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Oil rates drop 3% as investors retreat from overnight gains

01-09-2015| Source:Reuters

US crude, also known as West Texas Intermediate, climbed 27.5 percent by the end of the previous session after three days of gains, the largest three-day increase in dollar terms since February 2011

Oil falls back below $49 as glut, China concerns weigh

31-08-2015| Source:Reuters

International benchmark Brent crude climbed 10 percent last week but was still heading for its fourth straight monthly decline and has risen in only two of the past 14 months.

July core sector growth slows down to 1.1%  


Coal production grew only 0.3 percent versus 6.3 percent M-o-M, crude oil production was down 0.4 percent versus 0.7 decline M-o-M percent, natural gas production was down 4.4 percent against decline

Macro data points, global leads to set market trend

30-08-2015| Source:PTI

, the progress of monsoon, movement of the rupee against the dollar, crude oil prices and auto sales numbers will also be key factors determining the trend on the bourses. "Movement of index in the near term

Arab OPEC brace for oil-price weakness for rest of 2015

28-08-2015| Source:Reuters

OPEC delegates, including those from core Gulf OPEC countries, see economic troubles in top energy consumer China as short term and unlikely to have much impact on demand for crude which will rise

India's response to global weakness inadequate: Tata Trusts  

28-08-2015| Source:CNBC-TV18

on the rupee etc, one should look at a much longer timeframe and see the strategic implications of these changes and prepare for them.”“The drop in international crude oil prices for me is a

See crude prices at $50-60/ barrel by year-end: Barclays  

28-08-2015| Source:CNBC-TV18

for Brent crude from here?A: A number of factors are weighing into crude oil at the moment. We have in terms of the supply side, Organisation of the Petroleum Exporting Countries (OPEC) producing well above

Buy MCX Crude oil Sep; target of Rs 2856: Way2Wealth


Way2Wealth has recommended to Buy MCX Crude oil Sep around Rs 2753 with a stop loss of Rs 2695 for the target price of Rs 2856, in its research report dated Aug 29, 2015.

Expect Crude oil prices to trade sideways: Sushil Finance


According to Sushil Finance, crude oil prices to trade sideways on the back of rising crude oil production and short covering.

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