You are here:HomeCommodities

Commodities

  • Oil Will Average Less in 2015 than During Financial Crisis: Poll

    Oil Price Average Less in 2015 than During Financial Crisis: Poll

    The survey of 33 economists and analysts forecast North Sea Brent crude would average $58.30 a barrel in 2015, down $15.70 from last month's poll, in the biggest month-on-month forecast revision since prices last collapsed in 2008-2009.

  • Gold Extends Weakness, Down Rs 200

    Gold Extends Weakness, Down Rs 200

    Bullion traders said apart from sluggish demand from jewellers at domestic markets at prevailing levels, a weak trend in global market where gold fell the most in 13 months as signs of a robust US labour market cut demand for safe-haven, mainly pulled down the precious metal prices.

  • Price Performance of Commodities StocksOther Stories
  • Oil Holds Above $48 After US Stocks Hit Record High

    Oil Holds Above $48 After US Stocks Hit Record High

    Brent crude oil futures held above $48 per barrel on Thursday as investor inflows offset data showing that US crude stocks had hit a record high.

  • ONGC Says Drop in Crude Oil Production Arrested

    ONGC Says Drop in Crude Oil Production Arrested

    State-owned Oil and Natural Gas Corp (ONGC) has arrested the decline in its crude oil output and will for the first time in several years end the fiscal year with stable production, chairman Dinesh K Sarraf said.

  • Oil Near Six-year Lows After US Stockpiles Hit Record High

    Oil Near Six-year Lows After US Stockpiles Hit Record High

    The US Energy Information Administration (EIA) said domestic crude oil stocks rose by almost 9 million barrels last week to reach nearly 407 million, the highest level since the government began keeping records in 1982.

  • Gold, Silver Drop on Low Demand, Global Cues

    Gold, Silver Drop on Low Demand, Global Cues

    Traders said apart from fall in demand from jewellers and retailers at domestic markets, a weak global trend as strengthening dollar reduced appeal for the precious metals, mainly influenced the sentiment.

  • Gold Retreats as Fed's Upbeat Outlook Boosts Dollar

    Gold Retreats as Fed's Upbeat Outlook Boosts Dollar

    The prospect of an increase in US rates makes non-interest-bearing assets such as gold less attractive and that helped pull bullion further away from a five-month peak reached last week.

  • Oil Prices Rise, Gains Capped on Supply Glut Concerns

    Oil Prices Rise, Gains Capped on Supply Glut Concerns

    Oil prices edged higher Thursday but gains were capped amid fresh worries about the global supply glut as US crude reserves soared to a record high, analysts said.

  • Private Refiners Compete With PSUs to Sell Diesel to Railways

    Private Refiners Compete With PSUs to Sell Diesel to Railways

    Private refiners Reliance Industries Ltd and Essar Oil Ltd are competing with state refiners to sell diesel to Indian Railways, sources at the state refiners said, after the government's control over diesel pricing ended last year.

  • Barclays, Goldman Forecast Bearish First Half for Oil Prices

    Barclays, Goldman Forecast Bearish First Half for Oil Prices

    Barclays Plc and Goldman Sachs Group Inc issued even more bearish forecasts for oil prices on Wednesday, predicting no significant recovery in the first half of 2015.

  • Oil Slips to $49 as US Crude Inventories Hit Record

    Oil Slips to $49 as US Crude Inventories Hit Record

    Oil prices slipped to $49 per barrel on Wednesday after US crude stocks soared to the highest on record last week, and as a firmer dollar weighed on prices.

  • Gold Rises by Rs 120 on Seasonal Demand

    Gold Rises by Rs 120 on Seasonal Demand

    Snapping its two-day losing streak, gold prices on Wednesday rebounded by Rs 120 to Rs 28,420 per 10 grams at the bullion market here on revival of buying by jewellers to meet ongoing wedding season demand even as metal retreated overseas.

  • Gold Holds Above $1,290 Ahead of Fed Decision

    Gold Holds Above $1,290 Ahead of Fed Decision

    The Federal Open Market Committee is scheduled to release a statement at the end of its two-day policy meeting later on Wednesday and a dovish bias could support a non-interest bearing asset such as gold.

  • Oil Prices Down Ahead of Fed Meet, Supply Report

    Oil Prices Down Ahead of Fed Meet, Supply Report

    The Fed is expected to release a post-meeting statement later Wednesday following the first gathering this year of its policy-making Federal Open Market Committee.

  • Government Selling Cotton to Cut Back Large Stockpiles

    Government Selling Cotton to Cut Back Large Stockpiles

    The government on Tuesday kicked off a sale of its cotton stockpiles, putting a first tranche of 5,100 bales up for auction.

  • Gold Declines by Rs 100 on Low Demand, Global Cues

    Gold Declines by Rs 100 on Low Demand, Global Cues

    Gold prices fell by Rs 100 to Rs 28,300 per 10 grams at the bullion market on Tuesday amid weak trend overseas and slowdown in buying by jewellers at prevailing levels.

  • Gold Slips for Third Day on Stronger Equities

    Gold Slips for Third Day on Stronger Equities

    Russia raised its gold reserves for a ninth straight month in December as the country continued to add to the fifth-biggest gold holdings in the world, data from the International Monetary Fund showed on Tuesday. Netherlands and Kazakhstan also added to reserves.

  • OPEC's Badri Expects Some Oil Price Rebound Soon

    OPEC's Badri Expects Some Oil Price Rebound Soon

    Mr Badri warned that any OPEC oil supply cut would lead to spare capacity, a lack of investment and an eventual shortage and price spike.

  • Oil Prices Slip After Smooth Saudi Transition

    Oil Prices Slip After Smooth Saudi Transition

    Oil prices slipped on Monday after Saudi Arabia's new King Salman moved to assuage fears of an unstable transition and any policy change in the world's largest oil exporter.

  • Oil Prices Turn Positive as OPEC Calls Bottom to Market

    Oil Prices Turn Positive as OPEC Calls Bottom to Market

    Oil prices turned positive on Monday, erasing early losses after the Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC) producer group said he expected the market to bottom out around current levels.

Social Sharing

Advertisement

Advertisement

Portfolio

Advertisement

Market Data provided by © Accord Fintech.
© Copyright NDTV Convergence Limited 2015. All rights reserved.