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Production of 8 core sectors drops to 17-month low

30-04-2015| Source:PTI

had expanded by 4 percent in March 2014. The previous low logged by the core industries was in October 2013 at (-) 0.6 percent. The growth of eight core industries -- coal, crude oil, natural gas

March infrastructure output contracts 0.1% YoY

30-04-2015| Source:Reuters

The infrastructure sector, which comprises coal, crude oil, oil refining, natural gas, steel, cement, electricity and fertilisers, accounts for 37.9 percent of India's industrial output.

Expect Crude oil prices to trade higher: Angel


According to Angel Commodities, crude oil prices are expected to trade higher as the first withdrawal of crude oil inventories in Cushing is indicating that oil glut might ease in the coming months.

Asian imports of Iran crude fall 9.2% in March

30-04-2015| Source:Reuters

Asian imports of Iranian crude fell 9.2 percent in March from a year ago as India bought no oil from the sanctions-hit country for the first time in at least a decade under US pressure, offsetting a

Oil prices low from 5 months highs as Japan's ind stutters

30-04-2015| Source:Reuters

hub."Brent and WTI prices closed at the highest level in nearly five months as US crude oil inventories rose by just 1.9 million barrels (compared to more than 5.5 million barrels the previous week

Weak stock mkt to keep rupee under pressure: Mohan Shenoi

30-04-2015| Source:CNBC-TV18

Weakness in the bond market is expected to continue on higher crude oil prices & US 10-Year, says Mohan Shenoi, Kotak Mahindra Bank.

Oil prices down in Asian trade

29-04-2015| Source:PTI

US benchmark West Texas Intermediate fell 18 cents to USD 56.88 while Brent crude slipped 16 cents to USD 64.48 in mid-morning trade.

Oil falls more than 1%, US stockpiles set for another high

28-04-2015| Source:Reuters

While a roughly 50 percent drop in global oil prices since June last year has helped economies in Asia, it has posed "difficult challenges" for many oil producers

IOC's Paradip refinery's up and running

28-04-2015| Source:PTI

The refinery is designed to process broad basket of crude, including cheaper high sulphur heavy crudes, and has an overall Nelson complexity factor of 12.2. "The refinery is capable of producing

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