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Cairn up 1.4%, gets environment nod for oil production hike

21-08-2014| Source:Moneycontrol.com

The ministry of environment and forests has given environment clearance to the subsidiary of Vedanta Resources to raise crude oil production from its prolific Rajasthan block by 50 percent to 300

Expect Crude prices to move down further: Emkay

21-08-2014| Source:Moneycontrol.com

Crude Oil prices are Expected to move down further initially pressured by the dull market sentiments for commodities and diminishing Crude Oil demand, says Emkay.

Expect crude to drop below $100/bbl: Nirmal Bang  

21-08-2014| Source:CNBC-TV18

Watch the interview of Kunal Shah of Nirmal Bang Commodities with Latha Venkatesh and Sumaira Abidi on CNBC-TV18. He spoke about the current trend in commodities markets.

USDINR may trade on negative note: Sushil Finance

20-08-2014| Source:Moneycontrol.com

USDINR may trade on the negative note as lower Brent crude prices may continue to pressure US dollar. Further, geopolitical tensions in Iraq and ongoing conflicts between Russia and Ukraine may

Pressure will continue on crude, says Kishore Narne  

20-08-2014| Source:CNBC-TV18

Watch the interview of Kishore Narne, Motilal Oswal Commodity Broker with Ekta Batra and Latha Venkatesh on CNBC-TV18. He spoke about the current trend in commodities markets.

Crude below $100/bbl may hasten diesel price decontrol

20-08-2014| Source:Moneycontrol.com

After consolidating for a few days, crude prices today fell below the key USD 100 per barrel mark, giving rise to expectations that given the recent stability the rupee has witnessed, diesel prices

Gas price to be next big trigger for sector: Moody's  

20-08-2014| Source:CNBC-TV18

Credit rating agency Moody's in a recent note has said that it expects credit profile of OMCs to improve over the next 12 months on the back of falling crude prices and subsidy burden.

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