Agri Picks Report June 24, 2024: Geojit Financial Services
According to Geojit, the area under kharif crops in Telangana was at 2 mln acres (1 acre = 0.40 ha) as of Wednesday, drastically higher than the kharif crop area of 153,889 acres a year ago, according to data from the state government.
Oil extends losses as strong dollar weighs on commodities markets
Brent crude futures slid 40 cents, or 0.5%, to $84.84 a barrel by 0036 GMT, after settling down 0.6% on Friday. U.S. West Texas Intermediate crude futures were at $80.34 a barrel, down 39 cents, or 0.5%.
Agri Picks Report June 21, 2024: Geojit Financial Services
According to Geojit, The southwest monsoon, whose progress had stalled for a few days, is likely to advance into some more parts of Gujarat, Madhya Pradesh, and Maharashtra over the next 3-4 days, the India Meteorological Department said on Thursday.
Oil prices slip as rate hike worries come into focus
Brent futures for August delivery dipped 11 cents to $85.60 a barrel by 0013 GMT, while U.S. crude was down 9 cents to $81.20 per barrel.
Agri Picks Report June 20, 2024: Geojit Financial Services
According to Geojit, The country received a weighted average rainfall of 6.2 mm on Wedensday, 1% above the normal rainfall of 6.1 mm, the India Meteorological Department said.
Brent rises on Middle East war, while WTI dips ahead of inventories report
Brent crude futures for August delivery rose 8 cents to $85.15 a barrel by 0008 GMT. U.S. West Texas Intermediate crude for June was down 27 cents, or 0.3%, to $81.30 per barrel.
Agri Picks Report June 19, 2024: Geojit Financial Services
According to Geojit, The southwest monsoon will likely cover some parts of Bihar and Jharkhand, remaining parts of sub-Himalayan West Bengal, some parts of Gangetic West Bengal, more parts of Maharashtra, Chhattisgarh, Odisha and coastal Andhra Pradesh during the next 3-4 days, the India Meteorological Department said on Tuesday.
Oil inches up as war jitters outweigh surprise build in US crude stocks
Brent crude futures for August delivery rose 6 cents to $85.39 a barrel by 0016 GMT. U.S. West Texas Intermediate crude for June was up 10 cents to $81.67 per barrel.
Agri Picks Report June 18, 2024: Geojit Financial Services
According to Geojit, The El Nino weather phenomenon, which exacerbated the increase in global temperatures, has been replaced by El Nino Southern Oscillation-neutral conditions during the past month, the US National Oceanic and Atmospheric Administration said in a report.
Oil up on firming demand, Mideast tensions underpin risk premium
Global benchmark Brent crude futures were up 21 cents, or 0.25%, at $84.46 per barrel at 0001 GMT. U.S. West Texas Intermediate crude futures were up 16 cents, or 0.2%, at $80.49 a barrel.
Commodity markets to focus on Chinese home prices, US retail sales, flash PMIs next week
Commodity market participants will closely monitor Chinese home prices data, especially to assess the impact of recent measures aimed at the property market, with any disappointment potentially increasing calls for further stimulus.
Agri Picks Report June 14, 2024: Geojit Financial Services
According to Geojit, The advance of the southwest monsoon over Gujarat may get delayed as rainfall activity will likely weaken in the state over the next few days, private weather agency Skymet said.
Oil prices on track for weekly gain on solid demand outlook
Brent crude futures were down 72 cents, or 0.87%, to $82.04 a barrel at 0100 GMT. West Texas Intermediate (WTI) U.S. crude futures lost 79 cents, or 1%, to trade at $77.84 a barrel, reversing small gains in the previous session.
Agri Picks Report June 13, 2024: Geojit Financial Services
According to Geojit, The southwest monsoon is likely to advance into more parts of Odisha and coastal Andhra Pradesh in the next three to four days, the India Meterological Department said in a note.
Oil slips on US growth worries, ample crude supply
Brent crude futures lost 14 cents, or 0.17%, to $82.46 a barrel at 0039 GMT, and U.S. West Texas Intermediate (WTI) crude futures fell 16 cents, or 0.2%, to hit $78.34. Both benchmarks had gained about 0.8% in the previous session.
Agri Picks Report June 12, 2024: Geojit Financial Services
According to Geojit, The southwest monsoon, which advanced to some more parts of Maharashtra and Telangana today, will likely cover more parts of Chhattisgarh and Telangana during the next 48 hours, the India Meteorological Department said on Tuesday.
Diamond Prices Slump by 6% in 2024 | Five Reasons Why Diamond Demand is Declining
In 2024, diamond prices have declined by 6% according to Zimnisky’s global rough diamond index. The diamond prices hit a 14-year low in Mid Dec 2023 but have improved slightly since then. From economic uncertainty in the US to young couples who prefer lab-grown diamonds over natural diamonds, find out the five reasons why diamond prices are falling. Watch.
Oil prices edge up on optimistic demand outlook
Brent crude futures rose 11 cents, or 0.1%, to $82.04 a barrel at 0016 GMT, while U.S. West Texas Intermediate (WTI) crude futures gained 18 cents, or 0.2%, to settle at $78.10.
Gold rush grips Asia despite near-record prices
Spot gold is trading a little over $2,300 per ounce, up about 12% year-to-date and only about 6% shy of the record high it hit last month.
Agri Picks Report June 11, 2024: Geojit Financial Services
According to Geojit, The southwest monsoon, which advanced to some more parts of Maharashtra on Monday, will likely cover some parts of south Gujarat and some more parts of Maharashtra in the next two days, the India Meteorological Department said on Monday.
Oil slips on dollar's strength from US jobs data
Brent crude futures and U.S. West Texas Intermediate crude futures slipped 4 cents to $79.58 and $75.49 a barrel, respectively, by 0036 GMT.
LNG: Europe’s energy savior is a vulnerability
The continent hasn’t emerged from its energy crisis yet
Agri Picks Report June 07, 2024: Geojit Financial Services
According to Geojit, The conditions are favourable for the southwest monsoon to advance to more parts of Maharashtra, including Mumbai, in the next three to four days, the India Meteorological Department said on Thursday.
Oil prices climb as OPEC+ reassures markets, ECB cuts interest rate
Brent crude futures rose 16 cents or 0.2% to $80.03 per barrel and U.S. West Texas Intermediate crude futures rose 16 cents or 0.2% to $75.71 as at 0007 GMT.
Gold gains as US dollar, yields slip; focus on jobs data
Spot gold was up 0.8% at $2,373.31 per ounce as of 0258 GMT, after rising 1% in the previous session.
