Jan 31, 2015 at 15:57 | Source: Reuters
In a rally that may spur speculation that a seven-month price collapse has ended, global benchmark Brent crude shot up to more than USD 53, its highest in more than three weeks, after Baker Hughes data showed the number of rigs drilling for oil in the United States fell by 94 - or 7 percent - this week.
Jan 31, 2015 at 15:44 | Source: CNBC-TV18
With oil falling from USD 100 a barrel to USD 50 a barrel, Sajjid Chinoy, chief economist at JPMorgan India is expecting a current account surplus for the first time in eight years in the current January-March quarter.
Jan 30, 2015 at 10:58 | Source: Reuters
Global oil prices had firmed slightly on Thursday but not before U.S. crude hit a near-six-year low and benchmark Brent pared gains on data showing fresh additions to record-high U.S. oil inventories.
Jan 30, 2015 at 08:29 | Source: CNBC
The MSCI Asia-Pacific Index has risen almost 2 percent so far this year, ahead of the MSCI World Index, which is down around 1 percent.
Jan 30, 2015 at 08:01 | Source: Reuters
US stocks enjoyed a late afternoon rally and closed higher on Thursday as an upturn in oil prices and a rally in Apple and Boeing shares helped offset some disappointing earnings and lingering questions over US monetary policy.
Jan 28, 2015 at 18:43 | Source: Moneycontrol.com
As the fall in crude oil prices have set the stage right for a cut in subsidies, government has taken steps in the right direction by opting for direct benefit transfer.
Jan 28, 2015 at 13:00 | Source: Moneycontrol.com
Crude-oil prices have slumped after OPEC decided at its November meeting not to cut its output despite a combination of a global supply glut and lackluster demand.
Jan 28, 2015 at 12:20 | Source: Moneycontrol.com
Mentha oil futures prices traded on a positive note on higher level buying during Tuesdays trading session. Since the beginning of the session, says Karvy
Jan 28, 2015 at 11:58 | Source: PTI
At the Multi Commodity Exchange, crude oil for delivery in February fell by Rs 24, or 0.84 percent, to Rs 2,818 per barrel in 2,486 lots. Oil for the far-month March delivery moved down by Rs 22, or 0.75 percent, to Rs 2,893 per barrel with a turnover of 156 lots.
Jan 28, 2015 at 10:35 | Source: PTI
US benchmark West Texas Intermediate for March delivery fell 75 cents to USD 45.48 while Brent for March eased 60 cents to USD 49 in mid-morning trade.