Thu, Jul 04, 2024
Strong signals from global markets. New records again in US amid mixed business. S&P 500 and Nasdaq again made new records. The Dow slipped 25 points amid narrow range trading. Tesla rallies for the third day, jumped 6.5% yesterday. Tesla shares up 25% in 3 days. Action in the market also due to 4.5% jump in NVIDIA. Crude oil strong, Brent crude crosses $87.
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Thu, Jan 18, 2024
How are bullion, agricultural commodities, and industrial metals faring today? We bring you the latest updates from the world of commodities.
Wed, Jan 17, 2024
Thu, Mar 01, 2018
Petrol prices on Thursday stood at Rs 71.57 per litre in New Delhi, Rs 74.32 per litre in Kolkata, Rs 79.45 per litre in Mumbai and Rs 74.21 per litre in Chennai.
Wed, Feb 28, 2018
Petrol on February 28 stood at Rs 71.51 per litre in New Delhi, Rs 74.26 per litre in Kolkata, Rs 79.39 per litre in Mumbai and Rs 74.14 per litre in Chennai.
Mon, Feb 26, 2018
US energy companies last week added one oil rig, the fifth weekly increase in a row, bringing the total count up to 799, the highest level since April 2015, Baker Hughes energy services firm said on Friday.
Thu, Feb 15, 2018
The main impact of OPEC withholding supplies has been to change the structure of the oil price curve.
Wed, Feb 14, 2018
The Saudi energy ministry said on Wednesday that Saudi Aramco`s crude output in March will be 100,000 barrels per day (bpd) below its February level while exports would be kept below 7 million bpd.
Fri, Feb 09, 2018
Bit by bit, the US petroleum industry is turning world oil markets inside out.
Thu, Feb 08, 2018
In fact, the OPEC-led restraint was arguably the biggest enabler for America`s production boom, handing over market share at higher oil prices.
Mon, Feb 05, 2018
Brent crude futures were down 70 cents at $67.88 a barrel by 1435 GMT, while US West Texas Intermediate crude fell 42 cents to $65.03
Wed, Jan 31, 2018
Output growth recorded in December is the lowest since July 2017, when these core sectors had witnessed a 2.9% expansion
Tue, Jan 30, 2018
European stock markets were firmly in negative territory after a recovering dollar and a drop in shares of Apple sent Wall Street to its largest one-day fall in five months the previous day.
Thu, Jan 25, 2018
The Organization of the Petroleum Exporting Countries and allies including Russia began to curb supplies in 2017.
The oil and gas industry has sought infrastructure status for the exploration and production sector as also lowering of taxes on locally produced oil to boost domestic output and cut import dependence.
Oil prices on Thursday hit their highest since December, 2014, pushed up after U.S. crude inventories posted a 10th straight week of declines and as the dollar continued to weaken.
Wed, Jan 24, 2018
Oil prices fell on Wednesday, weighed down by data that showed an increase in US crude oil and gasoline inventories. Brent crude oil futures were at $69.83 a barrel at 0444 GMT, down 13 cents from their last close.
Fri, Jan 12, 2018
Oil prices have risen above $70 per barrel for the first time since 2014 as investors bet supply cuts led by OPEC will dominate the market this year.
Oil prices eased on Friday after hitting their highest levels since December, 2014 the previous day.
Wed, Jan 03, 2018
Brent crude futures were at $66.74 a barrel, up 17 cents, still trailing yesterday`s high of $67.29
Mon, Jan 01, 2018
The data said the eight core industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP).
Thu, Dec 28, 2017
The government is contemplating a `Methanol Economy Fund` to promote indigenously-produced methanol that could substitute 10 per cent of India`s crude oil imports by 2030, thereby reducing its fuel bill by around 30 per cent, Road Transport and Highways Minister Nitin Gadkari said on Thursday.
Tue, Dec 26, 2017
U.S. West Texas Intermediate (WTI) crude futures were at $58.50 a barrel at 0141 GMT, up 3 cents from their last settlement.
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