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Commodities News
Commodities
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Shell in talks to buy 10 pct of Essar Oil - report
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Reuters
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Sat 21 Nov, 02:30 PM
MUMBAI (Reuters) - Royal Dutch Shell is in talks to buy 10 percent of India's Essar Oil as part of a deal where it would sell three European refineries to the Indian firm, the Economic Times reported on Saturday, citing people with knowledge of the...
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Four US firms on RIL's radar
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Indian Express
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Sat 21 Nov, 03:28 AM
Reliance Industries Ltd (RIL), which is eyeing multi-fold growth and a more widespread global footprint, is targeting US oil refining & marketing companies like Tesoro Corp, Delek US Holdings, Sunoco Inc and Valero Energy Corp for possible...
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Non-ferrous metals on Reliance-SX radar
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Indian Express
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Sat 21 Nov, 03:22 AM
Reliance Spot Exchange (R-SX), a part of the Anil Dhirubhai Ambani Group, is looking to add non-ferrous metals like copper, zinc and aluminium to its portfolio soon. The spot exchange, which has recently started trading in pepper, has applied for...
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Oil slips below $77 on dollar rise, equities slide
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Reuters
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Sat 21 Nov, 02:30 AM
NEW YORK (Reuters) - Oil prices slipped nearly 1 percent to below $77 a barrel on Friday as a stronger dollar weighed on prices and falling equities raised concern about the economy and the outlook for energy...
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Govt won't import rice as of now: Sharma
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Financial Express
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Fri 20 Nov, 07:26 PM
The government said it will not import rice for the time being as it has enough stocks of the food grain, but kept the option open to meet needs in the future. "We are not importing. We have adequate stocks. We will review if there is any...
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Gold surges to Rs 17,500 per 10 gm
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Financial Express
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Fri 20 Nov, 07:26 PM
Continuing its record setting spree, gold surged by Rs 100 and touched a new high of Rs 17,500 per 10 gram in the bullion market here on heavy buying by jewellery makers amid firming global trend. Silver coins also rose to an all-time high...
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