Oil traders made billions in 2019 as conflict shook the market
Consensus is that the industry benefited from a lucky mix of factors in the oil market.
Share market update: Nifty Energy Index dips; GAIL down 2%
The Nifty Energy index was trading 0.86 per cent down at 15,540.50.
Sensex tumbles 458 pts, Nifty below 12,150; factors behind market pain
BSE Metals index was the top sectoral loser, with all of its component...
Oil prices had weakened even before coronavirus scare: Peter Cardillo, Spartan Capital
After Iran-US flare-up subsided, we saw oil prices fall and get technically weak. Oil prices are unlikely to breach 52-week lows. We will probably approach them but I doubt that we go much below that unless this virus situation becomes a reality for the global economy, says Peter Cardillo, Chief Market Economist, Spartan Capital Securities.
Oil drops below $60 as China virus drives demand concern
US crude was down by $1.63, or 3 per cent, at $52.55.
Downside in metal companies to be limited: Chakri Lokapriya
Chakri Lokapriya, CIO & MD, TCG AMC says there is unlikely to be any meaningful ecovery in Maruti results tomorrow. He also talks about pharma play, coronavirus scare, OMC batch & more.
Palm oil imports from Malaysia may hit 9-year low in Jan
In the second week of January New Delhi privately urged palm oil importers to boycott Malaysian products after the country's Prime Minister criticised India's actions in Kashmir and its new citizenship law.
Don't allow zero-duty palm oil imports from Nepal: Trade body
The Solvent Extractors Association of India (SEA) has made a representation in this regard to Commerce Minister Piyush Goyal. According to the SEA, "There are media reports that Nepal is putting pressure to allow export of RBD palmolein from Nepal under the South Asian Free Trade Area (SAFTA) agreement at zero duty".
Oil prices skid 2%, extending slide as China virus spreads
US crude slipped by $1.14, or 2.1 per cent, to $53.05, having earlier eased to $52.15.
BSE inks licensing agreement with ICE to use Brent index
India is one of the largest consumers and importers of crude oil in the world.
Shares, oil slide as China virus fears intensify; yen, Treasuries in demand
US S&P 500 mini futures was last down 0.9 per cent, having fallen 1.3 per cent in early Asian trade.
Stock pick of the week: Oil India is favoured by analysts, but stagger your purchases
Oil India is enjoying the nil subsidy burden status since 2016-17 and analysts believe that there won’t be any in the third quarter either, owing to the government provisions. Although its earnings are expected to be volatile, valuation is cheap at present.
India needs to re-examine long-term gas pricing with Qatar: Oil Minister
India's Oil Minister Dharmendra Pradhan addressed a gathering of oil company official on Monday and said India needs to look into the pricing mechanism of existing long term gas supply contracts with Qatar.
Market Movers: Wockhardt, Prestige soar; 124 stocks giving ‘sell’ signals
HDFC twins dragged BSE Sensex as the 30-share pack dived 458 points to end at 41,155.
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