Sep 17, 2014 at 18:14 | Source: Moneycontrol.com
Karvy has recommended to buy MCX Crude oil at Rs 5750/5758 for the target price of Rs 5835/5860 with a stop loss below Rs 5720, in its research report dated September 17, 2014.
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 16, 2014 at 22:38 | Source: PTI
The decline in natural rubber and crude oil prices would provide the requisite headroom for passing on some benefits to the consumers, it said.
Sep 16, 2014 at 12:25 | Source: CNBC-TV18
The house continues to remain positive on oil marketing companies on back of expected reforms and disinvestments. The reduction in crude prices has been an added advantage says Sinha.
Sep 15, 2014 at 14:52 | Source: Moneycontrol.com
Palm oil futures are expected to trade on a mixed note. Positive BMD prices and festive demand may support prices. However, comfortable supplies may cap the upside and pressurize prices. Prices may also take cues from movement in the Rupee, says Angel Commodities.
Sep 15, 2014 at 14:50 | Source: Moneycontrol.com
Karvy has recommended to sell MCX Crude oil at Rs 5630-5625, for the target price of Rs 5570 with a stop loss of Rs 5665, in its research report dated September 15, 2014.
Sep 15, 2014 at 12:30 | Source: Moneycontrol.com
Between 2010-2013, slowing growth, high twin deficits and lower savings dented the economic cycle, which got more vicious due to rising global oil and gold prices.
Sep 13, 2014 at 16:50 | Source: Moneycontrol.com
Brent crude near 2-yr low: Top oil stocks to buy and sell now
Sep 12, 2014 at 20:41 | Source: PTI
An investment of about Rs 1 lakh crore will be made in Odisha in the next five years in petrochemicals and oil and gas sectors including strategic oil reserves, Petroleum Minister Dharmendra Pradhan said today.
Sep 12, 2014 at 13:02 | Source: CNBC-TV18
In an interview to CNBC-TV18, Gheit says crude oil prices cannot be trading much above their replacement cost. They have been inflated for quite some time, because the risk premium due to fear of potential supply disruption has increased.