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Feb 28, 2015 at 10:29 | Source: Moneycontrol.com
Oil marketing companies (OMCs) are under pressure. CLSA sees the Budget to be negative for refiners as every 1 percent increase in duty will pull down gross refining margins by USD 0.3 per barrel. Both HPCL and BPCL are down 1-2 percent.
Feb 24, 2015 at 10:34 | Source: PTI
A closely watched report on US weekly crude stockpiles is next due tomorrow, with a Media News survey saying inventories are expected to rise by 3.75 million barrels. US oil stockpiles are already at their highest level on record at this time of year.
Feb 19, 2015 at 00:52 | Source: Reuters
The S&P 500 was down 1.5 percent, with US crude oil falling 2.6 percent to settle at USD 52.14 a barrel.
Feb 17, 2015 at 14:38 | Source: CNBC
Brent oil prices have managed to rally over USD 61 a barrel, the highest since December, off the lows under USD 49 touched last month, but they remain sharply down from their level over USD 115 a barrel in mid-June of last year.
Feb 17, 2015 at 14:17 | Source: Reuters
Benchmark Brent crude futures were trading up 50 cents at USD 61.90 a barrel by 0420 GMT, while US WTI crude had risen 26 cents to USD 53.04 a barrel.
Feb 16, 2015 at 08:51 | Source: CNBC-TV18
The company paid Rs 9,458 crore in fuel subsidy during the quarter when its average crude oil price realisation fell to USD 76 per barrel from USD 108.19 in October-December 2013.
Feb 15, 2015 at 13:38 | Source: PTI
The predominantly North-East focused oil producer got USD 74.93 per barrel in the third quarter this fiscal as opposed to USD 108.11 per barrel a year earlier.
Feb 14, 2015 at 14:24 | Source: CNBC
While oil experts still expect a period of major volatility ahead, a growing number are more upbeat that prices could edge towards the USD 100-per-barrel level by year-end.
Feb 13, 2015 at 17:55 | Source: Reuters
Crude processing at the 300,000-barrel-per-day (bpd) east coast refinery will begin in two months, Indian Oil's head of refinery Sanjiv Singh told reporters after the company announced its December-quarter results.
Feb 13, 2015 at 08:32 | Source: CNBC
WTI crude oil ended a two-day losing streak by closing up 4.9 percent at USD 51.21 a barrel on the New York Mercantile Exchange. Energy was the third-best performing sector on the S&P 500.
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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 2014

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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 2014

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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 2014

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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 2014

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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 2014

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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 2014

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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 2014

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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 2014

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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 2014

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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 2014

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