Commodities

Oil output cut: Saudis say OPEC+ move provided a lifeline to US shale

Crude producers in the U.S. are pumping a record 11.7 million barrels a day, according to the Energy Information Administration.

Commodities News

BPCL to import 1 m barrels of Iran crude in February and March

The company believes Iranian oil is the best oil to source at present given the freight, insurance and delivery benefits they provide.

Commodities News

As demonetisation impact fades, India’s oil demand rises from 4-year low

Lower crude prices will support demand for transportation fuels, with gasoline and diesel consumption expected to increase by 8.8 percent and 4.3 percent in 2019, respectively, Kumaran said.

Commodities News

Cheaper tea, coffee, sugar: here’s how much global food & beverage prices fell in 2018

Following an uncertainty in global economic conditions and controlled demand pressure for the commodities, 2018 saw a global price dip in most of the daily use items belonging to groups such as food a

Indian Tea In Pakistan, Demand Increase Of Indian Tea, Import, Export, Tea, India And Pakistan Trade, Tea Board News

Petrol price today: Fuel prices continue to rise; petrol above Rs 69/ litre in Delhi; check latest rates

Petrol price today: With the latest revision, petrol is retailing at Rs 69.07 per litre in the national capital New Delhi, up about 19 paise from yesterday's price of Rs 68.88 per litre.

petrol, diesel, cheaper crude, cheaper fuel, पेट्रोल और डीजल, सस्ते क्रूड का फायदा, Oil Companies no plans to recoup losses News

Crude oil prices dip as worries over economic slowdown return

Oil prices were also supported by comments from U.S. Federal Reserve Chairman Jerome Powell on Thursday that the central bank had the ability to be patient on monetary policy.

Commodities News

Sweet Grapes! Exports to Europe may cross 2.5 lakh tonne this season

According to Apeda, 9,810 tonne of grapes have left for Europe and as the season progresses, more containers are expected to be shipped to the continent

Commodities News

Cryptocurrencies take a sudden lurch lower as Bitcoin declines

The largest digital currency slumped as much as 6.2% in the European morning, erasing an earlier small gain to trade at $3,785.17 at 9:28 am in London.

Commodities News

Gold price rises! Yellow metal crosses Rs 33,000-mark

Gold prices on Thursday surged for the fourth consecutive session crossing the Rs 33,000-level at Rs 33,070 per 10 gram.

Commodities News

Petrol, diesel prices marginally up after 2-day halt; petrol at Rs 68.88 per litre in Delhi

On December 31, petrol prices touched their lowest level of 2018, while diesel rates reached their lowest since March-end.

Petrol price at lowest level in 2018, diesel rates at 9-month low News

Gold Monetisation Scheme: RBI amends eligibility criteria for deposits; check details

Reserve Bank of India (RBI) on Wednesday amended the Gold Monetisation Scheme, 2015 with respect to the eligibility criteria of making deposits.

Commodities News

Petrol, diesel prices kept unchanged for second day; petrol at Rs 68.50 per litre in Delhi

In Mumbai, the petrol today is retailing at Rs 74.16, while diesel price is priced at Rs 65.12 per litre in Mumbai, no change from yesterday's price.

‘I Love IndianOil’ Contest, IOC, Indian Oil, 25000 Rupee Worth Fuel Coupon, Win Prize, Facebook, Twitter, इंडियन ऑयल, 5 हजार रुपये का पेट्रोल बिल्कुल मुफ्त News

Oil prices rise over 2 per cent on trade talk optimism

Oil prices rose more than 2 percent on Tuesday, supported by hopes that crude demand may rise more quickly if talks between U.S. and Chinese officials resolve the trade dispute between the world's two

Oil prices, WTI crude oil futures, Xi Jinping,  trade deal, Donald Trump, Wilbur Ross News

Analyst Corner: ‘Neutral’ rating on Tata Power with TP of Rs 72

After about a year-long competitive bidding process, BEST DISCOM found it economical to extend the existing PPA with Tata Power’s Trombay and hydro power plants due to transmission constraints in Mu

Commodities News

Shrimp export growth to slow down: Icra

Indian shrimp export growth is expected to slow down after four years of robust expansion due to stiff competition from other suppliers, according to a report.

