Gold price sinks on news of stronger dollar
01 Dec 2016, 12.22 am | Source: Investing.com
OPEC ministers confirmed it had secured a cut in its oil production from 33.8 million barrels a day (b/d) to 32.5 million b/d in an effort to prop up prices.
30 Nov 2016, 10.04 pm | Source: CNBC-TV18
Brent crude futures jumped 8 percent to more than USD 50 a barrel on hopes Riyadh had finally reached a compromise with Iran after insisting in recent weeks that Tehran fully participate in any cut.
30 Nov 2016, 8.13 pm | Source: Reuters
Abhishek Deshpande, oil market expert at Natixis says that a cut will be a positive news from the OPEC. A cut, if it actually comes, could also lead to non-OPEC countries cutting output.
30 Nov 2016, 7.32 pm | Source: CNBC-TV18
The rupee continued its strong recovery momentum for the second day, surging by 27 paise to end at 68.38 against the US currency today even as a powerful dollar rally remained unabated globally.
30 Nov 2016, 7.00 pm | Source: PTI
The market gained strength ahead of gross domestic products (GDP) growth data led by banks, capital goods and pharma stocks. The Bank Nifty rallied at 2 percent.
30 Nov 2016, 4.38 pm | Source: CNBC-TV18
Terming the development, which threatened to be stalemate earlier, as a big step forward, Mriganka Jaipuriyar, Associate Editorial Director of Platts, said the conciliatory tones taken by Iran, Iraq and Saudi Arabia show that mark...
30 Nov 2016, 3.39 pm | Source: CNBC-TV18
Marketmen said increased offtake by stockists and bulk consumers ahead of new month, attributed rise in sweetener prices.
30 Nov 2016, 3.24 pm | Source: PTI
Ministers from the Organization of the Petroleum Exporting Countries met informally at 0700 GMT at the Vienna Park Hyatt hotel and were due to begin a formal gathering at OPEC headquarters at 0900 GMT.
30 Nov 2016, 3.08 pm | Source: CNBC
Ahead of the Organization of the Petroleum Exporting Countries (OPEC) meet scheduled later for today, David Lennox of Fat Prophets said that he does not see any action coming out of this meeting.
30 Nov 2016, 2.42 pm | Source: CNBC-TV18
Oil prices jump more than 3% on OPEC deal optimism
30 Nov 2016, 2.38 pm | Source: Investing.com
Forex - Dollar pushes higher as traders look to OPEC
30 Nov 2016, 2.04 pm | Source: Investing.com
Ministers from the Organization of the Petroleum Exporting Countries started an informal meeting at 0700 GMT at the Vienna Park Hyatt hotel and were due to begin a formal gathering at OPEC headquarters at 0900 GMT.
30 Nov 2016, 1.40 pm | Source: Reuters
Post demonetisation the market was expecting an earnings growth of 15 percent for this fiscal, which has now been toned down and one can look at mid single digit growth for FY17, says Hemant Kanawala, Head of Equity at Kotak Life ...
30 Nov 2016, 12.39 pm | Source: CNBC-TV18
Many important decisions have to be made at the OPEC meet, like the amount of production cuts to be made and the countries which will be exempt from cuts, says Jaipuriyar.
30 Nov 2016, 12.37 pm | Source: CNBC-TV18
Oil markets were jittery on Wednesday ahead of an OPEC meeting later in the day, with members of the producer cartel trying to thrash out an output cut to curb oversupply that has seen prices more than halve since 2014.
30 Nov 2016, 9.53 am | Source: Reuters
Speaking to CNBC-TV18 Rajat Rajgarhia, MD, Institutional Equities at Motilal Oswal Securities, said markets have shown a resilience. Near-term impact has been severe on corporates, he said, adding that he will be surprised if mark...
30 Nov 2016, 9.41 am | Source: CNBC-TV18
The new 10-year G-Sec is expected to trade between 6.31-6.33 percent today, says NS Venkatesh, Lakshmi Vilas Bank.
30 Nov 2016, 9.06 am | Source: CNBC-TV18
It is expected that the USD-INR will trade in the range of 68.50-68.80/dollar, says
30 Nov 2016, 9.05 am | Source: Moneycontrol.com
Jonathan Barratt, Economist & CIO, Ayers Alliance believes that they would have to do something - be it a supply cut or production freeze.
30 Nov 2016, 8.49 am | Source: CNBC-TV18
US West Texas Intermediate (WTI) crude futures were at USD45.38 a barrel at 0019 GMT, up 35 percent from their last settlement.
30 Nov 2016, 7.54 am | Source: Reuters
NYMEX crude rebounds in Asia after API draw, OPEC key
30 Nov 2016, 5.56 am | Source: Investing.com
Poll shows voters wary of GOP foes being picked for Trump's cabinet
30 Nov 2016, 4.40 am | Source: Investing.com
API reports crude oil stocks fell 720,000 barrels, fuel supplies up
30 Nov 2016, 3.27 am | Source: Investing.com
Oil price down, as OPEC uncertain over production cut plan
30 Nov 2016, 12.02 am | Source: Investing.com
Iran has written to the Organization of the Petroleum Exporting Countries saying Saudi Arabia needs to cut oil output to 9.5 million barrels per day, an OPEC source told Reuters.
29 Nov 2016, 10.16 pm | Source: Reuters
Watch the interview of Ram Pitre, Market Expert Commodities and Currencies with Manisha Gupta on CNBC-TV18, in which he shared his reading and outlook on commodity markets and specific commodities.
29 Nov 2016, 8.34 pm | Source: CNBC-TV18
The disaster that OPEC was hoping to avoid looks unavoidable as players refuse to cut output, said John Kilduff, Partner at Again Capital. It is fairly clear that there may not be an output cut and how low oil prices can fall here...
29 Nov 2016, 8.16 pm | Source: CNBC-TV18
The Organization of the Petroleum Exporting Countries said in September it hoped to cut oil output to 32.5-33.0 million barrels per day from a record 33.64 million bpd to reduce a global supply overhang and bolster prices.
29 Nov 2016, 7.33 pm | Source: Reuters
Frantic out-bound foreign capital on expectations of President-elect Donald Trump's higher spending policies and concerns over the recent demonetisation drive had dragged the rupee down to test fresh 2016 lows on Monday.
29 Nov 2016, 7.00 pm | Source: PTI