Oil fell below $59 a barrel for the first time since May 2009 on Tuesday, extending a six-month selloff as slowing Chinese factory activity and weakening emerging-market currencies added to concerns about demand.
'A 2018 murder may lead to shifts in the geopolitical order and impact at least one monarchy,' says Devangshu Datta.
Falling sales since demonetisation has alarmed CEOs, who want to save cash till the economy recovers.
BPCL's impending privatisation and RIL's stake sale to Saudi Aramco raise questions about the future of the West Coast Refinery, once touted as the world's largest.
OPEC hopes lower fuel prices will stimulate more demand in the long run
The world, he said, needs to move towards a transparent and flexible market for both oil and gas.
'China's economy continues to slow and the US Fed may still hike rates before the end of the year.'
Usually, a fall in oil prices is followed with a cut in retail prices of auto fuels and the government passes on the benefit to consumers. However, Morgan Stanley believes gains this time around will remain capped.
T N C Rajagopalan on the new year and new worries.
Lower crude oil prices would impact India's inflation, CAD.
Aramco Trading Co, a subsidiary of state oil giant Saudi Aramco, offered 2.8 million barrels of ultra low sulphur diesel for loading in late July to early August
Indian companies place orders worth $600 million for US crude, which is likely to increase by nearly $2 billion in the near future.
Crude oil's long price slide might be ending, feel some experts. Last Friday, the price of Brent crude, seen as a benchmark for what India uses, saw a low of $75.3 a barrel - it is now trading around $79. The fall has been nearly a third from its high seen in June, only five months earlier.
The shift comes as the gap between the international benchmark Brent and the Middle East price marker narrows
The S&P BSE Sensex ended up 129 points at 26,843 and the Nifty50 ended up 39 points at 8,220.
HSBC maintained "overweight" rating on Indian equities, saying "fundamentals are strong".
These countries are feeling the heat from the US shale oil producers.
The falls meant that both crude futures were at their lowest levels since mid-April
While good news from several quarters has been trickling in, El Nino might be a dampener, says T N Ninan.
Investors indulged in profit booking at attractive and higher valuations
Oil prices dipped on Wednesday as the market prepared for a gradual increase of Iranian exports into an already oversupplied market from 2016.
Govt unlikely to cut excise duties to compensate for higher global prices, say analysts.
Demonetisation impact, earnings growth, central bank policies will get attention.
Aggressive rate hikes by the US Federal Reserve could result in a flight of capital from emerging markets like India, says B Gopkumar, chief executive officer, Reliance Securities.
Risk sentiment is likely to be favourable if oil prices stay benign, global growth sentiment remains robust and the dollar index does not break out, says B Prasanna.
Oil marketing cos rightly passed on the burden to buyers.
Top gainers among the S&P BSE Sensex include GAIL, Dr Reddy's Laboratories and Bharti Airtel, all edging up by 1% in late morning deals
The ongoing oil price decline is mainly a result of oversupply in the global market
According to market experts, GST Bill, movement of the rupee and uncertain global cues amid expected rate cut by the US Fed will dictate the movement of the markets.
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The 30 Sensex companies alone, which are among the biggest companies in the country, now account for nearly 50% or about Rs 47 lakh crore of total investor wealth.
Chinese stock markets suffered their biggest single-day drop since the global financial crisis.
Devangshu Datta predicts the good, the bad and the ugly of currency trends for the coming year.
The revised projection comes after a 17% rise in the April-June.
Telecom stocks fell after Mukesh Ambani extended Reliance Jio's free offers till March 2017.
Making sense of the international crude market is incredibly hard.
A strengthening dollar, rising interest rates, tightening liquidity and a surge in oil prices - all are combining to create a toxic atmosphere for EM assets, says Akash Prakash.
Two projects in Iran, which India is to execute involving major financial commitments on its part, are of particular significance for Indian steel.
Soft oil prices are expected to persist in 2015 and will be accompanied by significant real income shifts from oil-exporting to oil-importing countries.
In 2013, the fall in international gold prices was 28 per cent.
No stock on BSE Sensex ended in red while only 3 stocks in the broader Nifty50 index settled the day negative
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