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ONGC to begin oil production from KG block in 2019

20-09-2014| Source:PTI

the block is planned for 2018 and first oil in 2019," Oil and Natural Gas Corp (ONGC) Chairman and Managing Director Dinesh K Sarraf told reporters here.While a bulk of its near 25 million tonnes crude oil

ONGC invests Rs 81890cr to raise output & boost discoveries

19-09-2014| Source:PTI

) and Enhanced Oil Recovery (EOR) schemes on these fields."Our efforts have paid off well - with 7.46 million tonnes in FY'14 alone, which is about 33 per cent of ONGC's domestic crude production. Thus, till FY'14

Worst not over for crude; continue to sell: Navneet Damani  

19-09-2014| Source:CNBC-TV18

Watch the interview of Navneet Damani of Motilal Oswal Commodities Broker with Ekta Batra and Reema Tendulkar on CNBC-TV18. He spoke about the current trend in commodities markets.

Govt mulls excise duty hike on unbranded diesel  

18-09-2014| Source:CNBC-TV18

Government is currently considering a proposal to hike excise duty on unbranded diesel on the back of softening crude oil price, and oil marketing companies reporting a marginal gain of 35 paise

Sell MCX Crude Oil; target of Rs 5700/5670: Karvy

18-09-2014| Source:Moneycontrol.com

Karvy has recommended to sell MCX Crude oil at Rs 5750/5755 for the target price of Rs 5700/5670 with a stop loss above Rs 5805, in its research report dated September 18, 2014.

Remain bearish on gold & crude: Nirmal Bang  

18-09-2014| Source:CNBC-TV18

Watch the interview of Kunal Shah of Nirmal Bang Commodities with Ekta Batra and Reema Tendulkar on CNBC-TV18. He spoke about the current trend in commodities markets.

Nifty likely to open in red; Fed may keep rates low for now

18-09-2014| Source:Moneycontrol.com

pressure on commodities like crude and gold.Stocks rose, with the Dow ending at a record and the S&P 500 back above 2,000 after the Federal Reserve said it was nearing the end of its asset purchases

Buy MCX Crude oil; target of Rs 5835/5860: Karvy

17-09-2014| Source:Moneycontrol.com

Karvy has recommended to buy MCX Crude oil at Rs 5750/5758 for the target price of Rs 5835/5860 with a stop loss below Rs 5720, in its research report dated September 17, 2014.

Oil steadies below $99 on talk of OPEC output cut

17-09-2014| Source:Reuters

Brent crude oil consolidated around USD 99 per barrel on Wednesday, recovering from a sharp sell-off, on hopes the Organization of the Petroleum Exporting Countries (OPEC) would help reduce a global

ICRA pegs tyre industry to grow at 8% in 2014-15

16-09-2014| Source:PTI

The decline in natural rubber and crude oil prices would provide the requisite headroom for passing on some benefits to the consumers, it said.

Remain bearish on crude: Kotak  

16-09-2014| Source:CNBC-TV18

Watch the interview of Dharmesh Bhatia of Kotak Commodity Services with Ekta Batra and Reema Tendulkar on CNBC-TV18. He spoke about the current trend in commodities markets.

Positive on OMCs, pharma; overweight on pvt banks: Emkay  

16-09-2014| Source:CNBC-TV18

The house continues to remain positive on oil marketing companies on back of expected reforms and disinvestments. The reduction in crude prices has been an added advantage says Sinha.

Palm oil futures may trade on mixed note: Angel

15-09-2014| Source:Moneycontrol.com

10.5% in August. Malaysia has exempt export tax for September and October.India's crude palm oil imports increased 48.88% in July to 527,648 tn from 354,401 tn last year.OutlookPalm oil futures

Sell MCX Crude oil; target of Rs 5570: Karvy

15-09-2014| Source:Moneycontrol.com

Karvy has recommended to sell MCX Crude oil at Rs 5630-5625, for the target price of Rs 5570 with a stop loss of Rs 5665, in its research report dated September 15, 2014.

How India can gain from falling crude, gold & coal prices

15-09-2014| Source:Moneycontrol.com

Moneycontrol BureauWith crude prices retreating to 17-months low of 97 per barrel from USD 105 per barrel in mid-June and coal prices falling to 5 year lows, Indian economy seems poised for multi

Sensex, Nifty struggle; Brent near 2-yr low, metals melt

15-09-2014| Source:Moneycontrol.com

Brent crude is seeing further softening to 26-month lows. Globally, disappointing Chinese data weighs on Asian markets. Traders are also cautious ahead of the FOMC policy decision.

Must eliminate diesel subsidies now: Raghuram Rajan  

15-09-2014| Source:CNBC-TV18

With crude oil prices falling globally, the Reserve Bank governor on Monday pitched in for eliminating diesel subsidies completely. However, he cautioned that geopolitical risks – Ukraine

Nifty likely to open in red over weak macros & global cues

15-09-2014| Source:Moneycontrol.com

classes, the big news continues to be the slide of Brent Crude prices. Brent has now slipped below the USD 97 dollars per barrel mark pressured by a strong dollar, weak demand and ample supplies. The oil

Brent crude near 2-yr low: Top oil stocks to buy and sell now

13-09-2014| Source:Moneycontrol.com

Brent crude near 2-yr low: Top oil stocks to buy and sell now

Will invest Rs 1 trn in petchem, oil&gas in Odisha: Oil Min

12-09-2014| Source:PTI

kinds of crude and produce petrol, diesel, LPG, propylene and ATF. In order to maintain adequate stock of oil for emergency situations, Chandikhole area in the state has been identified for establishment

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