Commodities

Oil edges up, gains limited amid scepticism over freeze deal

Oil prices hit a one-week high on Monday after Russia and Saudi Arabia agreed to cooperate on stabilising the oil market.

Sep 7, 2016

Is the Saudi-Russian oil agreement another false dawn?

The two countries account for over 25% of the worlds crude oil production.

Sep 6, 2016

Saudi Arabia and Russia sign oil pact, could limit output in future

The announcement resulted in a spurt in oil prices as hopes emerged the two top producers would work to stem a global glut.

Sep 5, 2016

Oil prices rebound on weaker dollar despite bigger-than-expected US stock build

A weaker dollar makes greenback-denominated commodities, including oil, cheaper for holders of other currencies.

Sep 1, 2016

Oil prices rise as dollar comes off two-week high

A weaker dollar makes oil purchases cheaper for buyers using other currencies, potentially spurring demand.

Aug 30, 2016

oil-rig-pumpjacks-also-known-as-thirsty-birds-extract-crude-from-the-wilmington-field-oil-deposits-area-where-tidelands-oil-production-company-which-is-owned-by-occidental-petroleum-corporation-operates-near-long-beach-california-in-this-july-30-2013

Oil prices fall on rising Iraq output, doubt over producer talks

Oil prices fell about 1 percent on Monday over Iraq's increased production; said it would only freeze output if its right to fully regain market share is recognized.

Aug 29, 2016

Oil prices dip as Saudi Arabia dampens prospects of output freeze

International benchmark Brent crude oil prices LCOc1 were trading at $49.55 per barrel.

Aug 26, 2016

gst bill tea prices tata global beverages assam tea cyrus mistry inflation consumption demand india largest exporter consumer

Your daily cup of tea could cost you more, thanks to GST

The Goods and Services Tax (GST) is likely to result in higher tea prices, says Cyrus Mistry, Chairman,Tata Global Beverages.

Aug 24, 2016

Oil prices fall as Canada oil sands fields gradually return

Oil prices fall on US crude stocks build; fears over China demand

Robust Chinese crude demand growth has been driven by independent refiners.

Aug 24, 2016

Oil prices rise on renewed output freeze talks, but fundamentals remain weak

Analysts said that the price rise came on the back of renewed calls by some OPEC members to freeze production.

Aug 8, 2016

US crude oil edges back over $40, but oversupply still weighs

International Brent crude oil futures were trading at $42.34 per barrel.

Aug 2, 2016

Oil dips to remain near three-month lows as headwinds persist

International Brent crude oil futures LCOc1 were trading at $44.81 at 0148 GMT.

Jul 27, 2016

coal india thermal plants capacity stock million tonnes offtake production target dividend

Coal stocks sufficient to operate thermal plants for 23 days

Coal stocks stood at 31.39 million tonnes as of July 19, enough to operate power plants for 23 days, says government data.

Jul 25, 2016

Oil futures mixed, face weekly decline as glut fears persist

Iraq's oil exports are set to rise in July, according to loading data and an industry source.

Jul 22, 2016

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Gold holds firm as equity rally loses steam

U.S. gold was up 0.1 percent at $1,333.30 an ounce.

Jul 20, 2016

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