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  • Crude oil declines 1.5% Feb 02, 2011 08:17 AM IST

    Crude oil declines 1.5%

    LME Copper gained over USD 200/tonne yesterday, within striking distance of USD 10000/tonne. US Copper went up by 2%. Copper has gained over 8% in the last week.

  • Crude slips ahead of weekly oil inventory data Feb 02, 2011 07:55 AM IST

    Crude slips ahead of weekly oil inventory data

    US crude prices fell ahead of the weekly oil inventory data. However, brent oil prices hit 28-month high settling at around USD 102 per barrel mark on oil supply concerns amid the growing unrest in Egypt.

  • Crude oil trades around USD 92/barrel Feb 01, 2011 08:09 AM IST

    Crude oil trades around USD 92/barrel

    Nymex crude saw a high of USD 92.84/barrel. Currently it is trading just below USD 92/bbl..

  • Crude settles at highest level in 27 mths on Egypt fears Feb 01, 2011 07:53 AM IST

    Crude settles at highest level in 27 mths on Egypt fears

    US crude oil futures settled at their highest level in 27 months on fears that the civil unrest in Egypt could widen to other Middle East countries and disrupt oil shipments from the region.

  • Crude oil trades above USD 90/bbl Jan 31, 2011 08:45 AM IST

    Crude oil trades above USD 90/bbl

    Brent crude oil prices were at almost USD 100/bbl on Egypt unrest. Egypt controls Suez Canal, which was passage for supply to Europe.

  • IEA calls on OPEC to be flexible, watch Egypt Jan 30, 2011 09:17 AM IST

    IEA calls on OPEC to be flexible, watch Egypt

    The West's main energy watchdog, the IEA, called on Saturday on oil group OPEC to be flexible in the face of instability in the Arab world, saying prices could spike even because of a small disruption.

  • Wall Street retreats from 29-month high; crude jumps 4.4% Jan 29, 2011 09:13 AM IST

    Wall Street retreats from 29-month high; crude jumps 4.4%

    Wall Street retreated from its 29-month high on Friday as escalating anti-government protests in Egypt prompted investors to move away from equities and into safer assets.

  • Crude slips nearly 2%; trading at $ 85.12/bbl Jan 28, 2011 07:47 AM IST

    Crude slips nearly 2%; trading at $ 85.12/bbl

    Oil prices slipped nearly 2% on talks of OPEC raising output to cool prices and a rise in US jobless claims. Currently it is trading at USD 85.12 per barrel.

  • Crude slips 2% to USD 85/bbl on Thurs Jan 28, 2011 07:09 AM IST

    Crude slips 2% to USD 85/bbl on Thurs

    Shanghai copper fell 0.5% and it has failed to hold USD 9500/tonne. Support for copper is seen at USD 9300/tonne.

  • See mkt from 1-yr view, budget focus on agri: Credit Suisse Jan 27, 2011 10:35 AM IST

    See mkt from 1-yr view, budget focus on agri: Credit Suisse

    Concerns on high inflation and crude prices have been, since quite sometime, playing a dampener on the markets. However, this doesn't worry Toral Munshi head of India equity research at Credit Suisse Wealth Management.

  • Mkt fall overdone; good idea to buy now: Deven Choksey Jan 27, 2011 10:00 AM IST

    Mkt fall overdone; good idea to buy now: Deven Choksey

    Deven Choksey of KR Choksey Securities feels that Tuesday's fall might have been overdone. "The markets have probably completed the kind of fall, which it wanted to," he believes.

  • Crude oil trades at around USD 87.6/bbl Jan 25, 2011 08:31 AM IST

    Crude oil trades at around USD 87.6/bbl

    Nymex Crude closed below USD 87.5/bbl on Monday and was close to 2011 low of USD 87.25/barrel. Currently it is trading at around USD 87.6 a barrel. Weekly report is expected to show a 1 million barrels rise in inventories.

