Mar 08, 2017 at 13:54 | Source: Moneycontrol.com
According to Achiievers Equities,Crude oil gained after Saudi Arabia's oil minister gave mixed messages on future OPEC production cuts.
Mar 08, 2017 at 13:38 | Source: Reuters
China's February exports unexpectedly fell 1.3 percent from a year earlier, but imports expanded 38.1 percent, well above economists' forecasts, customs data showed on Wednesday.
Mar 08, 2017 at 12:46 | Source: Moneycontrol.com
According to Angel Commodities, We expect oil prices to trade lower today, international markets are trading lower by half a percent at $52.84 per barrel.
Mar 08, 2017 at 08:02 | Source: Reuters
Suhail bin Mohammed al-Mazrouei told Reuters on the sidelines of the CERAWeek conference in Houston that the OPEC member cut more production last month than it did in January as it phases in compliance with a historic agreement to bring supplies closer to demand.
Mar 08, 2017 at 08:00 | Source: Reuters
Iraq's baseline for the cut was 4.56 million bpd of crude. OPEC's compliance with the agreement rose to 94 percent at the end of February versus 82 percent in January, according to a Reuters survey.
Mar 08, 2017 at 07:59 | Source: Reuters
The kingdom led a pact between the Organization of the Petroleum Exporting Countries and other major producers, such as Russia and Kazakhstan, to cut global crude output by about 1.8 million barrels per day from Jan. 1, and bring supply closer to demand.
Mar 08, 2017 at 07:51 | Source: Moneycontrol.com
According to Prakash Gaba of prakashgaba.com, Nifty has support at 8930-8900 and resistance at 9000-9119 while Bank Nifty has support at 20500 and resistance at 20850.
Mar 08, 2017 at 07:51 | Source: Reuters
US West Texas Intermediate (WTI) crude fell 32 cents, or 0.6 percent, to USD 52.82 a barrel as of 0107 GMT, after ending the previous session down 0.1 percent.
Mar 07, 2017 at 18:32 | Source: Moneycontrol.com
Oasis Tradelink has informed that meeting of Board of directors of the Company held on February 23, 2017 and in that meeting Mrs. Nidhi Jain, Company Secretary and Compliance Officer of the Company has resigned from the Position of Company Secretary cum compliance officer. The board has approved her resignation with immediate effect.
Mar 07, 2017 at 15:58 | Source: PTI
The new plan, filed with Iranian Offshore Oil Company (IOOC), excludes liquefaction facilities to turn the gas into LNG for ease of shipping to nations like India, sources privy to the development said.