Oil prices likely to rebound to $80 in 2015
Crude oil prices are likely to recover towards the marginal cost of supply around USD 80 per barrel during 2015, a global rating agency has said.
Dec 24, 2014, 14:24 PM IST
Oil tumbles after brief rebound; Brent back below $60
Global crude oil prices slumped anew on Thursday, a day after a short-covering rally, as traders placed fresh bets the market would resume a six-month rout on worries about a supply glut.
Dec 19, 2014, 02:29 AM IST
Asian stocks mostly lower as oil hits new troughs
The dollar and euro edged lower against the yen after losing pace Monday due to the uncertainty created by weak crude prices, which have increased pressure on Russia`s economy and spooked investors.
Dec 16, 2014, 12:44 PM IST
Nikkei tumbles to one-week low on Greece anxiety, strong yen
Japanese stocks tumbled to a more than one-week low on Wednesday morning, as political uncertainty in Greece spooked world markets already under strain from a slide in crude oil prices and worries over global growth.
Dec 10, 2014, 10:09 AM IST
Analysts see FY15 CAD at 1.4% on further likely fall in crude
Analysts have allayed fears of widening current account deficit, which is 2.1 percent of GDP for the July-September period, and pegged it in the range of 1.4 to 1.8 percent for the full 2014-15 fiscal due to falling crude oil prices.
Dec 09, 2014, 17:27 PM IST
Oil prices, manufacturing slump weigh on stocks
Brent crude for January sank to an October 2009 low of USD 67.53 a barrel before rebounding to USD 71.94 a barrel.
Dec 02, 2014, 00:23 AM IST
Weekly review: Sensex, Nifty continue record-breaking run
Interest rates related shares from realty, banking and auto were in keen demand on hopes of rates cut.
Nov 29, 2014, 16:25 PM IST
Oil resumes slide in Asian trade
Oil prices resumed their slide in Asian trade on Friday following a sharp rebound the day before as investors wait for more signs of economic growth in Europe.
Oct 24, 2014, 09:14 AM IST
Brent at four-year low on global economy fears
Prices of both contracts have lost about a fifth of their value since hitting their 2014 peaks in June.
Oct 10, 2014, 12:46 PM IST
Softening crude prices to help meet fiscal deficit target
Moderating crude oil prices in the international market will help the government in meeting the current year's fiscal deficit target of 4.1 percent of GDP which was earlier described as a 'very difficult task' by Finance Minister Arun Jaitley.
Sep 22, 2014, 18:19 PM IST
No need for urgent OPEC meet on lower oil price: Kuwait
OPEC member Kuwait said on Thursday there was no need to call an emergency meeting for the producers` cartel to discuss sliding oil prices after crude hit a 17-month low.
Sep 11, 2014, 18:04 PM IST
Oil prices down in Asia amid volatile trading
Oil prices fell in Asia Friday as dealers digested a mixed US inventory report and a new round of interest rate cuts by the European Central Bank, while keeping watch on the Ukraine conflict.
Sep 05, 2014, 09:53 AM IST
Brent climbs towards $101, pulls away from 16-month low
Brent crude rose towards USD101 a barrel on Wednesday, pulling away from a 16-month low hit in the previous session, supported by encouraging U.S. manufacturing data.
Sep 03, 2014, 13:58 PM IST
Oil marketing companies' shares gain on lower crude prices
Shares of state-owned oil marketing companies -- BPCL, HPCL and IOC -- surged up to 4 percent on Tuesday amid falling crude oil prices.
Aug 19, 2014, 18:08 PM IST
Crude oil up towards $102, but still near 14-month low
Brent shed nearly $2 on Monday, as investor worries over conflict in Iraq eased, and as higher Libyan oil output added to already ample supplies.
Aug 19, 2014, 10:08 AM IST
Oil prices up on US demand hopes
WTI surged $1.25 in New York Wednesday after the US Energy Information Administration (EIA) said reserves fell 7.5 million barrels in the week to July 11.
Jul 17, 2014, 08:54 AM IST
Bonds see biggest monthly fall in seven but gain on quarter
Government bond yields ended little-changed on Monday, ending their worst month in seven as the violence in Iraq has threatened to push up global crude oil prices and lead to a spike in domestic inflation.
Jun 30, 2014, 18:22 PM IST
Crude oil futures down on weak Asian cues
Crude oil futures prices Monday eased by 0.13 per cent to Rs 6,356 per barrel, as speculators trimmed positions amidst a weak trend in the Asian trade.
Jun 30, 2014, 12:28 PM IST
Oil refiners gain as crude oil prices cool down
Shares of oil refiners gain after crude oil prices cool down. Bharat Petroleum Corp gains 3.3 percent, Hindustan Petroleum Corp rises 3.1 percent and Indian Oil Corp is up 1.7 percent.
Jun 30, 2014, 11:31 AM IST
Oil prices down in Asian trade
Oil prices eased in Asia Monday on softer US demand, but tensions in the Middle East where jihadists have declared an Islamic state straddling Iraq and Syria will likely keep prices high, analysts said.
Jun 30, 2014, 09:23 AM IST
