Jul 30, 2015 at 13:59 | Source: Moneycontrol.com
Way2Wealth has recommended to buy MCX Crude oil Aug around Rs 3117 with a stop loss of Rs 3053 for the target price of Rs 3210, in its research report dated July 30, 2015.
Jul 30, 2015 at 10:43 | Source: PTI
US benchmark West Texas Intermediate (WTI) for September delivery was up 13 cents at USD 48.92 and Brent crude gained 32 cents to USD 53.70 a barrel in late-morning trade
Jul 30, 2015 at 10:14 | Source: Moneycontrol.com
As benefits of lower raw material costs kick in, earnings growth can see meaningful upgrades over 12 months.
Jul 30, 2015 at 08:59 | Source: CNBC-TV18
Bond market sentiment is mildly positive on the back of lower crude oil prices, stable rupee and near normal monsoon, says Mohan Shenoi, Kotak Mahindra Bank.
Jul 30, 2015 at 07:57 | Source: Reuters
The mining and energy group, which has been hit by a slump in crude prices and mining bans in key producing states, also posted a consolidated net profit of 8.66 billion rupees (USD 135.61 million) for its fiscal first quarter to June 30.
Jul 28, 2015 at 19:13 | Source: PTI
As global gas prices slumped, India has deferred taking deliveries of at least 20 shiploads of expensive liquefied natural gas (LNG) from its main supplier Qatar and wants a rate cut matching the 60 percent fall in international rates.
Jul 28, 2015 at 10:10 | Source: Reuters
Both the dollar and euro held steady in early Asian trade after the dollar index slipped 0.7 percent in the previous session. The euro surged to a two-week high overnight, which had helped to support oil prices.
Jul 27, 2015 at 18:26 | Source: PTI
Crude oil import from Saudia Arabia was cut to 34.99 million tonnes in the year to March 31, 2015 from 38.18 MT in 2013-14, Oil Minister Dharmendra Pradhan said on Monday.
Jul 24, 2015 at 10:49 | Source: PTI
Oil prices rose in Asia on Friday following recent losses but analysts said the rebound is unlikely to be sustained because of a global crude glut.
Jul 24, 2015 at 08:34 | Source: CNBC
Crude oil fell another 1.5 percent on Thursday, settling at USD 48.48, the lowest level since March 31. And some traders say even lower prices are ahead.