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Commodity Capsule: Oil Prices Climb as US Crude Stockpiles Drop

Commodity Capsule: Oil Prices Climb as US Crude Stockpiles Drop

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.

Commodity Capsule: Oil Prices Slip as Demand Concerns, Dollar Strength Offset Geopolitical Tensions

Commodity Capsule: Oil Prices Slip as Demand Concerns, Dollar Strength Offset Geopolitical Tensions

Wed, Jan 24, 2024

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

Major Gulf markets mixed on muted oil prices, regional tensions

Major Gulf markets mixed on muted oil prices, regional tensions

Tue, Jan 23, 2024

The United Arab Emirates president has issued a law establishing an artificial intelligence and advanced technology council, the Abu Dhabi Media Office said on Monday.

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Commodity Capsule: Gold prices flat as Powell's hawkish speech underscores rate hike risks

Commodity Capsule: Gold prices flat as Powell's hawkish speech underscores rate hike risks

Mon, Aug 28, 2023

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

Occidental buys carbon air capture tech firm for $1.1 billion

Occidental buys carbon air capture tech firm for $1.1 billion

Wed, Aug 16, 2023

The DAC technology is in the early stages of commercialization and will require multibillion-dollar investments to prove it can work economically and generate profits.

Commodity Special: When will we get freedom from edible oil import?

Commodity Special: When will we get freedom from edible oil import?

Mon, Aug 14, 2023

Edible Oil Imports: Despite diverse agro-climatic conditions, abundant land and large proportion of population dependent on agriculture, why does India have to import edible oils? What is the burden on the exchequer of the government due to the import of edible oils? What can we do to promote domestic production of edible oils?

Oil palm mission: Mega plantation drive involving eleven states concludes

Oil palm mission: Mega plantation drive involving eleven states concludes

Sun, Aug 13, 2023

A large part of it is palm oil and its derivatives, which are imported from Indonesia and Malaysia. India majorly consumes mustard, palm, soybean, and sunflower-derived edible oils.

Commodity Live: Slow business in gold and silver, sharp decline in crude and metals!

Commodity Live: Slow business in gold and silver, sharp decline in crude and metals!

Tue, Aug 08, 2023

Commodities: There is a rise in the price of crude oil in the international market. The rate of Brent crude oil today (Tuesday), on August 8, 2023, is above $ 85 per barrel, while the price of gold is above Rs 59,000 per 10 grams. At the same time, the price of silver is more than Rs 71 thousand per kg.

Commodity Live: Pressure in crude oil, Brent below $83

Commodity Live: Pressure in crude oil, Brent below $83

Fri, Jul 28, 2023

Commodity Live: In today's commodity live, gold is above ₹ 59,100 while silver is below ₹ 73,750. There is pressure on oil in today's market. Brent crude is near $83, while the agri market has seen tremendous growth.

Commodity Capsule: Oil prices rise on China stimulus, tighter supply

Commodity Capsule: Oil prices rise on China stimulus, tighter supply

Fri, Jul 21, 2023

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

Commodity Capsule: Oil prices steady amid mixed signals, Dollar recovery

Commodity Capsule: Oil prices steady amid mixed signals, Dollar recovery

Thu, Jul 20, 2023

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

Petroleum and petrochemical sector playing pivotal role in India's economic progress: Union minister

Petroleum and petrochemical sector playing pivotal role in India's economic progress: Union minister

Thu, Jul 13, 2023

Refinery is going to increase its capacity which would reduce the country's import in terms of energy consumption, thereby saving foreign exchange, the statement said.

5 most searched oil & gas stocks in India

5 most searched oil & gas stocks in India

Fri, Jul 07, 2023

India is among the biggest importers of oil and it imports nearly 85% of its oil requirement. Hence, the Indian economy is vulnerable to changes in oil prices. Even gas prices are subject to changes in prices in international markets.

US crude oil exports to gain tail winds from Saudi July output cut

US crude oil exports to gain tail winds from Saudi July output cut

Wed, Jul 05, 2023

U.S. oil exports touched a record 4.5 million bpd in March with China's growing oil purchases and competitive U.S. pricing lifting demand.

Oil falls after large surprise build in US crude stocks

Oil falls after large surprise build in US crude stocks

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.

Oil prices slide on Fed rate hike expectations, weaker China manufacturing data

Oil prices slide on Fed rate hike expectations, weaker China manufacturing data

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.

Q4 Results: Oil & Gas Sector Performance In Q4? GAIL | BPCL

Q4 Results: Oil & Gas Sector Performance In Q4? GAIL | BPCL

Tue, Apr 11, 2023

What are the expectations from the oil-gas sector in Q4? How will be the performance of the oil-gas sector? How will the Q4 results be for the oil-gas sector? Know complete details from Varun Dubey.

Know how Russia will benefit from OPEC's fresh oil production cuts

Know how Russia will benefit from OPEC's fresh oil production cuts

Wed, Apr 05, 2023

Several OPEC+ members have decided to voluntarily cut their oil production by more than a million barrels per day. Russia has also extended a cut of 500,000 barrels per day. But despite of the fresh oil cuts, Russia is going to benefit greatly from it.

ONGC, OIL, among stocks are in focus after OPEC+, Saudi Arabia announces surprise oil output cut

ONGC, OIL, among stocks are in focus after OPEC+, Saudi Arabia announces surprise oil output cut

Mon, Apr 03, 2023

Shares of upstream firms such as ONGC,OIL,MRPL, and Chennai Petroleum Corporation gained nearly 4% on NSE, after the OPEC+, Saudi Arabia announced a surprise oil output cut on April 2

Explained: Factors shaping Saudi Arabia and OPEC+'s decision to cut crude oil output?

Explained: Factors shaping Saudi Arabia and OPEC+'s decision to cut crude oil output?

Mon, Apr 03, 2023

Not just Saudis, Russian Deputy Prime Minister Alexander Novak also announced the country's decision to reduce oil production by half a million barrels per day until the end of the year.

Meteoric rise: India's imports from Russia jumped about five times during this period

Meteoric rise: India's imports from Russia jumped about five times during this period

Wed, Mar 15, 2023

The commerce ministry says that a sharp spike in imports from Russia is due to increased inbound shipments of crude oil

ONGC, OIL, MRPL surge as government slashes Windfall Tax rates

ONGC, OIL, MRPL surge as government slashes Windfall Tax rates

Mon, Mar 06, 2023

Most energy stocks were in the green during the March 6 trading session and saw a surge up to 4% after the government slashed windfall tax on export of diesel.

Renewable energy sector to boom with likely investments of over USD 25 billion in 2023

Renewable energy sector to boom with likely investments of over USD 25 billion in 2023

Thu, Dec 22, 2022

India would have to add at least 25GW of renewable energy capacity per annum for eight years continuously to achieve the 500 GW target by 2030.

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