Nov 14, 2014 11:52 AM IST
Brent has fallen for eight weeks in a row, its longest weekly losing streak since records began in 1988, based on Reuters data. It has lost nearly 7 percent so far this week.
- Oct 30, 2014 03:53 PM IST
Despite alleged differences between various fundamentalist groups like ISIS, al-Qaeda or Boko Haram in Nigeria, they are all united on one issue: that the world must be ruled by Islam. Which brand of Islam must prevail will be settled later â€“ equally murderously.
- Oct 28, 2014 03:16 PM IST
Hit by uncertainty over oil supplies from West Asia, India is keen to diversify its imports and wants to buy crude from the US, Oil Minister Dharmendra Pradhan has said.
- Oct 28, 2014 08:27 AM IST
US shale oil will replace the Organization of the Petroleum Exporting Countries as the first-mover "swing producer," according to a Goldman Sachs report from the weekendâ€”meaning OPEC is losing its power to set global prices for crude.
- Oct 14, 2014 02:59 PM IST
The current gold prices are in the range of Rs 27,000 per ten grams in India. We recommend buying in at Rs 26,500 levels and holding delivery. In the current circumstances.
- Oct 14, 2014 02:41 PM IST
"Recent price drops appear both supply and demand driven. Further oil price drops would likely be needed for supply to take a hit â€“ or for demand growth to get a lift," the agency representing industrialised nations said in a monthly report.
- Oct 13, 2014 01:21 PM IST
"For the first time in 10 years Pakistan has released our 50 boats and 200 fishermen from jail. Immediately after forming the government, the first thing I did was this," he said.
- Sep 15, 2014 12:22 PM IST
"The Middle East and Africa, no question about it, is a greater systemic risk. Flare-ups in Nigeria, Syria, Iraq, potentially Libya, Saudi Arabia, and Kuwait are far more significant than Russia and Ukraine," said Viktor Shvets, head of Asia strategy research at Macquarie.
- Sep 11, 2014 09:45 PM IST
US President Barack Obama today vowed to "degrade and ultimately destroy" the Islamic State, as he announced a major expansion of the military campaign, including American airstrikes in Syria and the deployment of 475 more military advisers to Iraq, to achieve this goal.
- Sep 11, 2014 01:58 PM IST
"We will degrade and ultimately destroy ISIL through a comprehensive and sustained counter-terrorism strategy," Obama said in his nationally televised speech in which he set no timeline to achieve his goal to defeat the terrorist group.
- Sep 09, 2014 08:34 AM IST
"They will discuss ways to accelerate economic growth, bolster security cooperation, and collaborate in activities that bring long-term benefits to both countries and the world," Earnest said.
- Aug 23, 2014 02:16 PM IST
The administration has indicated it does not want to put combat troops into the region, although it has said it is evaluating all options on how to deal with Syria.
- Aug 20, 2014 07:00 PM IST
Many policymakers across the world would like to move away from this ultra-loose monetary policy, which they introduced to drag their countries out of the financial crisis. But the economies are not playing ball.
- Aug 19, 2014 11:43 AM IST
The brokerage sees almost no losses on diesel after September price hike and expects greatest upside for HPCL and BPCL with improving marketing margins. As losses on retail diesel sales are now down to Rs 0.8 per litre, Goldman Sachs estimates it to fall to Rs 0.3 per litre after the price hike on September.
- Jul 10, 2014 07:34 PM IST
Jaitley said he would prefer to lower fiscal deficit by boosting revenues rather than cutting down on expenditure.
- Feb 23, 2014 07:55 PM IST
The world's largest air-cooler maker Symphony is eyeing to garner as much as 50 percent of its revenue from exports over the next five years as it looks at entering new overseas market, a top executive has said.
- Jan 14, 2014 09:19 AM IST
Gold prices ballooned in the years since the 2008 financial crisis, driving prices to record highs thanks to ultra-low interest rates from the Federal Reserve's economic stimulus programs.
- Dec 31, 2013 12:15 PM IST
Fears of supply disruptions in the Middle East and Africa have offset concerns during the year about weak global demand, keeping Brent trading in a USD 22 range from USD 96.75 a barrel to USD 119.17 a barrel.
- Aug 29, 2013 11:19 AM IST
Speaking to CNBC-TV18, Mike Wittner, head of global oil and commodities research- Societe Generale says the likelihood of a US-led attack on Syria owing to its alleged usage of chemical weapons is extremely high and now, it is more a question of when and in what form the attack will take place.
- Jul 08, 2013 06:58 PM IST
India said it is interested in importing liquefied natural gas (LNG) from Iraq, with imports of the cleaner fuel becoming attractive after New Delhi decided to raise prices of locally produced gas from April 2014.
- Jun 23, 2013 08:16 AM IST
A suicide bomber blew himself up inside a Shi'ite mosque in northern Baghdad killing at least 12 people during evening prayers, police and medics said, in the deadliest of a series of attacks that claimed more than 30 lives across Iraq on Saturday.
- Jun 20, 2013 09:32 PM IST
Agreeing to move beyond a buyer-seller relationship, India and Iraq on Thursday decided to expand their partnership in energy security.
- Jun 16, 2013 07:59 PM IST
External Affairs Minister Salman Khurshid will embark on a two-day visit to Iraq on June 19 during which he will hold talks with top Iraqi leadership on issues of mutual interest including import of oil.
- Feb 18, 2013 08:32 AM IST
Arms sales by the 100 biggest weapons makers fell for the first time since the mid-90s in 2011 as economies slowed and military equipment purchases were reduced for operations in Afghanistan and Iraq, a leading think-tank said on Monday.
- Dec 04, 2012 10:52 AM IST
The number of terrorist attacks each year has more than quadrupled in the decade since September 11, 2001, a study released on Tuesday said, with Iraq, Pakistan and Afghanistan the most affected.