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Oil prices shoot up in Asia following unrest in Libya, hopes for output deal

Sep 19, 2016

Oil prices shoot up in Asia following unrest in Libya, hopes for output deal

Oil prices edged up in Asia on Monday as OPEC member Venezuela indicated a deal to limit output is close while fighting in Libya stopped it kickstarting exports, but gains were limited by ongoing worries about a supply glut. #oil prices #US #Libya #crude oil prices #Russia #Venezuela #OPEC #Africa #Iran #Algeria #Ecuador #Nicholas Maduro
ONGC, Cairn India demand halving of cess on crude oil

Jul 26, 2016

ONGC, Cairn India demand halving of cess on crude oil

Aat the current oil prices, ONGC and other oil firms like Cairn are paying more than Rs 4,500 per tonne cess #crude oil prices #ONGC #Cairn India #Budget #Finance Minister Arun Jaitley #upstream players
Indian economy stands out among emerging markets: FSR

Jun 28, 2016

Indian economy stands out among emerging markets: FSR

Despite global uncertainties, banking sector issues, the economy stands out in terms of growth as compared to other emerging markets and the Indian financial system remains stable, a report released by Reserve Bank today said. #Emerging markets #crude oil prices #forex reserves #Indian Economy #Banking sector #RBI's Financial Stability Report
Oil prices hit fresh highs, nears $50/bbl as Canada wildfires rage on

May 18, 2016

Oil prices hit fresh highs, nears $50/bbl as Canada wildfires rage on

Prices have shot up after US banking giant Goldman Sachs this week said that supply disruptions in Africa's biggest oil producer Nigeria -- along with better demand -- had created a surprising short-term supply deficit #crude oil prices #brent crude #Canadian wildfire rage #Goldman Sachs report
Crude oil prices jump nearly 3% as tension builds up between Saudi Arabia and Iran

Jan 04, 2016

Crude oil prices jump nearly 3% as tension builds up between Saudi Arabia and Iran

Global oil benchmark Brent climbed over 2.5 percent and more than a dollar to a morning high of $38.50 per barrel on Monday #Barack Obama #crude oil prices #Iran #brent crude #Saudi Arabia
Sensex hits 3-month low to end 220 pts lower; metals, oil and gas trounced

Dec 08, 2015

Sensex hits 3-month low to end 220 pts lower; metals, oil and gas trounced

Market breadth was extremely weak with losers outnumbering gainers by over 2:1, with 1,879 stocks declining against 877 advances on BSE. #Sensex #nifty #crude oil prices #BSE #Shanghai Composite #MarketClose #GST Bill #Hang Seng #CNX
OPEC to maintain higher oil production despite fears of a slump to $20/bbl mark

Nov 25, 2015

OPEC to maintain higher oil production despite fears of a slump to $20/bbl mark

Goldman Sachs said this year it saw a possibility of crude going even below $20 because of the huge global oversupply, a strong dollar and a slowing Chinese economy #crude oil prices #Russia #Goldman Sachs #OPEC #Saudi Arabia #Iranian sanction
Modi gets a pat on the back: New reform agenda strengthened India's recovery, says US

Oct 20, 2015

Modi gets a pat on the back: New reform agenda strengthened India's recovery, says US

According to the report, the sharp drop in the price of oil is having a large impact on global current account imbalances #Emerging markets #Narendra Modi #crude oil prices #China slowdown #economic reforms #US Treasury Department