Aug 01, 2015 at 13:00 | Source: PTI
US benchmark West Texas Intermediate (WTI) for September delivery dived almost 3.0 per cent, shedding USD 1.40 to close at USD 47.52 a barrel on the New York Mercantile Exchange.
Jul 29, 2015 at 08:50 | Source: Reuters
Asian investors focused on OPEC production figures that showed members of the Organization of the Petroleum Exporting Countries produced around 3 million barrels of oil per day more than daily demand in the second quarter, a Reuters survey showed.
Jul 23, 2015 at 09:08 | Source: PTI
Oil prices were mixed in Asia on Thursday, with WTI stuck below USD 50 a barrel after a rise in US stockpiles added to concerns over a supply glut, analysts said.
Jul 23, 2015 at 08:02 | Source: CNBC
Crude oil is now expected to average USD 57 per barrel for the yearup from the World's Bank's estimate of USD 53 per barrel back in April.
Jul 20, 2015 at 10:12 | Source: Reuters
Both international and US crude futures posted their third consecutive weekly losses last week on expectations of increased exports from Iran following a deal to ease sanctions against the OPEC producer.
Jul 14, 2015 at 21:17 | Source: CNBC-TV18
The oil prices are fairly balanced but the big question now is what will happen to prices when the Iranian oil hits the market. So, only by December-end there would be an oversupply and there would be a big price correction, said Stuart Elliott Associate Editorial Director, Platts.
Jul 13, 2015 at 20:31 | Source: Reuters
The global oil market should be more balanced next year as China and the developing world increase oil consumption while supply of shale oil from North America and other regions grows more slowly, OPEC said on Monday.
Jun 12, 2015 at 13:09 | Source: Moneycontrol.com
According to SPA, Ceteris Paribus, FY16 CAD is expected in the range of 0.74% to surplus of 1.24% of GDP if crude price hovers between $60-$70 and gold monetisation scheme is a success.
Jun 11, 2015 at 17:28 | Source: CNBC
OPEC supply in May edged up to 31.33 million barrels a day (mb/d), according to the IEA, with Saudi Arabia, Iraq and the United Arab Emirates pumping at record monthly rates to keep output 1 mb/d above OPEC's official supply target for a third month running.
Jun 09, 2015 at 09:42 | Source: CNBC-TV18
According to Dipen Sheth, head-institutional research at HDFC Securities, structurally nothing has changed for India despite the 10 percent odd correction. He continues to remain a buyer of Nifty at current levels.