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Crude can retest Rs 6200-6230 zones, says Emkay


Immediate downside support for Crude oil is placed around Rs 6130 levels. Prices can retest Rs 6200-6230 zones during the session, says Emkay.

US leading global mkts; stay away from gold: Nuveen AMC  

21-07-2014| Source:CNBC-TV18

.On asset picks, Doll advises staying away from gold while adding that the weakness seen in crude oil was owing to demand-supply mismatch.Below is the verbatim transcript of Robert Doll's interview with Latha

BPCL, HPCL, IOC fall as crude price soars on global crisis


Stocks like BPCL, HPCL and IOC are down 2-3 percent each intraday on Friday. Oil prices rose in Asia after a Malaysia Airlines plane came down in war-ravaged Ukraine and Israel launched a ground

Brent crude to inch $2-3 higher this quarter: Citi  

17-07-2014| Source:CNBC-TV18

Edward Morse, Global Head-Commodities at Citi believes that demand for crude will now go up and brent price in the current quarter will be pricing USD 2-3 higher.

Buy MCX Crude oil; target of Rs 6054: Karvy


Buy MCX Crude oil at Rs 6000-6005 for the target price of Rs 6054 with a stop loss of Rs 5980 & sell at Rs 6054-6060 for the target price of Rs 6000 with a stop loss of Rs 6090.

Brent could fall to $100 or lower levels: Energy Aspects  

16-07-2014| Source:CNBC-TV18

Amrita Sen, chief oil analyst, Energy Aspects says the geopolitical tensions have eased now that the realization has set in that southern Iraqi fields will not be impacted by the rebel movement.

June CPI, WPI inflation ease, but cheer unlikely to sustain


on account of the prevailing weak monsoons. Also, there could be added pressure on crude oil prices owing to geo-political tensions, which could weigh on domestic price levels in coming months.India Ratings

Crude easing on weak US demand, steady supply: Platts  

14-07-2014| Source:CNBC-TV18

In the US with the motorist season this time around being a bit lackluster has impacted the demand, says Dave Ernsberger, Global Oil Director, Platts.

IL&FS Engineering gets EPC contract worth Rs 213cr


from land fall point, Mangalore Port to Magalore/ Padur Cavern via Intermediate Valve Station for storage of crude oil project.

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Jul 02, 2014 at 00:15 | Source: FirstPost
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