News from other websites on Crude Oil
Rupee turns shaky on global turmoil, renewed dollar strength
May 26, 2013 at 05:16 | Source: Economic Times
By Vinay Khattar MUMBAI: Indian markets are witnessing interesting action these days. The Sensex and Nifty recently touched 28-month highs before cooling off, while the benchmark 10-year G-sec yield slipped to a 3-year low on rate cut speculation. T...
Kerry to appoint envoy to Sudan: report
May 25, 2013 at 23:32 | Source: Market Watch
WASHINGTON (MarketWatch) — U.S. Secretary of State John Kerry said Saturday he plans to appoint an envoy to Sudan and South Sudan after a oil-revenue squabble between the states brought the countries to the brink of war, according to a report. At ...
Oil India Q4 net up 72% at Rs 764 cr on lesser subsidy outgo
May 25, 2013 at 21:32 | Source: The Hindu BusinessLine
New Delhi, May 25: Oil India Ltd reported 71.88 per cent increase in its net profit during January-March 2013. The higher net profit is because of lower subsidy outgo compared to the similar months last financial year, shows the statement released b...
Inflation-indexed bonds are here
May 25, 2013 at 21:32 | Source: The Hindu BusinessLine
May 25, 2013: The Reserve Bank of India is set to issue its first tranche of inflation-indexed bonds on June 4, with 20 per cent reserved for retail investors. With a ten-year tenor, the bonds are a long-term, safe investment option for domestic inv...
May 25, 2013 at 20:12 | Source: Calcutta Telegraph News
New Delhi, May 24: Mangalore Refinery and Petrochemicals Ltd (MRPL) has suffered a net loss of Rs 61.90 crore in the March quarter on account of a sharp drop in refining margins. The company had reported a Rs 601.97-crore profit in the same period o...
Oil down four sessions in a row for 2% weekly loss
May 25, 2013 at 20:12 | Source: Market Watch
SAN FRANCISCO (MarketWatch) — Oil futures on Friday fell for a fourth consecutive session, with concerns about lackluster energy demand following weak Chinese manufacturing data contributing to a 2% price loss for the week. Prices managed to pare ...
Sensex ends four-day losing streak; GDP, flows on watch
May 25, 2013 at 06:30 | Source: FirstPost
MUMBAI (Reuters) - The BSE Sensex snapped a four-day losing streak to edge higher on Friday, rebounding as Tata Steel surged after its March-quarter operating profit beat analyst estimates and as recently beaten-down blue-chips such as Larsen & T...
Crude-Oil Futures Settle Down 10 Cents at $94.15/Barrel, a 3-Week Low
May 25, 2013 at 02:00 | Source: Wall Street Journal
NEW YORK--Crude-oil futures prices fell for the fourth day Friday amid concerns over future growth in oil demand by the world's two biggest oil consumers. Opening the week at a seven-week high near $97 a barrel, prices were unhinged by signs ...
Gulf Coast Crudes Weaken During Low-Volume Rollover Period
May 25, 2013 at 00:00 | Source: Bloomberg
U.S. Gulf Coast crude oils weakened on the spot market on the last day of the rollover period, characterized by below-normal volume and erratic pricing. Light Louisiana Sweet's premium to benchmark West Texas Intermediate weakened by $1 to $8...
US may extend sanctions waiver for India's oil imports from Iran
May 24, 2013 at 21:32 | Source: DomainB
India is expected to get yet another waiver from sanctions that Washington and Brussels have imposed on Tehran's nuclear programme as, according to US government officials, this country has made "tremendous progress" in reducing oil imports from Ira...
MRPL suffers Rs 62-cr loss in Q4; no dividend this year
May 24, 2013 at 20:22 | Source: The Hindu BusinessLine
New Delhi, May 24: With Mangalore Refinery and Petrochemicals Ltd (MRPL) suffering losses in three out of four quarters, the company has decided not to declare dividend for 2012-13. MRPL recorded a loss of Rs 61.90 crore (a profit of Rs 601.97 crore...
MRPL reports Rs 61.90 cr net loss in Q4
May 24, 2013 at 17:47 | Source: The Hindu BusinessLine
New Delhi, May 24: Mangalore Refinery and Petrochemicals Ltd (MRPL) today reported a net loss of Rs 61.90 crore in the March quarter on the back of sharp drop in refining margins. MRPL, a subsidiary of state explorer Oil and Natural Gas Corp (ONGC),...
Oil futures below $94, on track for weekly loss
May 24, 2013 at 12:32 | Source: Market Watch
LOS ANGELES (MarketWatch) — U.S. crude-oil futures Friday were on track for a fourth consecutive losing session, with concerns about lackluster energy demand following weak Chinese data also helping oil prices fall for the week. Crude for July del...
Gold could pause for direction; currency movements hold key
May 24, 2013 at 09:57 | Source: The Hindu BusinessLine
Chennai, May 24: Gold prices on spot and futures market are likely to be range-bound on Friday caught between various factors. Speculation that the US Fed will continue its stimulus package kept interest in gold in tact. But falling investors’...
India s core sector output data could be significantly understated
May 24, 2013 at 09:26 | Source: Economic Times
NEW DELHI: India's core sector output that grew at the slowest in a decade in 2012-13 could be significantly understated. The official numbers don't include oil output from a five-year-old unit in the world's largest refinery run by India's biggest ...
Oil recoups losses as U.S. data beat expectations
May 24, 2013 at 03:22 | Source: Market Watch
NEW YORK (MarketWatch) — Oil futures recouped most losses Thursday as U.S. new-home sales and jobless-claims data beat expectations, helping offset weak Chinese manufacturing data that had dulled prospects for energy demand. Crude for July deliver...
U.S. shares volatile on uncertain growth outlook, dollar lower
May 24, 2013 at 01:30 | Source: FirstPost
NEW YORK (Reuters) - U.S. stocks and bonds were volatile on Thursday, alternating between steep losses and break-even levels as investors questioned the pace of economic growth and when the U.S. Federal Reserve's stimulus program would end.Overseas s...
Crude-Oil Futures Down on China, Japan Data, Fed Concerns
May 24, 2013 at 00:00 | Source: Wall Street Journal
NEW YORK--Crude-oil futures prices were weaker for a third day on signs that the manufacturing sector in China is contracting. The weak economic signal from the world's second-biggest oil consumer came as global markets were unnerved by the p...
World shares fall in volatile session, dollar drops
May 23, 2013 at 23:45 | Source: FirstPost
NEW YORK (Reuters) - Stock markets around the world fell on Thursday, extending the previous day's steep decline on concerns over the pace of global economic growth and when the U.S. Federal Reserve's stimulus program would end.U.S. stocks partially ...
U.S. shares recover, but dollar extends losses
May 23, 2013 at 23:30 | Source: FirstPost
NEW YORK (Reuters) - U.S. stocks and bonds were little changed on Thursday, with equities rebounding from what traders considered an excessive drop on Wednesday, though concerns remained over the pace of global economic growth.The midday strength in ...
From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'
