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WTI crude at 9-month high, escalating worries: Mecklai

19-06-2013| Source:Moneycontrol.com

According to Mecklai the crude stockpiles have been on a decline in the US which indicates that fresh demand may come and further drive the WTI prices higher. The crude oil inventories reported

Crude prices won't ease; Brent to retest $110/bbl: Barratt  

19-06-2013| Source:CNBC-TV18

The premium at which oil prices are currently trading could be justified based on the nervousness related to Fed meet outcome, but certainly not on account of the recent happenings in Middle East

Fed meet expectations hitting rupee; 60/USD seen: Axis Bank  

19-06-2013| Source:CNBC-TV18

added that expectations from Federal Reserves meeting, which ends tonight is also one key of the reason for rupee's slide. Apart from global factors, huge dollar demand from oil companies and buying

Brent hovers near 10-week high, Fed meeting in focus

18-06-2013| Source:Reuters

."US commercial crude oil stocks are expected to fall due to lower imports, according to a preliminary Reuters poll done on Monday.

Rupee emerges as upside risk to inflation: CRISIL

17-06-2013| Source:Moneycontrol.com

rupee will impact the imported component of inflation, of which crude oil is a major component. CRISIL Research expects crude oil prices (Indian basket) to average around USD103 per barrel in 2013

India cuts Iran oil imports 42%, takes Venezuela and others

17-06-2013| Source:Reuters

India cut its oil imports from Iran by 40 percent till May in 2013. Currently, the country's oil imports from Iran stood at 12.2 percent for May. It replaced those with imports from Venezuela, Iraq

Buy crude oil; trend up: Karvy

17-06-2013| Source:Moneycontrol.com

Brokerage house Karvy Commodities Broking is bullish on Crude oil and has recommended traders to remain on the buying side from the lower levels as prices are expected to remain on an upside trend

IOC hikes petrol prices by Rs 2/ltr effective midnight

15-06-2013| Source:CNBC-TV18

State-owned Indian Oil Corporation (IOC) announced on Saturday evening that it has hiked petrol prices by Rs 2 per litre, effective midnight, reports CNBC-TV18. The hike, IOC added, follows the steep

Expect southward move in crude oil: Astromoneyguru

14-06-2013| Source:Moneycontrol.com

According to Ajay Jain, CEO of astromoneyguru.com, Today Mercury Jupiter and Venus are in Air sign Mithun. As per astro economics this combination may lead profit booking in crude oil in commodity

Crude under pressure; may fall till Rs 5360-5300: Sharekhan

13-06-2013| Source:Moneycontrol.com

Sharekhan has come out with its report on crude oil. According to the research firm, MCX Crude oil is expected to fall till Rs 5360-5300.

Precious, base metals, crude may trade on positive: Angel

12-06-2013| Source:Moneycontrol.com

Angel Commodities has come out with its report on international commodities. According to the research firm, in the evening session, precious metals, base metals and crude oil prices are expected

Sell crude oil, advises Karvy

12-06-2013| Source:Moneycontrol.com

Brokerage house Karvy Commodities Broking is bearish on Crude oil and has recommended traders to remain on sell side in the oil, in its research report dated June 12, 2013.

Brent crude falls towards $102 as US oil inventories climb

12-06-2013| Source:Reuters

Brent crude futures had dropped 60 cents to USD 102.36 a barrel by 0649 GMT, while US oil fell 76 cents to USD 94.62.

Why Anand Rathi is positive on rupee from 1 yr horizon?

11-06-2013| Source:Moneycontrol.com

Fall in commodity prices, particularly crude oil, would bring down India's oil imports. Excluding gold, India has seen current account surplus in eight out of last twelve years. Falling gold prices

Expect Crude oil to fall on higher inventories: Emkay

11-06-2013| Source:Moneycontrol.com

Emkay Commodity Research has come out with its report on precious metals and energy. According to the research firm, crude oil prices are expected to go down as higher inventories due to increased

Weak rupee signals worries for BPCL, HPCL, IOC

11-06-2013| Source:Moneycontrol.com

Oil marketing companies have taken a hit due to teh falling rupee. Since HPCL,BPCL import 70% of their crude requirement, they wil now have to pay significantly higher amount toward buying

Crude oil looks weak: Astromoneyguru

11-06-2013| Source:Moneycontrol.com

As per Astro economics, profit booking may be seen in crude oil and Gaur seeds in commodity market, says Ajay Jain, CEO of astromoneyguru.com

Brent slips toward $104, weak China data hurts demand view

10-06-2013| Source:Reuters

Brent crude dipped toward $104 per barrel on Monday as weak data from top energy consumer China muddied the outlook for oil demand, overshadowing the optimism stemming from a pickup in U

Oil rises as US equities rally on jobs data

08-06-2013| Source:Reuters

Brent crude rose USD 1.21 to USD 104.82 a barrel by 12:05 p.m. EDT (1605 GMT), down from its session high above USD 105 and after going below USD 103. The benchmark was on track to post its strongest

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