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Nifty may open soft as Nikkei falls again


major Cipla.In other asset classes, crude oil stabilised following an 8 percent slump, the US dollar is trading at a four month low while gold stayed at an eight month high.

Oil slumps on IEA gloom

10-02-2016| Source:PTI

In late afternoon deals in London, Brent North Sea crude for delivery in April dived USD 2.25 to USD 30.63 per barrel.

Essar Oil Q3 net profit zooms 7-fold at Rs 364 crore

09-02-2016| Source:PTI

Essar Oil earned USD 13.25 on turning every barrel of crude oil into fuel in the third quarter as compared to a gross refining margin of USD 7 per barrel a year ago.

Oil demand growth set to 'ease back considerably': IEA

09-02-2016| Source:CNBC

Crude oil prices have spiralled lower in January with what the IEA called "brimming stockpiles" pushing global benchmarks below USD 30 a barrel. On Tuesday, Brent crude for April delivery

Oil prices jump, shrug off equity slump, glut concerns

09-02-2016| Source:Reuters

US crude was up 49 cents at USD 30.18 a barrel at 0259 GMT, after rising as far as USD 30.30. The contract fell about 4 percent on Monday, finishing at USD 29.69.

Another weak open seen for Nifty after Nikkei sinks


Jones fell about 400 points, before recouping some losses to close 177 points lower. In focus today are crude oil, which fell about 4 percent in US trade but has now recovered in Asian trade, and the US

Oil slips after Saudi, Venezuela meeting on prices yields little

08-02-2016| Source:Reuters

Brent crude futures, the global benchmark was down 9 cents at USD 33.97 at 0039 GMT. They fell 40 cents to USD 34.06 a barrel on Friday.

Cairn wants govt to reduce oil cess before Budget

08-02-2016| Source:PTI

Cairn India Managing Director and CEO Mayank Ashar said the government should convert the Rs 4,500 per ton Oil Industry Development Cess, which takes away a third of the current oil price of about

PM inaugurates Indian Oil's Paradip refinery

07-02-2016| Source:PTI

of IOC. Prior to Paradip, its eight refineries had a cumulative capacity of 54.2 million tons of crude oil. Paradip helped IOC overtake Reliance Industries, which has twin refineries at Jamnagar in Gujarat

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