Jul 29, 2016 at 19:26 | Source: Moneycontrol.com
Revenue during the quarter slipped 15 percent to Rs 14,437 crore on yearly basis due to fall in oil and metal prices, weaker power market and lower zinc volumes, which partially offset by ramp up in volumes at iron ore, power and aluminium.
Jul 29, 2016 at 16:25 | Source: CNBC-TV18
Miswin Mahesh, Energy Analyst, Barclays expects Brent Crude to hover above USD 40/bbl and not go much below that. The prices would average around USD 45/bbl in Q3.
Jul 29, 2016 at 12:12 | Source: Reuters
International Brent crude oil futures were trading at USD 42.51 at 0617 GMT, down 19 cents, or 0.4 percent, from their previous close, the lowest since April.
Jul 28, 2016 at 17:09 | Source: Moneycontrol.com
ICICI Direct recommended hold rating on Cairn India with a target price of Rs 209 in its research report dated July 25, 2016.
Jul 28, 2016 at 12:16 | Source: CNBC
Shell's second-quarter earnings on a current cost of supplies (CCS) basis attributable to shareholders (excluding identified items) was USD 1 billion, down from USD 3.8 billion in the same period last year, a 70 percent fall.
Jul 28, 2016 at 11:58 | Source: PTI
At the Multi Commodity Exchange, crude oil for delivery in August was trading higher by Rs 10, to Rs 2,841 per barrel, in a business turnover of 5,023 lots.
Jul 28, 2016 at 11:28 | Source: PTI
US energy department data showed yesterday that inventories were 13.4 percent higher on-year, while gasoline stocks were up 11.8 percent, indicating demand remains weak as the peak holiday driving season comes to a close.
Jul 28, 2016 at 08:03 | Source: Reuters
International Brent crude oil futures were trading at USD 43.61 at 0118 GMT, up 14 cents from their previous close. US West Texas Intermediate (WTI) crude was at USD 42.06, up 14 cents.
Jul 27, 2016 at 17:22 | Source: Moneycontrol.com
Axis Direct is bullish on Cairn India has recommended buy rating on the stock with a target price of Rs 230 in its research report dated July 26, 2016.
Jul 27, 2016 at 10:55 | Source: CNBC
BP reported a second-quarter underlying replacement cost profit, the company's definition of net income, of USD 720 million, down from $1.3 billion in the same quarter last year and USD 120 million below an analyst consensus provided by the company.