Commodities Market News - International Business Times, India

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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.

21 days ago

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

fuel prices in india, daily petrol price, daily diesel price, diesel price, petrol price, omcs, modi govt, daily fuel price

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

titan, tanishq, gst on gold, gold prices in india, titan share price, pc jeweller share price, tata group, market cap, tata steel share price, tcs share price

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

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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

fuel prices in india, petrol price, diesel price, opec, indian economy

Crude oil prices for India rise by 12% in one month

The Indian basket of crude oil was at $51.60 per barrel on August 8 as against $46.12 almost a month ago.

Aug 9, 2017

A boy, who fled from the violence in Mosul, stands near tents in a camp for internally displaced people on the outskirts of Arbil in Iraq's Kurdistan region

Kurdish Independence: '800,000 bpd of crude needed to oil statecraft'

The oil-rich city of Kirkurk, which the Kurds call their Jerusalem, has almost three percent of the world's proven oil reserves.

Jun 27, 2017

saudi aramco, aramco ipo, aramco public issue

Crude oil prices rise marginally after Gulf countries snap ties with Qatar

Saudi Arabia, Bahrain, Egypt and UAE severed diplomatic ties with Qatar on Monday for its alleged links with Al-Qaeda and ISIS, impacting crude oil prices.

Jun 5, 2017

US plays spoilsport with OPEC

President Donald Trump's proposal to sell half of the United States' strategic oil reserve runs counters OPEC's efforts to control supply in order to boost prices.

May 23, 2017

opec oil crude oil saudi arabia meeting november 30 output production cap india importer algeria iraq qatar russia non-opec cartel price brent nyse nymex

Oil rebounds, as OPEC talks up cutting supply into 2018

Oil prices have been under pressure of late, amid investor concerns the global supply glut is not receding as fast as expected.

May 9, 2017

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How Putin has gained power from terrorism in Russia

An explosion killed at least 10 people and injured about dozens others in the metro of Saint Petersburg, Russia, on Monday, according to Russian news agencies. Since Vladimir Putin came to power in 1999, Russians have heard about hundreds of terrorist attacks—bombed apartments, cars, buildings, trains, and airplanes. Putin has taken advantage of these so frequently to consolidate his power that people often tend, with no proof, to believe conspiracy theories suggesting the involvement of Russia’s special services or various powerful clans behind the attacks.

Apr 5, 2017

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Fifa World Cup 2018: Hosts Russia prove doubters wrong with another dominant win

3 hours ago