Commodities

Oil prices: Hedge funds play it safe ahead of make-or-break week for crude

Investors played it safe on U.S. crude ahead of a make-or-break week for oil markets.

Oil, oil prices, US crude, US crude prices, Money managers, oil market, world oil market, market news

Oil falls, set for more than 20 percent loss in November amid swelling stocks

Oil prices fell further on Friday as swelling inventories depressed sentiment despite widespread expectations that the Organization of the Petroleum Exporting Countries (OPEC) and Russia would agree s

Oil prices, OPEC, US crude, PVM Oil, Oil inventories, G20 meeting, Buenos Aires, Argentina News

Vodafone Idea Rating ‘hold’ : Keeping resources and spend balanced

We attended the maiden analyst meet of Vodafone Idea Ltd (VIL) and we would have liked to hear about big capex and ambitious plans on home broadband.

Commodities News

Whirlpool of India Rating ‘Buy’ : One of the best plays on the sector

We view WHIRLpool as one of the best plays in Indian home appliances, given its assorted product mix aiding growth across cycles, formidable market share, sturdy product pipeline, strong parentage and

Commodities News

Cooking gas gets cheaper! Market price of LPG cut by Rs 133; here’s how much subsidised cylinder will cost

The price of non-subsidised or market priced LPG rates have been cut by a steep Rs 133 per cylinder due to the fall in the international oil rates and appreciation in the rupee.

The price of non-subsidised or market priced LPG rates have been cut by a steep Rs 133 per cylinder News

Petrol prices at 8-month low level; petrol selling for Rs 78.43 per litre in Mumbai today

Petrol, diesel prices today: Continuing the price cuts during the last 41 days, the oil marketing companies (OMCs) slashed fuel prices as petrol reached at an 8-month low mark (since April) across the

The oil glut between 2014 and late 2016 created a huge oil windfall for India, which benefited the Narendra Modi government in terms of fuel tax. News

Gold prices flat ahead of Donald Trump-Xi Jinping meet at G20 summit in Buenos Aires

Gold prices were flat early on Friday as the dollar steadied ahead of the G20 meet in Argentina this weekend, where U.S. and Chinese leaders are scheduled to discuss trade matters after months of tens

Gold, share mark, commoditie, gold prices, G20, G20 summit, Trump-Jingping meet, Trump-Xi meet, world news

UAE downplays fuel shortage concern, says it has strongly stood with India to cover deficit

The UAE on Wednesday downplayed India's concerns about rising fuel prices and possible oil shortage after the six-month US relief to stop import of Iranian oil by New Delhi ends, saying the emirate an

Oil, share market, Crude, Crude oil, Crude oil prices, Saudi Arabia, market, commodities news

Gold demand remains weak, silver recovers; check rates in Delhi

The prices of gold fell by Rs 20 to Rs 31,540 per 10 gram at the bullion market on Thursday on weak demand from jewellers amid strengthening rupee.

Commodities News

Oil resumes sell-off as growing US stockpiles feed oversupply fears

Oil prices fell about 2.5 percent on Wednesday after U.S. crude inventories rose for the 10th straight week to the highest in a year, adding to worries about a worldwide supply glut.

Oil prices, US stock, US crude stockpiles, US crude, OPEC News

Crude oil prices climb ahead of OPEC, G20 meetings, but cautious mood lingers

Oil prices rose on Wednesday ahead of an OPEC meeting next week at which the producer club is expected to decide some form of supply cut to counter an emerging glut.

Commodities News

Crude oil falls below $60 per barrel on record Saudi output

Oil prices have lost almost a third of their value since early October, weighed down by an emerging supply overhang and widespread financial market weakness.

crude prices fall, ब्रेंट क्रूड, prices on 1 year low, petrol and diesel, supply and demand gap News

What crude oil at $50 a barrel means for India and the world economy

Just a couple of months ago, major oil trading houses were predicting the return of $100 crude. Now, with oil prices at half that level, here’s a look at what the slump means for the world economy.

