Commodities

Crude oil extends gains after OPEC-led group seals deal to cut supply

Oil prices rose on Monday, extending gains from Friday when producer club OPEC and some non-affiliated producers agreed a supply cut of 1.2 million barrels per day (bpd) from January.

Commodities News

India’s coal output up 10 percent to 156 MT during April-November

India's coal import rose 9.7 per cent to 156.08 million tonne (MT) in the April-November period of the ongoing fiscal, as against 142.25 MT in the corresponding months a year ago, according to mjuncti

Commodities News

Petrol prices down nearly 15% from record levels

Petrol prices across the four metros have declined by nearly 15 per cent from the record high levels they had reached in October.

Petrol prices, Petrol prices in delhi, OPEC, diesel prices in delhi, IndianOil Corp News

Both gold and silver are glittering! Gold prices surged by Rs 890, silver climbed Rs 1,940 this week

Taking positive leads from the global market amid firm demand from local jewellers, gold prices surged Rs 890 to Rs 32,350 per 10 grams at the bullion market during the week.

gold, silver, Gold prices, bullion market, global market News

4,500 more petrol pumps in Gujarat! Here’s what oil PSUs are planning

Public sector oil companies Indian Oil, Bharat Petroleum and Hindustan Petroleum have an ambitious plan to open nearly 4,500 fuel outlets across Gujarat, an official said on Saturday.

petrol pumps in Gujarat, Gujarat, Indian Oil, Bharat Petroleum, Hindustan Petroleum, PSU News

No crude shock: US shale industry healthy enough to ignore OPEC moves

In 2014, the U.S. oil industry’s fate seemed to rest in the hands of OPEC ministers who were flooding the market with cheap oil in a push to obliterate them.

Commodities News

OPEC, allies agree to reduce crude production by 1.2 million barrels per day

The Organization of the Petroleum Exporting Countries (OPEC) and allied producers agreed to lower their production of crude oil by 1.2 million barrels per day for a six-month period.

Commodities News

CAI trims cotton crop estimate for 2018-19 to 340 lakh bales

The projected annual balance sheet for the season 2018-19 drawn by the CAI has estimated total cotton supply, till end of the season upto September 30, 2019, at 390.25 lakh bales.

Commodities News

Maharashtra dairies to withhold subsidy till dues are cleared

Dairies in Maharashtra had waited till November 30 for pending dues of Rs 100 crore under the state government subsidy scheme and had threatened to pull out of the scheme.

Commodities News

Gold shines! Yellow metal set for best week since August, US jobs data eyed

Gold prices edged higher on Friday and were on track for their best week in 15, as the dollar weakened on renewed speculation of an imminent pause in the U.S. Federal Reserve's tightening cycle.

Commodities News

Petrol prices slashed by 40 paise today; diesel selling at Rs 68.59 per litre in Mumbai

Petrol, diesel prices today: The prices of petrol and diesel were slashed 40 and 43 paise, respectively across the cities by the oil marketing companies (OMCs) Friday as global crude oil prices contin

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

Crude oil drops as OPEC makes supply cut dependent on Russian support

Oil prices fell on Friday, pulled down by OPEC's decision to delay a final decision on output cuts, awaiting support from non-OPEC heavyweight Russia.

Commodities News

Oil prices: Crude falls amid signals of lacklustre OPEC deal to cut output

Crude slipped as Saudi Arabia’s energy minister backed a smaller-than-expected supply cut.

crude oil, oil sector, oil industry, opec News

Oil falls after OPEC delays output decision

Oil fell in choppy trading on Thursday after OPEC ended a key meeting having made no decision on crude output.

Oil falls after OPEC delays output decision

OPEC agrees to cut crude oil output; may decide final figures by Friday

OPEC agreed on Thursday a tentative deal to cut oil output but has not yet come up with a final figure, an OPEC delegate said.

