Commodities

Commodities News

Crude oil prices rally takes a breather ahead of Fed, ECB rate hikes

Brent crude futures dipped 41 cents, or 0.5%, to $80.66 a barrel by 0045 GMT. U.S. West Texas Intermediate crude was at $76.70 a barrel, down 37 cents, or 0.5%..

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Commodities News

Gold Price Today, 24 July: Gold to remain range-bound ahead of US Fed meeting; other central banks also eyed

Gold Rate Today, Gold Price in India on 24 July 2023: On Monday, gold prices fell against higher recovery in the U.S. yields. On Multi Commodity Exchange, Gold August futures.

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Commodities News

Fall in freight to keep Russian oil in demand

The lower freight costs will largely offset the impact of the plunge in discounts, retaining the attractiveness of Russian oil for Indian buyers, they said. Narrowing discounts and concerns over.

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Commodities News

Oil steady as weak Chinese economic data offsets gains from lower oil stocks

Brent futures rose 3 cents to $79.67 a barrel by 0016 GMT, while U.S. West Texas Intermediate (WTI) crude climbed 9 cents to $75.74 a barrel. Prices closed marginally higher.

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Commodities News

Hardening crude dampens prospect of cut in retail fuel prices

“Now, with the oil prices going above $80, it (cutting the retail petrol and diesel prices) has once again gone out of active consideration. In fact, we can bear it.

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Commodities News

Oil prices open lower on dollar strength, profit-taking

Strength in the U.S. dollar index weighed on prices. The dollar bounced on Wednesday after sentiment was boosted by inflation in the United Kingdom falling more than expected in June.

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Commodities News

Fall in freight to keep Russian oil in demand

The lower freight costs will largely offset the impact of the plunge in discounts, retaining the attractiveness of Russian oil for Indian buyers, they said. Narrowing discounts and concerns over.

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Commodities News

Crude oil prices up on China economic support pledge, tighter supply

Brent futures rose 9 cents, or 0.1%, to $79.72 a barrel at 0010 GMT, while U.S. West Texas Intermediate (WTI) crude was steady at $75.75 per barrel. Global oil prices rose on.

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Commodities News

Oil slips after Libya resumes output, China data eyed

Brent crude futures fell 57 cents, or 0.7%, to $79.30 a barrel by 0055 GMT while U.S. West Texas Intermediate crude was at $74.90 a barrel, down 52 cents, or.

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Commodities News

Tur prices rise on low stocks, sluggish sowing

Deficient rainfall in Karnataka & Maharashtra hit sowing; imports may improve supplies next month. Tur dal prices are expected to be at elevated levels in the next couple of months.

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