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Monday, December 12, 2011

Crude oil Futures pries december 13 2011

Crude oil Futures pries december 13 2011 : Oil prices hovered below $98 a barrel Tuesday in Asia as traders mulled how much Europe's debt crisis will hurt the continent's economic growth and crude demand.

Benchmark crude for January delivery was up 7 cents to $97.84 a barrel in midday Singapore time in electronic trading on the New York Mercantile Exchange. The contract fell $1.64 to settle at $97.77 on Monday.

Three oil exploration stocks fell 0.95% to 1.5% at 10:14 IST on BSE after crude oil fell 1.65% to settle at $97.77 a barrel on the New York Mercantile Exchange on Monday, 12 December 2011.

Oil India (down 1.5% to Rs. 1,132), Cairn India (down 0.99% to Rs. 298.85) and ONGC (down 0.95% to Rs. 255) edged lower. Meanwhile, the BSE Sensex was down 17.29 points, or 0.11% to 15,853.06.

Oil India had underperformed the market over the past one month till 12 December 2011, falling 10.87% compared with the Sensex's 7.69% decline. The scrip had also underperformed the market in past one quarter, declining 11.75% as against 3.83% fall in the Sensex. For the latest updates on the stock market, visit Stock Market Today

Oil prices 13/12/2011, crude oil prices dec 13 2011,Oil India dec 13 2011, Cairn India, BSE Sensex For the latest updates PRESS CTR + D or visit Stock Market news Today

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