With oil prices soaring on Tuesday and Brent gaining ground for the fourth consecutive session, expectations of an additional supply to the market from Iran soon faded, dragging talks on the US rejoining the nuclear deal with Tehran. Brent crude was up 38 cents, or 0.5%, at $ 73.24 a barrel at 0651 GMT, up…
Gold fell in Asia on Tuesday morning, following its losses following a month-long low during the previous session. Investors are looking to the U.S. for further clues on inflation and the central bank’s future monetary policy. Waiting for the Federal Reserve policy decision. Gold futures fell 0.12% to 8,863.60. The dollar, which normally moves in…
The SGX Nifty is down 11.00 points at 15,825.00. As the Nifty fell over 216 points in the morning trade, the Nifty had a very volatile session as the morning newspaper headlines about Adani Group shares saw all the negative rounds. However, the purchase of the 2nd half by local funds and the clarification of…
Markets witnessed a volatile day of trading as benchmark indices recovered from their opening losses in the second half of trading. Bank Nifty cut the Nifty index by 1%, closed the previous one in red, and then closed the final ~ 0.5% higher. Reliance Industries was the top performer with 3%, while shares of Adani…
The U .S. Biofuels Act so the Corn, Soydrop, Soy oil down for the Concerns about the need for fuel fodder fell by the daily trade limit last Friday. U.S. Forecasters forecast increased crop yields in some parts of the Midwestern and Northern Plains. The U.S. Environmental Protection Agency says it is considering ways to…
Oil prices are up on Monday (Nasdaq: MNDY) due to an improved outlook for demand as increased COVID-19 vaccines help lift travel restrictions. Brent crude rose 14 cents or 0.2% to 0123 GMT. Was 72.83. It rose 1.1% last week to $ 73.09 on Friday, May 2019. The U.S. The West Texas Intermediate was up…
On the first day of this week’s trading session, Indian markets retreated from their record highs, with broad-based sales and mixed global references ahead of key economic data. Except IT, all other sector indices were up 2-4% on Monday. Investors booked profits as the Sensex and Nifty 50 exceeded the limits. At 09.37 am, the…
The Center on Wednesday reported 418.47 lakh tonnes of wheat so far in the current marketing year, which began in April. Wheat registration has been procured since late November 2020 amid protests by farmers across the Delhi border. Farmers’ unions are demanding the repeal of three new farm laws and a legal guarantee of a…
Copper relaxed on Thursday, raising concerns over price controls after Chinese officials promised to keep a tab on rising commodity costs. Three-month copper was down 0.3% at $ 9,949 a tonne on the London Metal Exchange CMCU3, while the most-traded July copper deal on the Shanghai Futures Exchange SCFCV1 was down 0.2% at 71,480. As…
Oil in Asia fell on Friday morning but was set to end the week with a third-week gain. The black liquid is close to $ 70 as investors continue to digest different fuel demand perspectives. Brent oil futures down 0.43%. $72.21 and WTI futures were down 0.43% at $ 69.99. The future in New York…
