First, there is a wide perception that Saudi Arabia itself knows that it is currently producing above an equilibrium level, and that 1 mb/d of output could be withdrawn fairly rapidly. Being caught....

Crude trading range for the day is 5053-5131. Technically market is trading in the range as RSI for 18days is currently indicating 32.56, where as 50DMA is at 5355 and ....

With the falling crude oil prices amid rising Euro zone worries, global natural rubber demand is likely to stay flat or fall marginally for the current year.....

Crude trading range for the day is 5014-5190. Technically market is trading in the range as RSI for 18 days is currently indicating 31.88, where as 50 DMA is at 5365 an....

The ruling Congress-led UPA government at the Centre maintained that price hike was unavoildable in view of the crisis prevailing in the global economy. UPA constituents, DMK and Trinamool Congress....

Crude trading range for the day is 5086-5194. Technically market is trading in the range as RSI for 18 days is currently indicating 34.28, where as 50 DMA is at 5375 an....

CME Group is licensing the CME Direct technology to leading inter-dealer brokers to offer trading of global OTC oil markets, including Marex Spectron, Tradition and Tullett Prebon. Traders will be abl....

Crude trading range for the day is 5027-5183. Technically market is trading in the range as RSI for 18 days is currently indicating 33.39, where as 50 DMA is at 5384 an....

Is the China economy on a downslide? It may be too premature to jump to such conclusions as April commodity imports data presents a mixed picture. Among metals, copper imports fell but aluminium ba....

Crude trading range for the day is 4961-5055. Technically market is in oversold as RSI for 18 days is currently indicating 26.91, where as 50 DMA is at 5345.34 and Crud....

Technically on daily charts, MCX Crude Oil June future is bearish and making lower top and lower low pattern. On daily chart, 5100 rupees is the resistance and as long as it is trading below 5100. Imm....

The Eurozone debt crisis has rocked rocked commodity markets and coupled with a slowdown in emerging economies, the outlook for short to medium term looks moderate. Bank of America Merrill Lynch (B....

In the event of a Greek exit and a disorderly break up of Eurozone, brent crude oil prices could drop to a low of $60/bbl due to the resulting sharp European recession and negative global economic ....

Crude trading range for the day is 4956-5144. Crude is holding support at 4984 and below could see a test of 4928 level, And resistance is now likely to be seen at 5088....

Bahrain oil production is expected to double to 100,000 barrels a day (bpd) from the current 50,000 bpd within five years, said Abdul-Hussain Ali Mirza, Bahrain’s energy minister.....

Crude trading range for the day is 4940-5174. Technically market is in oversold as RSI for 18 days is currently indicating 28.62, where as 50DMA is at 5365 and Crude is....

There has been a wide divergence between primary and secondary data on crude oil which makes forecasting of prices not that easy. This coupled with increased speculative activity in futures makes a....

Natural gas futures prices at NYMEX are currently trading at $2.50/MMBtu and there is tremendous growth in Asian LNG demand. However, higher prices will incentivize more drilling of untapped gas pr....

Crude trading range for the day is 5032-5162. Technically market is in oversold as RSI for 18 days is currently indicating 29.72, where as 50 DMA is at 5374 and Crude i....

European markets eroded its earlier losses and traded on a positive note today on the back of positive German GDP data. German Prelim GDP rose by 0.5 percent in the fir....