Don't allow zero-duty palm oil imports from Nepal: Trade body
The Solvent Extractors Association of India (SEA) has made a representation in this regard to Commerce Minister Piyush Goyal. According to the SEA, "There are media reports that Nepal is putting pressure to allow export of RBD palmolein from Nepal under the South Asian Free Trade Area (SAFTA) agreement at zero duty".
Oil rises as markets wait on virus impact, US stocks fall
US crude was up 62 cents, or 1.2 per cent, at $54.10 a barrel.
China flexes oil refining muscle, upping pain for Asian rivals
Asian benchmark refining margins for diesel, jet fuel are already languishing...
Commodity outlook: Crude oil jumps; here's how others may fare
Here is how SMC Global expects commodities to trade today.
Oil rises as investors take stock of economic hit from virus
"Oil's bloodbath appears to be over for now," said Edward Moya, senior market analyst at OANDA.
Mentha oil may test support at Rs 1,186 level
Stocks of mentha oil at MCX-accredited warehouses stood at 1,14,546.650 kg against 1,62,106.60 kg last week.
Oil falls for sixth day as China virus spreads
US West Texas Intermediate was down 12 cents, or 0.2 per cent, at $53.02.
Oil rout extends to sixth day as China virus death toll rises
US West Texas Intermediate was down 32 cents at $52.82 a barrel.
Gulf Oil expects reforms to boost auto sector in Budget
"We hope to see a robust implementation of the auto scrappage policy. We hope the government continues its thrust on infrastructure to strengthen and propel us forward on the path to higher growth once more," Gulf Oil MD said. In 2019, the auto industry recorded its worst-ever sales decline in two decades, with an unprecedented slowdown hampering vehicle offtake.
There are big bearish factors on the horizon for oil industry: Vandana Hari
Plateauing of the infections and casualties of coronavirus might be a turning point for the oil markets, says Vandana Hari,, in an interview...
Weak demand, China virus fears may take WTI crude to $50 level
Refining margins continued to remain under pressure, suggesting weak global demand for oil.
Recovery in oil prices may not be as quick and steep as the downslide: Vandana Hari
Vandana Hari, Founder & CEO, Vanda Insights, says one should keep a very close eye on whether we see a plateauing of the infections and casualties from Coronavirus spread as that might be a turning point for the oil markets.
BSE to shift 30 stocks to restricted trading group, NSE to move 13 scrips
BSE and NSE decide to shift several scrips to restricted trading segment to ensure safety of investors.
Share market update: Nifty Energy Index up; HPCL rises 2%
The Nifty Energy index was trading 0.85 per cent up at 15493.7 .
Oil drops below $60 as China virus drives demand concern
US crude was down by $1.63, or 3 per cent, at $52.55.
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