Commodities News

Commodities
  • Raising output not on OPEC agenda now-UAE oil min
    - Reuters - Sat 07 Nov, 04:40 PM
    DUBAI (Reuters) - United Arab Emirates Oil Minister Mohammed al-Hamli said on Saturday raising oil production was not currently on the agenda for...
  • Gold prices close in Rs 17K/10 gram
    - Financial Express - Sat 07 Nov, 04:13 PM

    Gold prices spiked to a new high of Rs 16,900 per 10 gram in the bullion market here on strong marriage season demand amid firming global trends.

    Gold gained Rs 75 to close at Rs 16,900 per 10 gram, a level never seen before. The precious...

  • Wheat zone goes bananas
    - HT - Sat 07 Nov, 12:49 PM
    From the heartland of the Green Revolution comes a new evolution. The granary state of Punjab known for its prosperous wheat farmers is set to transform into a banana state, after the unqualified success of a small experiment with the...
  • INTERVIEW - Canada steps up oil sands push in United States
    - Reuters - Sat 07 Nov, 09:40 AM
    CALGARY, Alberta (Reuters) - Canada has mounted its biggest campaign yet to sell the United States on the energy security benefits of the oil sands as Washington debates new environmental policy, the country's energy minister said on...
  • GLOBAL MARKETS - Stocks shrug off data, gold hits high, oil sinks
    - Reuters - Sat 07 Nov, 06:10 AM
    NEW YORK (Reuters) - Global equity markets ended the week with gains on Friday, shrugging off initial shock at U.S. jobs data, but oil prices never fully...
  • Auto parts firms' margins likely to be hit in next 2 quarters
    - Indian Express - Sat 07 Nov, 03:07 AM
    Auto component makers in the country expect their profitability to be impacted by 3%-4% in the third and fourth quarters of the financial year, with commodity prices further looking north. The commodity prices, on an average, are expected to...

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