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Oil hits four-year low on Cushing build, OPEC concerns

14-11-2014| Source:Reuters

Oil prices fell about 3 percent on Thursday to four-year lows after government data showed US crude stockpiles surged at the delivery point for crude futures.The declines compounded losses from

Vedanta profit hurt by costs, revenue up

13-11-2014| Source:Reuters

September 30 from USD 2.21 billion a year earlier.Vedanta said lower volumes at Zinc India, lower Brent crude prices, a higher share of profit on petroleum payable to the Government of India and a planned

Sell MCX Crude oil; target of Rs 4690: Karvy

13-11-2014| Source:Moneycontrol.com

Karvy has recommended to sell MCX Crude oil at Rs 4780-4785, for the target price of Rs 4690 with a stop loss of Rs 4833, in its research report.

Govt hikes excise on petrol, diesel by Rs 1.50 per litre

13-11-2014| Source:CNBC-TV18

Moneycontrol BureauEnding speculations over a fuel price cut on the back of softening crude, the government on Thursday hiked the excise duty on petrol and diesel prices by Rs 1.50 per litre

BPCL slips 3.5%, CLSA downgrades post Q2 earnings

13-11-2014| Source:Moneycontrol.com

CLSA says that oil marketing companies (OMCs) no more benefit from falling crude price after diesel price deregulation and warns that these companies may have to bear one-time inventory losses

Food ministry recommends raising edible oil import taxes

13-11-2014| Source:Reuters

The world's biggest vegetable oil importer levies a 2.5 percent tax on the crude variety and 10 percent on refined. It imports nearly 60 percent of its 18-19 million tonnes annual demand, mostly

India may see further earnings upgrade in 2015: JPMorgan  

13-11-2014| Source:CNBC-TV18

According to Adrian Mowat, the fall in crude price and the pick up in economy is making Indian equities quite attractive right now.

Dow, S&P 500 dip, end 5-day streak of closing highs

13-11-2014| Source:Reuters

Energy shares fell along with oil prices, with Brent crude oil breaking below USD 80 a barrel for the first time since September 2010. Shares of Exxon Mobil were down 1.1 percent at USD 95.38, while

Petrol, diesel rates likely to be cut by Re 1

12-11-2014| Source:PTI

oil firms revise rates of petrol, which was deregulated in June 2010, and diesel on 1st and 16th of every month based on average international oil price and rupee-US dollar exchange rate.Brent crude

Oil India Q2 profit falls 33% to Rs 608 cr on lower revenue

12-11-2014| Source:Moneycontrol.com

Net sales slipped 23.8 percent to Rs 2,081 crore in the quarter ended September 2014 compared to Rs 2,729.6 crore in same quarter last year, impacted by lower crude oil prices.

Sensex, Nifty continue to surge; Brent falls below $81/bbl

12-11-2014| Source:Moneycontrol.com

Brent crude dropped below USD 81 a barrel, holding just above a four-year low as concerns over a mounting oil glut outweighed geopolitical and supply disruption risks in Ukraine and Libya.

Expect Crude oil prices to trade negative: Sushil Finance

12-11-2014| Source:Moneycontrol.com

According to Sushil Finance, crude oil prices are expected to trade on negative note as increasing supplies and low demand is likely to keep crude oil prices under pressure, says the report.

To invest $300 mn on capex over 3 years: Uflex  

12-11-2014| Source:CNBC-TV18

. It saw an improvement in pricing, resulting in better financials.The company is also benefiting from falling crude prices as it is affecting prices of crude derivatives, which is used by it as raw material

See Oct CPI in 5.5% range; rate cut in H2 2015: Deutsche Bk  

12-11-2014| Source:CNBC-TV18

Rajan is unlikely to cut rates based on just the recent CPI data, which at the moment is backed by crude prices falling globally to a great extent, says Taimur Baig.

Stronger dollar could mean $30 oil: Experts

12-11-2014| Source:CNBC

Brent crude dipped below $81 per barrel for the first time in four years. Meanwhile West Texas Intermediate crude clocked in at $77.48 per barrel.

Crude dip above RBI expectation, to help tame inflation: ED

11-11-2014| Source:PTI

stronger than what the last policy had done," Mohanty, whose remit includes the crucial monetary policy department, said at a conference.The price of Indian crude basket has fallen to a low of

Base metals, Crude may trade lower: Angel Commodities

11-11-2014| Source:Moneycontrol.com

Angel Commodities has come out with its report on international commodities. According to the research firm base metals and crude oil are expected to trade lower, suppressed demand amid high supplies

Oil India Q2 profit seen down 6% on lower realisation: Poll

11-11-2014| Source:CNBC-TV18

are expected to be led by lower crude oil prices during the quarter. Brent crude price averaged at around USD 102 a barrel, down 9 percent Y-o-Y in rupee terms and down 7 percent in dollar terms.

Brent crude oil falls to 4-year low of $81.23/bbl

11-11-2014| Source:Reuters

Brent crude oil futures fell by more than USD 1 today to a four-year low of USD 81.23 a barrel, as a strong dollar and robust production from US shale oil fields weighed on prices.

Excess supply may lead to lower gas price in 2 yrs: JM Fin  

11-11-2014| Source:CNBC-TV18

years on higher supply.He sees crude price in the USD 90-100 per barrel level, though it might come under pressure in the near term.Below is the verbatim transcript of Mehul Thanawala's interview

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