Commodities

Commodities News

Crude oil prices rise on tighter supply, geopolitical risks

The April contract for U.S. West Texas Intermediate (WTI) crude was up 10 cents to $81.14. Oil prices ticked up in early Asian trading on Monday, firming up gains from last.

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Petrol costliest in Andhra Pradesh & Kerala; BJP-ruled MP, Bihar close behind

That reduction brought relief to fuel users but rates continue to be above Rs 100 a litre mark in some states due to higher Value Added Tax (VAT). Petrol and.

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OMCs to take call on more price cuts, based on profitability: Puri

The minister’s statement comes in the wake of OMCs, including the Indian Oil Corporation (IOC), slashing prices of petrol and diesel by Rs. 2, a move that became effective on.

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India oil demand to rise 4.2% on year in 2024: OPEC

Rising diesel consumption key driver India’s oil demand in the year 2024 is expected to see a growth of 220,000 barrels per day to reach 5.57 million barrels per day,.

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Oil products demand up 2.4% in Feb: Report

Month-on-month analysis, too, showed robust growth, with consumption up by 256,000 b/d, underlining the economic recovery and increased industrial activities. India’s oil products demand witnessed an increase of 132,000 barrels.

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Crude oil prices up on strong US demand, Fed signals in focus

Oil prices rose on Wednesday on expectations of strong global demand, including in the world’s top consumer the United States, and as even somewhat sticky U.S. inflation did not dent expectations the.

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Crude oil dips on profit taking after price crosses $85

Brent crude oil futures for May fell 41 cents, or 0.5%, to $85.01 a barrel at 1234 GMT, after crossing $85 a barrel for the first time since November on.

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Rice stocks 4 times the buffer at 57 MT

A year ago, rice stock held with FCI was lower at 21 MT, as FCI has supplied additional grain free to the beneficiaries under PMGKAY. The rice stocks held with.

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Polish farmers to let trucks at one Ukraine border crossing pass, PAP reports

WARSAW (Reuters) – Polish farmers protesting at the Dorohusk border crossing with Ukraine will let all trucks stuck there pass through as a gesture of goodwill, a protest leader told.

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Morning Bid: Sidestepping CPI for AI, China wobbles anew

A look at the day ahead in U.S. and global markets from Mike Dolan Even as U.S. inflation missed forecasts again and Treasury debt yields reared up in reaction, AI-fueled.

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