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Dec 19, 2014 at 07:58 | Source: Reuters
Brent had ended Thursday $1.37 lighter at $59.81 a barrel, while U.S. crude was hovering around $54.88 after losing more than $2
Dec 18, 2014 at 22:00 | Source: PTI
As per ICRA's estimates, the subsidy burden on PSU upstream companies is expected to decrease to Rs 28,000-34,000 crore by FY16 as the overall GURs are projected to decline to Rs 56,000 crore during the year at crude oil price of USD 70 per barrel considering Rs 63 a dollar.
Dec 16, 2014 at 16:39 | Source: Moneycontrol.com
Investors were also hurriedly buying shares of Jet Airways on hopes of lower aviation turbine fuel (ATF) price as Brent crude oil prices fell over USD 1 per barrel and below USD 60 for the first time since July 2009.
Dec 16, 2014 at 16:18 | Source: CNBC-TV18
According to Jahangir Aziz, chief economist, JPMorgan low crude prices would be a massive positive for Indian current account deficit, even if it were to trade at USD 80/barrel.
Dec 16, 2014 at 15:20 | Source: Moneycontrol.com
Low crude prices will help oil marketing companies reduce underrecoveries on sale of subsidised kerosene and LPG gas. These companies have already been earning income on petrol and diesel as Brent crude fell nearly 48 percent from June when the price was USD 115 a barrel.
Dec 16, 2014 at 14:00 | Source: Reuters
Brent crude oil prices fell over USD 1 per barrel and below USD 60 for the first time since July 2009 in early European trading on Tuesday as Chinese factory activity slowed and stumbling emerging market currencies dented demand expectations.
Dec 16, 2014 at 08:22 | Source: CNBC-TV18
The OMCs have not passed on the entire benefit to consumers as they are retaining the cushion to make up for losses which have been made on crude inventories as these companies had also purchased crude when prices were much higher- almost over USD 100 per barrel.
Dec 16, 2014 at 08:03 | Source: CNBC
US crude futures were trading on Tuesday below USD 56 a barrel and near a 5-year low hit in the prior session, dropping for a fifth session after the UAE oil minister said there was no need for an emergency OPEC meeting to support prices.
Dec 15, 2014 at 15:01 | Source: CNBC-TV18
According to Nick Parsons of National Australia Bank crude prices are likely to stabilise around the current levels of USD 62 per barrel for the next few months.
Dec 15, 2014 at 12:12 | Source: Reuters
Brent for January delivery LCOc1 was at USD 62.05 a barrel at 0425 GMT (11:25 p.m. EST), up 20 cents from its Friday's settlement but 90 cents below the intra-day high of USD 62.95 a barrel.
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EXPERT CALLS

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Commodities  

Libyan rebels agreed to open two of its ports for oil exports last week. The Es Sider and Ras Lanuf terminals have a capacity to export up to 560,000 barrels of oil a day, nearly half of the country`s oil exports.

3.54 PM Jul 8th

EXPERT CALLS

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Elsewhere, on the ICE Futures Exchange in London, Brent oil for August delivery shed 0.48%, or 53 cents, to trade at $109.71 a barrel, the lowest since June 11, as worries over potential supply disruptions in the Middle East continued to subside.

3.54 PM Jul 8th

EXPERT CALLS

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The American Petroleum Institute will release its inventories report later in the day, while Wednesday’s government report could show crude stockpiles fell by 2.7 million barrels in the week ended July 4.

3.53 PM Jul 8th

EXPERT CALLS

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New York-traded oil futures were likely to find support at $103.12 a barrel, the low from June 10 and resistance at $105.53 a barrel, the high from July 2.

3.53 PM Jul 8th

EXPERT CALLS

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Commodities  

On the New York Mercantile Exchange, crude oil for delivery in August dipped 0.11%, or 12 cents, to trade at $103.42 a barrel during European morning hours. Futures held in a range between $103.35 and $103.57 a barrel.

3.53 PM Jul 8th

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CRUDEOIL  

Source:NDTV Profit - Singapore: Brent crude slipped below $110 a barrel on Tuesday, trading close to its lowest in nearly a month, as fears of supply disruption in Iraq eased and prospects for a rise in Libyan exports improved. The benchmark is headed for a seventh

12.27 PM Jul 8th

Wermacht

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Reliance  

Modernisation of defense !!!! He can begin with rifling the barrel of the Revolver (.22) sold by Jabalpur Gun Factory. Antique technology - non effective at 30 feet.

1.32 PM Jul 7th

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Essar Oil  

Source:NDTV Profit - New Delhi: Essar Oil is operating its 400,000 barrels per day (bpd) refinery at Vadinar at half of its capacity due to repair works at a pipeline linked to its crude unit, a company spokesman said. The reduced throughput took place on Saturday and the

12.06 PM Jul 7th

nimbagal

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Suzlon Energy  

energy conference. Mr. Tanti estimates that wind will remain competitive as long as the price of crude oil remains above $40 a barrel. To remain competitive at prices below $40 a barrel, wind energy may require subsidies or carbon taxes on oil and other fossil fuels. Given current trends in energy

7.21 PM Jul 6th

nicknamecha
nged7662

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Commodities  

Crude Oil was down $0.71 to $103.77 per barrel. Natural Gas was up $0.01 to $4.36 per 1 million BTU. Gold was down $10.50 to $1,320.10 an ounce while Silver was down $0.13 to $21.17 an ounce. Copper was up $0.01 to $3.28 per pound.

7.24 PM Jul 4th

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Dec 18, 2014 at 20:02 | Source: BBC
Dec 18, 2014 at 20:02 | Source: BBC