Commodities

Cites sharp fall in global prices & robust domestic oilseed production The food ministry has asked retailers of edible oil to reduce prices, citing the sharp fall in global prices of palm,.

Both benchmarks closed at their lowest since March 24 in the previous session, when they also recorded their biggest one-day percentage declines since early January. Oil prices extended losses on Wednesday,.

The plant, which will be built at Indian Oil’s Panipat refinery north of New Delhi and utilize alcohol-to-jet technology developed by LanzaJet, is likely to be the nation’s first SAF.

The windfall gains tax on domestically produced crude oil has been slashed to the tune of Rs 4,100 per tonne Tuesday onwards. The center revised the windfall tax on domestically.

Brent crude fell by 2 cents to $79.29 a barrel by 0021 GMT, while U.S. West Texas Intermediate (WTI) crude fell 2 cents to $75.64. Both benchmarks fell by more.

China’s manufacturing activity unexpectedly contracted in April, data released Sunday showed, in a sign the nation’s economy may be struggling to regain momentum even as consumers splurged at the start.

Brent futures for July delivery were down 55 cents, or 0.7%, at $79.78 a barrel at 0009 GMT, while U.S. West Texas Intermediate (WTI) crude lost 54 cents, also a.

Open market sale to be allowed, revenue-sharing for abandoned mines/ By Manish Gupta In an effort to promote environment-friendly underground coal mining, which still accounts for less than 5% of.

Avoid and exit all long positions below Rs 6000/bbl, as the trend for crude oil prices still remains bearish. By Bhavik Patel Crude oil prices are near to those levels.

Gold Rate Today, Gold Price in India on 28 April: Gold prices were little changed on Friday, but were headed for a small weekly gain due to a weaker dollar.