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Oil falls below $93 as China manufacturing weakens
May 23, 2013 at 16:25 | Source: AP
Due to reduced manufacturing activity in China, oil prices fell below the USD 93; its lowest in seven months.
Oil falls as Fed minutes send US equities down
May 23, 2013 at 08:29 | Source: Reuters
Crude falls after minutes from the Federal Reserve sent US stock markets down and compounded earlier oil weakness stemming from a rise in US gasoline inventories.
Rs 60K cr upstream subsidy burden expected: Quant Broking
May 22, 2013 at 17:16 | Source: CNBC-TV18
Rs 60,000-crore upstream subsidy burden was mostly in line with ONGC's expectations, says Gagan Dixit, Quant Broking. He added that however, crude prices have corrected, and diesel under-recoveries have dipped below Rs 4.
Sell MCX Crude at Rs 5330; target Rs 5300: Dani Commodities
May 22, 2013 at 16:37 | Source: Moneycontrol.com
Dani Commodities has come out with its report on MCX Crude oil. According to the research firm, one can sell MCX Crude at Rs 5330 for price target of Rs 5300 with a stop loss of Rs 5350.
Oil falls below $96 before Fed chief speaks
May 22, 2013 at 12:15 | Source: AP
Benchmark crude for July delivery was down 46 cents to USD 95.72 a barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange.
Oil price falls toward $96 per barrel
May 21, 2013 at 16:32 | Source: AP
Brent crude, a benchmark for many international oil varieties, fell 50 cents to USD 104.30 a barrel on the ICE Futures exchange in London.

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Oil futures below $94, on track for weekly loss
LOS ANGELES (MarketWatch) — U.S. crude-oil futures Friday were on track for a fourth consecutive losing session, with concerns about lackluster energy demand following weak Chinese data also helpin...
May 24, 2013 at 12:32 | Source: Market Watch
Gold could pause for direction; currency movements hold key
Chennai, May 24: Gold prices on spot and futures market are likely to be range-bound on Friday caught between various factors. Speculation that the US Fed will continue its stimulus package kept inte...
May 24, 2013 at 09:57 | Source: The Hindu BusinessLine
India s core sector output data could be significantly understated
NEW DELHI: India's core sector output that grew at the slowest in a decade in 2012-13 could be significantly understated. The official numbers don't include oil output from a five-year-old unit in th...
May 24, 2013 at 09:26 | Source: Economic Times
Oil recoups losses as U.S. data beat expectations
NEW YORK (MarketWatch) — Oil futures recouped most losses Thursday as U.S. new-home sales and jobless-claims data beat expectations, helping offset weak Chinese manufacturing data that had dulled p...
May 24, 2013 at 03:22 | Source: Market Watch
U.S. shares volatile on uncertain growth outlook, dollar lower
NEW YORK (Reuters) - U.S. stocks and bonds were volatile on Thursday, alternating between steep losses and break-even levels as investors questioned the pace of economic growth and when the U.S. Feder...
May 24, 2013 at 01:30 | Source: FirstPost
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