Commodity Research

The zinc futures contract on the Multi Commodity Exchange (MCX) is under pressure. The resistance — at ₹230 a kg — has halted the rally and the contract has reversed sharply lower in the past week.
Feb. 13, 2018, 12:19 p.m.

US crude oil production is set to increase by more than 1.2 million barrels per day in 2018 compared with 2017, according to the latest short-term forecasts from the US Energy Information Administration.
Feb. 8, 2018, 11:40 a.m.

Crude oil futures fell 0.77 per cent to Rs 4,145 per barrel today as participants reduced their exposure in tune with a weak trend in Asian markets.
Feb. 5, 2018, 2:51 p.m.

Oil prices on Monday extended declines from the end of last week amid a wider market sell-off and a stronger dollar, with Brent crude falling to its lowest in nearly a month.
Feb. 5, 2018, 12:42 p.m.

Crude oil futures fell Rs 25 to Rs 4,081 per barrel today as speculators reduced positions owing to a weak trend overseas.
Jan. 31, 2018, 2:11 p.m.

Since the group started their output cuts in January last year, it gradually emerged that they had a goal of returning inventories to a five-year average level
Jan. 28, 2018, 9 p.m.

Crude oil futures rose 0.96 per cent to Rs. 4,084 per barrel today as speculators raised their bets owing to a firm trend overseas.
Jan. 23, 2018, 11:43 a.m.

Oil prices climbed on Monday, pushed higher by comments from Saudi Arabia that cooperation between oil producers who are currently withholding supplies in an effort to prop up the market would continue beyond 2018.
Jan. 22, 2018, 10:52 a.m.

Crude oil futures slipped 0.39 per cent to Rs. 4,070 per barrel due to cutting down of positions by participants owing to a weak trend overseas.
Jan. 17, 2018, 10:45 a.m.

India’s basmati exports to the European Union (EU) are set to take a serious hit this year as the 28-member bloc has lowered the tolerance level for tricyclazole — a fungicide used by most basmati growers in the country — to very low levels, ignoring New Delhi’s plea for more time.
Jan. 17, 2018, 10:43 a.m.

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