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Oil drops to $55 as Iran nuclear talks intensify

31-03-2015| Source:Reuters

Brent crude oil dropped towards USD 55 a barrel on Tuesday as Iran and six world powers entered a final day of talks over a nuclear deal that could see the energy-rich country increase oil exports

Core sector growth slows to 1.4% in Feb

31-03-2015| Source:PTI

The output of eight core sector industries coal, crude oil, natural gas, refinery products, fertilizer, steel, cement and electricity expanded by 6.1 percent in February, 2014.

Greece worries compound euro's record quarterly fall

31-03-2015| Source:Reuters

to USD 0.7626 after skidding more than one percent overnight amid persistent expectations of further interest rate cuts by the Reserve Bank of Australia.US crude extended losses as a deadline loomed

Saudi Arabia may back-off from additional supply: Macquarie  

31-03-2015| Source:CNBC-TV18

In an interview to CNBC-TV18, Richard Gibbs of Macquarie shares his views on the global markets and what is likely to be the outcome of the nuclear deal between Saudi Arabia and Iran.

Asian imports of Iran crude fall 25%, led by India, S Korea

31-03-2015| Source:Reuters

Asian purchases of Iranian crude fell by a quarter in February from a year ago, led by big drops in India and South Korea, although the future of Tehran's oil exports remains murky as it and six

Buy gold, copper & sell crude: T Gnanasekar  

31-03-2015| Source:CNBC-TV18

Watch the interview of T Gnanasekar of CommTrendz Research & Fund Management with Ekta Batra and Anuj Singhal on CNBC-TV18. He spoke about the current trend in commodities markets.

Correction by & large over; Nifty to consolidate: Choksey  

31-03-2015| Source:CNBC-TV18

for news on order inflows, he adds.According to him long only investors are using this opportunity to increase their positions. Globally too, if crude remains stable and currency is well behaved then FIIs

Oil extends losses as deadline for Iran nuclear deal looms

31-03-2015| Source:Reuters

Oil futures extended losses on Tuesday, as Iran and six world powers ramped up the pace of negotiations to reach a preliminary deal that could ease sanctions and allow more Iranian crude onto world

Oil prices edge lower as Iran nuclear deadline approaches

31-03-2015| Source:PTI

Oil prices fell in Asia on Tuesday as dealers monitored last-ditch efforts between global powers and Iran to reach a deal on Tehran's nuclear programme and ease sanctions imposed on the crude

India makes first crude oil purchase for SPR

31-03-2015| Source:Reuters

state-refiner Indian Oil Corp bought a 2 million barrel cargo of Iraqi crude from Chinese trader Unipec, which will load in May for shipping to the first stage of India's SPR on the country's east

Opening bell: Nifty likely to maintain positive momentum

31-03-2015| Source:CNBC-TV18

against the yen.Among commodities, crude prices remain under pressure ahead of industry data that is due later today which is likely to show another solid build in the US commercial crude inventories. Brent

Shipping Corp took physical delivery of its very large crude carrier

30-03-2015| Source:Moneycontrol.com

Shipping Corporation of India Ltd has informed BSE that the Company has taken physical delivery of its Very Large Crude Carrier -

See U-shaped recovery in crude; don't short: Barclays  

30-03-2015| Source:CNBC-TV18

Brokerage firm Barclays is overall bearish on the outlook for crude oil and believes that the asset class may perform even poorly if supply from Iran starts flowing in.In an interview to CNBC-TV18

Sell gold & crude: Dharmesh Bhatia  

30-03-2015| Source:CNBC-TV18

Watch the interview of Dharmesh Bhatia of Kotak Commodity Services with Ekta Batra and Anuj Singhal on CNBC-TV18. He spoke about the current trend in commodities markets.

Oil prices down in Asian trade

30-03-2015| Source:PTI

US benchmark West Texas Intermediate for May delivery fell 71 cents to USD 48.16 and Brent crude for May eased 35 cents to USD 56.06 in late-morning trade.

'Oil wealth transfer' to benefit - airlines?: Pro

30-03-2015| Source:CNBC

Crude oil prices fell on Friday but still finished the week higher by 9 percent on the back of fear over unrest in Yemen and the Middle East. Even with this week's pop though, oil is still down more

Oil prices dip as Iran, world powers seek nuclear deal

30-03-2015| Source:Reuters

the attempt could still fall apart.International benchmark Brent crude oil futures were at USD 56.41 a barrel at 0131 GMT, flat with its last settlement after falling five percent on Friday as the market began

Govt may exempt ONGC, OIL from paying subsidy in Q4

27-03-2015| Source:PTI

The upstream subsidy contribution is by way of discount on crude oil they sell to refineries. With international oil prices almost halving to USD 50 per barrel, providing the subsidy discounts would

Global crude oil prices to stabilise soon: FM Jaitley

27-03-2015| Source:PTI

Arabia and its allies on rebels in Yemen. Crude oil prices soared about 5 percent yesterday on fears of impact on supplies.However, the Brent crude prices fell 90 cents to close at USD 58.29 a barrel

Make India energy sufficient, cut imports: PM Modi

27-03-2015| Source:PTI

,238 crore on import of crude oil in 2013-14. He also said that Rs 100 crore in subsidy has been saved by 2.8 lakh people giving up the use of below market price LPG. "This money could be used for schools

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