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Commodity News - Energy

Brent rises above $61, set for biggest monthly gain since 2009

28 Feb 2015

Brent is being helped by positive euro zone and Chinese data, apart from supply disruptions in Libya

Oil falls towards $61 as ample supplies weigh

26 Feb 2015

According to US govt's latest supply report, the domestic crude inventories rose last week to 434.1 million barrels

Oil rises to $59 as Saudis say demand growing

25 Feb 2015

Oil prices collapsed by 60 per cent between June and January to almost $45 a barrel, but have since recovered some ground

Oil prices up ahead of US supply report

25 Feb 2015

Oil edged higher in Asia today ahead of a key report expected to show further build-up in US crude inventories, further hitting prices in ...

Crude oil up by 0.4% on Asian cues

24 Feb 2015

Crude oil futures rose by 0.42% to Rs 3,109 per barrel today as speculators created fresh positions amid a firm trend in Asia.

Oil up in Asia but US crude stays below $50

24 Feb 2015

Oil prices rebounded in Asia today after falling sharply the day before but remained under pressure due to an oversupplied market, with US ...

Oil prices dip on US oversupply drag

23 Feb 2015

Brent crude was trading 28 cents lower at $59.94

Crude oil falls on weak Asian cues

19 Feb 2015

Crude oil futures fell by Rs 96 to Rs 3,217 per barrel today as speculators reduced positions amid a weakening trend in Asian trade ahead ...

Crude oil may fall again in near-term, rebound to $60 by year-end

18 Feb 2015

Oil imports are a third of India's total import bill and weak crude oil prices would improve the current account and fiscal account

Oil prices fall in Asian trade

18 Feb 2015

Oil prices fell in Asia today ahead of the release of a report on US crude inventories and as traders kept an eye on the crisis in crude ...

Oil touches $62, but slides again

18 Feb 2015

The oil price is finding additional support from renewed greater perception of the risks to supply

Oil prices inch higher in Asia

17 Feb 2015

Oil prices edged up in Asia today following an upbeat outlook for the beaten-down commodity by key producer Kuwait, while investors are ...

Oil tops $60 for first time in 2015

14 Feb 2015

Since January, mounting signs of lower industry spending have helped prices rally by more than 30%

Crude oil rises by 0.7% on overseas cues

12 Feb 2015

Crude oil futures prices rose notably by 0.70% to Rs 3,178 per barrel today as speculators engaged in enlarging positions, tracking a ...

Oil prices rise in Asian trade

12 Feb 2015

Oil prices edged higher in Asia today but gains were capped owing to concerns about surging stockpiles in the United States, the world's ...

Oil trades near $50 as US supply outlook aggravates volatility

11 Feb 2015

The Energy Information Administration (EIA) reduced its US production outlook as the price slump curbed drilling activity

Crude oil could plunge to $20/bbl: Citi report

10 Feb 2015

The recent surge in crude oil prices is just a "head-fake," and oil as cheap as $20 a barrel may soon be on the way, Citigroup said in a ...

Oil prices fall as IEA predicts gradual rebound

10 Feb 2015

Oil prices fell in Asian trading hours today after the International Energy Agency (IEA) predicted that global oil prices will recover only ...

Oil sector staring at Rs 16,000 crore inventory losses: Crisil

09 Feb 2015

Says a substantial share of the losses will be borne by refiners

Oil steadies near $58 as US rig count offsets Chinese data

09 Feb 2015

China's trade performance slumped in January, pointing to lower fuel demand in the world's biggest energy consumer

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Market News

Budget Impact : ITC dips 9% after excise duty hike on cigarettes

The stock has fallen nearly 13% from its record high of Rs 410 touched on NSE during intra-day trade today.

Footwear makers gain on reduction in excise duty

Liberty Shoes, Bata India, Relaxo Footwears and Mirza International were up 2-6% on BSE.

Jaitley says will merge regulators Sebi and FMC

The merger of the commodities and equtiy markets regulators had been hinted at in the Economic Survey

Budget Impact: MCX hits 52-week high

The stock has rallied nearly 9% to Rs 1,144 on the BSE

NBCC gains on signing MoU with Delhi Development Authority

The stock up 4% at Rs 888 on BSE.


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