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 20, 2014 at 10:57 | Source: CNBC-TV18
Credit rating agency Moody's in a recent note has said that it expects credit profile of OMCs to improve over the next 12 months on the back of falling crude prices and subsidy burden.
Aug 19, 2014 at 13:27 | Source: Moneycontrol.com
According to Karvy, MCX Crude Oil prices are expected to trade in a range of Rs 5670-5795
Aug 19, 2014 at 11:43 | Source: Moneycontrol.com
The brokerage sees almost no losses on diesel after September price hike and expects greatest upside for HPCL and BPCL with improving marketing margins. As losses on retail diesel sales are now down to Rs 0.8 per litre, Goldman Sachs estimates it to fall to Rs 0.3 per litre after the price hike on September.
Aug 19, 2014 at 11:05 | Source: CNBC-TV18
Amrita Sen of Energy Aspects says crude prices may fall further if situation in Iraq improves. She says though people are aware of the geopolitical tensions, they are not too worried about its implication on crude prices. As a precautionary measure, investors are not shorting crude
Aug 19, 2014 at 10:02 | Source: Moneycontrol.com
Equity and Debt Mutual Funds advance as both major indices hit historic highs on Monday riding high on positive global cues and a sharp decline in crude oil prices.
Aug 19, 2014 at 08:59 | Source: CNBC-TV18
Oil imports were higher which led to higher trade deficit but that is more because of the Ukraine and Gaza problem that crude was more expensive in the month of June.
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.
Aug 18, 2014 at 19:02 | Source: CNBC-TV18
While the three marketing companies are refusing to share any details before August 29, until when they hold their next fortnightly review; experts say under recovery on diesel could fall to under Re 1 in September.
Aug 18, 2014 at 16:49 | Source: Moneycontrol.com
Maintaining the uptrend for fifth consecutive day, the Nifty ended up 82.55 points at 7874.25 while the Sensex was up 287.73 points at 26390.96. About 1929 shares advanced, 1012 shares declined and 99 shares were unchanged.