Commodities

Commodities News

Not stopped from buying Russian oil above $60 cap: Govt

Russian oil import shot up after the outbreak of conflict in Ukraine in February 2022. By Manish Gupta No one stops India from buying Russian oil at above the $60.

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Record gold prices in India slow buying in second-biggest market

Global gold prices have surged this year as turmoil in the banking industry spurred demand for a haven, helping send futures in India to a record in April. Gold prices.

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Tata Steel begins hydrogen gas injection trial in blast furnace

The company commenced the trial injection at the plant in the eastern city of Jamshedpur, using 40% of the injection systems on Sunday, Tata Steel said in a statement. Indian.

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Gold Price Today, 24 April: Gold unable to hold support around $2,000/oz; market pricing in 25 bps rate hike

Gold Rate Today, Gold Price in India on 24 April: Gold and silver prices settled lower on Friday as hawkish remarks by U.S. Federal Reserve officials during the week bolstered.

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Crude oil prices extend losses on fears of recession and slower oil demand

Oil prices eased on Friday, extending losses from the two previous days and heading for a weekly decline, as softening U.S. economic data and a rise in U.S. gasoline inventories raised.

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Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad:

Petrol and diesel prices were constant on Friday, 21 April across major cities including New Delhi, Kolkata, Mumbai, and Bengaluru. However, petrol has become cheaper by 27 paise to Rs.

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MCX gold glitters in turmoil, will the rally continue?

In India, gold prices rallied by more than 6% in 2023, out of which it gained more than 5% last week. By Deveya Gaglani Gold prices were under selling pressure.

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Where is gold headed after this Akshaya Tritiya: Will demand support yellow metal prices?

As gold prices soar, instead of going for a full-fledged purchase, some experts suggested that it would be a more viable option to purchase a token amount this Akshaya Tritiya..

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Crude oil prices fall as strengthening dollar prompts weak demand concern

Oil prices fell on Thursday as muted U.S. economic data and expectations of interest rate hikes pushed up the U.S. dollar, prompting fear of a stronger dollar hurting global oil demand.

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Sugar production seen to fall by 9%

Exports of sweetener capped at 6 MT The country’s sugar production in the 2022-23 season (Oct-Sept) could decline by 9% to 32.5 million tonne (MT) from the previous year’s output of 35.9.

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