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Domestic crude steel output jumps 6.8% to 8.3 MT in Sep

22-10-2017| Source:PTI

Domestic crude steel production rose by 6.8 per cent to 8.39 million tonnes (mt) in September 2017 compared to 7.86 mt in the same month last year, according to the official data.

ONGC plans to raise oil output by 4 MT by 2020

22-10-2017| Source:PTI

ONGC has drawn a blueprint to raise crude oil production by 4 million tonne (MT) and almost double natural gas output by 2020 to meet Prime Minister Narendra Modi's target of cutting India

Crudes last hurrah! Why $60 a barrel is just a dream


Vinod SharmaCrude prices have surged above the USD 52 mark as President Trump refused to certify that Iran is following the spirit of the 2015 Nuclear agreement. This puts the 2015 accord in jeopardy.Crude

Oil rises on tighter fundamentals, but China warning holds back market

20-10-2017| Source:Reuters

Brent crude futures, the international benchmark for oil prices, were at $57.39 at 0420 GMT, up 16 cents, or 0.28 percent from their last close.

Oil prices edge up on signs of tightening market

20-10-2017| Source:Reuters

Brent crude futures , the international benchmark for oil prices, were at $57.31 at 0027 GMT, up 8 cents, or 0.1 percent, from their last close.

Oil slips but holds most recent gains on expected OPEC cuts

19-10-2017| Source:Reuters

Brent crude fell by $1.13 a barrel to a low of $57.02 before recovering a little to $57.30 by 1345 GMT. The global benchmark was still about 30 percent above its mid

Global oil demand will pass 100 million barrels per day by 2020, says OPEC's Mohammad Barkindo

19-10-2017| Source:CNBC

barrel mark, however, with benchmark Brent crude futures currently fetching $57.46 per barrel and West Texas Intermediate (WTI) for November delivery at $51.36 on Thursday.

Oil prices rise on tighter US market, Middle East tensions

18-10-2017| Source:Reuters

Brent crude futures, the international benchmark for oil prices, were at $58.27 at 0314 GMT, up 39 cents, or 0.7 percent from their last close - and a third above mid-year levels.

Buy crude, silver: Sumeet Bagadia of Choice Broking  

17-10-2017| Source:CNBC-TV18

In an interview to CNBC-TV18's Manisha Gupta, Sumeet Bagadia of Choice Broking shared his views on the trends in the commodity space.

Newest outpost for US crude exports: India

17-10-2017| Source:Reuters

U.S. exports recently set a weekly record with nearly 2 million barrels of crude a day sent overseas. But shipments to India have been rare, with just a few deliveries since the U.S. lifted its ban

Oil prices firm as Iraq tensions escalate, shares extend rally

17-10-2017| Source:Reuters

.Although production resumed shortly thereafter, concerns about supply disruptions and further escalations in the confrontation between Baghdad and the Kurds kept investors on edge.U.S. crude traded at $51.85 a barrel

Oil jumps on fears of new Iran sanctions, Iraq conflict

16-10-2017| Source:Reuters

International Brent crude futures were at $57.82 at 0645 GMT, up 65 cents, or 1.1 percent, from the previous close.

Hillary Clinton accuses WikiLeaks of blunting impact of crude Trump tape

16-10-2017| Source:PTI

The former secretary of state's devastating election loss to Trump remains raw and she again lashed out at WikiLeaks founder Julian Assange and his alleged role in damaging her candidacy.

Markets@record highs! Investors wealth rose by Rs 6 lakh crore in October


The rally is on the backdrop of favourable macroeconomic data and strong global cues and ease in geopolitical tensions; however, strength in crude does pose a concern for Indian macros

Oil edges up as lower US production, inventories point to tighter market

13-10-2017| Source:Reuters

Oil prices edged up on Friday as both U.S. crude production and inventories declined, pointing towards a tightening market.With the Organization of the Petroleum Exporting Countries (OPEC) leading a

Oil prices drop on rising US crude inventories, OPEC seen to extend cuts

12-10-2017| Source:Reuters

Oil prices eased on Thursday as US fuel inventories rose despite efforts by OPEC to cut production and tighten the market.US West Texas Intermediate (WTI) crude futures were trading at $51.08 per

Oil up on signs of tighter market, but 2018 looks more uncertain

11-10-2017| Source:Reuters

U.S. West Texas Intermediate (WTI) crude futures were trading at $51.07 per barrel at 0127 GMT, up 15 cents, or 0.3 percent), from their last settlement. Their 2 percent rise the day before

Satisfied with level of conformity of supply adjustments by countries: OPEC's Secretary General  

10-10-2017| Source:CNBC-TV18

Watch CNBC-TV18's Manisha Gupta in conversation with OPEC's Secretary General, Mohammed Barkindo, where he spoke about the output cut and his view on crude. He spoke from

IOC buys new US crude grades for December delivery: Sources

10-10-2017| Source:Reuters

IOC bought 1 million barrels each of U.S. Southern Green Canyon (SGC) and WTI Midland crude likely from a Chinese trader, the people said, speaking on condition of anonymity. The purchase

Oil prices stable as OPEC says market is rebalancing

10-10-2017| Source:Reuters

U.S. West Texas Intermediate (WTI) crude futures were trading at $49.66 per barrel at 0054 GMT, up 8 cents, or 0.16 percent, from their last close.

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