Commodity outlook: Crude oil plunges 5%; here's how others may trade today
Crude oil plunged 5.18 per cent to Rs 1,611 while silver fell 3.06 per cent to Rs 39,642.
Indian Oil cuts capacity utilisation by 25-30% as fuel demand falls
"Upliftment of finished products from them in the last one week has helpe...
Palm oil prices fall 3% on demand concerns, lower oil prices
The benchmark palm oil contract, for June delivery, on the Bursa Malaysia Deriva...
Natural gas prices cut by steep 26 pc; huge dent in ONGC revenues
Oil Ministry's Petroleum Planning and Analysis Cell (PPAC) said the bulk of India's existing gas production will be priced at USD 2.39 per million British thermal unit for the six-month period beginning April 1, down from USD 3.23 as of now. This will be the second reduction in six months to the lowest since 2014.
Market Movers: OMCs, ITC rally; IndusInd plunges 15%; 46 stocks become ‘oversold’
Here is a lowdown of the movers and shakers of Tuesday’s session on Dalal Street.
Pain in metal stocks to be substantial in near term: Sanjeev Zarbade
Recovery in Chinese demand key factor for metal stocks, says vice president of PCG Research, Kotak Securities.
Commodity outlook: Crude oil slips as demand dwindles; here’s how others may fare
Here is how SMC Global expects commodities to trade today.
No fuel crisis in India; enough stock to last lockdown, says Sanjiv Singh, Indian Oil
New Delhi, Mar 30 (ANI): Indian Oil Chairman Sanjiv Singh informed that there is no fuel crisis in India. “Supply of petrol, diesel, LPG is ...
Trump didn’t calm the oil markets. Now it may be too late
Trump has yet to intervene, himself, despite saying last week that he might.
Oil cos say no LPG shortage at all, delivering at least 40% more fuel now
The collective assurance of uninterrupted supplies of all oil products, especially LPG cylinders, by Indian Oil, BPCL and HPCL, come amidst panic booking of cooking gas by consumers since the national lockdown imposed to contain the spread of Covid-19 pandemic.
Copper eases on hit to economy, metals demand
The US Senate passed a $2 trillion bill aimed at helping unemployed workers and industries hurt by the coronavirus epidemic but it failed to rouse copper prices for long.
In oil markets, it's back to 1998 crisis pricing
Most are offloading their oil for below $20 a barrel as the coronavirus pandemic savages demand.
Trade body demands Sebi action to curb speculation in castor seed futures
The NCDEX castor seed futures has been hitting upper circuit since last two days on very thin volumes.
Brent oil dives over 7% to lowest since 2003
Oil has tanked in recent weeks on the back of collapsing demand, as COVID-19 slams the brakes on economic activity and the world's appetite for energy.
Steel demand headed for a slump; prices, margins to fall
Domestic steel demand is likely to see a sharp dive in the first quarter of the coming fiscal due to stalled factories and production cutbacks across major user industries like auto and construction, Icra said.
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