Expect NYMEX to be above $100/bbl for the year: Victor Shum: Crude is the one silver lining in an otherwise bleak inflation picture. Victor Shum, senior vice president, Purvin Gertz says the market is still in a bearish position due to the ongoing warning bells ringing in the euro zone. http://bit.ly/Jl8NaK
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, 3 days ago
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Expect Crude to trade higher today, says Nirmal Bang: Nirmal Bang has come out with its report on Copper, Gold, Silver, Nickel, Lead and Crude. http://bit.ly/Knswl8
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, 3 days ago
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Brent price to fall; see year avg of $117/bbl: FACTS Global: Praveen Kumar of FACTS Global Energy tells CNBC-TV18 that the price of Brent crude is expected to fall further from current levels. http://bit.ly/JBby5K
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, 3 days ago
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Brent steady above $107, heads for weekly fall as Europe weighs: Brent, US crude on track for third straight weekly drop; Spanish banks suffer credit rating cuts; Seaway pipeline reversal completed; oil to flow this weekend; Investors eye weekend G8 meeting, Iran nuclear talks next week http://bit.ly/KrJgrV
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, 3 days ago
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Re fall wipes out gains from falling crude prices: Oil prices have fallen with investors dumping risky assets on concerns of falling demand in parts of crisis-hit Europe. http://bit.ly/JWiwCb
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, 3 days ago
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Oil falls on euro zone worries, weak economic data: Brent crude oil fell on Thursday, touching the lowest level since December, as investors avoided bets on riskier assets with the turmoil in Greece deepening and fears rising of contagion spreading to other stressed euro zone economies. http://bit.ly/MoqGFk
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, 3 days ago
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Brent oil price hits lowest level since January: The price of Brent crude retreated on Thursday, hitting a near 4-month low, while oil futures steadied in NY a day after hitting a 6-month low point. http://bit.ly/KSPYcs
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, 3 days ago
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Experts see crude nickel as safe haven, expect weak gold: Rajini Panicker of MF Global Commodities India feels that gold is trading at four month lows and the RSI rating is also below 30 which indicates that gold is oversold. http://bit.ly/Kh8ozw
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, 4 days ago
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Falling crude prices positive for bonds: Mohan Shenoi: The Euro zone uncertainty may also impact prices. The RBI intervention in currency market fuels hopes of further OMOs, says Mohan Shenoi, Kotak Mahindra Bank. http://bit.ly/KAIxqM
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, 4 days ago
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'We cannot afford import of large quantities of crude oil': Amid rising global crude oil prices, Finance Minister Pranab Mukherjee today warned of "disastrous consequences" if corrective steps are not taken. http://bit.ly/LbB2ZO
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, 4 days ago
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