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Aramco CEO says oil market imbalance not linked with Saudi

27-01-2015| Source:Reuters

Saudi Arabia is the world's top oil exporter and largest producer in OPEC, which in November declined to cut its oil output to arrest the decline in oil prices and decided instead to focus on market share

Oil prices rebound in Asian trade

27-01-2015| Source:PTI

. US benchmark West Texas Intermediate (WTI) for March delivery gained 10 cents to USD 45.25 while Brent crude for March rose 14 cents to USD 48.30 in late-morning trade.WTI yesterday fell 44 cents

'Low oil prices can help cut energy subsidies worth $2 trn'

24-01-2015| Source:PTI

With oil prices touching "rock bottom", there is an opportunity for countries to cut energy subsidies worth USD 2 trillion, International Monetary Fund's chief Christine Lagarde said today.

Saudi King Abdullah dies, brother Salman takes over

23-01-2015| Source:PTI

7 million. It accounts for over a 10th of global supply and a fifth of crude sold internationally.

Davos 2015: Govt committed to divestment programme: Jaitley  

23-01-2015| Source:CNBC-TV18

CNBC-TV18's Menaka Doshi caught up with Finance Minister Arun Jaitley in Davos and asked him whether the government would continue to raise taxes on fuel if we see a decline in crude prices.

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

23-01-2015| Source:Moneycontrol.com

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.

Buy gold, silver & crude: Dharmesh Bhatia  

23-01-2015| Source:CNBC-TV18

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

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

22-01-2015| Source:Moneycontrol.com

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

Chief eco advisor tells why crude fall benefit's not shared  

22-01-2015| Source:CNBC-TV18

to growth going forward.Discussing slow growth in tax revenue and government’s stance on passing on the fall in global crude prices, Subramanian said that from an analytical point of view, any decrease

Buy gold, copper & crude: Navneet Damani  

22-01-2015| 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.

Oil prices dip ahead of looming ECB bond buying programme

22-01-2015| Source:Reuters

.International benchmark Brent crude futures were trading at USD 48.89 per barrel at 0139 GMT, down 14 cents since their last settlement. US WTI crude was down 41 cents at USD 47.37 a barrel.Given the overall situation

Uptrend intact; next Nifty target at 9300: Daryl Guppy  

22-01-2015| Source:CNBC-TV18

will likely be supported by a continuing share rally in key US indices: the technical analyst said the S&P 500 may test 2,150 in the near term.Crude, which has halved in the past six months is likely

Domestic crude oil production falls 1.4% in December

21-01-2015| Source:PTI

India's crude oil production fell 1.4 percent in December as output from oilfields operated by private companies like Cairn India fell sharply. Crude oil production at 3.21 million tonne

Fall in crude to boost earnings power of cos: Asian Paints

21-01-2015| Source:CNBC-TV18

From the sidelines of the World Economic Forum at Davos, KBS Anand, MD & CEO of Asian Paints spoke to CNBC-TV18's Menaka Doshi on the impact of lower crude prices and growth outlook

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

21-01-2015| Source:Moneycontrol.com

Moneycontrol BureauGlobal crude prices are floored for now, but may rise significantly over the next 12 months, feels Kotak Institutional Equities.The brokerage house is of the view that a near

Brent crude inches above USD 48, outlook remains weak

21-01-2015| Source:Reuters

action.Prices stabilised on Wednesday, with traders pointing to buying this week whenever benchmark Brent crude oil LCOc1 dropped towards USD 48 a barrel.Brent was trading at USD 48.44 a barrel

India may see current account surplus after 7 yrs: Nomura

19-01-2015| Source:PTI

Thanks to a steep fall in global crude oil prices, India may report its first current account surplus in over seven years at 1.5 percent of GDP in the ongoing quarter, leading brokerage Nomura said

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