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Govt may re-impose customs duty on crude oil imports

28-01-2016| Source:PTI

The government had cut customs duty on crude oil imports to zero from 5 percent in June 2011 when rates zoomed to over USD 100 per barrel. But with oil prices hovering at USD 30 a barrel now

Buy crude, sell gold: Ravindra Rao  

28-01-2016| Source:CNBC-TV18

Watch the interview of Ravindra Rao of Anand Rathi Commodities with Ekta Batra and Latha Venkatesh on CNBC-TV18. He spoke about the current trend in commodities markets.

Oil down in Asia on US stockpiles jump

28-01-2016| Source:PTI

Oil prices tumbled in Asia today after US commercial crude stockpiles climbed to a record level, further stoking worries about a global oversupply of the commodity. Prices had closed higher over

World Bank lowers forecast for oil prices

28-01-2016| Source:PTI

In its latest Commodity Markets Outlook released yesterday, the World Bank lowered the forecast of crude oil from USD 51 per barrel in its October projections to USD 37 per barrel.

Three reasons the oil bottom is not in yet: Citigroup's Morse

28-01-2016| Source:CNBC

Ed Morse was one of the first analysts to correctly forecast oil falling into the USD 20s, and he sees three reasons why it could push even lower than US crude's intraday low of USD 26.19 last week.

Oil falls back after jumping on hopes of Russia,OPEC cooperation

28-01-2016| Source:Reuters

US crude had declined 33 cents to USD 31.97 a barrel by 0112 GMT. It settled the previous session up 85 cents at USD 32.30 a barrel, a 2.7-percent gain.

Slowing emerging markets hamper oil recovery: World Bank

27-01-2016| Source:PTI

Crude oil in 2016 is projected to come in at USD 37 a barrel, down from its October estimate of USD 51, the World Bank said in a new quarterly report.

Buy gold, sell crude: Aurobinda P Gayan  

27-01-2016| Source:CNBC-TV18

Watch the interview of Aurobinda Prasad Gayan of Kotak Commodities with Ekta Batra and Latha Venkatesh on CNBC-TV18. He spoke about the current trend in commodities markets.

Buy gold & crude: Naveen Mathur  

27-01-2016| 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.

China, market turmoil may steer Fed off its course

27-01-2016| Source:CNBC

slowest pace in 25 years. Meanwhile, crude oil prices have plunged to fresh 12-year lows below $30 a barrel, prompting fears of a global recession.That presents an inclement backdrop for the Fed, whose

World steel output drops after 5 years rise

26-01-2016| Source:PTI

points to 49.5 percent. "Crude steel production decreased in all regions except Oceania in 2015." the WSA said following the first overall annual drop since 2009, when overall output stood at 1.24 billion

HSBC revises 2016 crude price down again, sees at $45 a barrel

26-01-2016| Source:PTI

The brokerage has also revised downward its price projections for the fuel to USD 60 for 2017 from USD 70, and at USD 75 by 2018 from USD 80 noting that crude prices have halved since mid-2015

Oil extends slide to below USD 30 as oversupply worries return

26-01-2016| Source:Reuters

Crude futures fell on Tuesday, dropping below $30 a barrel and extending the previous day's losses by more than 2 percent, as fresh worries about oversupply from top producers Saudi Arabia

Sell-off leaves equity investors poorer by Rs 7.9L cr in Jan

26-01-2016| Source:PTI

was hit mostly by renewed global sell-off on worries driven by volatility in crude oil, which slid below USD 28 per barrel

Oil falls 3% on swelling oversupply

25-01-2016| Source:Reuters

last week.Brent crude, the global benchmark, was down 84 cents at USD 31.34 a barrel at 1122 GMT, losing 2.6 percent from its closing price on Friday, when Brent surged 10 percent.US crude traded 95

Buy crude, copper & silver: Kunal Shah  

25-01-2016| Source:CNBC-TV18

Watch the interview of Kunal Shah of Nirmal Bang Commodities with Reema Tendulkar & Nigel D'Souza on CNBC-TV18. He spoke about the current trend in commodities markets.

Oil prices extend rise above $32 in Asia on demand hopes

25-01-2016| Source:PTI

the weekend as demand for heating oil rose. However, some analysts remain wary of calling a bottom, especially with Iranian crude poised to return to the market within months following the lifting of western

Buy gold, crude: T Gnanasekar  

25-01-2016| Source:CNBC-TV18

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

Buy gold & crude: Ravindra Rao  

25-01-2016| Source:CNBC-TV18

Watch the interview of Ravindra Rao of anand rathi commodities with Latha Venkatesh and Sonia Shenoy on CNBC-TV18. He spoke about the current trend in commodities markets.

India in a sweet spot; see crude prices bottoming out: Vedanta  

25-01-2016| Source:CNBC

that Vedanta is at a comfortable position on Zinc and crude oil prices are also close to bottoming out.

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