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Crude price likely to remain volatile, says Sushil Finance


According to Sushil Finance, crude oil prices are likely to remain volatile on concerns that falling U.S. oil rig counts may rein in a market glut.

Are oil producers running out of closet space?

26-02-2015| Source:CNBC

The supply build isn't helped by an oil market that's in contango, or when the "spot" price is lower than the price of the future contract. That makes it more profitable for traders

Expect Crude oil prices to trade lower: Angel


According to Angel Commodities, Crude oil prices are expected to trade lower in tandem with trend in international markets.

Oil back below $50 as OPEC hopes fade

25-02-2015| Source:CNBC

The Oil cartel is not due to meet until June this year but a report by the Financial Times - with comments by Diezani Alison-Madueke, the Nigerian oil minister - suggested that an emergency meeting

Oil up in Asia but US crude stays below $50

24-02-2015| Source:PTI

A closely watched report on US weekly crude stockpiles is next due tomorrow, with a Media News survey saying inventories are expected to rise by 3.75 million barrels. US oil stockpiles are already

Budget 2015-16: FM must introduce steps to boost GDP growth, says Godrej  

21-02-2015| Source:CNBC-TV18

would be much lower than in the past due to fall in crude oil and food prices.

Cairn India sacks around 250 staff as low crude price bites


Cairn India has sacked around 250 employees to keep costs in check as falling crude oil prices hurts its bottomline, reports CNBC-TV18’s Sajeet Manghat, quoting sources.“The past few

Blackrock sees strong investment case for India: Watt  

19-02-2015| Source:CNBC-TV18

Speaking to CNBC-TV18’s Latha Venkatesh, Ewen Cameron Watt of BlackRock shared his views on Indian growth, liquidity situation and his outlook for crude prices.Below his the transcript of his

Wall Street ends nearly flat; Fed minutes support

19-02-2015| Source:Reuters

The S&P 500 was down 1.5 percent, with US crude oil falling 2.6 percent to settle at USD 52.14 a barrel.

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