Commodities

Brent crude futures were down 43 cents, or 0.5%, at $81.76 a barrel, while U.S. West Texas Intermediate crude futures were 46 cents, or 0.6% lower, at $76.38 a barrel.

The food ministry also announced selling of rice through retail outlets at subsidised rate of Rs 29/kg under the Bharat rice initiative. To prevent a spike in rice prices and.

According to an official notification, SAED on export of diesel, petrol, and jet fuel or ATF, has been retained at nil. The government has hiked windfall tax on domestically produced.

The OMCs could have cut prices now as the crude prices are hovering below $80/barrel, a threshold for doing so, but for the heightened uncertainties due to geopolitical tensions. Retail.

By Shariq Khan NEW YORK (Reuters) – Oil prices rose about a dollar a barrel on Monday on concerns that tensions in the Middle East and Russia’s ongoing invasion of.

The sugar output for the 2022-23 season was at 36.61 MT, which excludes diversion towards ethanol production. The country’s sugar production in the current season — 2023-24 — is likely.

BEIJING (Reuters) -China’s coal imports from Australia picked up in 2023 after a ban of nearly two years was lifted, but they remained below pre-ban levels as the supplier tries.

The United Arab Emirates, Netherlands, and Malaysia were among the top buyers of Indian petroleum products in January including diesel, jet fuel, gasoline, and naphtha among others. India’s export of.

In India, the jewellery demand was down 6% to 562.3 tonne compared to 2022. In the December quarter, the fall was sharper by 9% to 199.6 tonne over the December.

During February 15 – April 15, the two agencies are aiming to purchase 0.4 million tonne (MT) of tur for buffer stock under the price stabilisation fund. To ensure that.