  • Crude drops to 5-week low; trading at $ 87.50/bbl Jan 25, 2011 07:50 AM IST

    Crude drops to 5-week low; trading at $ 87.50/bbl

    Crude meanwhile dropped to 5-week lows settling at around USD 88 per barrel mark as Saudi Arabian oil minister signaled that the OPEC may hike production to maintain the global supply-demand balance. Currently it is trading at USD 87.50 per barrel.

  • Crude trades above USD 89/bbl Jan 24, 2011 08:05 AM IST

    Crude trades above USD 89/bbl

    Nymex crude was trading above USD 89/barrel today. Crude had lost 2.7% last week. Brent crude was close to USD 98/barrel on the back of higher euro & tight North Sea supplies.

  • Crude tumbles nearly 2% as China may hike interest rates Jan 21, 2011 07:52 AM IST

    Crude tumbles nearly 2% as China may hike interest rates

    Crude prices tumbled nearly 2% on worries that China may raise interest rates to combat inflation and unexpected rise in US crude stockpiles. It is trading at USD 89.52 per barrel.

  • Crude oil trades at around USD 91.6/bbl Jan 20, 2011 08:07 AM IST

    Crude oil trades at around USD 91.6/bbl

    Weak US markets weighed on commodities. US housing starts fell 4.3% on month-on-month basis. Dollar Index was supportive yesterday, which was down further 0.5%.

  • Crude slips to 1-week low Jan 20, 2011 07:54 AM IST

    Crude slips to 1-week low

    Oil reversed earlier gains falling to a 1-week low on the back of declining US housing starts. Crude currently stands below the USD 91 dollar per barrel mark.

  • Kshitij.com sees $ coming down to Rs 44.50 Jan 19, 2011 01:57 PM IST

    Kshitij.com sees $ coming down to Rs 44.50

    In an interview with CNBC-TV18's Latha Venkatesh, Vikram Murarka, Chief Currency Strategist at Kshitij.com spoke about the globally weakening dollar and the risks that are arising in the currency market.

  • Weakening $ supporting crude prices: Safetrade Adv Jan 19, 2011 12:05 PM IST

    Weakening $ supporting crude prices: Safetrade Adv

    N Prasad, CEO, Safetrade Advisors told CNBC-TV18 that gold is in a temporary bounceback sitution from the last two three days internationally.

  • Oil stocks to see some relief rallying: Udayan Jan 17, 2011 10:31 AM IST

    Oil stocks to see some relief rallying: Udayan

    CNBC-TV18’s Managing Editor Udayan Mukherjee sees some relief coming in for oil marketing companies after petrol prices went up.

  • Oil prices rising too high, too fast: Total CEO Jan 17, 2011 08:00 AM IST

    Oil prices rising too high, too fast: Total CEO

    Global oil prices have risen too high, too quickly but increased OPEC output will not stem the rise as the climb is driven by demand, the chief executive of French oil major Total said on Sunday.

  • Crude oil trades at around USD 91.5/bbl Jan 17, 2011 07:57 AM IST

    Crude oil trades at around USD 91.5/bbl

    CRB Commodity Index ended flat on Friday; was up by 2.8% for the week. US macro data was mixed and China raised banks' reserve requirement ratio by 50 bps again.

  • Iran says $100 a barrel is appropriate price for oil Jan 16, 2011 02:17 PM IST

    Iran says $100 a barrel is appropriate price for oil

    Iran's oil minister said on Sunday that USD 100 for a barrel of crude was appropriate and there was no need to hold an emergency OPEC meeting to discuss the price.

  • Crude continues to gain; trading at $ 91.95/ bbl Jan 13, 2011 07:47 AM IST

    Crude continues to gain; trading at $ 91.95/ bbl

    In commodities- crude continued to gain. Production shutdowns, falling US inventories and growing demand sent oil to multi-year highs and closer to the USD 100 a barrel mark.

  • Brent crude at 27-mth high near $98 on disruption concerns Jan 12, 2011 12:41 PM IST

    Brent crude at 27-mth high near $98 on disruption concerns

    Brent crude prices stayed near USD 98 on Wednesday, the highest level since October 2008, as production shutdowns in Norway and Alaska raised expectations of an accelerated tightening of supplies in Atlantic basin, Middle East and Asia-Pacific oil markets.

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