Commodity

OPEC, Russia extend record oil cuts to end of July

By Ahmad Ghaddar, Rania El Gamal and Alex Lawler MOSCOW/DUBAI/LONDON - OPEC, Russia and allies agreed on Saturday to extend record oil production cuts until the ..

OPEC, Russia meet to extend record oil cuts, push ..

OPEC and its allies led by Russia meet on Saturday over plans to extend record oil production cuts and to push countries such as Iraq and Nigeria to comply better with ex..

Oil climbs 5% on U.S. jobless drop, OPEC+ meeting ..

Oil prices rose on Friday after an unexpected fall in the May U.S. jobless rate and OPEC's decision to bring forward to Saturday discussions on whether to exten..

Malaysia exempts palm oil from export duty

Malaysia will fully exempt palm oil from export duty this year as part of plans to support industries badly hit by the coronavirus pandemic. Prime Minister Muhyi..

Gold heads for third week of losses amid signs of ..

Gold eased on Friday ahead of a key U.S. jobs report and looked set for a third consecutive weekly decline as hopes for an economic recovery stoked interest in assets see..

Oil dips on uncertainty over producers`commitment ..

Oil prices eased slightly on Friday as markets wait to see whether major producers will commit to an extension of record production cuts to support oil prices. Brent c..

Higher VAT: Delhi`s diesel sales drop 79% in May

Transportation fuel - diesel's sales dropped by 79 per cent last month in the national capital, said the city's fuel pump dealers. According to the Delhi Petro..

India`s May palm oil imports halve as lockdown den..

MUMBAI - India's palm oil imports in May plunged 53% from a year ago to 387,006 tonnes as a nationwide lockdown to curb the spread of the novel coronavirus sque..

Gold gains after biggest daily decline in a month

By Harshith Aranya Gold prices rose on Thursday after an equity rally fuelled by signs of an economic recovery from mandated shutdowns sparked the biggest daily fall s..

Oil moves higher, hovers below $40 as doubts emerg..

By Jessica Resnick-Ault NEW YORK - Oil ended slightly higher on Wednesday but remained below the session's early highs above $40 a barrel, the highest since March,..

Gold steady as equity rally offsets softer dollar

Gold traded steady on Wednesday after snapping a three-session winning streak in the previous day, as a rally in equity markets on hopes of more stimulus offset some supp..

Expect current season`s sugar output at 270 lakh t..

Apex sugar industry body, the Indian Sugar Mills Association expects sugar output in the current sugar season 2019-20 (October-September) at 270 lakh tonnes as 18 m..