Commodites

Brent futures rose 37 cents, or 0.4%, to $84.24 a barrel, while U.S. West Texas Intermediate crude grew 41 cents, or 0.5%, to $79.64 at 0003 GMT.

Crude edges higher on supply concerns as shipping disruptions continue

Brent crude futures rose 16 cents, or 0.2%, to $82.69 a barrel by 0106 GMT, while U.S. West Texas Intermediate crude futures (WTI) climbed 15 cents, or 0.2%, to $77.73 a barrel.

Oil gains on Middle East tensions, stock data in focus

Brent futures rose 8 cents to $82.55 a barrel by 0013 GMT, while U.S. West Texas Intermediate (WTI) crude rose 2 cents to $78.28.

Gold prices set for best week since April on weaker dollar

Spot gold held steady at $1,961.79 per ounce by 0319 GMT, and up nearly 2% for the week. U.S. gold futures rose 0.1% to $1,965.80.

Gold futures quiet, cues from Fed minutes awaited: Track latest prices

Adding to market concerns, US manufacturing contracted in June, reaching a three-year low. The economic indicators and expectations are hinting at a 90% probability of a 25 basis points rate hike by the US Federal Reserve in July.

Oil down marginally amid uncertainty over imminent US economic data

Producers have shut in or reduced output at several oilfields in the semi-autonomous Kurdistan region of northern Iraq following a halt to the northern export pipeline. More outages are on the horizon.

Oil falls as US holds off refilling strategic reserve

Brent crude futures slid 48 cents, or 0.6%, to $75.43 a barrel by 0039 GMT, while U.S. West Texas Intermediate crude futures dropped 52 cents, or 0.7%, to $69.44 a barrel.

Oil prices slide as China COVID curbs, possible rate hikes weigh on demand outlook

Brent crude futures dropped 78 cents, or 0.9%, to $86.01 a barrel by 0040 GMT, after settling 4.1% higher on Friday. U.S. West Texas Intermediate crude was at $92.11 a barrel, down 73 cents, or 0.8%, after a 3.9% gain in the previous session.

Moneycontrol Daily: Your Essential 7

A daily round-up of the most interesting articles to help jump-start the day.

Watch Commodities Update | Why are metal prices falling ahead of US Fed meet?

Metal prices continue to decline ahead of the US Federal Reserve meet slated for this week. Strong US Dollar, coupled with weakness in equity markets weigh on the prices. Copper prices skid, down 30% from March'22 highs. Which other metals should you keep on the watchlist? What's likely to be the trend from hereon? Manisha Gupta and Karunya Rao decode that and more. Tune in!

Indonesia extends bans to all palm products; Why is the street not nervous anymore?

Indonesia extends bans to all palm products. However, the street isn’t fretting as it knows that the country doesn’t have infrastructure to sustain surplus for a long time. Watch Manisha Gupta explain.

Russia-Ukraine conflict: It looks like a long battle and India may need to tackle multiple concerns, say international-relations experts

Russia may never get a status quo it wants from Ukraine, NATO and EU, and the offensive is already costing India

Oil slips but heads for steady week on supply tightness

Brent crude futures fell 7 cents, or 0.1%, to $73.72 a barrel at 0147 GMT, after jumping 2.2% on Thursday. For the week, Brent was headed for a 0.1% gain.

Gold eases, but holds near seven-year peak as virus impact weighs

Spot gold was down 0.2% at $1,608.96 per ounce, as of 0550 GMT. U.S. gold futures were flat at $1,611.90.

3-Point Analysis | Saudi drone attacks: Where is crude headed?

Around 50 percent of the Kingdom’s output is at stake.

Gold price eases on firm dollar ahead of central bank meetings

Spot gold was down about 0.3 percent at $1,219.91 an ounce at 0335 GMT. U.S. gold futures were 0.3 percent lower at $1,219.10 an ounce.

Oil prices likely to drift lower; Base Metals to remain weak

We believe that the oil prices may continue to remain lower for longer term as increasing production from the US, says Sam Nair of Stewart & Mackertich Wealth Management

Gold likely to remain volatile in near term; range to be around $1,350/oz: CARE Ratings

In the medium term, geo-political tensions in the Middle East, increasing US government debt and rising inflation pressures, volatility and lower equity markets could support gold prices.

Gold falls to 8-week low as safe-haven demand sags

The spot gold price was down 0.5 percent at $1,219.97 an ounce at 1414 GMT, falling below its 100-day moving average, a key technical support level currently at $1,224.

Gold hits 9-month high; silver regains Rs 54K mark

Silver also surged and retraced the key Rs 54,000 per kg mark on heavy speculative as well as industrial demand.