Thu, May 09, 2024
How are bullion, agricultural commodities, and industrial metals faring today? We bring you the latest updates from the world of commodities.
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Tue, May 07, 2024
On the Multi Commodity Exchange, crude oil for May delivery traded higher Rs 36 or 0.55 per cent at Rs 6,578 per barrel in 11,393 lots.
Wed, Jul 20, 2022
According to a Reuters report, India has cut a windfall tax on oil producers and refiners and exempted gasoline from an export levy, less than three weeks after it imposed the two charges.
India on Wednesday cut a windfall tax on diesel and aviation fuel exports by Rs 2 per liter, news agency Reuters reported.
Tue, Jul 19, 2022
JM Financial maintained a Buy stance on both ONGC and Oil India with target prices of Rs 210 and 280 per share, respectively, as they are the key beneficiaries of higher crude and gas prices
The oil market may tighten further as the EU’s embargo on Russian oil takes full effect by end-CY22 amidst limited OPEC+ spare capacity, the brokerage said.
How are the cues from the global markets? What is the reason behind the decline in the America market? What is positive and what is negative for the market today? Why is Crude oil soaring again? Why is it important for crude oil to come down quickly? How will Rupee move today? Know from Anil Singhvi.
After a good start on Monday, the US markets slipped and closed. Dow Jones slipped 600 points from the high and closed at the day's low. Crude oil has risen after US President Joe Biden's visit to Saudi Arabia. Brent crude has crossed $106 per barrel. Apple plans to slow hiring and growth in some divisions next year to cope with a possible economic slowdown.
Mon, Jul 18, 2022
The official added that Macron and Sheikh Mohammed are "working on the signing of a bilateral agreement on hydrocarbons and on guarantees for the supply of hydrocarbons" to France.
What is happening in commodities and crude oil? What happened during Joe Biden's visit to Saudi Arabia? How much fall in crude oil will provide relief?️ What are good signs for the market? Know from Anil Singhvi.
Sat, Jul 16, 2022
The comment during US President Joe Biden`s Middle East visit comes at a time when spare capacity at members of the Organization of the Petroleum Exporting Countries (OPEC) is running low.
Fri, Jul 15, 2022
Why so much turmoil in commodities? How is the impact of the strength of dollar index on the commodities? Which level of crude is important for the domestic market? Why stay away from metal stocks now? Know from Anil Singhvi.
What is the connection between crude oil and rupee? What is the main reason for the weakness in the rupee? How much more will the rupee fall? Will crude return to the level of $110? Watch this video to know Anil Singhvi's opinion on rupee and crude.
Thu, Jul 14, 2022
Inflation in the US has reached a high of 41 years with 9.1%. To curb inflation, the US Federal Reserve can aggressively increase rates, which will curb the demand for oil.
Wed, Jul 13, 2022
Crude slips, but crisis persists. Uncertainty over crude supply. Why did crude fall 20% in a month? Know full details from Neha Anand.
Impact of fall in crude oil. Which companies will benefit? Which companies to suffer losses? Know full details from Varun Dubey.
Oil prices fell in early Asian trading on Wednesday as U.S. inventory data showed buildups in crude oil and refined products amid rising fears of a global economic slowdown, as per Reuters report.
Brent crude futures dropped 68 cents, or 0.7%, to $98.81 a barrel at 0002 GMT. While US West Texas Intermediate crude declined 72 cents, or 0.8%, to $95.12, also the lowest in three months.
Crude oil plunges by 7.5%, how does it signal for the market? Why there was a big fall in crude oil? On going below which level will there be further weakness in crude oil? What is the positive reason behind SGX Nifty being in the green mark? Know from Anil Singhvi.
Brent crude futures dropped 68 cents, or 0.7%, to $98.81 a barrel at 0002 GMT. U.S. West Texas Intermediate crude declined 72 cents, or 0.8%, at $95.12, also the lowest in three months.
Tue, Jul 12, 2022
Today MCX crude fell below Rs 7,900. The price of crude oil has declined in the international market. WTI crude slipped below $ 100 a barrel. At the same time, the benchmark Brent crude fell below $ 103 per barrel. Watch Commodities Live with Mrituenjay Kumar Jha.
How is India's inflation rate likely to be? Why is India's position better than other countries? Why did Anil Singhvi say – We should find alternatives to Crude oil and Energy? Know from Anil Singhvi.
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