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Live Market Updates: HPCL, BPCL down 1-2% on Budget day; Sensex, Nifty stable

28-02-2015| Source:Moneycontrol.com

Oil marketing companies (OMCs) are under pressure. CLSA sees the Budget to be negative for refiners as every 1 percent increase in duty will pull down gross refining margins by USD 0.3 per barrel. Both HPCL and BPCL are down 1-2 percent.

Union Budget 2015: Govt may back off fertiliser subsidy reform

28-02-2015| Source:Reuters

The government was widely expected to deregulate urea prices after freeing up diesel following a fall in crude prices, but two government sources said major changes were unlikely.

Economic Survey: In a favourable situation with CAD on low crude: ICRIER  

27-02-2015| Source:CNBC-TV18

The Economic Survey for 2014-15 has projected a growth of 8.1- 8.5 percent for FY16, and said there was scope for big bang reforms.

Economic Survey: Global economic outlook most favourable since 2008

27-02-2015| Source:PTI

Global economic outlook appears to be "most favourable" since the 2008 financial meltdown and is likely to improve further on the back of plummeting crude oil prices coupled with sharp

Economic Survey: Cheap oil will lift growth, but challenge is to create jobs

27-02-2015| Source:Moneycontrol.com

Simulating the effects of tax cuts, declining oil prices will add spending power to households, thereby boosting consumption and growth, the Economic Survey said

Buy gold and sell crude: Navneet Damani  

27-02-2015| Source:CNBC-TV18

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

Budget 2015-16: Stanchart sees 4 different sources for govt to raise funds

27-02-2015| Source:Moneycontrol.com

The government could implement a road cess to fund road development, or raise duties on crude oil imports, according to Stanchart

Union Budget 2015: 3.6% target achievable; see higher agri growth, pros say  

27-02-2015| Source:CNBC-TV18

if they can reduce outlay.On Saturday’s Union Budget, Prasanna expects the government to increase indirect taxes, such as a 2 percent increase in service tax and maybe hiking import duty on crude

Budget 2015-16: Revive capex through savings on cheap crude says Kotak Sec  

27-02-2015| Source:CNBC-TV18

to save Rs 1 lakh crore due to lower crude prices and that should be used to revive the capex cycle in the country.Prasad, however, is bearish on the Indian equity market as he believes the current

Oil cos suffer inventory loss of Rs 30Kcr on price slump:FM

27-02-2015| Source:PTI

prices crash as they would buy crude oil at a particular price but by the time it is shipped to India, refined and turned into fuel, the rates would have gone down.Since retail pump rates are linked

Crude price likely to remain volatile, says Sushil Finance

26-02-2015| Source:Moneycontrol.com

According to Sushil Finance, crude oil prices are likely to remain volatile on concerns that falling U.S. oil rig counts may rein in a market glut.

Are oil producers running out of closet space?

26-02-2015| Source:CNBC

Oil supply running ahead of demand hasn't just pressured prices, it's also filling up storage space, potentially pushing crude toward another leg down. "We're going to see pretty fast inventory

Fall in crude prices has helped working capital: Aarti Ind  

25-02-2015| Source:CNBC-TV18

Aarti Industries has gained over 9 percent intraday Wednesday and has rallied 191 percent on a one-year basis from the levels of around Rs 102 to Rs 300. In an interview to CNBC-TV18, Rajendra Gogri, Chairman & Managing Director, Aarti Industries, discusses on the companys outlook.

Buy gold, silver, copper & sell crude: Naveen Mathur  

25-02-2015| Source:CNBC-TV18

Watch the interview of Naveen Mathur of Angel Commodities with Ekta Batra and Anuj Singhal on CNBC-TV18. He spoke about the current trend in commodities markets.

Expect Crude oil prices to trade lower: Angel

25-02-2015| Source:Moneycontrol.com

According to Angel Commodities, Crude oil prices are expected to trade lower in tandem with trend in international markets.

Oil back below $50 as OPEC hopes fade

25-02-2015| Source:CNBC

, telling Media overnight there was no emergency meeting planned. Brent crude futures dropped to 58.56 a barrel by 8:00 am GMT on Tuesday and US crude was back at USD 48.97 a barrel after climbing above USD

Union Budget 2015: Excise hike on petrol, diesel to add Rs 20,250 cr: Sinha

24-02-2015| Source:CNBC-TV18

that prevented consumers from enjoying the full benefit of 60 percent fall in crude prices

Union Budget 2015: Delivery beyond crude payoff is crucial- Sunidhi Securities

24-02-2015| Source:Moneycontrol.com

Sunidhi Securities expects the savings in subsidy burden mainly due to the fall of crude prices, to be diverted towards capital spending which will help to kick start the investment cycle to some

Sell gold buy crude: T Gnanasekar  

24-02-2015| Source:CNBC-TV18

Watch the interview of T Gnanasekar of CommTrendz Research & Fund Management with Ekta Batra and Anuj Singhal on CNBC-TV18. He spoke about the current trend in commodities markets.

Oil up in Asia but US crude stays below $50

24-02-2015| Source:PTI

A closely watched report on US weekly crude stockpiles is next due tomorrow, with a Media News survey saying inventories are expected to rise by 3.75 million barrels. US oil stockpiles are already

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