Petrol pump operators warn to go on strike again from Oct 1
Jaipur, Sep 29 (IANS) The petrol pump operators in Rajasthan are preparing to go on strike again from October 1. A Rajasthan Petroleum Dealers Association … Read more
commodities
Zinc prices have surged by over 4% in recent trading sessions
Positive Data and Stimulus Measures: The rally in prices has been supported by positive data, including a decline in exchange stocks and a weakening U.S. … Read more
‘Overbought’ oil down 2%’; more downside likely if bond selloff continues
Investing.com – “When push comes to shove” — the phrase seems to be making itself evident with the oil market, where the sharpest correction in … Read more
US emergency oil reserve at 40-year low
New York, Sep 28 (IANS) The US’s emergency oil stockpile has plunged to a 40-year low as the shrinking Strategic Petroleum Reserve is limiting Washington’s … Read more
Gold prices wallow under $1,900 as Fed fears buoy dollar, yields
Investing.com– Gold prices moved little on Thursday, but hovered around six-month lows as concerns over rising U.S. interest rates kept investors largely biased to the … Read more
Oil up over 3% as U.S. storage draws defy lower fuel demand
Investing.com – Oil prices jumped more than 3% Wednesday, with U.S. crude hitting a 10-month high above $94 a barrel, as traders responded to another … Read more
U.S. crude oil stocks fell further last week, gasoline and distillates rose – EIA
Investing.com – U.S. stockpiles of crude oil fell last week for a second week in a row while inventories of fuel products gasoline and distillates … Read more
Gold prices weaken, spot slips below $1,900 as rate hike fears persist
Investing.com– Gold prices fell below key levels on Wednesday, extending a recent slump as persistent fears of rising interest rates, following hawkish signals from the … Read more
U.S. crude stocks up 1.6M barrels, gasoline, distillates down – API
Investing.com — U.S. rose in the just-ended week, after tumbling the prior week, while inventories of fuel products gasoline and distillates extended their declines, according … Read more
Oil prices lower on strong dollar; Fed, China fears dent outlook
Investing.com — Oil prices retreated Tuesday, falling further from recent highs as a higher U.S. dollar added to concerns of weakening economic activity as the … Read more