stock quotes, market trend,Market Anaylsis,ShareMarket,Share Price,Online shares, Live Commodities,Crude oil chart,Crude oil future index,Live chart,Chart,Market chart,Market watch,Indian Stock Market,Sensex, Nifty, Stock Prices, Stock Recommendations

Crude Oil Future Price Chart

View Market Commentry

Crude is expected to move in range and then move towards higher price 30/06/2010

US crude for August tumbled as much as $2.62 to a low of $75.63 per barrel before recovering to around $75.90 by 1330 GMT, extending Monday’s 0.77 percent decline. ICE Brent fell $2.19 to $75.40.

Due to yesterday clue the prices of crude oil are expected to proceed southwards in the morning. However, since the inventory position is expected to show negative data, the crude will change its course.

During the day keep a watch on Euro dollar rate exchange. Euro deterioration will enhance dollar value which will again show the downward pressure.

Crude oil is expected to remain range bound between USD 79 AND 76 21/06/2010

Crude oil prices for July rose to its highest intraday price in 6 weeks to US$78.6 on the Nymex, as markets get more confident of global economic recovery.

The crude prices shall remain range bound. Since the price has already gone up by approx. 2 USD, it is expected to come down to USD 76 before taking a decisive course.

Crude Prices go down in early morning trades. 17/06/2010

Oil prices fell to near $77 a barrel Thursday in Asia as investor confidence wanes that a three-week rally will continue amid signs of weak U.S. crude demand.

Benchmark crude for July delivery was down 65 cents to $77.02 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange. The contract rose 73 cents to settle at $77.67 on Wednesday.

Oil has jumped from $64 on May 25 — after dropping from $87 earlier last month — as fears eased that Europe's debt crisis will stall global economic growth. Investors are eyeing clues about U.S. oil demand in crude inventory data, which had shown signs of improving recently but unexpectedly rose last week, the Energy Department's Energy Information Administration said Wednesday.

MCX crude came down to Rs. 3585 from High of Rs. 3616. The price is expected to go down before come back.

Oil Marketing company should look up 14/06/2010

The market is expected to open high. The other Asian markets have opened on higher side along with good signals from European markets.

Govt. to further discuss on deregulation on 17th June 12/06/2010

It is proposed to have further discussion on the subject on 17th June. The prices of oil companies is expected to make a rally again nearer the time. Right now the oil sector prices have shed lot of value, may be considered to pick up shares particularly for BPC, HPC and IOC.

Online Share Price

OUR PAID SERVICES

PETROMAG

PetroMag is a complete daily magazine on petroleum sector from India. PetroMag keeps you up-to-date on National and International news, prices, tanker positions at major ports, Industry sales position, exploration and production data etc. PetroMag is accessibile from anywhere in the world.

PETROLEUM BAZAAR

"PetroleumBazaar" is Monthly Magazine which covers sector-wise news on Exploration and Production, Marketing, LPG, LNG, CNG, Alternate fuels, Logistics, Projects, Lubricants, Share, Dealership, Events, Tenders, Job opportunities, Industry data, Prices and lot of other special articles by the professionals and analysts .

DATABANK

Petroleum Bazaar DataBank is one of the largest data base on petroleum industry of India. Whether it is production, sales, infrastructure details, product, markets, buyers, sellers, service providers, financiers, legal service providers etc.

DATAMAG

DataMag is Indian Petroleum Industry database. Most of important data on the sector regarding reserves. exploration, production, refining, marketing, manpower, slient statistical data closly related with the industry is accumulated here. It can help subscriber understand growth and development of the industry in India. DataMag helps you making your business plan or entry strategy in this sector.