Jan 27, 2015 at 12:29 | Source: Reuters
Saudi Arabia is the world's top oil exporter and largest producer in OPEC, which in November declined to cut its oil output to arrest the decline in oil prices and decided instead to focus on market share
Jan 27, 2015 at 10:07 | Source: PTI
Oil has lost more than half its value since June last year when the commodity was sitting at more than USD 100 a barrel due to a supply glut, boosted largely by robust US shale oil production, and weak global demand
Jan 24, 2015 at 14:47 | Source: PTI
With oil prices touching "rock bottom", there is an opportunity for countries to cut energy subsidies worth USD 2 trillion, International Monetary Fund's chief Christine Lagarde said today.
Jan 23, 2015 at 20:21 | Source: PTI
Saudi King Abdullah bin Abdulaziz died today, weeks after he was hospitalised and was succeeded by his half-brother Salman, who called for "unity and solidarity" among Muslims in the birthplace of Islam, also the world's top oil exporter.
Jan 23, 2015 at 15:04 | Source: CNBC
Nymex WTI crude oil futures rose as much as 2.5 percent to USD 47.76 after the news broke but trended back down to USD 47.25 by mid-day in Asia.
Jan 23, 2015 at 14:57 | Source: CNBC-TV18
During the companys earnings declaration, Deepak Nitrite announced that its board had approved raising of Rs 200 crore through a qualified institutional placement (QIP) issue.
Jan 23, 2015 at 14:46 | Source: Moneycontrol.com
Way2Wealth has recommended to sell MCX Crude oil Feb around Rs 2920 with a stop loss of Rs 2997 for the target price of Rs 2811, in its research report dated Jan 23, 2015.
Jan 22, 2015 at 16:37 | Source: Moneycontrol.com
Operating profit was down 23.7 percent quarter-on-quarter to Rs 2,027 crore and margin plunged 890 basis points to 57.8 percent, impacted by lower realisations.
Jan 22, 2015 at 15:35 | Source: CNBC-TV18
On the sidelines of the World Economic Forum, CNBC-TV18s Menaka Doshi caught with Dev Sanyal, Executive VP Strategy & Regions, BP, to get his take on the sharp decline in the prices of crude in the past six months.
Jan 22, 2015 at 11:07 | Source: Reuters
Oil prices dipped early on Thursday ahead of the expected announcement of a bond-buying programme by the European Central Bank (ECB) later in the day that could push the dollar to new highs and put downward pressure on commodities.