Commodities

Commodities News

Oil prices advance as investors reassess US inventories data

By Katya Golubkova TOKYO (Reuters) -Oil prices edged up on Thursday, following two consecutive sessions of decline, as investors reassessed the latest data on U.S. crude oil and gasoline inventories and returned.

Read More
Commodities News

German wind power sector welcomes government offshore terminal funding

By Emma-Victoria Farr FRANKFURT (Reuters) -The German Offshore Wind Energy Foundation said the government’s decision to help fund the expansion of an offshore terminal is important to achieve expansion goals.

Read More
Commodities News

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..

Read More
Commodities News

Will maximise refining margins irrespective of crude price trend: Nayara Energy CFO

Nayara, which owns the country’s second largest single-site oil refinery, will focus on refining margins, irrespective of any volatility in global crude oil prices. Nayara Energy, a private refinery, is.

Read More
Commodities News

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.

Read More
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.

Read More
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.

Read More
Commodities News

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..

Read More
Commodities News

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.

Read More
Commodities News

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.

Read More