programming interface.
An open API (often referred to as a public API) is a publicly available application programming interface that provides developers with programmatic access to a (possibly proprietary) software application or web service. [1] Open APIs are APIs that are published on the internet and are free to access by consumers. [2]