By Administrator_India Capital Sands Oil was mixed on Wednesday morning in Asia, with producers shutting off most offshore output in the Gulf of Mexico ahead of Hurrican Laura. Brent oil futures were up 0.24% to $46.40 by 12:06 AM ET (5:06 AM GMT) and WTI Futures inched down 0.02% to $43.34. As many as 310 offshore facilities have […]
By Administrator_India Capital Sands Gold prices plunged by Rs 1,492 to Rs 52,819 per 10 grams on Thursday in the national capital in line with sell-off in international prices of the precious metal, according to HDFC Securities. The yellow metal had closed at Rs 54,311 per 10 grams in the previous trade. Silver also witnessed weak […]
By Administrator_India Capital Sands Gold was up on Wednesday morning in Asia, with investor worries about rising numbers of COVID-19 cases globally and expectations of further stimulus measures giving the yellow metal a boost. The number of cases topped 9.2 million as of June 24, according to Johns Hopkins University data. Gold futures were up by […]
By Administrator_India Capital Sands Oil prices rose on Friday as more countries began easing lockdowns set in place to stop the coronavirus spreading, giving hope that demand for fuels will pick up after the economic devastation caused by the pandemic. Brent crude was up 47 cents, or 1.5%, at $29.33 a barrel by 0121 GMT, […]
By Ritu, Capital Sands Iraq has yet to inform its regular oil buyers of cuts to its exports, suggesting it is struggling to fully implement an OPEC deal with Russia and other producers on a record supply cut, traders and industry sources said. Less than full compliance by Iraq, as well as by smaller producers […]
By Ritu, Capital Sands Oil prices jumped again on Tuesday on hopes for a recovery in vehicle traffic and fuel demand as some European and Asian countries along with several U.S. states began to ease coronavirus lockdown measures. WTI crude CLc1 futures were up 9.6%, or $1.95, at $22.34 per barrel 1000 GMT. The U.S. […]
By Administrator_India Capital Sands India’s gold imports plunged 99.9% year-on-year in April to their lowest in nearly three decades as air travel was banned and jewellery shops were closed amid a nationwide lockdown to curb the spread of coronavirus, a government source said. The world’s second biggest consumer of the precious metal imported around 50 […]