Commodities Market News - International Business Times, India

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Brent leads crude prices higher as Norway oil workers get ready to strike

Strike in Norway will add to the worsening shortages globally after the US plans to reintroduce sanctions on Iran. OPEC and Russia agree to increase output to offset price surge.

Jul 10, 2018

crude oil prices, opec, us oil reserve, donald trump and crude oil, donald trump, saudi arabia

Crude prices edge down but these five factors will determine future course

Researchers say oil prices could average at $70-72 per barrel this year. However, they add that significant external factors can still add volatility to the oil market. They have put down the following oil market triggers that need to be watched.

May 29, 2018

demonetisation, petrol pumps, paying by cash, petrol, diesel, petrol pump dealers

Fuel prices: Modi's undoing or the silver bullet for last leg?

There's no plan to roll back free market pricing. There's no plan to pare excise duties. There's no reliable plan to bring fuel prices under GST. Worse off, global crude prices are likely to increase this year.

Apr 23, 2018

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Fuel gets dearer: Petrol rises to 55-month high, diesel costliest ever

Petrol in Delhi now costs Rs 74.08 a liter and diesel price is at Rs 65.31 per liter.

Apr 20, 2018

gold prices in india, gold stocks, titan share price, tbz share price, gold consumption, gold jewellery in india, wgc gold demand

Go gold: 3 gold investment schemes backed by Indian government in 2018

There's no better way of investing in gold than through the government-backed methods. Know more about Gold Monetization Scheme, Sovereign Gold Bonds Scheme, and Indian Gold Coin.

Apr 10, 2018

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Gold prices glitter upon rising trade war fears

Spot gold was up 0.1 percent at $1,341.68 per ounce as of 0045 GMT. It climbed 1.3 percent on Monday in its biggest one-day percentage rise in a week.

Apr 3, 2018

India is second largest steelmaker, ahead of Japan but behind China

China's production for February was 64.9 million tonnes (Mt), while India followed with 8.4 Mt. Japan produced 8.3 Mt, down 0.5 percent.

Mar 27, 2018

Nuclear deal: Kicking Iran in shins is good domestic economics for Trump

The coming of age of shale oil will insulate America against price scares for the foreseeable future

Mar 19, 2018

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Is this a good time to invest in gold?

The ongoing geopolitical tension between the United States and North Korea and on the domestic front the rise of inflation made gold investment a safe bet.

Oct 8, 2017

Play

International Space Station captures new footage of Hurricane Harvey

Cameras aboard the International Space Station captured new views of Hurricane Harvey as the storm rapidly intensified on Thursday afternoon, August 24.Harvey is expected to make landfall on the Texas coast on Friday, 25 August, or Saturday morning, 26 August.

Aug 25, 2017