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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....
There are two reasons gas is going up. The first is that a large percentage of U.S. gasoline is refined from Brent crude, since Gulf coast refineries have had little access to West Texas Intermedia....
With crude oil prices under pressure from macro-economic forces, the tight prompt markets together with the lack of spare capacity indicate a substantial possibility of crude prices strongly breaki....
Just as crude oil markets started focusing on fundamentals, in came a set of poor job numbers from the US, pressurising sentiment once again. October Brent lost $1.96 to $112.33/bbl while the equiv....
World oil prices remained mixed in Asia on Monday as Brent crude dropped on hopes of resumption of crude exports from Libya while WTI crude edged up in early trade.....
Gold hit an all time record Friday on its way to yet another higher weekly finish after its safe haven appeal remained at the higher levels due to weak economic situations.....
World oil prices dropped in Asian trade Friday and is likely to end again on a lower note for the fourth week on demand concerns.....
Global oil prices eased in Asian trade Thursday after the dollar strengthened amid concerns over economic situation in the US.....
Global oil prices advanced past $87 a barrel mark in Asian trade Wednesday despite talks failed to resolve concerns over the euro zone debt crisis.....
Oil cartel OPEC will largely benefit from recent oil price hikes and its income could hit as high as $1.011 trillion this year, according to US Energy Information Administration.....
World oil prices dropped in Asian trade Tuesday on concerns fuel demand might ease as US summer driving season nearing to end.....
Global oil prices dropped from overnight gains Friday and might end the week on a losing note for a third straight week, analysts said.....
Gold eased Thursday, after skyrocket to create new records overnight, mainly after CME Group announced hike in margins for US gold futures.....
World oil prices dropped towards $82 a barrel mark in Asia after regional stocks tumbled amid lingering economic concerns in the US and Europe.....
World oil prices recovered Wednesday from an overnight plunge mainly after US Fed announced measures to boost US economy amid declining stockpiles.....
Global oil prices plummeted in Asian trade Tuesday on concerns that energy demand will drop sharply following Standard & Poor's decision to cut the U.S. debt rating.....
Global oil prices nosedived in Asian trade Monday, first working day after Standard and Poor's downgraded the US credit rating.....
Oil and gold just about managed to finish the week on a slightly higher note Friday as global markets remained highly volatile on concerns about a recession in the US.....
Gold showed mixed trends Friday as spot gold advanced while gold futures dropped as investors await a key US data for further clues.....
World oil prices continued to decline and likely to end the week on an almost three month low as economic concerns threatened to cut down demand.....