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Oil prices drop on China data, firmer dollar

27-11-2015| Source:Reuters

A firmer US dollar also weighed on oil, making greenback-denominated contracts more expensive for holders of other currencies. Although trading was quiet after Thanksgiving Day in the United States.

Oil eases on glut, production outlook

26-11-2015| Source:Reuters

Concerns that the downing of a Russian jet by Turkey on Monday helped push up oil prices this week on the risk that rising geopolitical tension could hit Middle East supplies.

Oil steadies on US rig count drop, small crude build

26-11-2015| Source:Reuters

Crude futures erased early losses to settle steady on Wednesday after a smaller-than-expected supply build in the United States and drop in the number of US rigs actively drilling for oil

India oil imports from Asia Pacific spike in October

24-11-2015| Source:Reuters

Crude imports from points east of India, mainly Malaysia and Australia, surged to 187,000 barrels per day (bpd) in October, the highest since April 2014, according to ship tracking data obtained from

Oil rises around 1% on Saudi pledge to stabilise prices

24-11-2015| Source:Reuters

Crude oil futures rose around one percent on Tuesday, after Saudi Arabia pledged to work towards oil price stability, while a strong US dollar and an expected rise in US crude stocks limited

OPEC comments show lost relevance ahead of meeting

24-11-2015| Source:CNBC

Oil surged Monday on remarks from Saudi officials that the country is willing to work with oil producing and exporting countries, both inside and outside of OPEC to maintain market and price

Here's Matthew Smith's view on crude oil  

23-11-2015| Source:CNBC-TV18

.Below are the excerpts of Matthew Smith's interview with CNBC-TV18's Ronojoy Banerjee. Q: What do you make of the kind of volatility that we have seen because since June last year oil prices have seen a significant

Oil drops on supply glut despite cut in US oil rigs

23-11-2015| Source:Reuters

Crude oil futures lost ground in early Asian trading on Monday, pressured by a global supply surplus despite a cut in the number of US oil rigs for an eleventh week out of 12.Benchmark front

Sell MCX Crude oil Dec; target of Rs 2660 : Way2Wealth


Way2Wealth has recommended to sell MCX Crude oil Dec below Rs 2750 with a stop loss of Rs 2796 for the target price of Rs 2660, in its research report dated Nov 20, 2015.

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