Commodities

Oil falls as slowing China economy dents markets

Brent crude oil futures were last down 35 cents on the day at $62.35 a barrel by 0946 GMT, while U.S. crude futures were down 23 cents at $53.57 a barrel.

Commodities News

Gold gains on jewellers’ buying, silver steady

Traders said emergence of buying by local jewellers to meet the ongoing wedding season demand at domestic spot market and a firm trend overseas, mainly led to the recovery in gold prices.

Commodities News

Petrol price today: Petrol price hiked to Rs 70.72 in Delhi; check latest rates for metros

Major oil marketing companies have hiked petrol prices to Rs 70.72 in national capital Delhi, implying a hike of 17 paise from yesterday's prices. We take a closer look.

Petrol Prices in Delhi today, Diesel Prices in Delhi today, Petrol and Diesel Prices in Delhi today, Petrol and Diesel Prices in four metro cities, IOC, Crude, BPCL, HPCL, Petroleum ministry News

Metals and mining Q3 preview: Lower prices, costs to hurt steel players

Zinc volumes likely to aid Vedanta; a steady Q3 for Hindalco; lower alumina prices to hit Nalco showing.

metals, steel sector, steel industry News

Gold ends 4-day rally as prices decline today; key reasons behind fall

Gold prices today: After surging for 4 days, prices of gold on Friday fell by Rs 80 to Rs 33,220 per 10 gram in Delhi’s bullion market.

Gold Vs gold bond Vs god ETF pros and cons of each form News

Petrol price today: Fuel prices continue to rise; petrol at Rs 70.55 per litre in Delhi; check latest rates

 Petrol price today: In Mumbai, petrol and diesel are retailing at Rs 76.18 per litre, up 7 paise, and Rs 68.02 per litre, 20 paise higher, respectively. from yesterday's rates.

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

Crude oil prices rise on OPEC output cuts, but surging US supply drags

OPEC, along with some other producers including Russia, cut oil output sharply in December before a new accord to limit supply took effect on January.

Commodities News

After a day’s respite, petrol prices up again; petrol above Rs 76 per litre in Mumbai; check latest rates

Petrol price today: In the national capital New Delhi, petrol can be availed at Rs 70.47 per litre, an increase by 14 paise and diesel is retailing at Rs 64.78 per litre, up 19 paise from yesterday's

‘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 edge down as US fuel stockpiles grow more than expected

U.S. oil prices inched down on Thursday, with traders worried about the strength of demand in the United States after gasoline stockpiles there grew last week by far more than analysts had expected.

Commodities News

American oil to ease India’s oil dependency on Gulf countries? India-US oil supply contracts on cards but price a hurdle

In order to ensure a steady inflow of crude oil given that supply from Iran has been capped, the country’s oil marketing companies are looking at long-term contracts with US suppliers, but non-avail

crude oil, india, us News

Currency pain: Rupee remains weak in forward market

While the rupee weakened to a new one-month low of 71.40 against the dollar on Wednesday, the movement of non-deliverable forwards (NDF) saw the one-month low of Rs 71.53.

rupee, dollar, currency News

Petrol prices cut marginally, diesel prices hiked for seventh consecutive day; check latest rates

In Mumbai too,  petrol prices saw a decline of 8 paise to Rs. 75.97 per litre and price of diesel is retailed at Rs 67.62 per litre, an increase of 13 paise, according to data available with the Ind

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

Gold prices rise as failed Brexit vote drags on dollar

Gold prices inched up on Wednesday on expectations of a pause in U.S. interest rate hikes and as the dollar weakened against the pound after lawmakers voted down British Prime Minister Theresa May's d

Commodities News

Oil Turmoil: Oil rises 2% on supply cuts but global slowdown looms

Hopes for renewed US-China talks to resolve trade dispute have boosted world stock markets as well as oil prices.

crude, crude oil, brent News

Gold steady on Fed rate pause hopes, stronger equities

Asian stocks recovered on Tuesday after Beijing signalled more supportive measures to stabilise a slowing economy, and emphasised that China is seeking a strong start in the first quarter.

Gold prices, Federal Reserve, asian stocks, US gold futures, global growth, Theresa May News

Oil prices expected to stay anchored around $65-70 through 2023: Kemp

Long-term expectations for the average price of Brent crude remain anchored around $70 per barrel, close to the $72 average realised in 2018.

Oil prices, Brent prices, gas production, price of Brent crude News

Crude oil halts drop near $51 a barrel on stockpile optimism and equity rebound

Oil halted its retreat near $51 a barrel on forecasts for a drop in U.S. inventories and as a rebound in equities signaled investor interest in risk assets was improving.

Commodities News

Petrol price today: Fuel prices hiked for 6th consecutive day; check latest rates in major cities

Petrol price today: In Mumbai, petrol is retailing at Rs 76.05 per litre, 28 paise from yesterday's price, and diesel is selling at Rs 67.49 per litre, an increase of 31 paise. 

‘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 rises 1 per cent on supply cuts, but gloomy economic outlook caps gains

Oil prices rose by 1 percent on Tuesday amid supply cuts by producer club OPEC and Russia, although analysts said much bigger gains were unlikely because of a darkening economic outlook capped gains.

Commodities News

Gold prices steady as dollar gains on fears of economic slowdown

Gold prices were steady on Tuesday, pressured by a firm dollar on the back of concerns over slowing global growth, but well supported by expectations the U.S. Federal Reserve could refrain from raisin

Commodities News

Maharashtra farmer activists, sugar millers call interim truce

Sugar mills are citing falling prices caused by a huge surplus of sugar stocks for their inability to pay sugarcane farmers

Commodities News

Indian steel export strategy getting increasingly diversified: Sushim Banerjee, DG, Institute of Steel Growth and Development

The current market realisation in Indian domestic market offers a still higher return as compared to the ruling global steel prices and therefore the urge to exports is not there.

Commodities News

Oil falls back to $60 on concerns about China slowdown

"Oil prices are getting weighted down by the prospects of weaker economic growth in China," Stephen Innes of futures brokerage Oanda said in a report.

oil prices, china, oil consumer, china exports, indian economy, Asian stock markets, Chinese oil demand News

Gold prices rise; check yellow metal rates in Delhi today

Gold prices rose on Monday by Rs 225 to Rs 33,100 per 10 gram at the bullion market in Delhi amid positive trend overseas and a jump in demand from domestic jewellers.

Commodities News

Petrol price today: Petrol crosses Rs 70/ litre mark in Delhi; check latest rates in major cities

Petrol price today: In the national capital New Delhi, petrol is retailing at Rs 70.13 per litre, an increase of 38 paise from yesterday's price, diesel is 49 paise up and being sold at Rs 64.18 per l

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

Oil prices edge up on OPEC-led supply cuts, lower US drilling activity

Oil prices edged up on Monday, supported by ongoing supply cuts from producer club OPEC and Russia and by a drop in U.S. drilling activity.

Commodities News

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
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