Dec 18, 2014 at 08:21 | Source: CNBC
Stocks rose after the Federal Reserve retained the phrase "considerable time" in its policy statement, and also introduced another word, "patient," as the central bank readies to raise interest rates next year.
Dec 17, 2014 at 08:19 | Source: CNBC
Brent for January delivery was trading at USD 59.15 on Tuesday morning and WTI crude was trading at USD 54.27, continuing a slide in global oil prices that began in June on the back of a glut in supply and lack of global demand.
Dec 16, 2014 at 15:20 | Source: Moneycontrol.com
Low crude prices will help oil marketing companies reduce underrecoveries on sale of subsidised kerosene and LPG gas. These companies have already been earning income on petrol and diesel as Brent crude fell nearly 48 percent from June when the price was USD 115 a barrel.
Dec 16, 2014 at 14:00 | Source: Reuters
Brent crude oil prices fell over USD 1 per barrel and below USD 60 for the first time since July 2009 in early European trading on Tuesday as Chinese factory activity slowed and stumbling emerging market currencies dented demand expectations.
Dec 16, 2014 at 08:03 | Source: CNBC
US crude futures were trading on Tuesday below USD 56 a barrel and near a 5-year low hit in the prior session, dropping for a fifth session after the UAE oil minister said there was no need for an emergency OPEC meeting to support prices.
Dec 15, 2014 at 12:12 | Source: Reuters
Brent for January delivery LCOc1 was at USD 62.05 a barrel at 0425 GMT (11:25 p.m. EST), up 20 cents from its Friday's settlement but 90 cents below the intra-day high of USD 62.95 a barrel.
Dec 11, 2014 at 15:56 | Source: CNBC-TV18
According to Vandana Hari, the demand picture for oil is not looking good in the medium-term.
Dec 11, 2014 at 10:52 | Source: Moneycontrol.com
As per CLSA, new EPS estimates are 14-27 percent below consensus signalling clear risk of downgrades for GAIL.
Dec 11, 2014 at 08:05 | Source: Moneycontrol.com
Public sector banks will be in focus as the Cabinet clears allowing them to raise capital to meet additional capital requirements.
Dec 09, 2014 at 15:23 | Source: Moneycontrol.com
The brokerage house downgraded Cairn India to neutral from outperform and cut its target price by 19 percent to Rs 267 while it suggested a shift to top-pick ONGC.