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|Latest news from Commodities|
Brent rises near $95 after China PMI, but glut caps gains
Brent rises above $95 after China PMI, but glut caps gains
Despite climb to price parity, diesel still risky for retailers
Last fortnight, an event went strangely unacknowledged. Diesel price in India had finally scaled up to reach parity with global prices. The occasion should have been celebrated by oil marketingMore
Petrol is cheaper by 65p/litre
In line with the continuing fall in global crude oil prices, oil marketing companies (OMCs) on Tuesday cut petrol prices by 65 paise/litre, prices of non-subsidised cooking gas by Rs 21 a cylinder andMore
Kunal Kumar Kundu: The LPG roadblock
With the recent easing of crude prices, the policy of monthly incremental changes in the retail price of diesel is on the verge of paying off. As of now, the under-recovery for every litre of dieselMore
Brent slips further below $97 because of ample supply
Oil minister may discuss gas pricing in cabinet meet - sources
Futures market sees hope in forward trades
Amid falling volumes and other uncertainties in the commodities derivatives market, there are some encouraging developments. One is the introduction of forward trading.
Falling crude prices helps India control fiscal deficit
Brent falls back below $98 on sluggish demand, ample supply