Commodities News

Gold prices up by Rs 46 in futures trade on steady demand

According to analysts, raising of bets by speculators at current levels mainly pushed up gold prices at futures trade here but a subdued trend overseas, limited the gains.

Commodities News

Petrol price today: Petrol price cut to below Rs 80 in Mumbai; check latest rates in metros

Petrol price today: Fuel prices continued to ease in the major metros, with one litre of petrol now being sold below Rs 80 in Mumbai.

Commodities News

Crude oil weighed down by record Saudi output; markets eye G20, OPEC meetings

Record Saudi oil production pulled down crude prices on Tuesday amid cautious trading ahead of the G20 gathering that starts in Argentina on Friday and next week's OPEC meeting in Austria.

Commodities News

Gold prices soar Rs 100 on buying by jewellers; check rates in Delhi

The prices of gold soared by Rs 100 to Rs 31,850 per 10 gram Monday on account of positive global sentiment and buying by domestic jewellers.

Commodities News

Crude oil prices stabilise after ‘Black Friday’ plunge

Oil prices steadied on Monday after plunging nearly 8 percent in the previous session, but remain under pressure with Brent crude below $60 per barrel amid weak fundamentals and struggling financial m

Commodities News

Oil PSUs plan to add 4,450 petrol pumps in Gujarat, says official

Public sector firms Indian Oil, Bharat Petroleum and Hindustan Petroleum plan to add 4,450 retail outlets across Gujarat in a bid to expand its network and meet growing fuel needs, an official said he

Oil PSUs, petrol pumps in Gujarat, Indian Oil, Bharat Petroleum, Hindustan Petroleum,  BPCL News

South Africa to invest $1 billion in South Sudan oil sector

South Sudan's oil minister says South Africa will invest USD 1 billion into the war-torn country's oil sector in what would be the largest investment in the East African country's history.

Commodities News

Gold prices fall below Rs 32,000 on weak global cues, demand from jewellers

Taking weak cues from the global market and fall in demand from local jewellers, gold prices dipped below the Rs 32,000-mark by plunging Rs 400 to Rs 31,750 per 10 grams at the bullion market during t

Commodities News

As oil plunges, the real OPEC meeting will be at next week’s G20

For the oil market, it looks like the real OPEC meeting will come a week ahead of schedule.

Oil, share market, Crude, Crude oil, Crude oil prices, Saudi Arabia, market, commodities news

Bolsonaro seeks $30 billion Brazil oil boon where others failed

President-elect Jair Bolsonaro is pursuing the sale of Brazil’s deep-sea treasure-trove of oil, but just weeks after his election he’s facing the same political obstacles as his two predecessors.

Commodities News

Petrol prices slashed nearly Rs 9 as of November 24; petrol selling at Rs 77.22 in Kolkata today

Petrol, diesel prices today: The prices of petrol and diesel were cut yet again by the oil marketing companies (OMCs) on Saturday amid in fall in global crude oil prices.

Commodities News

Oil Price crash: Crude limps to worst week in three years over glut fears

Oil notched its biggest weekly loss since the depths of the last price crash, as record Saudi output, pressure from U.S. President Donald Trump and a global stock sell-off intensified crude’s freefa

Oil, share market, Crude, Crude oil, Crude oil prices, Saudi Arabia, market, commodities news

Merchandise Exports from India Scheme: Non-basmati rice exports get 5% MEIS benefit for 5 months

Non-basmati rice has been made eligible for MEIS benefits at the rate of 5% for exports made between November 26 and March 25, 2019, the Directorate General Foreign Trade said in a notification.

Commodities News

‘$1 rise in crude can inflate import bill by Rs 6,160 cr’

According to the ratings agency, if the Organisation of the Petroleum Exporting Countries (OPEC) and its allies decide to hold their supply, oil prices are likely to rebound.

Commodities News
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