Commodities

Jain noted that geopolitics and traditional summer demand have been driving up prices. Rising global crude oil prices are a cause of concern and anxiety for India, said oil secretary.

Geo-political tensions have built the risk premium in the market, if we see any development in the same that could further add gains for both Gold and Silver, said Manav.

By Florence Tan SINGAPORE (Reuters) -Oil prices extended gains on Friday and headed for a second weekly gain, supported by geopolitical tensions in Europe and the Middle East, concerns over.

By Nidhi Verma and Krishn Kaushik NEW DELHI (Reuters) – The United States has not asked India to cut Russian oil imports as the goal of sanctions and the G7-imposed.

By Robert Harvey MOSCOW/LONDON (Reuters) – When engineers at Russian oil firm Lukoil discovered a turbine had broken at their largest refinery on January 4, they quickly realised the problem.

By Paul Carsten LONDON (Reuters) -Oil prices were steady on Thursday, shored up by concerns about lower supply as major producers keep output cuts in place and on signs of.

By Robert Harvey LONDON (Reuters) -Oil prices extended gains on Wednesday, as investors mulled supply risks stemming from Ukrainian attacks on Russian refineries and the potential for escalation in the.

By Clyde Russell LAUNCESTON, Australia (Reuters) -The return of China’s key manufacturing index to positive territory for the first time in six months has sparked optimism that commodity demand from.

By Alex Lawler, Ahmad Ghaddar and Olesya Astakhova LONDON/MOSCOW/DUBAI (Reuters) -A meeting of the top OPEC+ ministers kept oil output policy unchanged and pressed some countries to boost compliance with.

During January to March, India imported only 100,000 barrels a day of crude oil from Venezuela, accounting for only 2% of the country’s total crude imports, according to data from.