Commodities

Commodities News

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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Commodities News

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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Oil retreats from multi-month highs ahead of Fed decision

The Fed is not predicted to cut borrowing costs, but fresh economic projections could signal fewer interest rate cuts and a later start to the policy easing than previously expected..

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Oil falls from highs ahead of Fed decision

By Robert Harvey LONDON (Reuters) -Oil prices fell on Wednesday after hitting multi-month highs in the previous session, as investors braced for the U.S. Federal Reserve’s interest rate policy announcement.

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Oil rises to multi-month highs on Russian supply concerns

By Shariq Khan NEW YORK (Reuters) -Oil prices rose to multi-month highs for the second straight session on Tuesday as traders assessed how Ukraine’s recent attacks on Russian refineries would.

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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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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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