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Commodity Capsule: Oil prices set for 4th weekly fall as demand concerns weigh

Commodity Capsule: Oil prices set for 4th weekly fall as demand concerns weigh

Fri, Aug 02, 2024

Oil prices set for 4th weekly fall as demand concerns weigh

Commodities Update: Crude oil futures decline on low demand

Commodities Update: Crude oil futures decline on low demand

Fri, May 24, 2024

On the Multi Commodity Exchange, crude oil for June delivery fell Rs 13 or 0.2 per cent to Rs 6,384 per barrel with a business volume of 8,688 lots.

Commodity Capsule: Gold prices pared early gains on Tuesday, due to slight recovery in dollar index

Commodity Capsule: Gold prices pared early gains on Tuesday, due to slight recovery in dollar index

Tue, Mar 26, 2024

Gold prices hit a record high last week after Fed policymakers indicated they still expected to reduce interest by75 bps by 2024 end despite recent high inflation readings.

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Crude oil price falls more than 5% amid mounting recession concern, China Covid cases: Anil Singhvi sheds light

Crude oil price falls more than 5% amid mounting recession concern, China Covid cases: Anil Singhvi sheds light

Thu, Jan 05, 2023

Crude Oil Price: Singhvi said that the Organisation of the Petroleum Exporting Countries (OPEC) had tried controlling the supply to hike Crude Oil prices but that did not work. He said that the price did not cross $100 barrel.

Gold Price Today: Gold above Rs 55,000 on MCX - Check rates in Delhi, Mumbai and other cities

Gold Price Today: Gold above Rs 55,000 on MCX - Check rates in Delhi, Mumbai and other cities

Mon, Jan 02, 2023

Gold price today: Silver on the other hand, was near the Rs 70,000 per kg on the MCX .

Vladimir Putin bans Russian oil exports to countries that implement price cap

Vladimir Putin bans Russian oil exports to countries that implement price cap

Wed, Dec 28, 2022

President Vladimir Putin on Tuesday delivered Russia's long-awaited response to a Western price cap, signing a decree that bans the supply of crude oil and oil products from Feb. 1 for five months to nations that abide by the cap.

Oil prices fall on worries of recession, another Fed rate hike: Brent below $90 for first time since October - What it means for India?

Oil prices fall on worries of recession, another Fed rate hike: Brent below $90 for first time since October - What it means for India?

Fri, Nov 18, 2022

This is for the first time since October when Brent broke below $90 per barrel. New York-traded West Texas Intermediate (WTI) crude slid $3.95, 0r 4.6 per cent, to settle at $81.64 per barrel.

Oil prices at seven-month low but no change in petrol, diesel prices in India

Oil prices at seven-month low but no change in petrol, diesel prices in India

Mon, Sep 12, 2022

International benchmark Brent crude fell below USD 90 per barrel last week for the first time since early February as recession fears weigh on demand. It has since recovered and is trading at USD 92.84 per barrel, the lowest in six months.

Govt hikes windfall profit tax on export of diesel, jet fuel; raises tax on domestic crude oil

Govt hikes windfall profit tax on export of diesel, jet fuel; raises tax on domestic crude oil

Thu, Sep 01, 2022

Fuel (ATF) exports too has been hiked to Rs 9 from Rs 2 per litre with effect from September 1, according to a finance ministry notification issued late Wednesday night.

Oil slides further, falls below $95 per barrel amid recession fears

Oil slides further, falls below $95 per barrel amid recession fears

Mon, Aug 08, 2022

Brent crude futures dropped 74 cents, or 0.8%, to $94.18 a barrel by 0039 GMT.

Oil prices end week on multi-month lows on recession fears

Oil prices end week on multi-month lows on recession fears

Sat, Aug 06, 2022

Oil traders this week have fretted about inflation, economic growth and demand, but signs of tight supply kept a floor under prices.

