Oil Seeds & Oils
MCX
How gold, oil, base metals and agri-commodities may fare today
Crude oil traded higher as global oil prices rose more than 1 per cent.
IEA revising oil demand growth forecast down on slowing economy
The IEA is revising its 2019 global oil demand growth forecast to 1.1 million barrels per day (bpd) and may cut it again if the global economy and especially China shows further weakness, Fatih Birol said.
Agri Commodities: Mustard seed, coriander, guar seed futures up on spot cues
Guar seed delivery for July contracts strengthened by Rs 52.5 to Rs 4,320 per 10 quintal.
Barclays cuts 2019, 2020 oil price forecasts on demand woes
The bank cut its 2019 Brent and U.S. West Texas Intermediate (WTI) price forecasts by $2 to $69 per barrel.
Mentha oil falls after a slump in spot demand
Around 11:40 am, MCX Mentha oil was at Rs 1,279 per kg, down by Rs 13.70, or 1.06%.
Crude futures mixed; WTI extends losses after US oil products stocks gain
US West Texas Intermediate crude futures were down 8 cents, or 0.1 per cent, at $56.7.
India's overhauled oil policy unlikely to be a game-changer: Wood Mackenzie
In the overhauled policy, more importance has been given to work programmes rather than revenue shared with the government.
Crude oil prices up on firm global cues
The rise in crude oil futures was largely in tandem with a firm trend in global market.
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