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Crudeoil to trade in 3290-3446 range: Achiievers Equities


According to Achiievers Equities,Crude oil settled flat reversing earlier gains as fading expectations of a coordinated production cut among major global oil producers weighed.

Oil prices fall as concerns over global fuel glut re-emerge

26-10-2016| Source:Reuters

US West Texas Intermediate crude oil futures were trading at USD49.34 per barrel at 0012 GMT, down 62 cents, or 1.24 percent, from their last settlement.

Oil prices dip on OPEC squabbles ahead of planned production cut

25-10-2016| Source:Reuters

International Brent crude oil futures were trading at USD 51.38 per barrel at 0117 GMT, down 8 cents from their last close.

Crudeoil to trade in 3349-3451 range: Achiievers Equities


According to Achiievers Equities,Crude oil edged higher as Russia reiterated its commitment to joining a producers' output freeze to stem a two-year slide in prices.

Oil is testing $70, according to the charts

24-10-2016| Source:CNBC

Since pushing above USD 50 per barrel, crude has taken a bit of a breather. Nevertheless, at least one chartist thinks oil is heading toward fresh highs.

Oil prices drop as Iraq says doesn't want to join OPEC cut

24-10-2016| Source:Reuters

Brent crude futures were trading at USD 51.59 per barrel at 0133 GMT, down 19 cents, or 0.4 percent, from their last close.

Oil price down cycle 'nearing end': Saudi minister

24-10-2016| Source:PTI

Oil prices are currently hovering at around USD 50 per barrel after hitting a 10-year low of less than USD 30 in January, down from a peak of more than USD 100 in mid-2014.

Cost curb aids Cairn's stellar Q2 show; stock gains limited: Pro  

21-10-2016| Source:CNBC-TV18

Improved operational efficiencies with supportive crude prices helped Cairn India report stellar set of earnings for the second quarter, say experts tracking the company.

Crudeoil to trade in 3338-3494 range: Achiievers Equities


According to Achiievers Equities,Crude oil dropped on profit-taking after markets rallied the previous day due to a draw in U.S. stocks and an expectation of an OPEC-led cut in production.

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