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Iran snags more European oil buyers in slog for market share

29-04-2016| Source:Reuters

Two European refiners are set to receive their first oil cargoes from Iran since international sanctions were lifted in January against the country, which is ramping up crude exports in a battle

Why do crude oil prices matter a lot to Indian economy?


A fall in crude oil prices mean low inflation, but too much erosion in crude oil prices too is not good for the Indian economy.

Oil prices hit new 2016 highs despite lingering excess

29-04-2016| Source:Reuters

A looming rise in Middle East output capped gains, but investor sentiment held the optimism that has helped lift oil futures nearly 80 percent higher than January lows.

Crudeoil to trade in 2968-3120 range: Achiievers Equities


According to Achiievers Equities, Crude oil gained after U.S. crude output dropped and Federal Reserve policy makers signaled theyre open to raising interest rates in June.

Oil prices ease off in Asia after hitting new highs

29-04-2016| Source:PTI

Oil prices eased slightly in Asia today after hitting a series of new highs this week, bolstered by a weak dollar.The US Federal Reserve held interest rates unchanged after its policy meeting

CAD to widen to $25 bn in FY17 on gold imports surge: Report

29-04-2016| Source:PTI

"A favourable monsoon after a gap of two years would have a mixed impact on trade in various sectors, boosting agricultural exports and limiting imports of crude oil and coal while enhancing

Oil prices dip on looming OPEC production rise

29-04-2016| Source:Reuters

International benchmark Brent crude futures were trading at USD 47.69 per barrel at 0101 GMT, down almost half a dollar and a percentage point from their last close.

Asia markets open lower; ASX down 0.21%, Kospi down 0.4%

29-04-2016| Source:CNBC

Australia's ASX 200 was down 0.21 percent after the open, with declines in the heavily-weighted financials sub-index and the materials sub-index. In South Korea, the Kospi was down 0.37 percent.

Nikkei falls 3.2% after Bank of Japan keeps policy steady

28-04-2016| Source:CNBC

in first quarter of 2015 to 2.63 trillion won. Samsung shares were down 2.69 percent.Oil prices retreated during Asian hours, with US crude futures down 0.40 percent at USD 45.15 a barrel, while global

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