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Saudi King Abdullah dies, brother Salman takes over

23-01-2015| Source:PTI

in the birthplace of Islam, also the world's top oil exporter.

Why Saudi succession isn't a big deal for oil

23-01-2015| Source:CNBC

Nymex WTI crude oil futures rose as much as 2.5 percent to USD 47.76 after the news broke but trended back down to USD 47.25 by mid-day in Asia.

Rs 200cr QIP funds to be used for expansion: Deepak Nitrite  

23-01-2015| Source:CNBC-TV18

to the exchanges showed. The revenue decline was led by the decline in crude prices.But Upadhyay said he did not expect revenue de-growth to take place in the fourth quarter. “The fall in crude oil has

Sell MCX Crude oil Feb; target of Rs 2811: Way2Wealth

23-01-2015| Source:Moneycontrol.com

Way2Wealth has recommended to sell MCX Crude oil Feb around Rs 2920 with a stop loss of Rs 2997 for the target price of Rs 2811, in its research report dated Jan 23, 2015.

Cairn Q3 profit falls 41% to Rs 1,350 cr, misses forecast  

22-01-2015| Source:Moneycontrol.com

Moneycontrol BureauCairn India's third quarter consolidated net profit tanked 41 percent sequentially to Rs 1,350 crore due to lower crude oil prices.Consolidated revenue declined 12 percent to Rs 3

BP on crude shock: Fundamentals are being priced into oil  

22-01-2015| Source:CNBC-TV18

On the sidelines of the World Economic Forum, CNBC-TV18s Menaka Doshi caught with Dev Sanyal, Executive VP Strategy & Regions, BP, to get his take on the sharp decline in the prices of crude

Oil prices dip ahead of looming ECB bond buying programme

22-01-2015| Source:Reuters

Oil prices dipped early on Thursday ahead of the expected announcement of a bond-buying programme by the European Central Bank (ECB) later in the day that could push the dollar to new highs and put

Domestic crude oil production falls 1.4% in December

21-01-2015| Source:PTI

State-owned Oil and Natural Gas Corp (ONGC) reported a 0.7 percent rise in output at 1.9 million tonne on the back of 5 percent surge in offshore production.

Crude oil bottoming out; $60-70/bl likely in a year: Kotak

21-01-2015| Source:Moneycontrol.com

The brokerage house is of the view that a near-term curb on high-cost shale oil production in US and Canada will reduce the current excess supply.

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