Commodities

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

Crude oil slips on global manufacturing downturn, although OPEC cuts offer support

International Brent crude futures were down 39 cents, or 0.7 percent, at 0155 GMT at $55.56 a barrel. U.S. West Texas Intermediate (WTI) crude oil futures were at $46.93 per barrel, down 16 cents, or

Iran, Payment For Oil In Rupee, Withholding Tax, NIOC, Crude Import, Reuters, India Gives Relief To Iran News

Gold climbs to over 6-month peak on global slowdown fears

Gold prices rose to a fresh 6-1/2 month high on Friday as tumbling share markets on the back of weak U.S. data fanned fears of a global economic slowdown, putting the safe haven metal on track for a t

Commodities News

Oil slips on economic downturn fears, but OPEC cuts offer support

Oil prices fell on Friday after the United States showed signs of following Asia into an economic slowdown, although supply cuts by producer club OPEC kept declines in check.

Commodities News

Gold rallies by Rs 335: Yellow metal prices rise for third straight day; check latest rates in Delhi

Gold prices today: Weaker rupee against dollar, strong trend overseas and safe haven buying contributed the rise in the prices of the yellow metal.

Commodities News

OPEC output falls most in almost two years as Saudi Arabia cuts begin

The kingdom’s deliberate cutbacks were compounded by unplanned losses in Iran, which is being targeted by U.S. sanctions, and in Libya, where protests halted the biggest oil field.

Commodities News

Petrol, diesel prices today: Fuel prices remain unchanged for second day; check latest rates

In Mumbai, petrol and diesel prices remained at Rs 74.30 per litre and Rs 65.56 per litre, respectively, according to data available with the Indian Oil Corp website.

said that incidence of taxes and dealers commissions work out to be 96.9% in case of petrol and 60.3% for diesel News

Oil prices drop amid currency and stock market turmoil

Oil prices fell by more than one percent on Thursday amid volatile currency and stock markets, and as analysts warned of an economic slowdown for 2019.

Commodities News

Gold gains on global growth fears, falling Asian stocks

Gold prices inched up on Thursday as a dip in Asian equities and worries about a sharp global economic slowdown propelled demand for safer investments.

Commodities News

Oil companies not to recoup losses arising from Re 1/ltr subsidy on petrol, diesel

State-owned oil firms have no plans to recoup losses they made on subsidising petrol and diesel by Re 1 per litre even though rates have now become at par with the cost, top officials said.

Oil companies, BPCL, HPCL, IOC, Petrol prices, international fuel rates, oil prices News

Petrol, diesel prices today: Fuel prices remain unchanged; petrol at Rs 68.65 per litre in Delhi

In Mumbai, petrol and diesel prices remained at Rs 74.30 per litre and Rs 65.56 per litre, respectively, according to data available with the Indian Oil Corp website.

Commodities News

Crude oil falls as traders gear up for volatile 2019

Oil markets reversed early gains on Wednesday to fall on the back of surging U.S. crude production and concerns of an economic slowdown in 2019.

Commodities News

It’s cheaper to fly than drive: Auto fuels costlier than ATF now

Also, even non-PDS kerosene could soon become at par with ATF.

Commodities News
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