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June 06, 2023 07:03 AM IST Saudi Arabia, the group's biggest producer, will make a deep cut to its output in July on top of a broader OPEC+ deal to limit supply into 2024 as the group faces flagging oil prices.
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June 06, 2023 06:37 AM IST Brent crude futures were down 23 cents, or 0.3%, at $76.48 a barrel at 0020 GMT. The U.S. West Texas Intermediate crude eased 25 cents, or 0.4%, to $71.90 a barrel.
- June 05, 2023 01:48 PM IST
Oil surges as Saudi Arabia announces production cuts to the tune of a million barrels a day for july, taking its daily output down to 9 million barrels. Brent jumps above 78 dollars a barrel.
- June 05, 2023 09:02 AM IST
According to Geojit, Mixed moves were witnessed in NCDEX spices complex on Friday. Barring jeera other spices ended down.
- June 03, 2023 08:30 AM IST
Most base metals held on to gains owing to softer dollar and surprise expansion in China’s Caixin manufacturing PMI, this week.
- June 02, 2023 01:35 PM IST
Copper supported on low minimum supply growth. Metals headed for a weekly increase; catch Manisha Gupta on commodities to know why.
- June 02, 2023 10:33 AM IST
According to Geojit, Spices traded weak on NCDEX on Thursday. Coriander futures hit its lowest level in about two years on subdued demand amidst rise in arrivals in the spot market.
- June 02, 2023 07:14 AM IST
Brent crude futures rose 13 cents, or 0.18% to $74.41 a barrel by 0115 GMT, while U.S. West Texas Intermediate crude (WTI) rose 15 cents, or 0.21%, to $70.25 a barrel, following two consecutive days of sliding crude prices.
- June 01, 2023 09:09 AM IST
According to Geojit , Barring turmeric other spices were down on NCDEX on Wednesday. Turmeric futures pared initial losses and inched up on concerns over crop in the upcoming kharif season, while jeera and coriander futures inched down on tepid demand.
- June 01, 2023 06:17 AM IST
Brent crude futures for August delivery fell 40 cents, or 0.6% to $72.20 a barrel by 0023 GMT, while U.S. West Texas Intermediate crude (WTI) eased 39 cents, or 0.6%, to $67.70 a barrel.
- May 31, 2023 12:52 PM IST
Dollar at seven-week high, US economic data reflects strength. Against the Yen, Dollar rose to a six-month peek of 138.74. Catch Commodities live with Manisha Gupta for more insights only on Moneycontrol.
- May 31, 2023 09:01 AM IST
According to Geojit , Mixed moves were witnessed in NCDEX spices complex on Tuesday. Coriander futures ruled flat, awaiting fresh cues for further directional moves, while jeera and turmeric futures were under pressure on tepid demand.
- May 31, 2023 06:27 AM IST
Brent crude futures for August delivery rose 11 cents to $73.82 a barrel by 0013 GMT, while U.S. West Texas Intermediate crude (WTI) gained 8 cents to $69.54 a barrel. Both fell more than 4% on Tuesday.
- May 30, 2023 02:01 PM IST
Gold price hit a two-month low. Most banks still expect higher gold by the end 2023. Catch Manisha Gupta on Commodities Live.
- May 30, 2023 10:13 AM IST
According to Geojit , Steady to positive moves were witnessed in NCDEX spices complex on Monday. Jeera futures gained the most, by four per cent, followed by coriander futures on firm demand and bargain buying, while turmeric futures ended rather flat.
- May 30, 2023 08:42 AM IST
Brent crude futures climbed 35 cents, or 0.5%, to $77.42 a barrel by 0145 GMT after gaining 12 cents on Monday.
- May 29, 2023 01:32 PM IST
Crude oil at 2-week high closes 2 weeks of gains. US reaches debt ceiling deal, all eyes on US FED meet. Catch the latest in Commodities with Manisha Gupta!
- May 29, 2023 09:18 AM IST
According to Geojit , Barring jeera other spices were down on NCDEX on Friday. Jeera futures were up on bargain buying, while turmeric and coriander futures were down on subdued demand.
- May 29, 2023 06:08 AM IST
Brent crude futures climbed 39 cents, or 0.5%, to $77.34 a barrel by 2317 GMT, while U.S. West Texas Intermediate crude was at $73.12 a barrel, up 45 cents, or 0.6%.
- May 27, 2023 10:11 AM IST
US Core PCE is expected to remain unchanged at 0.3 percent MoM and 4.3 percent YoY for April. If it is unexpectedly high, it may prompt the Fed to keep interest rates higher for a longer time, leading to an upside in the dollar which will weigh on commodities
- May 26, 2023 01:46 PM IST
How does Monsoon look for you? June rainfall is expected below normal at 92% of LPA. Normal to Below normal in Northwest, west-central India. What will be its impact on commodities?
Catch the latest in Commodities with Manisha Gupta!
- May 26, 2023 09:36 AM IST
According to Geojit , NCDEX spices complex traded steady to weak on Thursday. Jeera futures declined over two percent, while turmeric was down marginally by about 0.4 per cent and dhaniya futures ended flat .
- May 26, 2023 09:36 AM IST
Brent crude fell 30 cents to $75.96 a barrel at 0315 GMT, while U.S. West Texas Intermediate was down by 14 cents at $71.69 a barrel.
- May 25, 2023 12:59 PM IST
Commodities are off highs on dollar strength. Copper, Aluminium, and Gold in focus. Catch the latest in Commodities with Manisha Gupta!
- May 25, 2023 09:13 AM IST
According to Geojit , Mixed moves were witnessed in NCDEX spices complex on Wednesday. Jeera and turmeric futures gained, while coriander futures pared initial gains to ended lower.
