Commodity

Steady oil prices holds up any reversion in petrol..

The pump prices of auto fuels petrol and diesel remained unchanged on Saturday as softer global crude and product prices prevented oil marketing companies from carrying o..

No change in petrol and diesel prices

Retail prices of petrol and diesel remained unchanged on Friday as softer global crude and product prices prevented Indian oil marketing companies from carrying out any r..

Gold up on U.S. stimulus optimism; strong dollar c..

By Nakul Iyer Gold edged up on Friday on hopes that a U.S. stimulus package would eventually be passed, boosting the metal's appeal as an inflation hedge, al..

Floods hamper rice harvest in major Asian hubs, hi..

By Anjishnu Mondal Flooding slowed rice harvest in most Asian hubs this week, pushing up export prices for the Vietnamese variety and domestic rates in Bangladesh, whi..

Oil steady as Russia indicates support for extendi..

By Aaron Sheldrick TOKYO - Oil prices held on to gains from the previous session on Friday, after Russian President Vladimir Putin indicated he would be prepared..

Gold retreats as dollar gains on U.S. stimulus dou..

By Nakul Iyer Gold fell on Thursday as the dollar recovered some lost ground after doubts emerged whether U.S. lawmakers could reach agreement on a new coronavir..

Mideast share of India`s September oil imports fal..

By Nidhi Verma Middle East producers' share of India's market fell to a four-month low in September while that of Africa rose to one year high, according to da..

OPEC+ may consider extending production cuts beyon..

Oil cartel OPEC may decide on extending the existing level of production cuts beyond December to keep the crude price stable next year as the extended run of Covid-19 pan..

Oil struggles as U.S. gasoline stocks build weighs..

By Sonali Paul MELBOURNE/SINGAPORE - Oil prices struggled on Thursday after heavy losses overnight, with a build in U.S. gasoline inventories pointing to a deter..

Consumers may get relief on petrol, diesel prices ..

Consumers can cheer as oil marketing companies (OMC) may actually bring down the retail prices of petrol and diesel this festive season. Oil sector experts said that w..

Gold hits one-week peak as U.S. stimulus hopes den..

By Brijesh Patel Gold prices rose to a one-week high on Wednesday as the dollar weakened on renewed hopes for a new U.S. stimulus package ahead of next month'..

Oil prices slip as U.S. inventory build stokes fea..

By Yuka Obayashi TOKYO - Oil prices eased on Wednesday after a surprise build-up in U.S. crude stockpiles stoked concerns about a global supply glut even as a sp..