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HPCL plans to buy Iranian crude for the first time since 2012

22-01-2016| Source:Reuters

Hindustan Petroleum Corp (HPCL) plans to import crude from Iran this year for the first time since 2012, its refineries head said, which could make it the first company to resume purchases since

Cairn India Q3 profit tanks 98.7% on EBITDA, forex impact

22-01-2016| Source:Moneycontrol.com

Revenue declined 9 percent sequentially to Rs 2,039.5 crore from Rs 2,242.1 crore, primarily due to a 13 percent fall in crude oil prices and increase in discount to Brent for Rajasthan crude to USD

Oil rises 7% above $31 as cold snap boosts demand

22-01-2016| Source:CNBC

Crude futures were poised for their first weekly gain this year, but analysts said there had been no shift in the fundamental backdrop of supply that far exceeds demand and swelling inventories

Oil prices to average $33/barrel on low demand: Moody's

22-01-2016| Source:PTI

The rating agency estimates crude oil prices to average USD 33 per barrel in 2016, USD 10 lower than its previous estimate and expects rates rising by USD 5 a barrel each in 2017 and 2018.

Govt may further hike excise on petrol, diesel before Budget

22-01-2016| Source:PTI

"Falling crude oil price provide us a headroom for increasing excise duty on petrol and diesel. It will help in meeting fiscal deficit target of 3.9 percent for the current fiscal," said

Oil rises 5% to above $30 as cold weather pushes demand

22-01-2016| Source:Reuters

While crude futures on both sides of the Atlantic were poised for their first weekly gain this year, analysts cautioned that the bounce in prices could be driven by sentiment given soaring

Expect Crude Oil prices to trade sideways today: Angel

22-01-2016| Source:Moneycontrol.com

Angel Commodities report on Crude OilCrude OilWTI oil prices rose by around 10 percent on Thursday to close at $29.53 their biggest daily gain this year, as rallying financial markets gave some

Sell gold, buy crude & copper: Hitesh Jain  

22-01-2016| Source:CNBC-TV18

Watch the interview of Hitesh Jain of IIFL with Ekta Batra and Latha Venkatesh on CNBC-TV18. He spoke about the current trend in commodities markets.

Companies reacting swiftly to oil rout a positive: Analyst

22-01-2016| Source:CNBC

slumped 70 percent since they started their extended decline in the summer of 2014 with both US WTI light sweet crude and European Brent moving just below USD 30 a barrel in Asian hours on Friday after

Buy crude & sell gold: Kunal Shah  

22-01-2016| Source:CNBC-TV18

Watch the interview of Kunal Shah of Nirmal Bang Commodities with Latha Venkatesh and Sonia Shenoy on CNBC-TV18. He spoke about the current trend in commodities markets.

IndiGo growth story robust despite tepid Q2 numbers: CAPA's Kaul  

22-01-2016| Source:CNBC-TV18

Kaul says the quarterly performance was hit by a couple of one-off factors, but there is no threat to Indigo's profitability as long as crude prices stay low.

US crude prices stabilize after jumping from 2003 lows

22-01-2016| Source:Reuters

Front-month West Texas Intermediate (WTI) crude futures CLc1 were trading at USD 29.82 per barrel at 0056 GMT (1956 EDT), up 29 cents from their last settlement and over USD 3.50 above 2003 lows

Nifty may open up;ECB stimulus hope lifts mood across global mkt

22-01-2016| Source:Moneycontrol.com

, as investors cheered the ECB president's pledge to review its monetary policy at its next meeting.In commodities, crude prices surged, with Brent trading around USD 30 per barrel, as rallying financial markets

Asia stocks up after ECB signals easing, oil extends rally

22-01-2016| Source:Reuters

Asian stocks gained early on Friday, after the markets were given some breathing space when the European Central Bank hinted of more monetary policy easing, while crude oil extended an overnight

GST important to propel FY17 growth: Adi Godrej  

21-01-2016| Source:CNBC-TV18

is not implemented by the government, he says. Speaking from the sideline of World Economic Forum in Davos, Switzerland, Godrej says that lower crude prices have aided the company's bottomline growth, but the topline

Mkt could bottom at 7000-7200 level; like aviation: Mavani  

21-01-2016| Source:CNBC-TV18

in 2016. IndiGo, which reported its first earnings post the intial public offering in 2015, will give further leg-up in the current year, he says adding that falling crude prices will continue to aid

Sensex ends below 24K for 1st time since May 2014, down 100 pts

21-01-2016| Source:Moneycontrol.com

Weak Asian cues and fall in crude oil prices dampened sentiment but recovery in Europe helped Indian equities trim losses in later part of the trading session.

IOC doubles crude oil buy from Nigeria on term contract

21-01-2016| Source:PTI

The nation's largest refiner, IOC buys some 8 million tons a year of crude oil from Nigeria. Most of it is bought from spot or current markets where prices are subject to extreme volatilities.

India to increase oil imports from Africa

21-01-2016| Source:PTI

India is looking at raising crude oil imports from Africa as part of efforts to diversify sourcing of energy and reducing dependence on the Middle East, Oil Minister Dharmendra Pradhan said

Invest if you have atleast two years: Angel Broking

21-01-2016| Source:Moneycontrol.com

the market is being ruled by global volatility and crude prices and nobody has any clue where the duo are headed, which perhaps are the key reasons behind the soft market.Hence, Joshi says, investors who have

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