Barrel

Brent crude futures for December rose 93 cents or roughly 1.1%, to $88.86 a barrel by 1254 GMT.

Oil steadies as supply tightness duels with recession fears

Brent crude futures for December settlement fell by as much as 1.1% but recovered to being down 17 cents, or 0.2%, at $97.75 a barrel by 1353 GMT.

Crude prices unlikely to break $63/barrel-mark: Credit Suisse

Oil prices hit 18-month highs on Tuesday but Robert Parker of Credit Suisse says high oil prices are not good for India. He said downside for Sensex is near 26,000 level.

Oil prices edge down ahead of OPEC, non-OPEC production cuts

Oil prices edged down on Wednesday in quiet early Asian trading as the market waits to see how OPEC and non-OPEC members carry through on planned supply cuts in the new year.

A rise in crude unlikely this year; see volatility: Fat Prophets

Speaking to CNBC-TV18 David Lennox of Fat Prophets said that he doesn‘t see much of an upside in crude prices for either Brent or WTI. He hasn't changed his view on prices for Brent which stands at USD 55 and USD 50 for WTI.

US oil prices top $50 a barrel for first time since June

The drop in US oil inventories in yesterday's weekly US report added to momentum after last week's OPEC announcement of a plan to cut output.

See crude at $60 a barrel by next year end: Capital Economics

Crude prices are likely to see further weakness this year, says Thomas Pugh, Commodities Economist at Capital Economics in an interview to CNBC-TV18.

Q3 to see macro noise; oil may trade up at $52 a barrel:Barclays

On the downside, he said, US' non-farm payrolls, factory orders from Japan as well as emerging market indicators aren't looking good, says Miswin Mahesh, Energy Analyst at Barclays.

Demand coming back in commodities; like precious metals: Saxo Bk

A clear rally is visible in energy sector with oil rising to USD 51 a barrel mark. Agriculture sector has also seen significant gains especially in sugar.

Oil prices jump on weak dollar, strong investor appetite

Beyond strong investment appetite from financial traders, analysts said crude was receiving support from a falling dollar, which has shed 5 percent in value against a basket of other leading currencies since the beginning of the year.

Technical rebound may continue; like equities: JPM Asset Mgmt

Speaking to CNBC-TV18, Luk says there are expectations of European Central Bank (ECB) and Bank of Japan to ease monetary policy further, which will help in easing liquidity.

Oil to remain in $25-35/barrel range in near term: IHS Research

Speaking to CNBC-TV18‘s Meneka Doshi Dan Yergin, Chairman, IHS Cambridge Energy Research Associates says oil prices are expected to remain low for atleast this quarter and the next.

HPCL, BPCL, IOC rally 2-4% on low crude price

Crude is currently below USD 60 per barrel as lower crude prices will aid margins for the OMCs.

Antique upgrades ONGC to buy, sees growth recovery

According to the brokerage, acceptance of the new formula for FY16, short-term upside in Brent and return of Ratna/R-Series block are the near-term triggers for the stock. However, a sharp fall in oil price may be a potential risk.

OPEC finds oil output consensus: Don't rock the boat

The group meets on Friday following a two-day seminar featuring the chief executives of the world's biggest energy groups, including BP and Exxon , companies whose fortunes have been abruptly altered by OPEC's decision to abandon efforts aimed at sustaining oil prices at more than USD 100 a barrel in favour of defending market share.

HPCL jumps 6%; Q4 profit highest ever in 40 years

Morgan Stanley remains overweight on stellar results driven by strong refining and marketing.

Brent inches towards $67 despite weak China factory actions

As per a private business survey, China, the world's second-largest oil consumer, posted its biggest drop in factory activity in a year to 48.9 in April.

Why oil decline could get ugly again

Oil analysts say the strong production in the US should ultimately wind down, as the output of some wells in operation declines and more wells are shut in. But for now, as seasonal factors like refinery maintenance affect demand, US production could be a catalyst for even lower prices and a new bottom for crude.

Do not expect fall in crude prices in near-term: MRPL

USD 106 per barrel is how much the crude prices could slip to but it will not ease the process of importing crude too much to a country like India. It will be pretty much unchanged. In an interview to CNBC-TV18, PP Upadhya, MD of MRPL spoke about whether the crude prices will impact them or not.

Brent rises above $109 on China data; Iran comments weigh

Brent oil rose above USD 109 a barrel on Monday after promising China data, but prices may struggle to hold on to gains as risk premiums come off after Iran and the United States signalled a fresh will to end the dispute over Tehran's nuclear programme.

Oil slips below $103 on weak China demand

China's refinery crude throughput fell three percent in April from March, its lowest daily rate since last September, as refineries entered maintenance season.

Oil edges up slightly in second straight day of gains

Brent crude oil prices closed below USD 100 a barrel on a second day of modest gains on Friday, after surpassing USD 100 earlier in the session and recovering some ground after a steep six-day decline.

Sell gold on rally; buy crude on dip: Commtrendz

In an interview with CNBC-TV18, T Gnanasekar, Director at Commtrendz Research & Fund Management suggests selling gold on rallies up to Rs 30,600-30,650 per 10gm with stop loss for this trade at Rs 30,800 per 10 gm and target at around Rs 30,350 per 10gm.

Brent climbs near $111 after 4-day fall

Brent crude edged up towards USD 111 a barrel on Monday after a four-day decline spurred by worries over a fragile global economy, with supply risks supporting prices as violence in the Middle East intensified.

Brent climbs above $116, central bank meetings spur hopes

Brent futures rose for a fourth day in Asia on Tuesday, reaching more than USD 116 per barrel on persistent hopes for stimulus measures from central banks in the United States and Europe, with key policy meetings this week and next.