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Global Market: Strong signals from global markets, S&P 500 and Nasdaq again made new records

Global Market: Strong signals from global markets, S&P 500 and Nasdaq again made new records

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.

Commodity Capsule: Gold Holds Near Lows as Rate Cut Hopes Fizzle

Commodity Capsule: Gold Holds Near Lows as Rate Cut Hopes Fizzle

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.

Commodity Capsule: Gold Extends Decline, Dips Below $2030

Commodity Capsule: Gold Extends Decline, Dips Below $2030

Wed, Jan 17, 2024

How are bullion, agricultural commodities, and industrial metals faring today? We bring you the latest updates from the world of commodities.

TRENDING NOW

Oil prices pinned near five-month low as supply glut weighs

Oil prices pinned near five-month low as supply glut weighs

Fri, May 05, 2017

"So far OPEC`s strategy to draw down inventories has not worked ... It seems obvious to us that OPEC will need to keep the cuts in place for longer than the next 6 months if their strategy is to have any chance of success," Neil Beveridge, senior oil and gas analyst at AB Bernstein in Hong Kong said in a note to clients on Friday.

Brent crude closes at 2017 low, erases gains since OPEC's cuts

Brent crude closes at 2017 low, erases gains since OPEC's cuts

Wed, May 03, 2017

The market was already trading lower prior to the technical selloff on reports of rising output in the United States, Canada and Libya and declining compliance by members of the Organization of the Petroleum Exporting Countries with the deal to cut output during the first half of this year.

Eight core industries in IIP saw a 5% growth in March

Eight core industries in IIP saw a 5% growth in March

Mon, May 01, 2017

The eight core industries comprise nearly 38% of the weight of items included in the IIP.

Crude oil eases for second day on rising U.S. inventories

Crude oil eases for second day on rising U.S. inventories

Thu, Apr 13, 2017

Crude oil futures slid for a second session on Thursday, moving away from a one-month high touched in the last session as rising U.S. inventories stoked worries about global oversupply.

Oil hits 5-week top on geopolitical tensions, strong demand

Oil hits 5-week top on geopolitical tensions, strong demand

Tue, Apr 11, 2017

Crude oil climbed to a five-week high on Tuesday, with prices underpinned by tensions following a U.S. missile strike on Syria and a shutdown at Libya`s largest oilfield. Additional support also came from expectations of strong demand as the U.S. summer driving season kicks in.

Oil prices fall on record U.S. crude stocks, rising production

Oil prices fall on record U.S. crude stocks, rising production

Thu, Apr 06, 2017

Traders said the falls came on the back of rising U.S. crude production that bolstered inventories to record levels.

Index of Eight Core Industries in February rose at its slowest pace since December 2015

Index of Eight Core Industries in February rose at its slowest pace since December 2015

Fri, Mar 31, 2017

Ministry of Commerce & Industry in a statement on Friday said that India's Index of Eight Core Industries stood at 180.1 in February 2017 rising by 1% as against the same month of last year. The index grew 4.4% between April 2016 to February 2017, data show.

India could join Asian nations in procuring LNG : Oil minister

India could join Asian nations in procuring LNG : Oil minister

Fri, Mar 24, 2017

India does not rule out the possibility of joining China, Japan and Korea to jointly buy liquefied natural gas (LNG) as part of efforts to extract better deals, Oil Minister Dharmendra Pradhan said on Friday. Pradhan said the market was gradually becoming more consumer-centric.

Asia up as Wall Street extends record rise, dollar steady

Asia up as Wall Street extends record rise, dollar steady

Wed, Feb 22, 2017

MSCI`s broadest index of Asia-Pacific shares outside Japan nudged up 0.1%, taking its cues from the world stock index rising to an all-time peak of 446.21 overnight.

India's infrastructure output growth slows to 4.9 % in November : Govt

India's infrastructure output growth slows to 4.9 % in November : Govt

Mon, Jan 02, 2017

India`s annual infrastructure output growth slowed to 4.9 % in November compared with 6.6 % in the previous month as crude oil and natural gas production declined, government data showed on Monday.

Oil prices fall on surprise build in U.S. crude stocks

Oil prices fall on surprise build in U.S. crude stocks

Thu, Dec 29, 2016

U.S. oil prices fell on Thursday following a surprise build in the country`s crude stocks shown in data published by the American Petroleum Institute (API) late on Wednesday.

Petrol price hiked by Rs 2.21, diesel by Rs 1.79

Petrol price hiked by Rs 2.21, diesel by Rs 1.79

Thu, Dec 15, 2016

State-owned Indian Oil Corporation Ltd (IOCL) on Friday evening raised prices of petrol by Rs 2.21 and diesel by Rs 1.70 per litre.

A dollar increase in crude oil price raises India’s import bill by $500 million

A dollar increase in crude oil price raises India’s import bill by $500 million

Fri, Dec 02, 2016

Speculating a further increase in global crude oil prices, analysts said that every dollar increase in the price of crude oil will make India’s import bill rise by nearly half a billion dollars ($500 million).

OPEC reduces crude production, prices surge

OPEC reduces crude production, prices surge

Thu, Dec 01, 2016

The Organization of the Petroleum Exporting Countries (OPEC) agreed on Wednesday to reduce their production of crude oil to 32.5 million barrels per day, which lead to a surge in oil pricing, media reports said.

Output index of eight core industries rose by 6.6% in October

Output index of eight core industries rose by 6.6% in October

Wed, Nov 30, 2016

The eight core industries comprise nearly 38% of the weight of items included in the index of industrial production (IIP).

WATCH: Top 5 stories of this morning; From GST Council to conduct meeting on GST rates to petrol dealer association to hold protest today

WATCH: Top 5 stories of this morning; From GST Council to conduct meeting on GST rates to petrol dealer association to hold protest today

Thu, Nov 03, 2016

Zee Business brings you the most important stories of the day that will help you shape your market strategies and keep you informed with the latest developments. Top five stories of this morning: 1. SGX Nifty slides amid continuous weak cues

Delhi High Court dismisses Cairn India plea on crude export

Delhi High Court dismisses Cairn India plea on crude export

Tue, Oct 18, 2016

Oil and Gas Company Cairn India’s plea to export crude oil from its Barmer oil field in Rajasthan was rejected from Delhi High court on Tuesday. The court said that Cairn can invoke dispute resolution mechanism.

Oil prices fall on rise in U.S. drilling, strong dollar

Oil prices fall on rise in U.S. drilling, strong dollar

Mon, Oct 17, 2016

Oil prices fell early on Monday, pulled down by a rising rig count in the United States, a strong dollar and record OPEC-output which comes amid slowing global economic growth that could erode fuel demand.

Crude oil edges up before producer talks on output curbs

Crude oil edges up before producer talks on output curbs

Wed, Oct 12, 2016

Crude futures inched up on Wednesday, with investors waiting for talks between OPEC producers and other oil exporters on curbing output to end a glut in the global market.

Oil prices dip but stay near 1-year highs on expected output cut

Oil prices dip but stay near 1-year highs on expected output cut

Tue, Oct 11, 2016

Oil prices jumped as much as 3 percent on Monday, with Brent hitting a one-year peak, after Russia and Saudi Arabia both said a deal between the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC members like Russia in curbing crude output was possible.

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