Welcome to the Commodity Market tracker, we constantly support traders to analyze the rise and fall of the market for ten categories on the daily basis. We analyze and display the beginning value of the market on the morning updates and the Ending value on the evening updates. We examine the everyday trends for these categories and flash them as push notifications in our mobile applications and our success rate is above 80 percent. Play Store
The demand for natural gas decreased 3.67% to 141.7 as a result of moderate weather predictions. Following a 6% decline in U.S. output, EQT and Chesapeake Energy decided to reduce production. As a result of its merger with Southwestern Energy, EQT is now the biggest gas producer in the country. With a commitment to production…
Public sector oil marketing companies (OMCs) Bharat Petroleum Corporation, Hindustan Petroleum Corporation, and Indian Oil Corporation will bear the financial brunt of the Rs 100 per cylinder price cut announced on Friday. Liquefied petroleum gas (LPG) prices were dropped by Rs 100 per 14.2-kg cylinder for all residential LPG consumers on Saturday by the OMCs,…
The world’s largest oil consumers, China and the United States, saw rising demand on Friday, which contributed to an increase in oil prices. Additionally, the U.S. Federal Reserve signaled favorably that rate cuts might be possible. The price of a barrel of Brent crude futures had increased by 0.45%, or 37 cents. U.S. West Texas…
Following significant decreases in fuel supplies and a less-than-expected increase in U.S. crude inventories last week, oil prices increased little on Thursday. U.S. West Texas Intermediate crude prices increased by 18 cents to $79.31 a barrel, while Brent crude futures increased by 15 cents to $83.11 a barrel. The benchmarks gained almost 1% on Wednesday…
Aluminium saw a little decrease, finishing at 201.8, down -0.12%, as a result of the restart of production and power supplies at an Inner Mongolian aluminium smelter. Concerns about supply disruptions in China and abroad were allayed when Yunnan and other locations saw an improvement in power supply, which in turn led to stable production…
Silver closed yesterday at 73467, a noteworthy increase of 1.65%, demonstrating a good performance. Expectations of a possible June rate cut propelled this upward movement, especially in light of data showing a slowdown in U.S. manufacturing activity and a drop in consumer sentiment in February. The U.S. inflation rate meeting forecasts and the deflationary trends…
Brent futures dropped 3 cents to $82.77 per barrel, while May U.S. West Texas Intermediate (WTI) dropped 11 cents to $78.63. On Monday, WTI ended the day down $1.24 at $78.74 a barrel, while Brent finished 75 cents lower at $82.80 a barrel. To maintain prices in the face of worries about the global economy…
Natural gas prices fell by -2.55% to settle at 153.1, mostly as a result of excess supply brought on by a mild winter and record output levels. In the week that concluded on February 23, 2024, U.S. utilities removed 96 billion cubic feet of natural gas from storage, surpassing the 88 billion cubic feet that…
Following OPEC+ members’ decision to extend its voluntary oil output cutbacks of 2.2 million barrels per day into the second quarter, which was mostly expected by the market, oil prices increased on Monday. U.S. West Texas Intermediate (WTI) was up 20 cents, or 0.3%, to $80.17 a barrel, while Brent futures was up 28 cents,…
A government decree issued on Thursday states that, as of March 1, the windfall tax on petroleum crude has increased from Rs 3,300 to Rs 4,600 ($55.51) per metric tonne. With effect from March 1, the decree said that the Centre also reduced the windfall tax on diesel from 1.50 per litre to zero. Petrol…
