Commodity

Exports of oil products to Europe increased by 10% in June

Exports of oil products to Europe increased by 10% in June

Ashwin Mehta Jul 6, 2024 0 75

Exports to Europe increased by nearly 10% to 194,206 barrels per day last month,...

Asian markets see a fall in Oil prices, Copper down to 8-week low on China data

Asian markets see a fall in Oil prices, Copper down to ...

Ashwin Mehta Jun 18, 2024 0 107

Owing to weak consumer demand from the US and high May crude production in China...

Oil producers, primarily the Saudis, decided to continue reducing supply in response to low prices.

Oil producers, primarily the Saudis, decided to continu...

Ashwin Mehta Jun 3, 2024 0 132

The OPEC+ announcement did not address the fate of another group of voluntary cu...

Oil's three-day winning streak comes to an end as it plunges by 2% due to weak US demand; Brent experiences a 6% decline in May before the OPEC+ decision.

Oil's three-day winning streak comes to an end as it pl...

Ashwin Mehta May 31, 2024 0 120

Both oil benchmarks are set to experience monthly losses, as Brent futures are e...

Oil prices remained largely unchanged as markets awaited the OPEC+ meeting.

Oil prices remained largely unchanged as markets awaite...

Preeti Sharma May 28, 2024 0 116

The price of the Brent crude July contract rose by 11 cents to reach $82.23 per ...

India's recent progress in oil palm cultivation seems promising.

India's recent progress in oil palm cultivation seems p...

Ashwin Mehta May 25, 2024 0 99

There is a great opportunity to expand the crop to an additional 4-5 lakh hectar...