U.S. West Texas Intermediate (WTI) crude futures climbed 13 cents, or 0.3%, to $40.76 a barrel at 0103 GMT, recouping a 2 cent loss from Monday
Saudi Arabia has set the August price to Asia at plus $1.20 a barrel versus the Oman/Dubai average, Aramco said in a statement on Monday.
In the first four months of 2020, India produced 113.36 million kg of tea, down 40% from a year ago because of lower production in March and April, the board said in a statement.
The commodity derivatives market has warmed up further with MCX launching Gold Mini Option.
U.S. gold futures were up 0.2% at $1,793.00 per ounce.
U.S. West Texas Intermediate (WTI) crude was down 40 cents, or 1%, at $40.25.
Progress usually comes from monopolies, and not from ‘perfect competition’.
‘Market share is moving to the organised well-capitalised players’
Berkshire posted a net loss of close to $50 billion in the first 3 months of the year.
'Indian steel industry will be the most profitable and competitive steel industry globally'
The two lenders have risen 37 per cent and 19 per cent on a year to date basis.
One way to pick the right stocks would be to search for businesses that are scalable.
‘Moving quickly towards digitisation aided the growth momentum’
Post restructuring, the promoters’ shareholding would increase to 68.15% from 61.73%.
‘A vaccine could be the silver edge but broader market will surely outperform’
Here is how SMC Global expects commodities to fare today.
Globally, gold prices edged higher as worries over a surge in coronavirus infections in the US dented optimism about signs of a nascent economic recovery, prompting investors to seek the safe-haven metal.
Dalian's most-active soyoil contract rose 0.83%, while its palm oil contract gained 0.76%.
Gold has also been benefiting from lower interest rates around the world and widespread stimulus measure from major central banks as it is widely viewed as a hedge against inflation and currency debasement.
"Rising case numbers in some U.S. states are still looming over energy demand prospects," ANZ analysts said in a note.
What happens to the oil refining industry will have ripple effects across rest of the energy industry.
The Sovereign Gold Bond Scheme 2020-21-Series IV will be opened for subscription for the period between July 6 and July 10.
Imports of the yellow metal stood at $8.75 billion in the corresponding period of 2019-20.
U.S. gold futures edged down 0.2% to $1,786.10 per ounce.
The premiums are spurring big increases in on-exchange inventories in New York.
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