Thu, Jan 25, 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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Wed, Jan 24, 2024
Sat, Jan 20, 2024
Oil prices settled slightly lower but recorded a weekly gain as Middle East tensions and disruptions to oil output offset concerns about the Chinese and global economies.
Thu, Jun 01, 2023
Market participants now await government data on U.S. crude stocks due later on Thursday. The data was delayed by a day because of a U.S. holiday earlier this week.
Wed, May 31, 2023
Crude oil fell heavily. What are the reasons behind the heavy fall in crude oil prices? Know full details here.
Crude oil declined. WTI slipped below $70. Why is crude oil not a trigger for the market? Is the fall in crude oil positive for the Indian market? Know from Anil Singhvi.
Mon, May 29, 2023
Singapore Exchange (SGX) Nifty futures, an early indicator of the Nifty 50 index, were up 160.5 points or 0.9 per cent at 18,708.5 at the last count ahead of the opening bell on Dalal Street.
U.S. energy firms cut rigs for a fourth week in a row, with oil rigs down by five to 570 last week to their lowest since May 2022, energy services firm Baker Hughes Co (BKR.O) said in its weekly report on Friday.
Sat, May 27, 2023
Brent crude settled 69 cents, or 0.9%, higher at $76.95 a barrel. U.S. West Texas Intermediate closed up 84 cents, or 1.2%, at $72.67 a barrel.
Wed, May 24, 2023
Brent crude futures rose 85 cents, or 1.1%, to settle at $76.84 a barrel, while the U.S. West Texas Intermediate crude (WTI) ended at $72.91 a barrel, up 86 cents, or 1.2%.
Mon, May 22, 2023
Singapore Exchange (SGX) Nifty futures, an early indicator of the Nifty 50 index, were down 24.5 points or 0.1 per cent at 18,213.5 at the last count, having declined as much as 57 points to 18,181 earlier in the day, suggesting a weak start ahead on Dalal Street.
Fri, May 19, 2023
In this week's Commodities Capsule, ZeeBiz's Neha Anand discusses the latest trends in the commodity universe, including bullion, base metals, crude oil and agricultural commodities. Watch this video for a comprehensive overview of the current commodity market trends.
Sat, May 13, 2023
Commodities Capsule: The sentiment in the commodities market this week remain subdued with base metals prices falling over sluggish economic recovery in China and exacerbated by worries over demand outlook. Copper Futures on the London Metal Exchange (LME) hovered around five-month lows with the commodity heading for its biggest weekly drop since November. Ferrous metals, iron ore, steel rebar in China extended weakness to near six-month lows. The bullion market saw drop in gold and silver futures this week. Silver is down 6 percent so far this week, correcting nearly Rs 5,000 in two trading sessions, while Gold prices squandered all its weekly gains, correcting $60 from its record high levels seen this month.
Wed, May 10, 2023
Brent crude settled 43 cents, or 0.6% higher, at $77.44 a barrel, while U.S. West Texas Intermediate (WTI) crude closed up 55 cents, or 0.8%, at $73.71.
Tue, May 09, 2023
Crude oil under pressure after 8% rise in two days. How sustainable is the rise in crude? Will crude bounce or slip ahead? Know the opinion of Brokers on Crude Oil.
Mon, May 08, 2023
Brent crude futures were up 6 cents at $75.36 a barrel at 0022 GMT. U.S. West Texas Intermediate (WTI) crude futures were up 8 cents at $71.42.
Fri, May 05, 2023
In this week's Commodities Capsule, ZeeBiz's Neha Anand discusses the latest trends in the commodity universe, including gold, silver, base metals and crude oil. Watch this video for a comprehensive overview of the current commodity market trends.
Crude oil price news: Oil prices were stable after the European Central Bank (ECB) decided on Thursday to slow interest rate hikes, but were unable to claw back much of this week's more than 9% decline as demand concerns in major consuming countries weighed.
Thu, May 04, 2023
Brent futures settled $2.99 lower, or 4%, to $72.33 a barrel, the global benchmark's lowest close since December 2021. Brent hit a session low of $71.70 a barrel, its lowest since March 20.
Tue, May 02, 2023
Windfall tax cut on petroleum crude oil: The government left the windfall tax on petrol, diesel and aviation turbine fuel at zero. The government revises tax rates fortnightly based on oil price fluctuations.
Mon, May 01, 2023
Brent futures for July delivery were down 55 cents, or 0.7%, at $79.78 a barrel at 0009 GMT, while U.S. West Texas Intermediate (WTI) crude lost 54 cents, also a 0.7% drop, to trade at $76.23.
Sat, Apr 29, 2023
The Dow Jones Industrial Average (.DJI) rose 272 points, or 0.8%, to 34,098.16, the S&P 500 (.SPX) gained 34.13 points, or 0.83%, to 4,169.48 and the Nasdaq Composite (.IXIC) added 84.35 points, or 0.69%, to 12,226.58.
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