Indian crude basket rises sharply to 102.50/US$ bbl on May 20

Ram Pitre of Anand Rathi Commodities recommends selling crude between Rs 5,360 per barrel and Rs 5,370 per bbl with stop loss of Rs 5,400 per bbl for target price of Rs 5,250 per bbl.

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The stimulus is not translating into demand for crude or we are just producing too much of it in lieu of some unforeseen concern that we might have in the Middle East.

US crude oil inventories are increasing across the board. Commercial crude stocks in the US are sitting at 395 million bbls, an all-time high level and only 37 million bbls away from what Bank of America Merrill Lynch estimates to be tested maximum ...

A lower forecast for demand has been echoed by EIA as well. On supply-demand balance, the global oil markets stand at an average surplus of 1.8mbpd during the first three months of this year. WTI Crude oil bore the brunt of aggressive selling during ...

Australia's domestic Twenty20 Big Bash League will become a "tighter" competition for the next five years, starting later in December and concluding earlier in the new year

Mehul Thanawala, VP, Research-Oil Gas, JM Financial expects the oil and gas major to report flat Q4 gross refining margins (GRMs) at USD 9.5 per barrel versus USD 9.6 per barrel in the previous quarter.

Tom Price, UBS Equities Research believes gold will remain stable around USD 1600 per ounce or a little bit lower.