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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.

Crude prices to fall up to $30-40/bbl by Q2 2015: FACTS  

17-02-2015| Source:CNBC-TV18

According to Fereidun Fesharaki of FACTS Global Energy, crude prices are unlikely to touch USD 100/bbl until 2030.

Nifty holds 8800, Sensex ends flat; ITC up 3%, banks fall


Oil stocks were down as Finance Minister Arun Jaitley may look at re-imposing 5 percent customs duty on crude oil imports to shore up revenues by USD 3 billion and create a level-playing field

Customs duty on crude oil may be re-introduced

16-02-2015| Source:PTI

Presently, the government does not levy any import or customs duty on crude oil imports. On the other hand, domestically produced crude oil attracts two per cent central sales tax, something which

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News across the web »
Jul 02, 2014 at 00:15 | Source: FirstPost
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