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Essar Oil, MRPL, IOC pay $700 mn to Iran towards oil dues

13-10-2015| Source:PTI

. The dues to Iran on crude oil that refiners buy have accumulated as western sanctions blocked payment routes since 2013. Since February 2013, refiners like MRPL and Essar Oil have been paying 45 per cent

Analysts predict lower oil prices in Q4: Vandana Hari  

13-10-2015| Source:CNBC-TV18

of volatility and decline for more than a year now, with benchmark Brent crude falling from a peak price of USD 114 a barrel in June 2014 to trade around USD 50 a barrel this week.Vandana Hari, Asia Editorial

SpiceJet soars 18%, Ajay Singh says to improve growth in Q3


Singh added that the airline company will be able to sustain high occupancy. However, lower crude price has aided the company which was struggling for existence in December last year.

Oil demand growth to slow, IEA says, but is OPEC listening?

13-10-2015| Source:CNBC

, which the IEA also put down to "downgrades to the macro-economic outlook," OPEC – the 12-member oil group led by Saudi Arabia – doesn't appear to be concerned as it has increased its crude

Sell gold & buy crude: Kunal Shah  

13-10-2015| Source:CNBC-TV18

Watch the interview of Kunal Shah of Nirmal Bang Commodities and Kishore Narne of Motilal Oswal Commodity Broker with Ekta Batra and Anuj Singhal on CNBC-TV18. They spoke about the current trend in commodities markets.

Expect Crude oil prices to trade negative: Sushil Finance


According to Sushil Finance, expect crude oil prices to trade negative on the back of profit booking after sharp rise in prices.

Buy gold, copper & sell crude: Kishore Narne  

13-10-2015| Source:CNBC-TV18

Watch the interview of Kishore Narne of Motilal Oswal Commodity Broker with Latha Venkatesh and Sonia Shenoy on CNBC-TV18. He spoke about the current trend in commodities markets.

Will stick to large cap IT; like PSU oil cos: Motilal AMC  

13-10-2015| Source:CNBC-TV18

feels crude prices will remain in a band between USD 40-70 for a considerable period of time.

Higher tax may hurt HUL Q2 profit, volume growth seen lower  


linked to crude price is seen to be aiding margins expansion. Analysts polled by CNBC-TV18 feel gross margins may expand 300-350 basis points due to fall in commodities. EBITDA margins are liekly to expand

JSW Steel's crude steel production slips at 3.25 MT for Q2

12-10-2015| Source:PTI

Steel major JSW Steel today said its crude steel production was lower at 3.25 million tonnes (MT) for the second quarter for the FY 2015-16. "Our crude steel production for the quarter ended

Kuwait to produce 4m barrels of oil daily by 2020: Official

12-10-2015| Source:PTI

The state-run Kuwait News Agency also quoted al-Omair as saying Kuwait's production now stood at 3 million barrels of oil a day and that any US decision to export crude oil wouldn't have an impact

No cash flow issues; IndiGo IPO to rerate sector: SpiceJet  

12-10-2015| Source:CNBC-TV18

it reported a year ago. The significant fall in crude prices, an input for the low-cost carrier, will aid numbers, he explains.The company beat market leader IndiGo and all other airlines with a passenger load

JSW Steel's crude steel production at 3.25mn tons for Q2FY15-16


JSW Steel reports crude steel production at 3.25 million tons for Q2 FY2015-16.

Buy gold & crude: T Gnanasekar  

12-10-2015| Source:CNBC-TV18

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

Buy gold, crude & copper: Ravindra Rao  

12-10-2015| Source:CNBC-TV18

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

Oil prices extend gains in Asian trade

12-10-2015| Source:PTI

Both main crude contracts have rallied since hitting six-year lows in late August, with last week seeing healthy rallies in line with global equities on easing expectations the US Federal Reserve

Oil edges up on lower US rig count, weaker dollar

12-10-2015| Source:Reuters

Intermediate (WTI) crude futures CLc1 were trading at USD 49.79 per barrel at 0008 GMT, up 16 cents from their last settlement. Internationally traded Brent futures LCOc1 were up 11 cents at USD 52.76 a barrel

Earnings from Infosys & TCS, macro data to set market trend

11-10-2015| Source:PTI

earnings, macroeconomic data, trend in global markets, movement of the rupee against the dollar and crude oil price will decide the trend on the bourses this week," said Vijay Singhania, Founder Director

Asian refiners face lower margins: Fitch


believes that, the industry environment will be challenging with volatile crude-oil prices.

Tata Steel sales up 10% at 2.33 MT in Jul-Sept

10-10-2015| Source:PTI

months of 2014-15. Crude steel production was 2.51 MT in Q2 2015-16 up by 11 percent year-on-year and 4.85 million tonnes in the first six months of this fiscal, a growth of 5 percent y-o-y.Tata Steel

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