ETMarkets Morning Podcast: What will sway your markets today?The rupee made a strong comeback from a five-year low against the US dollar on Tuesday.
Rupee opens 5 paise higher at 68.52 against US dollarThe rupee had fallen to a record low of 69.10 last week.
Crude oil is sizzling; WTI price may hit $78 in the short termThe medium to long term prospects for crude oil are very attractive and should be strong.
Commodities watch: Crude oil market tightens more, prices have upsidesIran’s seaborne crude exports fell to about 1.93 million bpd in June from 2.38 million bpd in May.
World stocks jump on lull in trade tensions, euro gets summit boostMany investors see its flattening to record lows as a sign recession may be around the corner.
Outage in Canada may create global shortage of oilThe Fort McMurray site has a capacity to produce up to 3,60,000 bpd.
Oil prices rise on US to shut out Iran, supply disruptionsBeyond looming sanctions, other threats to supply are keeping markets on edge.
Oil prices drop on OPEC's output deal, but markets to stay tightDutch bank ING said "the 1 million bpd increase announced gives us confidence in our view for lower prices."
Crude may swing near $50, but sharp rise unlikely as supplies are not at riskSuncor extended a force majeure that prevented shipping of oil from its Syncrude facility. The decision came amid a raging wildfire in Cana...
As oil futures crash, cash crude markets keep calm and carry onThe disparity emerging between futures and prices for cash crude cargos and physical oil in storage can be seen from Singapore to Houston.
ONGC-IOC-OIL bid $5 billion for ConocoPhillips' assetsONGC, Indian Oil and Oil India have made a joint bid of about $5 billion for buying stake in six Canadian oil sands assets of US energy gia...
- India way behind China in securing fuel supplies
India faces an uneven contest to close the gap with China.
- Oil prices rise on Fed rate cut hopes
Oil prices rose despite predictions of rising U.S. oil supplies, with traders focusing on expectations the Federal Reserve will cut interes...