Commodities

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

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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

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

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

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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

sugar, sugar production in india, sugar estimates for 2016-17, isma sugar output, renuka sugars, sugar imports by india

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