Brent stays above $112 after Greece vote, tighter U.S. stocks
(Guardian.co.uk
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30/06/2011)
Brent held above $112 on Thursday buoyed by tighter oil stocks in the United States while Greece passed an austerity plan, moving a step closer to avoiding a sovereign debt default. Concerns that the International Energy Agency may decide next month to
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Oil mixed in Asian trade after Greek cuts
(Business Standard
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30/06/2011)
Oil was mixed in Asian trade today following a sharp surge overnight after Greece's parliament passed severe austerity cuts. The vote in Athens allayed concerns that Greece would default on its massive debt, a situation that could again shake up the
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China CNPC to boost oil cooperation with Sudan
(Steelguru
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30/06/2011)
AFP reported that China top oil producer said Wednesday it had agreed to further develop oil cooperation with Sudan during a visit by the African country leader Mr Omar al-Bashir. The company said Mr Jiang Jiemin president of National Petroleum Corp
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Oil holds at $112 as inflation worries stir
(Guardian.co.uk
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30/06/2011)
Oil prices held near $112 a barrel on Thursday as worries about inflation and uncertainty about the International Energy Agency's emergency stock release plan balanced against a weaker dollar. Comments from European Central Bank chief Jean-Claude Trichet
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A Sober Look at Crude Plan
(The Wall Street Journal
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30/06/2011)
While the oil-price drop in response to the opening of strategic crude stockpiles was swift, actually getting the barrels to market is less of a certainty. The plan announced by the International Energy Agency fueled optimism that it would boost a
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Crude Falls on Slowing-Demand Outlook; IEA May Release More Oil
(Bloomberg
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30/06/2011)
Oil fell in New York on concern the economic expansion in the U.S. is slowing and as the International Energy Agency said it’s prepared to release more stockpiles to stabilize prices. Futures dropped as much as 0.8 percent before reports this week that
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Oil hit by bearish consumer data, supply view
(MarketWatch
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30/06/2011)
Crude on Monday settled at their lowest in four months, extending their decline from last week on weak U.S. economic data and lingering concerns about oversupply. For more on this
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Brent oil steady above $108 on Greece hopes, Gulf of Mexico storm
(Guardian.co.uk
-
29/06/2011)
Brent crude steadied on Wednesday above $108 a barrel on growing optimism that the debt crisis in Greece will be resolved and underpinned by a tropical storm in the Gulf of Mexico. U.S. crude held steady near $93 after industry data showed tighter supply
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Brent crude dips to $108 on profit-booking
(The Hindu Business Line
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29/06/2011)
Oil fell in the Asian trade today as investors took profits from sharp gains in the previous day on hopes Greece that would avert a default on its massive debt and stronger US energy demand. New York’s main contract, West Texas Intermediate for delivery
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Oil eases in Asian trade
(Business Standard
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29/06/2011)
Oil fell in Asian trade today as investors took profits from sharp gains the previous day on hopes Greece would avert a default on its massive debt and stronger US energy demand. New York's main contract, West Texas Intermediate for delivery in August,
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Oil rises as fears of Greek debt default ease
(Business Standard
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29/06/2011)
Oil rose on Wednesday with North Sea Brent crude gaining more than $1 per barrel as growing confidence that the Greek parliament would approve an austerity programme helped ease fears of a sovereign debt default and dampened risk aversion. Greek
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Brent above $106 as Greek debt plan eases risk of contagion
(Guardian.co.uk
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28/06/2011)
Brent traded above $106 a barrel on Tuesday, rising for a second straight session, after a radical French proposal to roll over Greek debt strengthened the euro and eased concerns of the debt crisis spreading across Europe. President Nicolas Sarkozy said
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Oil rebounds in Asian trade
(The Economic Times
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28/06/2011)