Commodities News

Gold dips as dollar gains, trade deal hopes lift stocks

Spot gold slipped 0.5 percent to $1,282.15 per ounce as of 1303 GMT. U.S. gold futures were also 0.5 percent lower at $1,283.90 per ounce.

Commodities News

Oil prices up on US-China trade talk hopes, OPEC cuts

S&P Global Ratings said it had lowered its average oil price forecasts for 2019 by $10 per barrel to $55 and $50 per barrel for Brent and WTI, respectively.

Commodities News

Demonetisation, GST hit growth in gold jewel industry, says gem and jewellery body

No significant growth was witnessed in the gold jewellery industry in the previous two years, especially after demonetisation and GST, a top body of the gem and jewellery industry said on Tuesday.

Commodities News

Petrol, diesel price today: Fuel prices remain unchanged; petrol at Rs 74.16 per litre in Mumbai

Today, petrol is being sold at Rs 74.16 while diesel price is retailing at Rs 65.12 per litre in Mumbai. In the National capital Delhi, petrol can be availed at Rs 68.50 per litre and diesel is retail

petrol, diesel, cheaper crude, cheaper fuel, पेट्रोल और डीजल, सस्ते क्रूड का फायदा, Oil Companies no plans to recoup losses News

US oil prices edge up on trade talk hopes, OPEC cuts

Oil prices edged up on Tuesday, supported by hopes that U.S.-Chinese talks in Beijing would bring a halt to a trade dispute between the world's biggest economies, while the start of OPEC-led supply cu

US oil prices, OPEC, US Chinese talks, Beijing, US West Texas Intermediate, OPEC production News

Oil rises; lifted by OPEC cuts, steadying stock market

Oil prices edged higher on Monday, rebounding further from 1-1/2-year lows reached in December, on support from OPEC production cuts and steadying equities markets.

Oil prices, OPEC, crude futures, Brent crude futures, OPEC oil supply, Goldman Sachs News

Rise in PVC prices was unexpected

Amidst expectation of a decline, PVC prices have seen an unexpected rise of 3.3% led by recent consecutive price hikes.

Commodities News

Oil Prices: Crude set for longest gain in 17 months on US economy, OPEC cuts

Oil headed for its longest stretch of daily gains in more than 17 months as the US Federal Reserve sought to ease investor concerns, China moved to stimulate its economy and OPEC production cutbacks t

crude oil, oil prices News

Gold rises, palladium hits record high as Fed shift hopes hurt dollar

Gold tends to gain when interest rate hike expectations ease because lower rates reduce the opportunity cost of holding non-yielding bullion.

Commodities News

Petrol, diesel price today: Fuel prices up again; petrol selling at Rs 68.50 per litre in Delhi

On December 31, prices of petrol touched their lowest level of 2018, while diesel prices reached their lowest since March-end. Currently, petrol prices are at its lowest level in over a year and diese

petrol, diesel, cheaper crude, cheaper fuel, पेट्रोल और डीजल, सस्ते क्रूड का फायदा, Oil Companies no plans to recoup losses News

Oil prices up: Crude oil rises on trade talks and supply cuts, but economic slowdown looms

Oil prices rose by more than 1 percent on Monday, lifted by optimism that talks could soon resolve the trade war between the United States and China, while supply cuts by major producers also supporte

Commodities News

Petrol, diesel prices today: Fuel prices slashed again after 2-day halt; check latest rates across metros

In the Mumbai city, petrol and diesel are retailing at Rs 74.10 per litre and Rs 65.34 per litre, respectively. In Kolkata and Chennai, petrol is being sold at Rs Rs 70.58 per litre and Rs 71.01 per

petrol, diesel, cheaper crude, cheaper fuel, पेट्रोल और डीजल, सस्ते क्रूड का फायदा, Oil Companies no plans to recoup losses News
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