Gold hovers near 10-month peak amid steady dollar after Fed minutes

Gold prices were firm near a 10-month peak on Thursday, with the dollar holding steady in the wake of minutes from the latest U.S. Federal Reserve meeting that rekindled expectations of a possible rate hike later in the year.
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Punjab budget gives fuel relief! Petrol prices cut by Rs 5, diesel down by Re 1

Punjab Budget 2019-20: In a welcome move, Punjab government on Monday reduced petrol and diesel prices from midnight as it slashed value added tax (VAT) on fuel selling in the state in the budget.

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Finished steel exports fall 37%, imports grow 1.5% in April-January FY 2019

The country had exported 8.22 MT of finished steel during the corresponding period a year ago, the Joint Plant Committee (JPC) said in its latest report.

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Oil prices: Crude to rise as OPEC+ curbs counter trade worries

Brent for April settlement climbed 9 cents to $64.66 a barrel, near the highest level since November, on the London-based ICE Futures Europe exchange. It has gained 4.1 percent this week.

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Oil prices hit 2019 highs amid OPEC-led supply cuts

The international benchmark for oil prices is at a near 3-month high and set for a 4.5 percent gain for the week.

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Gold prices rises on hopes of Federal Reserve pause; trade talks in focus

Gold prices touched a more than one-week high of $1,318.12 on Wednesday, but pared gains in the late session on the dollar's strength.

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Oil prices rise on hopes for US-China trade spat breakthrough

The global oil market will struggle this year to absorb fast-growing crude supply from outside the Organization of the Petroleum Exporting Countries (OPEC), even with the group's production cuts and U

oil prices, US china trade talk, gllobal economy, sino US tariff, crude futures, brent crude oil, US china trade deal News

This Valentine’s Day, Indian rose exports likely to cross Rs 27 crore

The long winter this year has proven to be a boon for Indian rose growers.

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US warns India, other countries against buying crude oil from Venezuela; here’s why

Three million people, or 10 per cent of the population, have left Venezuela since its economy started to worsen in 2014, according to the UN.

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RIL, ONGC natural gas prices to be raised by 10%; here’s how much it will cost from April

The increase in price will boost earnings of producers like Oil and Natural Gas Corp (ONGC) and Reliance Industries but will also lead to a rise in price of CNG, which uses natural gas as input.

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Gold prices steady as Sino-US trade hopes drag dollar

US gold futures were mostly unchanged at $1,314.20 per ounce.

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Oil prices rise 1 percent amid OPEC supply cuts, US sanctions on Venezuela’s oil exports

The Organization of the Petroleum Exporting Countries (OPEC), which Saudi Arabia de-facto leads as the world's top crude oil exporter, said on Tuesday that it had cut its output by almost 800,000 bpd

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Gold prices steady as firmer dollar offsets growth concerns

"Gold is being pushed around by the U.S. dollar in the near term. Traders are getting out of anything to do with Europe on concerns of weakness in the region and going for safe-haven buying into U.S.

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Oil prices rise on OPEC output cuts, as US sanctions bite

The ongoing closure of parts of the Keystone pipeline that brings Canadian oil into the United States also helped prop up WTI, traders said. International Brent crude futures were up 50 cents, or 0.8

Oil prices, OPEC, US sanctions, WTI crude oil futures, crude price, iran, venezuela, US china trade talk News

UAE wants to store crude oil in India; keen to invest in refining, petrochemical projects

The remaining 50 percent stake is held by state-owned Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL).

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Bitcoin price crash: Cryptocurrency plunges 43% in just 3 months to $3,500; check latest price

Even as we witness a rebound in the price of Bitcoin in the last few days, the elusive cryptocurrency has lost a staggering 43% in just 3 months, data from Coinbase showed.

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Gold holds steady on global economic growth concerns; US-China trade talks in focus

Trade tensions between the world's top two economies have rattled financial markets since last year and also boosted the appeal of the U.S. dollar as a safe-haven.

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Oil prices: Doubters mount a comeback as rally stalls on global worries

The economic picture grew dimmer, with American and Chinese negotiators looking far apart on trade talks and disappointing data from Germany to Australia to the US

Oil Prices, Brent prices, OPEC supply, Saudi Arabia, russia, US China trade war,  crude price News

India sees higher domestic output and import cuts as 23 oil blocks goes up for bidding

Oil Minister Dharmendra Pradhan launched the OALP-III bid round at the Petrotech 2019 conference here on the outskirts of Delhi.

Commodities News

Gold prices fall: Why yellow metal trades lower in Delhi today

The gold prices on Friday traded lower at Rs 34,175 per 10 gram and silver fell by Rs 570 to Rs 40,930 per kg in Delhi Friday, news agency PTI reported citing All India Sarafa Association.

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Oil rises 1 percent on signs of tightening global oil supply

US government data on Wednesday showed that domestic crude inventories rose by less than expected last week even as refineries hiked output. Stocks gained by 1.3 million barrels in the week ended Feb.

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Gold slides Rs 25 to Rs 34,450; silver down Rs 320

Sovereign gold, however, held steady at Rs 26,100 per piece of eight grams. Silver ready declined by Rs 320 to Rs 41,380 per kg, while weekly-based delivery witnessed a fall of Rs 322 to Rs 40,323 per

Commodities News

Oil slips on economic concerns, dollar gains

Brent crude futures fell 39 cents to $62.12 a barrel. They touched their highest level in more than two months at $63.63 the previous day. US crude futures dropped 82 cents to $53.74 a barrel, down 1.

Commodities News

Gold slips as dollar gains on robust US data

The US dollar was broadly stronger against a basket of other currencies as investors took heart from Friday's strong U.S. payroll number, while stock markets globally held near two-month highs. With m

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