Oil rebounded in Asia on Tuesday but prices remained under pressure as Greek workers prepared for a general strike against tough austerity measures that parliament is due to vote on this week. New York's main contract, West Texas Intermediate for
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Oil climbs back on demand expectations
(Commodityonline
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28/06/2011)
World oil prices recovered Tuesday, after an overnight fall, on hopes demand in the world’s largest oil consumer, US will pick up and also on intense buying by investors after prices fell to the lowest recently. Light sweet crude for August delivery was
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Oil PSU stocks fall on profit-booking
(The Hindu Business Line
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28/06/2011)
Shares of state-run oil marketing companies fell by up to 2 per cent in morning trade on BSE today as investors booked profits notched up during yesterday’s rally, which was fuelled by a hike in fuel prices. Indian Oil Corporation went down by 1.87 per
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Brent crude dips to $106
(The Hindu Business Line
-
28/06/2011)
Oil turned lower in the Asian trade today as Greek workers launched general strikes in protest over tough austerity measures lawmakers are due to vote on this week. The strike, intended to last 48 hours, paralysed transport and public services as
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Oil turns lower in Asian trade
(Business Standard
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28/06/2011)
Oil turned lower in Asian trade today as Greek workers launched general strikes in protest over tough austerity measures lawmakers are due to vote on this week. The strike, intended to last 48 hours, paralysed transport and public services as legislators
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Oil below $91 as US dollar gains amid Greek crisis
(The Economic Times
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27/06/2011)
Oil prices fell below $91 a barrel Monday in Asia as a stronger U.S. dollar made crude more expensive for investors with other currencies. Benchmark oil for August delivery was down 55 cents to $90.61 a barrel at midday Singapore time in electronic
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Brent slips over $2 as dollar rises ahead of Greek vote
(Guardian.co.uk
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27/06/2011)
Brent slipped below $103 on Monday, sliding 10 percent in the three sessions since the emergency oil stocks release by consumer countries, as the U.S. dollar gained ahead of a vote by Greece to clear unpopular fiscal austerity measures. The market is
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Oil PSUs still to lose INR 121700 crore in FY12
(Steelguru
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27/06/2011)
Despite one of the steepest hike in fuel prices, state run oil firms will still end the fiscal will a whooping INR 1,21,700 crore revenue loss on selling diesel, domestic LPG and kerosene at government rates. An official of Indian Oil Corp said that
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Oil rises on U.S. inventory draw, market mulls Fed
(Reuters
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26/06/2011)
Oil rose 3 percent on Wednesday, boosted by data showing a drop in U.S. crude and gasoline stockpiles as the market weighed comments from the U.S. Federal Reserve. Crude rallied early on news of lower throughput on a key import pipeline from Canada and a
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Nymex Slightly Down In Asia On Dlr, Fundamentals
(The Wall Street Journal
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26/06/2011)
Crude-oil futures fell slightly amid thin trade in Asia Wednesday as the euro weakened, with supply-demand fundamentals providing little relief for bulls. On the New York Mercantile Exchange, light, sweet crude futures for delivery in August traded at
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Oil retreats on caution ahead of Fed meeting
(Reuters
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26/06/2011)
Oil fell on Wednesday, with investors cautious ahead of a U.S. Federal Reserve meeting, and on lingering anxiety over the state of the euro zone, while gains in the dollar also weighed. Brent crude for August LCOc1 fell 29 cents to $110.66 a barrel by
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Brent, U.S. crude futures extend rise after EIA data
(Reuters
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26/06/2011)
Brent crude extended gains to more than $2 and U.S. crude to more than $1 on Wednesday in choppy trading after a government report showed crude oil stockpiles fell more than expected last week in the United States. Gasoline stocks fell, against
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ONGC was topper with gain of Rs 6,587 cr in m-cap
(Business Standard
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26/06/2011)
The combined market capitalisation (m-cap) of nine of the top 10 companies grew by Rs 36,083.93 crore during the last week, with state-run oil & gas major ONGC emerging as the top gainer. ONGC's valuation rose the most by Rs 6,587.72 crore to Rs
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