Commodities

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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

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

Footage shows people escaping train carriage minutes after St Petersburg blast

A video, filmed minutes after a blast at St Petersburg metro station in Russia, shows people escaping the train carriage, with some lying injured on the platform. At least 11 people were killed and 45 others injured after an explosion rocked the subway on 3 April. An anti-terror investigation has been launched but other possible causes are also being investigated. Russian Prime Minister Dmitry Medvedev has described the explosion as a terrorist attack.

Apr 4, 2017

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Oil goes below $50 a barrel as US stocks build

The fall in crude oil prices comes despite some of output cut efforts from the Organisation of the Petroleum Exporting Countries.

Mar 10, 2017

Dakota Access Pipeline, Dakota Access Pipeline protest

US pipeline fights move from Dakota plains to Louisiana bayous

Opposition to the Energy Transfer Partners' planned extension of the Bayou Bridge pipeline has made Louisiana bayous the latest battleground in a nationwide war against new pipeline construction.

Feb 22, 2017

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Gold prices near Rs 30,000 amid global uncertainty

Prices of gold rose for the third straight week on global cues to end at Rs 29,880; silver also gained.

Feb 18, 2017

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Gold prices at near 3-month high over uncertainty in French polls, Trump's policies

Fears over US President Donald Trump's policies and political uncertainties in Europe lift gold prices to almost 3-month high.

Feb 9, 2017

Indian gold jewellery demand fell to 7-year low in 2016: WGC

Indian gold jewellery demand in 2016 was 148.3 tonnes lower than 2015 due to multiple factors and marked the biggest yearly decline, says WGC.

Feb 4, 2017

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Sugar output estimates trigger bitter war among companies in India

ISMA lowers 2016-17 crop season output and consumption estimates, accuses "vested interests" of price manipulation and profiteering.

Jan 28, 2017

Palladium: More exciting than gold and platinum?

Palladium’s main properties are strong catalytic properties, excellent conductivity and high resistance to corrosion. Thanks to these particular chemical properties, plladium is used in a number of different applications, including: jewellery, electronics and dental fillings.

Jan 24, 2017