OPEC, cut in crude oil output, crude oil output, non-OPEC Russia, Khalid al Falih News

OPEC waits on Vladimir Putin’s decision as it searches for oil cut deal 

OPEC meets on Thursday with the cartel seemingly willing to defy U.S. President Donald Trump and cut oil production -- but the most important decision maker will spend the day a thousand miles away.

OPEC, Vladimir Putin, Alexander Novak, Donald Trump, oil production, russia, Saudi Arabia News

Petrol price slashed again, Rs 71.32/litre in Delhi; check latest rates in Mumbai, Chennai, Kolkata

Petrol price today: While petrol is being retailed at Rs 71.32 per litre, a cut of Rs 0.40 from yesterday' price, diesel can be availed at Rs 65.96 per litre, down Rs 0.43 in Delhi.

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

Crude oil prices dip as stock markets slide, but trading tepid ahead of OPEC meeting

Oil prices fell along with weak stock markets on Thursday, but trading was tepid ahead of a meeting by producer group OPEC that is expected to result in a supply cut aimed at draining a glut that has

Commodities News

Cabinet likely to clear policy to boost exports of agriculture commodities

The Union Cabinet is expected to approve Thursday a policy to boost exports of agriculture commodities such as tea, coffee and rice and increase the country's share in global agri trade, an official s

agri commodities, exports of agri commodities, Commerce Ministry, agri export policy News

Oil prices: Saudis, Russia haggle on crude as Donald Trump tells OPEC to keep pumping

OPEC and its allies continued to haggle over the size of potential crude-production cuts in Vienna on Wednesday as U.S. President Donald Trump urged the group to keep the taps open and prices down

Oil prices, Donald Trump, OPEC summit, Saudi Arabia, Russia, Gulf producers, kuwait News

Gold losing it’s glitter: Palladium outshines yellow metal Gold; key things to know

Gold just got left behind by one of its sister metals. After a demand-fueled rally over the past four months that’s seen prices hit successive records, palladium topped gold.

New gold standard, gold, yellow metal, Palladium, BMO Capital Markets, Metals Focus Ltd News

Prepared to meet full fertiliser demand in rabi season, says Union Minister DV Sadananda Gowda

The government is prepared to fulfil the complete fertiliser demand of farmers during the ongoing rabi season, Union Minister for Chemicals and Fertilisers D V Sadananda Gowda said Wednesday.

fertiliser demand, rabi season, D V Sadananda Gowda, kharif, P&K fertilisers  News

Petrol price remains stable across metros; check latest rates in Delhi, Mumbai, Chennai, Kolkata

Since October 17, petrol prices have reduced by Rs 11.11 in Delhi, Rs 10.79 in Mumbai, Rs 10.90 in Kolkata and Rs 11.69 in Chennai. The latest prices are the least since April 1 in the major metros, m

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

Crude oil prices skid amid global stock market slump, swelling US supply

Oil prices fell 1 percent on Wednesday, weighed down by swelling U.S. inventories and a plunge in global stock markets as China's government warned of increasing economic headwinds.

Commodities News

Petrol, diesel to soon cost less in Delhi than UP

According to price notifications, Delhi levies a VAT of 27 per cent on petrol. The same on diesel is 16.75 per cent plus Rs 250 per kl air ambience charge.

petrol diesel, petrol price in noida, petrol price in noida, petrol price in noida and delhi, fuel price, diesel price in noida, diesel price in delhi, diesel price in up, delhi petrol price, delhi diesel price today, delhi diesel price today in noida News

Petrol price today: Petrol price cut to Rs 71.72 in Delhi; check latest rates in Chennai, Mumbai, Kolkata

In financial capital Mumbai, one litre of petrol is retailing at Rs 77.29, down by 21 paise.

Commodities News

Gold holds firm on weaker dollar

Gold prices held firm early on Tuesday, having hit a more than three-week high in the previous session, as the dollar stumbled after the United States and China agreed to a temporary truce in their tr

Commodities News
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