India crude oil import prices have risen to Rs 5733.41 on Friday in rupee terms from Rs 5651.88 recorded on Thursday.....

Crude futures rallied and made high of RS 4885 and closed more then 1.7% at Rs 4858 rallying northward yesterday doe to positve news abo....

Given that 2011 ended with a rather gloomy European macroeconomic backdrop amid escalating sovereign debt concerns and the start of the year has been marred by rising rhetoric between Iran and the ....

Barclays Capital said its biggest “overweight” position among the commodities is West Texas Intermediate crude. Although we are positive on the prospects for commodity prices in Q1, for no....

Iraq’s fragile political equilibrium has seemingly begun to unravel with remarkable speed after the withdrawal of US combat forces, accompanied by an upsurge in violence, said Barclays Capita....

China’s totemic importance in the oil market is greater than that of any other country and a slowdown in growth rates has had a material impact on sentiment. Having grown y/y by 12.1% in Q1, ....

Crude oil markets had another volatile week as strong fundamentals continue to be weighed down by fears of macroeconomic tail outcomes. Among this week's key data releases, the latest JODI data thi....

Oil prices edged higher in thin trading on Thursday due to the US Thanksgiving holiday, with January Brent settling 76 cents higher at $107.78/bbl. The continuing weakening of sentiment has put pressu....

While the oil market has proved to be relatively resilient to the latest phase of concern about macroeconomic tail outcomes, and particularly potential discontinuities from sovereign debt outcomes, th....

Brazilian oil demand for September came in at a record high of 2.211 mb/d, higher y/y by 2.9%, supported by record high diesel demand at 0.986 mb/d (up 8.7% y/y) and gasoline sales coming in at its....

The highly unstable equilibrium that oil prices have been in continues, with heightened fundamental and geopolitical risks fighting for influence against the escalation of sovereign debt concerns. ....

Risk aversion, profit taking and another bout of scepticism regarding Europe’s sovereign debt crisis were the key drivers of prices on Thursday, with December WTI settling $3.77 lower at $98.82/....

The reversal of the Seaway pipeline on Wednesday resulted in a significant narrowing of the WTIBrent spread, due to the notion that the so-called US Midwest glut will now be resolved, said Barclays....

Without that fear, Barclays believe that Brent would have already reached an alltime high and climbed past $150 per barrel in an attempt to ease tightness by rationing the demand side of the market.....

Russian oil production scaled another all-time high of 10.34 mb/d in October. However, the y/y growth slowed to just 70 thousand b/d, half the year-to-date average of 125 thousand b/d. With domestic c....

Asia- Pacific carriers are the largest players in air cargo and have been the hardest hit with a 6.3% decline y/y as a result of the Japanese tsunami and earthquake outweighing robust growth in oth....

On Tuesday Brent Crude prices have fallen 1.5% to $107.89 a barrel while WTI crude prices have falen 1.79% to $91.52 per barrel. US copper futures have fallen 2.12% to $3.55/lb. .....

UK oil production is running lower y/y by 233 thousand b/d in the year-to-date, with crude output down by 189 thousand b/d. Overall, Barclays expete UK production to be lower y/y by 0.17 mb/d, followe....

Mexican liquids production weakened considerably in September, coming in at 2.863 mb/d, the lowest levels since October 1995, reported Barclays Capital. This constituted a y/y decline of 80 thousand b....

Brent crude prices have been ruled by macro-economic uncertainties. However, with US inventories of crude oil and crude oil products falling below their 5 year averages, the surplus gone and the fu....