Oil set to become more volatile; key Opec meet holds the acesExpect crude to be in a broad range of $63 to $66 on the WTI, with heightened volatility.
Introducing the pre-freeze oil boilWTI crude is down around 16% from its early-June peak of nearly $52 a barrel, a price level that the forward curve does not regain until 20...
OPEC oil output hits six-month low in December on LibyaOPEC's oil supply fell by 270,000 barrels per day (bpd) in December to a six-month low as fighting cut Libyan output.
22 Libya soldiers slain after speedboat attack on oil portsThe militiamen belonging to the Fajr Libya, or Libya Dawn, launched the attack on Al-Sidra port by firing rockets from speedboats.
- May 12, 2014: Mecklai Financial report on rupee
The benchmark 10 year G-Sec yields decreased by 01 bps to end Friday's trading session at 8.75 per cent compared to 8.76 per cent in previo...
- April 29, 2014: Mecklai Financial report on rupee
The rupee has fallen for the four consecutive weeks, ever since it hit an eight-month high of 59.5950 in early April.
Brent holds below $107, but heads for best monthInvestors were also awaiting manufacturing data later this week from China which could highlight weakness in the world's No. 2 oil consumer.
- Gaddafi's forces make rapid advances, recapture Ras Lunuf
Muammar Gaddafi's troops pounded rebels in Ras Lanuf & Brega as also Bin Jawad, forcing them to retreat as world powers debated arming the ...
- Gaddafi ready to quit for cash?
Libyan rebels ruled out any mediation with Gaddafi & demanded that he leave the country, as the regime rubbished any suggestion that it had...
- Re weakens on oil concerns, bonds up
The rupee weakened for a second day as overseas demand for Indian equities was offset by concern higher oil prices will undermine economic ...
- IOC gets Turkish regulator's nod to build refinery
State-run Indian Oil Corp (IOC) has won the approval of Turkey's energy regulator for setting up a 4.9-billion dollar refinery in southern ...