Commodity

Petrol, diesel futures trading to start soon on ex..

Market regulator Securities and Exchange Board of India (SEBI) may soon allow futures trading in auto fuels petrol and fiscal giving an opportunity to bulk consumers of t..

Fuel prices again on longer pause, unchanged for f..

Auto fuel prices have again gone for a longer pause with oil marketing companies keeping the pump prices of petrol and diesel unchanged for the fourth consecutive day on ..

Oil rises as International Energy Agency boosts de..

By Devika Krishna Kumar NEW YORK - Oil prices climbed more than 2% on Friday after the International Energy Agency (IEA) bumped up its 2020 demand forecast but re..

IEA raises 2020 oil demand forecast but warns COVI..

By Noah Browning LONDON - The International Energy Agency (IEA) bumped up its 2020 oil demand forecast on Friday but warned that the spread of COVID-19 posed a risk to..

Petrol, diesel prices remain unchanged for third c..

Oil marketing companies kept retail prices of petrol and diesel unchanged for the third consecutive day on Friday. In Delhi, petrol is priced at Rs 80.43 a litre while..

Malaysia palm oil stockpile down 6.3% at end-June,..

KUALA LUMPUR - Malaysia's palm oil inventories at the end of June fell 6.33% from the previous month, at 1.90 million tonnes, industry regulator the Malaysian Pa..

India`s fuel demand recovered further in June

India's fuel demand in June extended its recovery from a 13-year low hit in April, lifted by a pickup in activity as the economy gradually reopens from lockdown restr..

Gold set for 5th weekly gain as pandemic rages

Gold was set for a fifth straight weekly gain as the COVID-19 pandemic showed no signs of abating, keeping the safe-haven metal above the key $1,800 level on Friday. F..

Oil dips, heading for weekly loss as virus cases r..

TOKYO - Oil prices dipped on Friday after steep falls in the previous session and were set for a weekly decline on worries renewed lockdowns following a surge in coronavi..

Petrol and diesel prices again go a momentary paus..

Auto fuel prices have again gone a momentary pause with oil marketing companies keeping the pump prices of petrol and diesel unchanged on Thursday. In the National Cap..

Gold holds above $1,800 level as virus casts long ..

By Harshith Aranya Gold held steady above the key $1,800/oz level on Thursday, as worries over mounting COVID-19 cases offset hopes of a swift global economic recovery..

Indian travel curbs thwart gold smugglers, boost l..

By Rajendra Jadhav MUMBAI - Gold smuggling in India has declined as a lack of international flights thwarts grey market operators and serves to boost the premium..