Select Commodities – Outlook • India Seeks pto Ban OTC Oil Derivatives: May Raise Hedging Costs- The Reserve Bank of India may ban over-the counter oil swaps and options trading in an attempt to prevent losses that could bankrupt companies. Reliance Industries Ltd., India's most valuable company, and state-owned India Oil Corp., the country'a largest refiner, are among those that may only deal in derivatives through bourses like the New York Mercantile Exchange or ICE Futures Europe, the central bank .................................