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| Crude Oil Search Results |
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| Lower crude prices to boost growth for Bajaj Corp |
| Bajaj Corp Ltd, India’s leading hair oil manufacturer sees above-average growth rate for the current fiscal, primarily on the back of improved raw material cost scenario. The prices of light liq.... |
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| Nigeria crude oil reserves dip 48% in one year |
| Africa’s leading oil producer and world’s eighth largest oil reserves holder, Nigeria said its crude oil reserves dropped by 1.6 billion barrels, nearly 48 percent, in just one year..... |
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| Oil prices may dip to $40 by year end |
| Crude oil price that is hovering above $75 is no longer be at that level and is likely to drop to early 2009 price range by the end of this year when the US government takes back the stimulus efforts,.... |
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| OPEC strategy to keep crude oil in tight range |
| What would be OPEC’s best strategy in a market environment hit by financial crisis and sovereign debt crisis that requires more time for correction. According to Bank of America-Merrill Lynch (B.... |
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| Crude Oil creeps amid US economic woes |
| It was a fourth successive decline for Crude oil on New York exchanges as the concerns about slower economic recovery and reduced consumption data hinted towards reduced fuel requirements thereby lead.... |
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| Iran wants oil fees in non-dollar, euro currencies |
| In an attempt to blunt the projected EU sanctions on it, Iran is considering switching payments for its crude oil exports to Europe to the UAE dirham instead of the euro, according to unconfirmed repo.... |
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| IEA predicts 1.6% rise in global oil demand in 2011 |
| Global crude oil demand is forecasted to rise by 1.6% in 2011 while the demand for 2010 is left unchanged at 86.5 mbd, said the International Energy Agency (IEA) in its monthly report released Tuesday.... |
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| ‘Manage crude oil risk on DME Oman benchmark’ |
| The Asia-Pacific region, which has emerged as the largest consumer of crude oil in the world, is urged to emphasize on the importance of managing risk by using a benchmark contract, DME Oman Crude Oil.... |
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| Lower GDP growth, downside risks to crude oil |
| With crude oil prices falling to $72 levels, concerns about what direction oil prices would take in 2011 has surfaced. Bank of America-Merrill Lynch (BofAML) which had forecasted $88.50 per barrel for.... |
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| Commodities meltdown led by gold? |
| Thursday’s massive meltdown amounting to nearly 4 percent dragged gold to below $1,200 an ounce for a brief period. It was the worst decline the yellow metal experienced since early February and.... |
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| India natural gas output surges sharply in Apr-May |
| India’s crude oil production moved marginally up by 5.5% to 5.816 million metric tonnes during April-May this year, while natural gas registered a sharp increase in production by 43.5% in the sa.... |
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| India decontrols retail fuel prices |
| In a historical move, the Indian government has today freed the retail petroleum prices in the country. The prices, which had been administered by the government so as to provide fuel at a concessiona.... |
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| IEA predicts strong fundamentals for crude oil |
| Paris based International Energy Agency (IEA) forecasted that the global demand and supply of crude oil will rise, citing strong demand from emerging markets and comfortable spare capacity, for the ne.... |
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| China completes East Siberian crude pipeline |
| After completing the Eastern Siberia-Pacific Ocean pipeline (ESPO), China is now ready to accept crude oil from Russia..... |
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| Oil spill and offshore moratorium, unlikely oil rally |
| What impact will the 6-month moratorium beginning May 28th on deep water exploration by US government have on crude oil prices? Can we expect a crude oil rally, as predicted by some or will the impact.... |
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| Pyramid Oil Corp, the oil stock NIA recommends |
| Against the backdrop of the climbing crude oil prices and impact of Gulf of Mexico oil spill, National Inflation Association (NIA) feels this is the best time to place your bet on land based.... |
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| Cairn-ONGC JV starts commercial operations |
| The two oil exploration majors, Cairn India Ltd. (BOM:532792) and Oil and Natural Gas Corporation Ltd. (ONGC) (BOM: 500312), the 70:30 joint venture (JV) partners in the Rajasthan block, RJ-QN-90/1, h.... |
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| SMX to offer both WTI and Brent crude oil Futures |
| Singapore Mercantile Exchange (SMX) will offer Brent crude oi futures in additon to WTI Crude Oil contracts at the launch of the exchange in August this year. With this development, SMX is closer to a.... |
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| Global oil demand likely to surge in 2010: IEA |
| The global demand for 2010 crude oil is forecasted to rise by 60000 barrels a day to 86.4 million barrels, according to International Energy Agency (IEA)..... |
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| OPEC pumps 70,000 b/d more crude oil in May |
| The 12-member Organization of the Petroleum Exporting Countries' (OPEC) crude oil production output averaged 29.28 million barrels per day (b/d) in May, up 70,000 b/d from an estimated 29.21 million b.... |
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