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Markets may see volatile sessions; progress of monsoon key

21-06-2015| Source:PTI

by overseas investors, movement of the rupee against the dollar and crude oil prices will also be crucial for market movement.Market participants said that investors will also keep an eye on how the monsoon

Q1 subsidy sharing mechanism same as Q4FY15 for oil cos  

19-06-2015| Source:CNBC-TV18

There will be no subsidy burden on ONGC till crude oil is at or below USD 60 per barrel. ONGC will have to pay 85 percent of incremental price above USD 60/ bbl as subsidy if crude is between USD 60

Oil prices ease on US dollar, higher shale output forecast

19-06-2015| Source:Reuters

US crude futures for July shed 7 cents to USD 60.38 a barrel as of 0009 GMT after closing up 53 cents in the previous session.

Oil prices dip on US gasoline build, but helped by weak $

18-06-2015| Source:Reuters

Brent August crude declined 18 cents at USD 63.69 a barrel after it settled 17 cents higher on Wednesday at USD 63.87.

Is the recovery in oil prices here to stay?


It might not be the beginning of a bull run for oil prices yet. However in the immediate short term, the trend is skewed in favor of the bulls.

Buy MCX Crude oil June; target of Rs 3915: Way2Wealth


Way2Wealth has recommended to buy MCX Crude oil June around Rs 3832 with a stop loss of Rs 3770 for the target price of Rs 3915, in its research report dated June 17, 2015.

Exports dip 20.19% in May; down 6th month in a row

16-06-2015| Source:PTI

Contracting for the sixth month in a row, India's exports dipped by 20.19 percent in May to USD 22.34 billion mainly due to global slowdown and dip in crude oil prices that impacted overseas

India's trade deficit narrows in May, but exports fall YoY  

16-06-2015| Source:CNBC-TV18

.Crude oil imports for the period stood at USD 8.54 billion versus USD 7.44 billion month-on-month, while non-oil imports came in at USD 24.2 billion against USD 25.6 billion in April.Siddhartha Sanyal

Asia subdued on Greek default fears, Fed meeting awaited

16-06-2015| Source:Reuters

.82-123.123.10 range over the past three trading days.Crude oil struggled to gain traction after falling overnight on the Greek debt concerns. US crude CLc1 nudged up 0.1 percent to USD 59.57 a barrel after shedding 0

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