Commodities

Commodities News

India diesel exports to Singapore set for highs in Aug, drop for Europe

India is on track to ship between 330,000 and 439,000 tons of diesel in August to Singapore, shiptracking data from Refinitiv, Vortexa and Kpler showed. India’s diesel exports to Singapore.

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Oil ticks up as markets weigh rate hikes, China gloom

By Yuka Obayashi and Andrew Hayley BEIJING (Reuters) -Oil prices ticked up in Asian trade on Wednesday, as traders weighed weak demand indicators from top importer China and the prospect.

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Shippers bet on green methanol to cut emissions, supply lags

By Jeslyn Lerh and Jacob Gronholt-Pedersen SINGAPORE/COPENHAGEN (Reuters) -Container shippers are ordering vessels powered by methanol to reduce greenhouse gas emissions, but it will take years for renewable methanol output.

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Exclusive-Insurers raise premiums for Black Sea tankers as tensions mount – traders

MOSCOW (Reuters) – Insurance companies have notified charterers of ships operating in Russia’s Black Sea ports of an increase in additional payments known as “war risk premiums”, four traders said..

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India’s July Russian oil imports dip; Saudi import down to 2-1/2-yr low: trade

Both China and India, the world’s biggest and third-biggest oil importers, cut imports from Russia and Saudi Arabia in July after prices rose and as the two oil producers reduced.

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Crude oil futures gain on spot demand

On the Multi Commodity Exchange, crude oil for September delivery traded higher by Rs 36 or 0.54 per cent at Rs 6,762 per barrel in 4,027 lots. Crude oil prices.

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Onion traders protest export duty, shut Nasik market

They feel the centre’s move to impose export duty on onions till December 31, 2023 will adversely hit prices. Traders on Monday closed onion auctions indefinitely in all the Agriculture.

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Gold drops for the fourth week amid a strong dollar; Fed Chair Powell’s speech eyed

Gold prices are impacted by a strong dollar and potential interest rate hikes hinted in the Fed’s July meeting minutes due to inflation concerns. Additionally, the US labor market tightness.

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Oil prices flat as rates anxiety, China gloom offset tighter supply

Brent crude dipped 8 cents to $84.72 a barrel by 0033 GMT while U.S. West Texas Intermediate crude was at $81.28 a barrel, up 3 cents. Oil prices were steady on.

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Crude oil ends lower after seven weeks of positive undertone; might see further technical corrections

The US oil benchmark is down nearly 4% so far last week, snapping seven straight weeks of gains. Investors have increased their bullish bets, with net-longs reaching annual highs. By.

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