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RBI can buy $9 bn more forex from market: BofA-ML
17-05-2013| Source:PTI The Reserve Bank can buy USD 9 billion according to the balance of payments estimates and after assuming the Brent crude to be at USD 110 a barrel.
HPCL shuts CDU unit after fire at Visakhapatnam refinery
17-05-2013| Source:Reuters The fire, which was put out immediately, resulted in the shutting down of a 3 million tonnes a year crude distillation unit (CDU) at the refinery, one of the officials said.
Gold to face more selling pressure: IIFL
17-05-2013| Source:CNBC-TV18 In an interview to CNBC-TV18, Tarang Bhanushali of IIFL spoke about movements in gold and crude.Below is a verbatim transcript of the interview:Q: It is only moving lower for gold, how are you guys
Expect crude oil prices to move in range: Emkay
17-05-2013| Source:Moneycontrol.com Emkay Commodity Research has come out with its report on Crude Oil and Natural Gas. The research firm expects crude oil prices to move in a range as tensions in Middle East and weak economic data
Commodity bets: How to play copper, crude, gold today
17-05-2013| Source:CNBC-TV18 Sachdeva of Religare Commodities suggests selling crude. "Our stance would be to go for short positions on higher levels close to Rs 5,190-5,200 per bbl mark, keeping a stop in place at Rs 5,250 per bbl mark
Sell MCX Gold June; target Rs 25700: Geojit Comtrade
16-05-2013| Source:Moneycontrol.com . MCX Crude May : Sell around 5130 levels with a stop loss placed above 5160 levels for targets of 5060 levels.MCX Natural Gas May : Buy around 224 levels with a stop loss placed below 220 levels for targets
BSE Sensex closes slightly up; bulls pause for a breather
16-05-2013| Source:Moneycontrol.com with CNBC-TV18.Crude remained stable around USD 103, and even though gold prices have been under pressure, India's current account deficit is still hurting from high gold imports.Still, it may be too early
Expect base metals to move down: Emkay
16-05-2013| Source:Moneycontrol.com .Three-month copper on the London Metal Exchange ended at USD 7,198, down from Tuesday's close of USD 7,245, having earlier hit a low of USD 7,101 a tonne.Energy:U.S. crude futures for June delivery settled up by USD 0
Expect further selling in Gold till Rs 25300: Mangal Keshav
16-05-2013| Source:Moneycontrol.com , Johor and New Orleans in recent weeks that had taken inventories back down towards the 1mn ton mark.Also Read: Here's how Anand Rathi recommends trading gold, silverCrude oil futures recovered from early Track BRCRUDEOIL (MCX)
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News across the web » May 18, 2013 at 18:06 | Source: The Hindu BusinessLine
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