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Oil prices tumble 5% after producers fail to coordinate output

18-04-2016| Source:Reuters

International benchmark Brent crude futures were trading at USD 40.86 per barrel at 0029 GMT, down 5.2 percent since their last settlement.

Don't see huge tumble in crude; seasonal weakness likely: Pros  

18-04-2016| Source:CNBC-TV18

Brent crude oil won't tumble below USD 30 a barrel because of failed Doha talks, say Edward Morse, Global Head-commodities at Citi and Mark Keenan, Head of Commodity Research-Asia, Societe Generale.

Oil meeting in Qatar ends without freeze as Iran absent

18-04-2016| Source:PTI

The hourslong meeting in Doha, the Qatari capital, resembled a failed OPEC meeting in December that saw crude oil prices tumble on the cartel's indecision.

Oil freeze deal faces trouble as Saudi-Iran tensions spike

17-04-2016| Source:Reuters

designed to bolster the flagging price of crude.According to two sources, Saudi Arabia said it wanted all OPEC members to participate in the talks, despite insisting earlier on excluding its regional arch

Swaraj meets Iranian counterpart; reviews bilateral ties

17-04-2016| Source:PTI

.India is also keen to increase oil imports from Iran from current 350,000 barrels a day.Recently, Iran has ended free shipping of crude oil to India and has terminated a three-year-old system of getting paid

Kuwait oil workers begin open-ended strike

17-04-2016| Source:PTI

. Yesterday, the union turned down an appeal from Kuwait's acting oil minister, Anas al-Saleh, to call off the strike. Hit by the sharp drop in crude prices on world markets, Kuwait is introducing a new payroll

China's crude steel output hits record high in March

15-04-2016| Source:Reuters

China's crude steel output hit a record high of 70.65 million tonnes in March, data showed on Friday, as a rally in steel prices and a seasonal pick-up in demand encouraged steel mills in the world

Oil trades cautiously ahead of crunch producers' summit

15-04-2016| Source:PTI

Oil prices rose slightly in Asia today after the International Energy Agency (IEA) said it saw the crude supply glut easing by year's end, but trading was cautious ahead of a crunch producers' summit

Asia subdued before oil producers' meeting

15-04-2016| Source:Reuters

in pessimism over the Chinese economy and an earlier surge in crude oil prices.Stocks have gained globally this week against this backdrop, with the S&P 500 reaching its highest point so far this year

Oil dips as IEA sees global glut dwindling

15-04-2016| Source:PTI

West Texas Intermediate (WTI) for delivery in May fell 26 cents to USD 41.50 a barrel on the New York Mercantile Exchange.In London, Brent North Sea crude for June delivery, the international benchmark

OPEC warns on oil 'oversupply' ahead of crunch Doha meeting

13-04-2016| Source:PTI

OPEC warned today that the world remains awash with crude ahead of a crunch meeting in Doha between cartel members and other major producers to discuss a production freeze to boost the oil price

Buy gold, copper & crude: Navneet Damani  

13-04-2016| 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.

Saudi oil minister rules out crude output cut: Report

13-04-2016| Source:CNBC

Saudi oil minister Ali al-Naimi ruled out a crude output cut in comments made to Saudi-owned al-Hayat newspaper published on Wednesday."Forget about this topic," he told the paper, when asked about

Buy gold & crude: Naveen Mathur  

13-04-2016| Source:CNBC-TV18

Watch the interview of Naveen Mathur of Angel Commodities with Latha Venkatesh and Sonia Shenoy on CNBC-TV18. He spoke about the current trend in commodities markets.

Oil takes breather in Asia

13-04-2016| Source:PTI

.81 percent, at USD 41.83. Brent crude for June delivery, the European benchmark, was trading 19 cents, or 0.43 percent, lower at USD 44.50 a barrel.Prices were up on Monday and Tuesday after surging eight

Rupee to stay in range of 66.15-66.85/USD: Bansi Madhavani

13-04-2016| Source:CNBC-TV18

Global cues to watch for are crude oil price movement and dollar trajectory, says Bansi Madhavani, India Rating.

Crude rally is a hope rally, may not sustain itself: ANZ  

13-04-2016| Source:CNBC-TV18

Oil prices on Tuesday rallied and hit a high for the year on back of news that major oil producers would agree to freeze output at a meeting on Sunday.Currently, crude is trading at around USD 44 a

Oil prices fall on profit-taking, oversupply worries

13-04-2016| Source:Reuters

Brent crude had dropped 37 cents to USD 44.32 a barrel as of 0037 GMT, after hitting a four-month high in the previous session, when it settled up USD 1.86, or 4.3 percent.

Asia markets higher; ASX up 1.2%, Nikkei rises 1.4%

13-04-2016| Source:CNBC

.50 overnight.Oil prices advanced overnight, with Brent futures adding 4.3 percent to USD 44.69 a barrel, while US crude futures advanced 4.48 percent to USD 42.17.Major US indexes closed up overnight

Buy crude & sell lead: Sumeet Bagadia  

12-04-2016| Source:CNBC-TV18

Watch the interview of Sumeet Bagadia of Choice Broking with Reema Tendulkar and Latha Venkatesh on CNBC-TV18. He spoke about the current trend in commodities markets.

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