Commodity

Oil is unsteady following a near-6% drop due to economic concerns 0
- Commodity
- June 20, 2022
Early on Monday, oil prices fell as investors refocused on tight supply, however, the mood remained shaky following a 6% drop the previous day on fears about slowing global economic growth and fuel demand. Brent oil futures were up 20 cents, or 0.2 percent, to $113.32 a barrel at 0105 GMT, after jumping as high
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Despite global supply concerns, oil remains around a two-month high 0
- Commodity
- May 27, 2022
On Friday, oil prices were hovering around a two-month high, with Brent crude on track for its greatest weekly gain in 1-1/2 months, boosted by the potential of an EU ban on Russian oil and the start of the summer driving season in the US. Brent crude futures for July fell 9 cents to $117.31
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Oil prices are rising as demand grows and supply tightens 0
- Commodity
- May 25, 2022
Oil prices surged in early trade on Wednesday, buoyed by limited supplies and the expectation of increased demand as the US summer driving season approaches. By 0020 GMT, Brent crude futures had risen 46 cents, or 0.4 percent, to $114.02 per barrel. WTI crude futures for July delivery in the United States were up 58
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Oil falls, pressured by China lockdowns, reserves release 0
- Commodity
- April 11, 2022
Oil prices slipped $2 a barrel in early Asian trading on Monday, following a second straight weekly decline after world consumers announced plans to release a record volume of crude and oil products from strategic stocks and as China lockdowns continued. Brent crude fell $2.04, or 2%, to $100.74 a barrel at 0139 GMT, while
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Russia offers oil to India at steep discount of $35 a barrel to pre-war price 0
- Commodity
- March 31, 2022
Russia has offered oil to India at a steep discount of $35 barrel on prices before the war as mounting international pressure lowers the appetite for its barrels elsewhere following the invasion of Ukraine, reported Bloomberg. The sanctions-hit nation is offering its flagship Urals grade to India at discounts of as much as $35 a
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Gold Prices Today: Russia-Ukraine war to keep yellow metal volatile, resistance at Rs 52,100-52,750 0
- Commodity
- February 25, 2022
Gold prices rose in the international markets on February 25 steadying after a volatile session as investors reassessed the situation surrounding Russia’s invasion of Ukraine and fresh sanctions against Moscow from the West. At the Multi-Commodity Exchange (MCX), gold contracts fell 1.01 percent to Rs 51,022 for 10 grams at 9.46am and silver was down
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