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.
Jun 09, 2015 at 02:00 | Source: PTI
World oil prices fell today after the OPEC crude producers' cartel left its output ceiling unchanged last week in an oversupplied market, dealers said.
Jun 08, 2015 at 16:44 | Source: CNBC-TV18
However, in an interview, Amrita Sen of Energy Aspects said she expects supply to fall by the fourth quarter of this year, as US shale rig counts continue to fall and capex cutbacks feed through the system.
Jun 08, 2015 at 12:24 | Source: PTI
US benchmark West Texas Intermediate for July delivery fell 59 cents to USD 58.54 while Brent crude for July eased 56 cents to USD 62.75 in mid-morning trade.
Jun 05, 2015 at 22:05 | Source: CNBC-TV18
Watch the interview of Bob McNally President The Rapidan Group with Surabhi Upadhyay on CNBC-TV18, in which he spoke about the OPEC meeting and the road ahead for crude prices.
Jun 05, 2015 at 21:17 | Source: CNBC-TV18
The OPEC seems to be of the opinion that demand-supply dynamics are not skewed. But there hasn't been any meaningful recovery in prices. However, Dominic Haywood, Oil Analyst, Energy Aspects, says going ahead there will be a small recovery.
Jun 05, 2015 at 18:38 | Source: CNBC-TV18
Vandana Hari of Platts says oil prices at USD 100/ bbl are a thing of the past. "As of now, people are finding it difficult to even imagine prices going up to USD 80/ bbl," she adds
Jun 05, 2015 at 17:45 | Source: CNBC
Both Brent and West Texas Intermediate oil prices spiked on the news that the organization's output target would remain at 30 million barrels a day.