Oil turns positive on supply concerns, economic data
Brent crude futures were up 7 cents, or 0.1%, to $107.21 a barrel at 12:32 p.m. EDT (1632 GMT), while U.S. West Texas Intermediate (WTI) crude futures rose 4 cents to $104.73 a barrel.
Soaring pump prices weigh on growth in India retail fuel sales
A jump in prices has seen growth stall in India’s sales of gasoline and diesel
US Fed Meet, High Inflation, Akshay Tritiya | Will Gold & Other Metals Continue To Shine?
Gold prices dipped in international market as elevated US Treasury yields pressured demand for zero-yield bullion ahead of a key US Federal Reserve meeting later this week. Will gold prices outperform even as commodities prices and inflation soar? And will the yellow metal shine again for investors ahead of Akshaya Tritiya? Watch Manisha Gupta and Karunya Rao decode the dynamics for you
Vegetable oil market simmers over Indonesia's ban on palm oil exports
The prices of palm, soybean, European rapeseed and even its Canadian GMO counterpart, canola oil, have reached historic highs following Indonesia's announcement on Wednesday
Gold rallies Rs 605; silver zooms Rs 1,596
In the international market, gold jumped to USD 1,916 per ounce and silver was trading flat at USD 23.49 per ounce.
Know how heatwave will scorch crops as Met Office issues weather warning
The blistering heatwave intensified in the country on April 28 with mercury crossing 45 degrees across several places. As per Met Office, the heatwave will persist throughout northwest and central India for five days and in east India for three days. What impact will it have on crops? Watch the video to find out
Indian green coffee exports rise amid global crunch, price hike
Typically, Indian coffee competes with that produced in Vietnam, the second biggest coffee grower, and Indonesia, which with their cheaper produce find more buyers in Europe. But now these countries are struggling because of high freight rates to Europe. In comparison, Indian freight rates to Europe are lower.
Oil prices rally on report that Germany drops opposition to Russian oil embargo
Before the war in Ukraine, Russian oil accounted for about a third of Germany's supply. A month ago, Germany's economic minister said that Germany had reduced its dependence on Russian oil to 25% of its imports.
Oil dives 6% as Shanghai lockdowns stoke demand fears
Brent futures fell $6.17, or 5.8%, to $100.48 a barrel by 11:12 a.m. EDT (1512 GMT). U.S. West Texas Intermediate (WTI) crude fell $5.91, or 5.8%, to $96.16.
Exchange that sells ‘golden tea’ at Rs 13 crore a kilo to open shop in India
London Tea Exchange plans to open 200 stores across India. The tea store had made headlines by offering tea laced with molten gold. While it plans to offer beverages from as low as Rs 120, top executive says not averse to selling golden tea for the super rich.
Oil falls on growth concerns, Shanghai lockdown
Brent crude was down $1.69, or 1.6%, at $106.64 a barrel by 1311 GMT. U.S. West Texas Intermediate (WTI) crude declined $1.77, or 1.7%, to $102.02.
Natural gas prices surge to 13-year highs: Will the bull run continue?
Commodity bulls are charging the way ahead. Natural gas has surged to fresh 13-year highs on April 7. The demand is expected to increase despite high prices. Manisha Gupta and Karunya Rao decode the bull run in commodities
Why are sugar stocks surging and is it still a good time to buy?
Sugar stocks played a sweetener on an otherwise-volatile week on the street. Major sugar stocks rallied around 12-36 percent. Watch the video to know what caused the rally and if the uptrend will sustain.
Gold gains as Russia-Ukraine tensions intensify
Gold is highly sensitive to rising U.S. interest rates, which increase the opportunity cost of holding non-yielding bullion while boosting the dollar, in which it is priced.
Oil jumps 4% as deaths near Kyiv prompt talk of new sanctions
Global benchmark Brent crude was up $3.85, or 3.7%, to $108.24 a barrel by 11:21 a.m. EDT (1521 GMT). U.S. West Texas Intermediate crude rose $4.11, or 4.1%, to $103.38 a barrel. Both contracts were down more than $1 earlier in the session.
Gold dips as yields rise; heads for weekly rise on safe-haven demand
Spot gold XAU= was down 0.4% at $1,950.41 per ounce by 10:17 a.m. EDT (1417 GMT). U.S. gold futures GCv1 fell 0.6% to $1,951.30.
Wheat prices soar on Ukraine fears, but US growers can't cash in
Russia and Ukraine together supply about 26% of the world's wheat exports, according to the latest USDA data. Shipments through the Black Sea have already been disrupted.
Gold set for worst week since November as safe-haven demand eases
Spot gold slipped 0.6% to $1,931.90 per ounce, as of 10:30 a.m. ET (1430 GMT) and U.S. gold futures fell 0.6% to $1,930.80, weighed by a stronger dollar.
Oil jumps on lack of progress in Russia-Ukraine talks
Brent crude futures jumped $2.43, or 2.3 percent, to $109.07 a barrel at 0141 GMT, after surging nearly nine percent on Thursday in the largest percentage gain since mid-2020.
Oil rises but set for weekly loss as traders assess supply disruptions
Brent crude futures rose $2.46, or 2.3%, to $111.79 a barrel by 11:49 a.m. ET (1649 GMT) after hitting a low of $111.74 earlier. U.S. West Texas Intermediate (WTI) crude futures rose $3.09, or 2.9%, to $109.11 a barrel, rebounding from a session low of $104.48.
India signs deals to export 500,000 tonnes of wheat, as global prices surge
"The buyers, who are worried about supply disruptions from Ukraine and Russia, know that only India can be a big, steady supplier of wheat at this point of time, and that's why they have turned to India," the dealer said.
Oil hits almost decade high before Iran throttles the rally
Oil prices spiked earlier on Thursday after a fresh round of U.S. sanctions on the Russian oil refining sector, raising concerns that oil and gas exports might be next.
Smuggled from India, polished in Bangladesh: why this cheap rice variety is causing a stir in Dhaka
Over-polished and nutrient-poor, Minikhet rice continues to command high prices across Bangladesh despite awareness efforts to highlight its origins and flaws.
US Fed dovish minutes, geopolitical tensions boost demand for safe-haven gold
Gold steadied on February 17 in the international market, closing in on the eight-month high touched earlier this week, as the dollar and treasury yields dipped on less hawkish-than-feared Federal Reserve minutes and the Ukraine crisis boosted demand for the safe-haven metal. Watch the video for mor
