16 new distilleries worth Rs 1,250.44 crore to come up in UP this year
Companies that are investing in the distillery business include DCM Shriram, Balrampur Chini, Dhampur Sugar, Dalmia Bharat and Rana group.
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Chevron Won’t Cut Oil & Gas Business For Renewables
Unlike European supermajors, U.S. Chevron doesn’t have any plans to reduce its oil and gas business to invest in solar or wind power, chief financial officer Pierre Breber said at a Reuters...
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Oil futures finish slightly higher as OPEC+ output decision looms
Oil futures settled with a modest gain on Thursday, with traders weighing the outlook for energy demand as well as a decision by the Organization of the Petroleum Exporting Countries and...
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Crude Oil Lower; Next Week's OPEC Meeting Eyed
By Peter Nurse Investing.com -- Crude oil prices edged lower Thursday, as traders contemplated the possibility of additional supply being announced at next week’s meeting of top...
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OPEC+ Weighs Cautious Supply Hike as Oil Market Begs for Barrels
(Bloomberg) -- The global oil market is calling out for a substantial increase in supplies, but OPEC+ is expected to provide only a fraction of what consumers are demanding. International...
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Futures Movers: Oil edges lower, hovering below 2 1/2-year high
Oil futures edge lower Thursday, but remain not far off highs as investors gauge rising demand.
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Daily Gold News: Thursday, June 24 – Gold Going Sideways
Right now gold is 0.2% higher, as it is trading along yesterday’s closing price. What about the other precious metals?
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Sarda Proteins reports standalone net loss of Rs 0.12 crore in the March 2021 quarter
Sales decline 72.49% to Rs 0.52 crore
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RBI allows jewellers to repay part of gold loan with physical gold
Banks shall provide an option to the borrower to repay a part of the GML in physical gold in lots of one kg or more, noted the RBI circular issued on Wednesday
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Crude Oil Price Update – Showing Signs of Weakness with Trader Reaction to $62.67 Setting the Tone
The direction of the September WTI crude oil market on Thursday is likely to be determined by trader reaction to $72.67.
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Oil Up, Investors Digest Fifth Week of U.S. Crude Stockpile Draws
By Gina Lee Investing.com – Oil was up Thursday morning in Asia, with continuously shrinking U.S. crude and fuel supplies contributing to the brightening fuel demand outlook. Brent oil...
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Gold Down, Investors Await U.S. Economic Data to Get Better Inflation Picture
By Gina Lee Investing.com – Gold was down on Thursday morning in Asia as investors await U.S. economic data to gauge inflationary pressures further. A strengthening dollar also put a dent in...
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Oil Holds Above $73 as Shrinking U.S. Stockpiles Tighten Market
(Bloomberg) -- Oil held above $73 a barrel as shrinking U.S. crude and fuel stockpiles added to bullish sentiment around the global demand recovery. Futures in New York were steady after...
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Gold price today at Rs 46,150 per 10 gm, silver trending at Rs 67,900 a kg
In New Delhi, the price of 22-carat gold was at Rs 46,250 per 10 gm. In Chennai it is at Rs 44,550.
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Oil Prices Set To Head Even Higher As Market Tightens
Solid oil demand is driving up the spot crude prices in every part of the world. This is a clear indication that the physical oil market is finally catching up with the recent rally in the...
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Is This The Most Exciting Gold Play of 2021?
If you’re wondering where in the world you can find an unimaginably vast territory rich not only in gold but in all the metals deemed strategic for the 21st-century economy, yet still...
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Chairman Powell Speaks but it Seems Gold Traders Continue to not Listen
Yesterday for the first time since the FOMC meeting concluded and Powell held a press conference, he spoke, this was during a congressional testimony.
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Canada's Oil Sands Production Is Roaring Back
Canada's oil sands production has come roaring back, and according to IHS Markit, output is returning to pre-pandemic levels after a particularly difficult year that involved not only the...
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Will Canada’s Oil Sands Survive The Green Revolution?
Canada’s climate is heating up at a rate twice as fast as the rest of the world. In order to avoid the worst impacts of climate change, experts have determined that it’s imperative to keep...
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Silver Price Prediction – Prices Consolidate in Downtrend
Inflation is tame relative to pre-pandemic levels
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Iraq fully cancels pre-paid oil deal with China’s Zhenhua, sells crude to other customers
Iraq has scrapped a $2 billion pre-paid oil supply agreement with China’s state-owned Zhenhua Oil Co. and sold the crude earmarked for the deal to other customers, as Baghdad seeks to take...
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Canada’s 2030 climate goals challenging to achieve, says budgetary watchdog
Canada faces a challenge hitting its 2030 target to cut carbon emissions 40-45% below 2005 levels because of the speed and scale of changes needed to decarbonize the economy, the country’s...
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IOOC begins production from giant Asmari oil reservoir
Iranian Offshore Oil Company (IOOC) has announced the beginning of production from the country’s giant Asmari oil reservoir in the southern Abouzar field, Shana reported. According to Javad...
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Nigeria’s oil bill faces more delay over demands for big changes
A week before the latest deadline to pass Nigeria’s long-awaited oil overhaul bill, demands for big changes, including from community leaders seeking an increased share of revenues, could...
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India’s crude oil output slips 6.3% in May, gas production jumps
India’s crude oil output fell 6.3 per cent in May after state-owned ONGC produced nearly a tenth less due to cyclone ‘Tauktae’, government data showed on Tuesday. Crude oil production at...
