Commodities News

Retail petrol and diesel prices remained unchanged across India on Wednesday, 15 July, despite a sharp rise in the global crude oil price. State-run oil marketing companies (OMCs) kept fuel rates unchanged in major cities, even as Brent crude gained

The Indian rupee opened 32 paise lower at 95.94 against the U.S. dollar on July 14, extending its decline for a second consecutive session. The domestic currency came under pressure after renewed military developments involving the U.S. and Iran push

Petrol price and diesel price remained unchanged on July 14, with Indian Oil, Bharat Petroleum Corporation and Hindustan Petroleum Corporation maintaining existing retail rates across major cities. The three state-run oil marketing companies revise f

Stocks of oil marketing companies (OMCs) were sold off on July 13 as crude oil prices jumped over 4%. The rise in global oil prices weighed on sentiment for fuel retailers, with HPCL share price and IOCL share price falling over 2% during morning tra

Petrol and diesel prices remained stable across major Indian cities on Thursday, July 9, with state-owned oil marketing companies retaining retail rates despite the recent rise in global crude oil price. The latest revision to domestic fuel prices wa

Petrol and diesel prices remained unchanged across India on Tuesday, July 7, with state-owned oil marketing companies maintaining retail fuel rates despite recent movement in the crude price in international markets. Indian Oil Corporation (IOCL), Bh

The Central government is expected to unveil a revamped Gold Monetisation Scheme (GMS) within the next two weeks, according to sources familiar with the matter. The proposed framework is aimed at mobilising more than 1,000 tonnes of idle household go

Petrol and diesel prices remained unchanged across major Indian cities on Friday, July 3, even as the global crude oil price continued to trade near four-month lows. State-run oil marketing companies (OMCs) kept retail fuel rates unchanged despite ea

Stocks exposed to movements in the crude oil price traded higher on 2 July, with tyre manufacturers and state-run oil marketing companies leading the gains after international oil prices extended their recent decline. The fall in the crude oil price

Petrol and diesel prices continued without any revision by state-owned oil marketing companies on 2 July, even after Nayara Energy announced lower retail fuel prices at its outlets. The development comes as the crude oil price has eased in recent ses

India imported 4.93 million barrels per day (bpd) of crude oil in June, marking the highest volume ever recorded for the month, according to data released by commodity analytics firm Kpler. The increase was largely driven by record purchases of Russi

Gold and silver prices fell sharply in early trade on the Multi-Commodity Exchange (MCX) on Wednesday, July 1, as a firmer U.S. dollar and rising U.S. Treasury yields reduced the appeal of precious metals. At around 9:10 am, MCX gold futures for A