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Buy MCX Crude oil Oct; target of Rs 3275/3340: Way2Wealth


Way2Wealth has recommended to buy MCX Crude oil Oct around Rs 3182 with a stop loss of Rs 3117 for the target price of Rs 3275/3340, in its research report dated Oct 09, 2015.

Oil prices extend gains in Asia

09-10-2015| Source:PTI

The two main crude contracts hit a six-year low during the April-September quarter owing to a fears about an oversupply, China's economic crisis and expectations for a US interest rate rise.

Nifty rebound: Bears may still have upper hand in near term


commodity prices. Citigroup is bearish on crude oil, aluminum, platinum, iron ore, cocoa and wheat in the next three to six months. Echoing the same thoughts, Ruchir Sharma, head of emerging markets at Morgan

Prefer Petronet LNG: Sudarshan Sukhani  

08-10-2015| Source:CNBC-TV18

Sudarshan Sukhani of told CNBC-TV18, "Petronet LNG, Castrol India, GAIL India and Oil and Natural Gas Corporation (ONGC) which break out should persist. Although crude is now pausing

Global oil mkt well-supplied; see high OPEC output: Argus  

07-10-2015| Source:CNBC-TV18

Azlin Ahmad, Editor, Crude Oil at Argus Media says the market had already expected the slump in US September crude production.

Oil prices sustain rally in Asian trade

07-10-2015| Source:PTI

Buoyant oil prices sustained a rally in Asia on Wednesday driven by hopes the crude supply glut would ease and expectations the US central bank would hold off from raising interest rates. A softening

Oil jumps $2, breaking range as supply seen ebbing

07-10-2015| Source:Reuters

Global benchmark Brent crude LCOc1 rallied for a third straight day and closed above USD 50 a barrel the first time in a month. In post-settlement trade, it briefly jumped USD 3 after an industry

Nifty likely to open in green; Asian stocks firm


Asian stocks held firm on Wednesday as a sharp rebound in oil prices supported battered resource shares and emerging economy currencies, while Japanese markets were tentative ahead of a crucial Bank

Crude drop to help profit; cutting debt burden: Cosmo Films  

06-10-2015| Source:CNBC-TV18

The current drop in crude oil price has shown a significant gain for many companies, Cosmo Films being one of them, is expecting revenue gains.In an interview with CNBC-TV18, Pankaj Poddar, CEO

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Oct 09, 2015 at 23:30 | Source: FirstPost
Oct 09, 2015 at 03:30 | Source: FirstPost
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