Oct 30, 2014 at 16:23 | Source: CNBC-TV18
If happens, this would be the first price deduction since the government deregulated diesel prices in October.
Oct 29, 2014 at 11:33 | Source: CNBC-TV18
The US Federal is expected to wrap up its bond-buying program by October as scheduled but it is expected to keep interest rates low for longer than previously expected, according to Richard Gibbs, Global Head of Australia-based Macquarie Securities.
Oct 29, 2014 at 07:56 | Source: Moneycontrol.com
US markets gained with the Dow closing above the 17,000 levels. Europe too ended firmly higher while Asia tracks wall street gains with Japan's Nikkei up over a percent. Meanwhile, all eyes will be on the Fed as it concludes a two-day session today. The central bank is expected to announce the end of its latest round of bond buys.
Oct 28, 2014 at 15:16 | Source: PTI
Hit by uncertainty over oil supplies from West Asia, India is keen to diversify its imports and wants to buy crude from the US, Oil Minister Dharmendra Pradhan has said.
Oct 28, 2014 at 14:44 | Source: PTI
The new strategy is being planned to guard against disruption in supplies from its biggest sources in the Middle East - Iraq and Syria -- as they are caught in problems relating to Islamic State movement.
Oct 28, 2014 at 12:48 | Source: CNBC-TV18
The two-day US Federal Reserves Federal Open Market Committee that concludes Thursday will be closely watched by global markets to understand if quantitative easing is on track or will it be wound up as scheduled.
Oct 28, 2014 at 10:24 | Source: Moneycontrol.com
Crude oil has seen vertical fall in global commodity market. As per astro economics now time to trade in crude oil, says Ajay Jain, CEO, Astromoneyguru.
Oct 28, 2014 at 08:27 | Source: CNBC
US shale oil will replace the Organization of the Petroleum Exporting Countries as the first-mover "swing producer," according to a Goldman Sachs report from the weekendmeaning OPEC is losing its power to set global prices for crude.
Oct 28, 2014 at 07:53 | Source: Reuters
Energy shares were by far the day's biggest drag, with the S&P 500 energy index falling 2 percent. US crude oil CLc1 briefly traded below USD 80 a barrel after Goldman Sachs slashed its crude price forecasts, citing abundant supply and lackluster demand.
Oct 27, 2014 at 19:15 | Source: CNBC
Goldman cut its WTI crude oil forecast to USD 75 a barrel for the first quarter and second half of next year, down from USD 90 previously, and lowered its Brent forecast to USD 85 a barrel from USD 100 previously.