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Saudi King Abdullah dies, brother Salman takes over

23-01-2015| Source:PTI

in the birthplace of Islam, also the world's top oil exporter.

Why Saudi succession isn't a big deal for oil

23-01-2015| Source:CNBC

Nymex WTI crude oil futures rose as much as 2.5 percent to USD 47.76 after the news broke but trended back down to USD 47.25 by mid-day in Asia.

Rs 200cr QIP funds to be used for expansion: Deepak Nitrite  

23-01-2015| Source:CNBC-TV18

to the exchanges showed. The revenue decline was led by the decline in crude prices.But Upadhyay said he did not expect revenue de-growth to take place in the fourth quarter. “The fall in crude oil has

Sell MCX Crude oil Feb; target of Rs 2811: Way2Wealth


Way2Wealth has recommended to sell MCX Crude oil Feb around Rs 2920 with a stop loss of Rs 2997 for the target price of Rs 2811, in its research report dated Jan 23, 2015.

Cairn Q3 profit falls 41% to Rs 1,350 cr, misses forecast  


Moneycontrol BureauCairn India's third quarter consolidated net profit tanked 41 percent sequentially to Rs 1,350 crore due to lower crude oil prices.Consolidated revenue declined 12 percent to Rs 3

BP on crude shock: Fundamentals are being priced into oil  

22-01-2015| Source:CNBC-TV18

On the sidelines of the World Economic Forum, CNBC-TV18s Menaka Doshi caught with Dev Sanyal, Executive VP Strategy & Regions, BP, to get his take on the sharp decline in the prices of crude

Oil prices dip ahead of looming ECB bond buying programme

22-01-2015| Source:Reuters

Oil prices dipped early on Thursday ahead of the expected announcement of a bond-buying programme by the European Central Bank (ECB) later in the day that could push the dollar to new highs and put

Domestic crude oil production falls 1.4% in December

21-01-2015| Source:PTI

State-owned Oil and Natural Gas Corp (ONGC) reported a 0.7 percent rise in output at 1.9 million tonne on the back of 5 percent surge in offshore production.

Crude oil bottoming out; $60-70/bl likely in a year: Kotak


The brokerage house is of the view that a near-term curb on high-cost shale oil production in US and Canada will reduce the current excess supply.

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Jan 24, 2015 at 23:22 | Source: FirstPost
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