Tag Archives: crude oil prices

Oil: Why Prices are Falling!

Crude oil has dropped to its 4-year low, and the trend is still downward. We are mentioning here the main factors driving down the oil prices –

Jump in US Oil Production: US oil production has jumped by over 70% since 2008 which has caused a huge supply glut in markets forcing prices downward.

Lower Demand: Europe, Japan, and much of the developing world is facing slowing of economies leading to lower oil demand.

No Production Cut by Saudi Arabia: Saudi Arabia is maintaining the same oil production level in spite of a fall in demand and prices; this has added further pressure on oil prices.


Falling oil prices are strongly favorable to India. We recommend investments in equity mutual funds at every correction.

Resource by:- https://www.linkedin.com/today/post/article/20141017110620-247646391-oil-why-prices-are-falling

Comments Off on Oil: Why Prices are Falling!

Filed under Commodity News, Currency Update, Debt News, Equity Market, Mutual Funds, World News

Market wrap-up: Metal stocks edge higher!

Key benchmark indices hovered in positive terrain in early afternoon trade. Gains in Asian stocks supported up move on the domestic bourses. Capital goods stocks edged higher. Shares of aluminium makers Hindalco Industries and National Aluminium Company (Nalco) rose after Alcoa Inc, the largest US aluminum producer, reported better than expected Q2 results on Monday. The market breadth, indicating the overall health of the market, was strong. The BSE Sensex was 102.26 points up at 19427.03 & The CNX Nifty was 36.05 points up at 5847.60.

Who Moved and Why

1)     Steel Strips Wheels spurts after bagging European patent.

2)     Nearly 70% of Gitanjali Gems’ value eroded in 15 trading sessions.

3)     Kalindee Rail Nirman gains on preferential allotment plan.

4)     Maruti Suzuki skids.

5)     Educomp hits the roof on debt restructuring plan.

6)     VST Industries drops ex-dividend.

7)     Alstom T&D India gains after bagging order.

8)     GRUH Finance gains after strong Q1 earnings.

For detail analysis report please visit:- https://www.rrfinance.com/Reserch/Pdf/07-July/Mid%20Session/09th_july_Mid_Session_Update.pdf

Also find information about crude oil price, commodity price, stock brokers, stock market, share brokers, company fixed deposits, fixed income, how to save tax, mutual fund, IPO India, fixed deposits, bonds and debentures, life insurance, equity market, tax saving schemes, equity shares, insurance brokers in Delhi . For any query please visit:- http://www.rrfinance.com/

Comments Off on Market wrap-up: Metal stocks edge higher!

Filed under Finance