Tag «Commodities»

Oil prices are falling as Joe Biden advocates for lower US fuel prices

Brent crude prices

As U.S. President Joe Biden pushed for lower fuel prices, putting pressure on significant U.S. corporations to lessen the burden on drivers during the nation’s peak summer demand, oil prices fell in early trade on Wednesday. While Brent crude prices declined $1.33, or 1.2 percent, to $113.32 a barrel at 0031 GMT, U.S. West Texas …

Understanding the Share Market And Effectivity of Share Tips

Capital Varsity

Share market is where fortune is made and destroyed ordinary. Some might acquire their fortune and some others may be free to profundities. This market is regarding numbers and figures. Being a virtual space to exchange supplies of different organizations, it has assembled colossal consideration of numerous as of late. To begin exchanging on an …

Record rally in crude prices sends petrol up 30 paise, diesel 37 paise; LPG surges by Rs 15

Record rally in crude prices sends petrol up 30 paise, diesel 37 paise; LPG surges by Rs 15

By Administrator_India Capital Sands Fuel prices kept on breaking records with petrol being raised by 26 to 30 paise and diesel by 34 to 37 paise across the country on Wednesday on the back of crude oil soaring to 2014 highs in the international markets. The latest round of hike sent the petrol price in …

Oil bulls take charge as demand outlook improves, Brent up a fifth day

Oil Up, Fuel Demand Outlook Clears Over Full Vaccine Approval

By Administrator_India Capital Sands Oil prices rose on Wednesday, with Brent gaining for a fifth consecutive session, as falling stockpiles and a recovery in demand encouraged investors. Brent crude was up 69 cents, or 0.9%, at $74.68 a barrel by 0200 GMT, having risen 1.6% on Tuesday. U.S. crude gained 66 cents, or 0.9%, to $72.78 a …

Gold Treads Water as Investors Await U.S. Inflation Report

Gold Treads Water as Investors Await U.S. Inflation Report

By Administrator_India Capital Sands Gold steadied as investors await Thursday’s U.S. inflation report that may provide clues on the Federal Reserve’s monetary policy path. On Wednesday, the 10-year Treasury yield fell below 1.5% for the first time in a month, helped by a strong auction, while the rate on the U.S. long bond dropped to a level …

Oil rises on falling crude stocks, demand hopes on stimulus and vaccine rollouts

Oil rises on falling crude stocks, demand hopes on stimulus and vaccine rollouts

By Administrator_India Capital Sands Oil rose in early trade on Wednesday on expectations global oil stocks will fall back to more normal levels this year and as U.S. lawmakers moved closer to approving President Joe Biden’s $1.9 trillion COVID-19 aid bill without Republican support. U.S. West Texas Intermediate (WTI) crude futures climbed 11 cents, or …

Oil slips on demand worries as COVID-19 lockdowns tighten in Europe

Oil Up, Fuel Demand Outlook Clears Over Full Vaccine Approval

By Administrator_India Capital Sands Oil prices dipped in early trade on Tuesday, with demand worries due to tighter lockdowns in Europe outweighing relief from vaccination rollouts and concerns about a flare-up of tension in the Middle East. U.S. West Texas Intermediate (WTI) crude futures fell 16 cents, or 0.3%, to $46.83 a barrel at 0158 …