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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.

Oil prices stable as strong dollar weighs, tighter market looms

21-10-2016| Source:Reuters

at USD50.62 a barrel at 0050 GMT, 1 cent below its last settlement.International Brent crude oil futures were up 3 cents at USD51.41 per barrel.Crude prices fell over 2 percent the previous session

Sensex, Nifty may be mixed; HCL Tech, Wipro, Biocon in focus


Asian stocks slipped with a fall in crude oil prices dampening investor risk sentiment, while the dollar hovered near a seven-month high against an index of peers.

RIL blockbuster numbers to continue into H2; stock to gain: Pros  

20-10-2016| Source:CNBC-TV18

The company has shown better performance in terms of gross refining margins. Given the higher crude oil prices and their ability to source heavy duty crude at a lower price, the GRM in the third

See Brent crude in $50-60/bbl range ahead of Nov OPEC meet: Pro  

20-10-2016| Source:CNBC-TV18

Brent crude to trade in the range of USD 50-60 per barrel on back of uncertainty surrounding what OPEC will do in the next meet scheduled on November 30, said Virendra Chauhan, Oil Analyst, Energy

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Oct 20, 2016 at 19:51 | Source: FirstPost
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