Crude oil could slip by 11% more in Rupee termsOil on Nymex fell to $26.19 a bbl on Wednesday, its lowest since May 8, 2003. Tracking this, crude on MCX plummeted to a seven-year low.
Here’s how to double your money on crudeEven as crude tumbled to a six year low of $34.67, US-based Nymex advised clients to build risky, bearish bets in crude for 2-fold returns.
Gold rebounds on renewed demand, seasonal supportPure gold (99.9 purity) also moved up by a similar margin to settle at Rs 26,545 per 10 grams compared to Rs 26,475 previously.
Sudden rise in crude price shocks bearsThe crude contract on MCX is a paper one that takes price cues from the contract on Nymex, a designated marketplace of the CME group, the w...
Gold jumps on the back of strong uptick by stockists and retailersOn the global front, the yellow metal shot up to a one- month high driven by robust investment buying and also good short-covering.
Gold drops on fresh selling amid global fall; silver plungesGold prices dropped at local bullion market today on the account of fresh selling by stockists coupled with subdued local buying support .
Arbitrageurs building positions in natural gas counter on MCXnatural gas counter on MCX has been abuzz with activity because persons called arbitrageurs are building positions in the counter, along wi...
Gold whizzes past Rs 31K level on heavy buyingGold continued its ascent and today reclaimed the psychologically important Rs 31,000 per 10 gm mark at the domestic bullion hub on steady ...
- Oil mixed in Asian trade as US data disappoints
Oil prices were mixed in Asian trade on Friday as investors weighed disappointing economic data in the United States, the world's largest e...
- Oil falls to $34 ahead of Feb contract expiry
Oil prices fell to near $34 a barrel Tuesday in Asia as traders sold the expiring front-month Nymex contract due to a lack of space at a ke...
- CME agrees to acquire Nymex for $9.4 billion
Cme Group, the world’s largest futures market, agreed to acquire Nymex Holdings for $9.4 billion to add benchmark oil and natural gas futur...
- Nymex looks to NYSE, CME & Deutsche Boerse for sell-off
The New York Mercantile Exchange (Nymex), the world’s largest energy market, is exploring a sale to NYSE Euronext, Deutsche Boerse or Chica...
- European Brent catches crude investors’ fancy
Investors have flocked to the European benchmark Brent crude oil futures, helping to stoke a record premium to their US counterpart.
- Crude rise sees punters in action
Crude oil, which has seen a $10 jump per barrel on Nymex in the last three weeks, has seen a considerable rise in the local markets as well.
- Nymex futures rise on chances of colder US
Crude oil for February delivery was up Rs 23 a barrel from Saturday’s close on the MCX at Rs 2,393 at 8.30 pm.
- Nymex crude slips 4% on mild winter in US
Crude oil on MCX dipped to Rs 2,602 per barrel from Rs 2,610 in the January contract in the session ended at 5 pm on Thursday on the back o...
- Nymex initiates talks to acquire 9% stake in MCX
Nymex is in talks to acquire a 9% equity stake in MCX, but both the parties deny any comments.