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ONGC, Cairn India demand halving of cess on crude oil

26-07-2016| Source:PTI

Oil and Natural Gas Corp (ONGC) paid Rs 4,500 per tonne cess on crude oil it produced from almost all its fields including prime Mumbai High, till February 2016. In Budget for 2016-17, Jaitley

Crudeoil to trade in 45493-47089. range: Achiievers Equities


According to Achiievers Equities,Crude oil dropped amid worries that a global crude and refined product glut would weigh on markets for some time to come.

Sell gold, crude & copper: Kishore Narne  

26-07-2016| Source:CNBC-TV18

Watch the interview of Kishore Narne of Motilal Oswal Commodity with Manisha Gupta on CNBC-TV18. He spoke about the current trend in commodities market.

Resurgence of supply glut fears send oil to 3-month lows

26-07-2016| Source:CNBC

US Western Texas Intermediate crude oil futures were up 0.2 percent at USD 43.20 a barrel while Brent crude oil futures were up 0.4 percent at USD 44.88 a barrel.

Oil prices edge up but supply glut woes return

26-07-2016| Source:PTI

After topping USD 50 a barrel early last month on the back of output disruptions, the cost of crude has tumbled about 15 per cent in recent weeks as the crucial US holiday driving season comes

Here is Manisha Gupta's overview on commodities market  

26-07-2016| Source:CNBC-TV18

Watch Manisha Gupta of CNBC-TV18 speaking about the current trend and updates from the commodity space

Oil prices edge away from 3-month lows, but mood remains bearish

26-07-2016| Source:Reuters

International Brent crude oil futures were trading at USD 44.80 per barrel at 0134 GMT, up 8 cents from their last close. US West Texas Intermediate (WTI) crude were at USD 43.16, up just 3 cents per

Crude may test $42-43/bbl level, inventory data eyed: ABN Amro  

25-07-2016| Source:CNBC-TV18

In an interview to CNBC-TV18 Cleef says it is most likely that crude will trade sideways with negative bias in the coming weeks and could certainly test the USD 42-43 per barrel range.

Iraq overtakes Saudi Arabia as India's top oil seller

25-07-2016| Source:PTI

Iraq sold 11 million tonnes (MT) of crude oil to India during April-June, higher than 10 MT sourced from Saudi Arabia, Petroleum Minister Dharmendra Pradhan said today.

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