Commodities

Commodities News

Oil prices ease as market awaits China data to gauge demand

Brent crude futures fell 23 cents, or 0.3%, to $84.95 a barrel by 0127 GMT while U.S. West Texas Intermediate crude was at $80.59 a barrel, down 23 cents, or.

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Commodities News

Oil prices fall to over 3-month low on signs of higher supply

Brent crude futures dropped 25 cents to $81.36 a barrel by 0001 GMT, while U.S. crude futures fell 35 cents to $77.02 a barrel. Oil prices fell on Wednesday to.

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Commodities News

Exclusive-China makes largest US soy purchases in months -traders

By Karl Plume CHICAGO (Reuters) – China booked its largest single-day U.S. soybean purchases in at least three months on Tuesday, traders said, offering a glimmer of hope for the.

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Commodities News

India calls on OPEC to continue to keep stability in oil market

The meeting further discussed key issues concerning energy markets emphasizing on ensuring availability, affordability, and sustainability with India’s role in growing economic growth and oil demand.  India called upon the.

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Commodities News

Oil set for third weekly decline as Middle East conflict concerns ebb

Brent crude futures for January were flat at $80.01 a barrel at 0157 GMT, while the U.S. West Texas Intermediate (WTI) crude futures for December were at $75.67, down 7.

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Commodities News

Can gold yield Diwali delights for investors?

During last Diwali, gold started rallying on back of expectation that Fed would start cutting rates. Gold investors are happy this Diwali as gold has given approximately a return of.

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Commodities News

Oil minister hints against hike in fuel prices

“OMCs have capacity to absorb high crude costs” State-run oil marketing companies (OMCs) have the capacity to absorb the global crude price shocks as they have made large profits (in.

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Commodities News

Retail onion price up 57 pc; Centre steps up buffer onion sale to provide relief to consumers

According to the ministry, onion is being offloaded from the buffer stock in both wholesale and retail markets in states where there is a sharp rise in prices As all-India.

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Commodities News

Govt hikes allocation of wheat under open market sale scheme

As per the new bidding norms, the maximum quantity a bidder can purchase under OMSS weekly e-auction has been increased to 200 tonnes from 100 tonnes. The government has decided.

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Commodities News

Oil falls for second week as Mideast worries ease, China demand seems fragile

Brent crude futures rose 29 cents, or 0.3%, to $87.14 a barrel by 0505 GMT, while U.S. West Texas Intermediate crude futures gained 36 cents, or 0.4%, to $82.82 a.

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