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Market correction to continue

Short-term wave counts show that there could be minor pullbacks next week, which will be small counter-trend rallies to correct for over-sold conditions. says Sonali Ranade Continuous Commodity......

Why are oil prices fluctuating?

From February to mid-March, oil prices receded rapidly. WTI dropped by 22 per cent in six weeks. Brent crude was down about 15 per cent. Then, in the past four weeks, the oil inched back up to the......

Oil prices plunge again as UAE defends holding production

Oil prices continued their rout on Tuesday with Brent crude and U.S. WTI both falling to their lowest in almost six years as a big OPEC producer stood by the group's decision not to cut output to......

Deflation? Oil's 45% rebound could be markets' next headache

'A positive oil shock has a detrimental effect on growth and activity.' Whisper it, but the next challenge for financial markets and policymakers may not be deflation, but the remarkable surge in......

Re snaps 2-day winning spree, ends lower by 6 paise against dollar

The rupee on Friday snapped its two-day gaining streak against the US dollar by losing 6 paise to end at 62.36 on fresh demand for the American currency from importers amid fall in global crude oil......

Sensex ends lower; real estate, banks fall

Benchmark share indices ended lower amid profit taking in rate sensitive shares in late trades while oil shares weakened further after global crude oil prices fell to near six-year lows. The......
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UPDATE 2-Oil prices drop on stronger dollar, U.S. shale outlook

* U.S. producers to ramp up output with WTI at $60 -Goldman Sachs * Rising dollar, falling oil start of new trend -Morgan Stanley (Adds Goldman... ...

http://in.reuters.com/article/2015/05/26/markets-oil-idINL3N0YH1XS20150526
Oil is back on the rise, and traders try to predict a top

A That represents a sharp turnaround from earlier in the year, when surging US production, and OPEC's powerlessness to stop it, sent crude... ...

http://www.moneycontrol.com/news/commodities/oil-is-backthe-risetraders-try-to-predicttop_1391713.html
Oil Prices Steady but Indications Rally Running Out of Steam

Singapore: Crude oil prices were broadly unchanged in early trading on Tuesday, as firm demand supported and ample supply dragged, but analysts... ...

http://profit.ndtv.com/news/commodities/article-oil-prices-steady-but-indications-rally-running-out-of-steam-766022
Are US Drillers Actually Making A Comeback?

Is US shale about to make a comeback? Oil prices have rebounded strongly since March. The benchmark WTI prices soared by more than 36 percent in... ...

http://newsr.in/n/Science/7551kw6tu/Are-US-Drillers-Actually-Making-Comeback.htm
When it comes to oil pricing, politics trumps economics

International crude oil price has taken a huge plunge in the past six months or so, going from a high of about $110 a barrel to close to $65 a... ...

http://businesstoday.intoday.in/story/when-it-comes-to-oil-pricing-politics-trumps-economics/1/219759.html

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