Tag Archives: crude oil prices

China reduces Reserve Requirement Ratio by 50bp

China’s central bank said over the weekend it will lower the reserve requirement ratio (RRR) that banks must hold as reserves to 20.5 percent from 21 percent, effective Friday. This 50 basis points (bp) reduction will free up tens of … Continue reading

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Oil & Gas Market Updates – 29June2011

Crude oil rebounded on Tuesday to post the biggest one-day percentage gain in almost six weeks on optimism that Greece would move to resolve its debt crisis and a weaker dollar. This rebound was also expected from a technical perspective, … Continue reading

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Stock Market Analysis – 12 March 2011

Market mood was negative on account of Japan Earthquake and ongoing unrest in Libya and middle east region and constant threat of spike in crude oil prices. In the week closing 11 March 2011, the Indian stock Index S&P CNX … Continue reading

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