Commodities News

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

State-owned oil marketing companies (OMCs) have reduced aviation turbine fuel (ATF) prices by around ₹5 per litre with effect from July 1, offering relief to domestic airlines after fuel costs climbed sharply during the recent conflict in West Asia

Petrol and diesel prices remained unchanged across the country on Wednesday, July 1, even as global crude oil prices eased following reduced geopolitical tensions in West Asia. Oil marketing companies (OMCs) kept retail fuel rates unchanged after mul

Petrol and diesel prices remained unchanged across the country on Tuesday, June 30, even as global crude oil prices stayed firm ahead of diplomatic discussions between the U.S. and Iran over the Strait of Hormuz, one of the world’s busiest oil tran

Petrol and diesel prices remained unchanged across major Indian cities on June 29 even as global crude oil prices traded near $73 per barrel following signs of easing tensions between the U.S. and Iran. Domestic fuel prices have not been revised d

Shares of several metal companies remained under pressure on Thursday, extending losses for a third consecutive trading session as weakness in global commodity prices continued to weigh on investor sentiment. Stocks such as Vedanta, Hindusta