Page 5 - Kedia Commodities News Today

Oil prices were steady on Wednesday as fears of tight supply were offset by COVID-19 concerns.

By Sonali Paul MELBOURNE (Reuters) - Oil prices rose again on Wednesday as the dollar slipped, with risk appetite returning as some governments resist imposing lockdowns to curb the spread of the Omicron COVID-19 variant and as China said it would be able to sustain economic growth.

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

Gold prices edged higher on Tuesday as a subdued U.S. dollar made bullion cheaper for holders of other currencies while the threat to global economy from a surge in the Omicron variant cases also...

Gold prices edged up on Thursday as the dollar eased, although hawkish comments by U.S. Federal Reserve policymakers dented the metal's appeal and kept it well below the key $1,800 mark.

Turnover in the June contract touched a new high of ₹226 crore

Cotton stock at MCX warehouse hit a new high on export demand March 08, 2021 × Cotton stock in MCX accredited warehouse has touched a new high of 2,16,600 bales as on March 5 against previous high of 2,14,700 bales logged on March 30, 2019. The rising stock at warehouse was on the back of increasing hedging activities as the export demand, especially from China, has hit a new high. China has a low inventory. Cotton prices have gained over 10 per cent so far this year following the firm trend ...