Nov 24, 2014 at 07:46 | Source: Moneycontrol.com
US markets rallied on Friday with the Dow & the S&P closing at record highs on encouraging domestic outlook and stimulus efforts from the Chinese & the European Central Bank. Meanwhile, Asia is positive in morning trade.
Nov 21, 2014 at 13:02 | Source: CNBC-TV18
Indian economy will still have plenty of potential for growth in domestic demand in 2015. Recent concerns about the RBI interest rate moves or delay in a cut in interest rates are a bit over blown at this point in time, Gibbs adds.
Nov 19, 2014 at 19:07 | Source: PTI
Slowdown in inflows also weighed on rupee that ended 22 paise lower while the dollar index was trading almost stable against its six major global rivals ahead of the release of the minutes of a key US Federal Reserve meeting.
Nov 17, 2014 at 13:06 | Source: Reuters
A push to include both fixed and optional volumes in contracts would allow refiners to fill some of their needs from cheaper spot cargoes now on offer from suppliers such as Algeria, Latin America and Canada as US demand has dwindled.
Nov 17, 2014 at 08:26 | Source: CNBC
On Thursday, in its weekly inventory report, the US Department of Energy reported that oil production in the United States rose to its highest level in 29 years to just over 9 million barrels per day.
Nov 14, 2014 at 11:52 | Source: Reuters
Brent has fallen for eight weeks in a row, its longest weekly losing streak since records began in 1988, based on Reuters data. It has lost nearly 7 percent so far this week.
Nov 13, 2014 at 07:46 | Source: Reuters
Energy shares fell along with oil prices, with Brent crude oil breaking below USD 80 a barrel for the first time since September 2010. Shares of Exxon Mobil were down 1.1 percent at USD 95.38, while the S&P energy index dropped 0.9 percent.
Nov 12, 2014 at 09:58 | Source: CNBC
Brent crude dipped below $81 per barrel for the first time in four years. Meanwhile West Texas Intermediate crude clocked in at $77.48 per barrel.
Nov 11, 2014 at 14:35 | Source: Reuters
Brent crude oil futures fell by more than USD 1 today to a four-year low of USD 81.23 a barrel, as a strong dollar and robust production from US shale oil fields weighed on prices.
Nov 07, 2014 at 12:43 | Source: Reuters
Brent crude dropped for the second straight session on Friday, dragged below USD 83 by worries over the strong US dollar.