Mar 05, 2015 at 13:25 | Source: Moneycontrol.com
Shares of Cairn India fell 3.4 percent intraday Thursday as the oil major cut its capital expenditure (capex) plan for the next financial year post fall in oil prices.
Mar 05, 2015 at 11:41 | Source: Moneycontrol.com
Crude oil production from ONGCs Western Offshore Fields touched 325000 barrels oil per day on March 3, 2015. This is the highest production from Mumbai offshore during the last 5 years.
Mar 05, 2015 at 00:00 | Source: CNBC-Awaaz
Oil prices fall sharply amid reOn the New York Mercantile Exchange, WTI crude oil for April delivery fell 1.46% or 0.74 to $49.78 a barrel in U.S. afternoon trading.cord inventories
Mar 03, 2015 at 11:55 | Source: Moneycontrol.com
According to Angel Commodities, crude oil prices is expect to trade sideways today as data suggested a smaller-than-expected build last week in the Cushing, Oklahoma delivery point for oil.
Mar 02, 2015 at 15:49 | Source: PTI
During the current fiscal till February, 57 incidents of were detected and the cases are being pursued by the concerned oil marketing companies, Petroleum Minister Dharmendra Pradhan said in Lok Sabha during Question Hour.
Feb 28, 2015 at 15:27 | Source: CNBC-TV18
Economist and former Goldman Sachs chairman Jim O'Neill, founder of the famous BRIC acronym, said there was no wow factor in the Budget though he added there appeared to be a lot of important details that needed to watched closely.
Feb 28, 2015 at 10:37 | Source: Moneycontrol.com
Oil marketing companies like Hindustan Petroleum Corporation, Indian Oil Corporation and Bharat Petroleum Corporation fell 1-1.5 percent on fears of increase in custom duty on crude oil in Union Budget FY16.
Feb 28, 2015 at 10:29 | Source: Moneycontrol.com
Oil marketing companies (OMCs) are under pressure. CLSA sees the Budget to be negative for refiners as every 1 percent increase in duty will pull down gross refining margins by USD 0.3 per barrel. Both HPCL and BPCL are down 1-2 percent.
Feb 27, 2015 at 17:56 | Source: PTI
Global economic outlook appears to be "most favourable" since the 2008 financial meltdown and is likely to improve further on the back of plummeting crude oil prices coupled with sharp recovery in the US economy, says the Economic Survey 2014-15.
Feb 27, 2015 at 14:05 | Source: Moneycontrol.com
Simulating the effects of tax cuts, declining oil prices will add spending power to households, thereby boosting consumption and growth, the Economic Survey said