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Diesel prices are likely to be cut by Rs 2-3/litre effective November 1 courtesy fall in global crude oil prices, CNBC-TV18 learns from sources.With this the oil marketing companies (OMCs) are likely
on track despite signs of a slowdown in many parts of the global economy.In commodities, Brent crude prices slipped to USD 86 a barrel after the Fed announced it would end its two-year-old bond
Watch the interview of Naveen Mathur, Angel Commodities with Sonia Shenoy & Anuj Singhal on CNBC-TV18, in which he spoke about gold, copper, silver and crude.
, and that aided by lower crude prices, the “risk rally” continues to remain under way.“We see the prospect of a strong November,” Gibbs, said adding that the S&P 500 in the US could take
Sweden's Central Bank saw the currency slump to four-year lows.In commodities, Brent crude prices were steady above USD 86 per barrel after industry data showed a rise in us crude inventories
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.
Hit by uncertainly 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.The new strategy is being
now been pushed to the second or third quarter of 2015 as against the first quarter, that was expected by many economists till until recently.Chowdhry added that demand for crude has remained weak due
Plunging crude prices will eventually reduce raw material cost price but companys margins could remain under pressure, says Vimal Kedia, MD, Manjushree Technopack.
crude to USD 75 from USD 90.
Crude oil has seen vertical fall in global commodity market. As per astro economics now time to trade in crude oil, says Ajay Jain, CEO, Astromoneyguru.
is losing its power to set global prices for crude.
Energy shares were by far the day's biggest drag, with the S&P 500 energy index falling 2 percent. US crude oil CLc1 briefly traded below USD 80 a barrel after Goldman Sachs slashed its crude
.In the US, stocks closed little changed, after the market's best week of the year, as investors tracked the cost of crude as a proxy for the health of the global economy and sorted through quarterly earnings
Goldman cut its WTI crude oil forecast to USD 75 a barrel for the first quarter and second half of next year, down from USD 90 previously, and lowered its Brent forecast to USD 85 a barrel from USD
mixed. Hang Seng and Shanghai fell more than 0.5 percent while Nikkei gained 0.6 percent.Brent crude continued to lose after falling for five straight weeks, down 0.66 percent to USD 85.56 a barrel
India is considering raising the import taxes on crude and refined vegetable oils to protect local farmers and the refining industry, two government sources said on Monday, as purchases by the world
Watch the interview of T Gnanasekar, Commtrendz Research & Fund Management with Ekta Batra & Anuj Singhal on CNBC-TV18, in which he spoke about gold, crude, copper and silver.
weakness in global crude oil prices – thanks to political (Saudi Arabia not reducing output as lower prices hurt Iran and Russia) and economic (world economy, barring US, remains soft, leading to weak
Adrian Mowat, Chief Asian & Emerging Equity Strategist, JPMorgan said that fall in global crude prices is positive for EMs like India, Indonesia and Thailand. But, a further reduction in prices
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