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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

Sensex snaps 7-day fall; banks lead, Bharti & Idea tank


.Global markets were mixed today. Oil prices headed southward once again as concerns over closure of a key oil shipping route near Yemen eased. Brent crude fell more than a percent to USD 58.5 a barrel and NYMEX

Yemen woe short-term, may not impact oil price: Crossbridge

27-03-2015| Source:CNBC-TV18

added to the volatility. Oil prices fell in Asia on Friday, cutting short a rally as investors weighed the potential for disruptions in Middle East supplies caused by the Yemen crisis and a global crude

India should try to cut oil imports by 10% in 2022: Modi

27-03-2015| Source:Reuters

India imports about 80 percent of its daily crude oil requirements, making it a major contributor to the country's import bill.

India may rid ONGC, Oil India from paying subsidy in March

27-03-2015| Source:Reuters

India regulates retail prices of liquefied petroleum gas and kerosene to keep prices under check, with producers like ONGC and Oil India selling crude and related products to fuel retailers at a

We're going to run out of places to store oil: Citi analyst  

27-03-2015| Source:CNBC-TV18

The ongoing conflict between Saudi Arabia and Yemen may have resulted in oil prices flaring up suddenly in the past few days but it is not going to be a turning point for crude, according to Seth

Oil prices in Asia slip after recent gains

27-03-2015| Source:PTI

US benchmark West Texas Intermediate for May delivery fell 83 cents to USD 50.60 and Brent crude for May eased 75 cents to USD 58.44 in late-morning trade.

Unseasonal rains, crude spike key risks for market: Sanger  

27-03-2015| Source:CNBC-TV18

are unseasonal rains and a likely spike in crude prices.Below is the transcript of Arvind Sanger’s interview with Latha Venkatesh and Sonia Shenoy.Latha: What is the sense you have got of the big Indian fall

Oil headed higher but not on geopolitical concerns: Analyst  

26-03-2015| Source:CNBC-TV18

Crude prices have bounced sharply in the past few days amid geopolitical concerns in the Middle East -- Saudi Arabia carried out strikes in Yemen.Discussing the situation wtih CNBC-TV18's Menaka

Geopolitical woes unlikely to boil crude majorly: Analyst  

26-03-2015| Source:CNBC-TV18

Crude prices have spiked a bit in the past few days after Saudi Arabia launched airstrikes in Yemen. But in an interview with CNBC-TV18's Anuj Singhal and Ekta Batra, David Lennox, Analyst at Fat

Buy MCX Crude oil Apr; target of Rs 3117/3163: Way2Wealth


Way2Wealth has recommended to buy MCX Crude oil April around Rs 3075 with a stop loss of Rs 3030 for the target price of Rs 3117/3163, in its research report dated March 26, 2015.

Trend looks positive on crude; buy on dips: Navneet Damani  

26-03-2015| Source:CNBC-TV18

Watch the interview of Navneet Damani of Motilal Oswal Commodities with Ekta Batra and Anuj Singhal on CNBC-TV18. He spoke about the current trend in commodities markets.

Nifty struggles below 8500; rupee falls too, GSPL soars 5%


The market plunged on expiry day, infact extended losses into the seventh consecutive session. The rupee and bond markets too declined, reacting to the spike in brent crude prices.

Oil prices surge after Saudi air strikes in Yemen

26-03-2015| Source:Reuters

Brent crude oil prices shot up nearly 6 percent on Thursday after Saudi Arabia and its Gulf Arab allies began a military operation in Yemen, although Asian importers said they were not immediately

Oil to reach $100 a barrel by end of 2016: T Boone Pickens

25-03-2015| Source:Reuters

Oil prices have fallen sharply amid weaker Asian and European demand and a boom in North American production. US crude futures have dropped more than 60 percent since highs last summer and were

Sell gold, silver & buy crude: Ravindra Rao  

25-03-2015| Source:CNBC-TV18

Watch the interview of Ravindra Rao of Anand Rathi Commodities with Sonia Shenoy and Anuj Singhal on CNBC-TV18. He spoke about the current trend in commodities markets.

Expect Crude Oil prices to trade lower: Angel


Angel Commodities' report on Crude oilEnergyCrude OilOn Tuesday, WTI crude oil prices rose marginally by 0.1 percent while Brent oil declined by 1.4 percent as the dollar regained its strength

Oil prices steady, but inventory build drags

25-03-2015| Source:Reuters

Brent oil futures were trading at USD 55.13 a barrel at 0229 GMT and US WTI crude was at USD 47.48 a barrel - both virtually unchanged from their last settlement.

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