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Oil prices rebound after heavy sell-off

Last Updated: Wednesday, September 16, 2015, 07:40

Oil prices bounced on Tuesday as traders bought the dip after sharp decline.

Asian shares tread water as Fed meeting looms

Last Updated: Tuesday, September 15, 2015, 08:32

MSCI`s broadest index of Asia-Pacific shares outside Japan was up 0.1 percent, after Wall Street logged losses, with U.S. trading volume at its lowest in a month as markets awaited the Fed outcome.

Oil prices edge up after sharp falls in previous session

Last Updated: Tuesday, September 15, 2015, 08:28

Crude prices fell on Monday with the onset of lower demand autumn trading and as weak economic data out of China and soft gasoline prices pressured the market.

Oil prices edge up after sharp falls in previous session

Last Updated: Tuesday, September 15, 2015, 07:26

Oil prices steadied early on Tuesday as traders closed short positions and took on new longs after markets tumbled in the previous session.

Oil prices edge up after US drilling cut but oversupply still weighs

Last Updated: Monday, September 14, 2015, 09:37

US crude futures were trading at $44.86 per barrel at 0215 GMT, up 23 cents from their last settlement, pushed by a slight fall in drilling activity.

Asian shares edge up, brush off soft China data

Last Updated: Monday, September 14, 2015, 09:34

US stock futures rose 0.4 percent from late US levels in early Asian trade while Japan`s Nikkei rose 0.4 percent. MSCI`s broadest index of Asia-Pacific shares outside Japan gained 0.3 percent.

Macro data points, global leads to dictate market trend

Last Updated: Sunday, September 13, 2015, 15:45

Besides, the progress of monsoon, movement of the rupee against the dollar, will also be key factors determining the trend on the bourses in the truncated trading week.

Oil prices retreat as Goldman Sachs cuts forecasts

Last Updated: Saturday, September 12, 2015, 07:36

Oil prices dropped Friday as the Wall Street bank Goldman Sachs slashed its forecasts for crude prices.

Crude oil may slide to $20 a barrel, warns Goldman Sachs

Last Updated: Friday, September 11, 2015, 23:28

Crude futures fell on Friday after Wall Street`s most influential voice in oil trading, Goldman Sachs, slashed its price outlook through next year, citing oversupply and concerns about China`s economy.

Oil falls more than 2 percent after Goldman cuts forecasts

Last Updated: Friday, September 11, 2015, 17:31

Goldman cut its 2015 Brent price forecast to $53.70 a barrel from $58.20, and said it saw 2016 Brent prices at $49.50, down from its earlier $62 forecast.

Oil India gets green nod to produce 1 mmscmd gas in Jaisalmer

Last Updated: Friday, September 11, 2015, 14:52

State-run Oil India Ltd has got environment clearance for drilling 20 wells in three blocks in Jaisalmer, Rajasthan for production of 1 mmscmd gas at an estimated cost of Rs 96 crore.

Oil weakens as Saudi sees no need for oil summit to defend prices

Last Updated: Friday, September 11, 2015, 08:49

The front-month October contract for Brent, the global oil benchmark, shed 5 cents to USD 48.84 a barrel after it settled up USD 1.31, or 2.8 percent, on Thursday at USD 48.89 a barrel.