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Core sector growth slows to 1.4% in Feb

31-03-2015| Source:PTI

The output of eight core sector industries coal, crude oil, natural gas, refinery products, fertilizer, steel, cement and electricity expanded by 6.1 percent in February, 2014.

Greece worries compound euro's record quarterly fall

31-03-2015| Source:Reuters

The European Central Bank's 1 trillion euro quantitative easing programme, launched this month, has prompted investors to pile into shares on bets that a weak euro, low borrowing costs and cheap oil

Saudi Arabia may back-off from additional supply: Macquarie  

31-03-2015| Source:CNBC-TV18

they are going to really prop up the property market and the significance of property market in terms of those multipliers cannot be understated in Chinese context.Ekta: Talking about oil prices, explain to us how

Asian imports of Iran crude fall 25%, led by India, S Korea

31-03-2015| Source:Reuters

Asian purchases of Iranian crude fell by a quarter in February from a year ago, led by big drops in India and South Korea, although the future of Tehran's oil exports remains murky as it and six

Oil extends losses as deadline for Iran nuclear deal looms

31-03-2015| Source:Reuters

Oil futures extended losses on Tuesday, as Iran and six world powers ramped up the pace of negotiations to reach a preliminary deal that could ease sanctions and allow more Iranian crude onto world

Oil prices edge lower as Iran nuclear deadline approaches

31-03-2015| Source:PTI

Oil prices fell in Asia on Tuesday as dealers monitored last-ditch efforts between global powers and Iran to reach a deal on Tehran's nuclear programme and ease sanctions imposed on the crude

India makes first crude oil purchase for SPR

31-03-2015| Source:Reuters

Oil prices have almost halved in the past year due to excess global production, leaving traders looking for any signs of new demand to help absorb the surplus.

See U-shaped recovery in crude; don't short: Barclays  

30-03-2015| Source:CNBC-TV18

Miswin Mahesh, energy analyst, Barclays says oil supply may double if Iran's sanctions are eased. The surplus as of now is 1.2 million barrels per day.

Oil prices down in Asian trade

30-03-2015| Source:PTI

US benchmark West Texas Intermediate for May delivery fell 71 cents to USD 48.16 and Brent crude for May eased 35 cents to USD 56.06 in late-morning trade.

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