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Sensex closes lower by 115 pts amid trade war fears; all eyes on OPEC meeting


Oil marketing companies HPCL, BPCL and IOC gained 2-3 percent on sharp correction in Brent crude futures.

Global cues, RIL, banks lift Sensex 261 pts amid rising trade war fears; InterGlobe dips  


Oil retailers IOC, HPCL and BPCL were down 0.7-2 percent on rising crude prices in the international markets.

Oil falls as flaring US-China trade dispute blunts risk appetite

19-06-2018| Source:Reuters

The crude price was also dented by expectations that producer group OPEC and partner Russia will gradually increase output in order to make up for involuntary losses in Venezuela and potential

OPEC sees strong oil market, possible need for more output

19-06-2018| Source:Reuters

OPEC meets on Friday to decide on output policy amid calls from major consumers such as the United States and China to cool down oil prices and therefore support the global economy by producing more

India to press for responsible crude pricing at OPEC meet: Dharmendra Pradhan

18-06-2018| Source:PTI

"There will be an OPEC conference in Vienna on June 22...Whenever we have met OPEC members, we have told them that crude oil prices should be controlled, reasonable, responsible and should meet

Crude Oil prices to trade sideways to higher: Angel Commodities


According to Angel Commodities, MCX CPO closed lower on Friday due to cut in tariff values of all the edible oils.

Oil retailers, aviation stocks rally up to 6% after Brent crude prices fall below $73/bbl


Oil prices corrected nearly 11 percent from the $80.50 a barrel (the highest level since November 2014) touched on May 17.

Excise duty cut in oil to impact fiscal deficit badly: Moody's

17-06-2018| Source:PTI

Pressure has been mounting on the government to cut excise duty on petrol and diesel to bring down their prices which have gone up following a spike in crude prices in the international market.

Economic cues to watch out for this week; these 3 stocks may return up to 44%


Sumit Bilgaiyan of Equity99 said the key factors such as rupee's movements against the US dollar and fluctuations in crude oil prices as well as developments on monsoon's progress

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