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Sep 17, 2014 at 14:32 | Source: Reuters
Many OPEC countries need oil prices above USD 100 a barrel in order to meet their budget needs and analysts say Saudi Arabia, OPEC's biggest producer, could cut production in an effort to support prices. Any production cut by OPEC, due to meet in November, would be the group's first since 2008.
Sep 12, 2014 at 07:52 | Source: Moneycontrol.com
US markets recovered from day's low to end flat as a rebound in crude offsets geopolitical concerns while Asia is quiet in morning trade. In other asset classes, the dollar was steady near its 14-month peak while Brent crude prices saw modest recovery to USD 98 per barrel.
Sep 11, 2014 at 15:12 | Source: Moneycontrol.com
The price of Brent crude fell below the USD 100 a barrel mark for the first time since June 2013 on Monday as data from China and the US pointed to slower economic growth in the worlds largest oil consumers.
Sep 10, 2014 at 12:31 | Source: CNBC-TV18
With geopolitical risks probably on the downside and US oil imports to be almost nil soon, OPEC can stabilise Brent crude prices to USD 100 a barrel, says Seth Kleinman, Head - Energy Strategy at Citi.
Sep 09, 2014 at 20:33 | Source: PTI
Petrol and diesel rates are due for revision on September 15 and there is a possibility of reduction in retail prices if benchmark Brent crude continues to stay below USD 100 a barrel mark, official sources said.
Sep 09, 2014 at 14:57 | Source: Reuters
As the dollar broke to a six-year peak on the yen and a 14-month top against the euro, gold sagged to a three-month trough and Brent oil settled below the USD 100 a barrel mark.
Sep 03, 2014 at 11:16 | Source: Moneycontrol.com
Brent crude prices are at a 16-month low at levels near USD 100 per barrel on the back of strength in dollar index, on slowing demand from Europe and china. OMCs gain in trade as the decline in crude further eases under recoveries.
Aug 21, 2014 at 17:19 | Source: Moneycontrol.com
The ministry of environment and forests has given environment clearance to the subsidiary of Vedanta Resources to raise crude oil production from its prolific Rajasthan block by 50 percent to 300,000 barrels per day.
Aug 20, 2014 at 12:11 | Source: Moneycontrol.com
After consolidating for a few days, crude prices today fell below the key USD 100 per barrel mark, giving rise to expectations that given the recent stability the rupee has witnessed, diesel prices may finally get linked to the market.
Aug 19, 2014 at 08:33 | Source: PTI
Brent North Sea crude for October sank as low as USD 101.16 per barrel, reaching a level last seen on June 26, 2013. It later stood at USD 101.23, down USD 2.30 from Friday's closing level.
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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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