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Oil falls towards 14-month low near $101 on ample supply

21-08-2014| Source:Reuters

Brent crude oil fell towards USD 101 a barrel on Thursday, just above a 14-month low, on plentiful fuel supplies and Chinese economic data pointing to slowing demand.The world's top two crude oil

Cairn up 1.4%, gets environment nod for oil production hike


The ministry of environment and forests has given environment clearance to the subsidiary of Vedanta Resources to raise crude oil production from its prolific Rajasthan block by 50 percent to 300

Expect Crude prices to move down further: Emkay


Crude Oil prices are Expected to move down further initially pressured by the dull market sentiments for commodities and diminishing Crude Oil demand, says Emkay.

Crude below $100/bbl may hasten diesel price decontrol


After consolidating for a few days, crude prices today fell below the key USD 100 per barrel mark, giving rise to expectations that given the recent stability the rupee has witnessed, diesel prices

Gas price to be next big trigger for sector: Moody's  

20-08-2014| Source:CNBC-TV18

Credit rating agency Moody's in a recent note has said that it expects credit profile of OMCs to improve over the next 12 months on the back of falling crude prices and subsidy burden.

MCX Crude oil may trade in Rs 5670-5795 range: Karvy


According to Karvy, MCX Crude Oil prices are expected to trade in a range of Rs 5670-5795

No diesel loss hopes push HPCL, BPCL; Goldman Sachs bullish


Moneycontrol BureauShares of oil marketing companies are extending the spectacular rally seen yesterday as crude prices are still at 14-month low. HPCL, BPCL and IOC are up 3-4 percent each

Brent price may hit $90/bbl in few months: Energy Aspects  

19-08-2014| Source:CNBC-TV18

Amrita Sen of Energy Aspects says crude prices may fall further if situation in Iraq improves. She says though people are aware of the geopolitical tensions, they are not too worried about its

Mutual Funds soar as markets end higher on global cues


Equity and Debt Mutual Funds advance as both major indices hit historic highs on Monday riding high on positive global cues and a sharp decline in crude oil prices.

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Jul 02, 2014 at 00:15 | Source: FirstPost
Jun 17, 2014 at 00:22 | Source: Economic Times
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Feb 20, 2014 at 05:27 | Source: The Hindu BusinessLine
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