Why is crude oil price falling? Brent hits lowest since start of Russia-Ukraine war

Why is crude oil price falling? Brent hits lowest since start of Russia-Ukraine war

Fri, Aug 05, 2022

In another warning sign for the global economy, the closely watched part of the U.S. Treasury yield curve measuring the gap between yields on two- and 10-year Treasury notes reached 39.2 basis points overnight, the deepest inversion since 2000.

Rupee vs Dollar: INR at fresh low, breaches 80-mark per $ for first time

Rupee vs Dollar: INR at fresh low, breaches 80-mark per $ for first time

Tue, Jul 19, 2022

The rupee depreciated 7 paise to an all-time low of 80.05 against the US dollar in early trade on Tuesday.

Oil dips as investors torn by tight supply worries and recession fears

Oil dips as investors torn by tight supply worries and recession fears

Fri, Jul 08, 2022

Oil prices slipped in early Asian trade on Friday, following a rebound in the previous session, as investors remained torn between worries over tight global supplies and fears a recession could dampen oil demand.

Oil prices extend drop as recession fears cloud global demand outlook

Oil prices extend drop as recession fears cloud global demand outlook

Thu, Jul 07, 2022

Oil prices slipped in early Asian trade on Thursday, after hitting a nearly three-month low during the previous session, as fears of a potential global recession spurred concerns about oil demand.

Oil prices bounce back from Tuesday tumble as supply concerns return

Oil prices bounce back from Tuesday tumble as supply concerns return

Wed, Jul 06, 2022

Oil prices rose as much as nearly 3% on Wednesday before paring some gains as investors piled back into the market after a heavy rout in the previous session, with supply concerns returning to the fore even as worries about a global recession linger.

Rupee settles flat at 78.94 against US dollar

Rupee settles flat at 78.94 against US dollar

Mon, Jul 04, 2022

The rupee paired its early losses and settled on a flat note at 78.94 (provisional) against the US dollar on Monday. At the interbank forex market, the local unit opened at 78.97 against the greenback and fell to an intra-day low of 79.06. It finally settled at 78.94, unchanged from its previous close.

Rupee VS Dollar: Rupee gains 12 paise to close at 78.94 against US dollar

Rupee VS Dollar: Rupee gains 12 paise to close at 78.94 against US dollar

Fri, Jul 01, 2022

The rupee rebounded from its all-time low to close 12 paise higher at 78.94 (provisional) against the US dollar on Friday.

Rupee gains 5 paise to close at 78.98 against US dollar

Rupee gains 5 paise to close at 78.98 against US dollar

Thu, Jun 30, 2022

The rupee rebounded from its all-time low to close 5 paise higher at 78.98 (provisional) against the US dollar on Thursday.

Oil prices rise for fourth day on supply worries

Oil prices rise for fourth day on supply worries

Wed, Jun 29, 2022

OPEC and OPEC+, which includes allies such as Russia, began a series of two-day meetings on Wednesday with sources saying chances of a big policy change look unlikely this month.

Rupee gains 6 paise against dollar in early trade

Rupee gains 6 paise against dollar in early trade

Mon, Jun 27, 2022

The rupee appreciated 6 paisa to 78.27 against the US dollar in opening trade on Monday as heavy buying in domestic equities and weakness in the greenback strengthened investor sentiment.

Oil prices on track for near 4% weekly decline on demand concerns

Oil prices on track for near 4% weekly decline on demand concerns

Fri, Apr 22, 2022

Oil prices fell on Friday, heading for a drop of nearly 4% for the week, burdened by the prospect of rate hikes, weaker global growth and COVID-19 lockdowns in China hurting demand, even as the European Union weighed a ban on Russian oil.

Oil firms as investors focus on supply drop from Russia, Libya

Oil firms as investors focus on supply drop from Russia, Libya

Thu, Apr 21, 2022

Oil prices rose on Thursday as concerns about supply due to a potential European Union (EU) ban on Russian oil came to the fore, days after diminished supplies from Libya rocked the market.

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