Commodities
June 15, 2021
34 views 47 secs 0

Oil rises as threat recedes of Iran supply resuming soon

By Administrator_ India Capital Sands Oil prices rose on Tuesday, with Brent gaining for a fourth consecutive session, as the prospect of extra supply coming to the market soon from Iran faded with talks dragging on over the United States rejoining a nuclear agreement with Tehran. Brent crude was up by 17 cents, or 0.2%, at […]

Commodities
May 21, 2021
62 views 2 mins 0

Oil edges up but set for weekly fall on Iran nuclear talks

By Administrator_ India Capital Sands Oil prices nudged up on Friday, recovering from three days of losses as investors braced for the return of Iranian crude supplies after officials said Iran and world powers made progress on talks to revive a 2015 nuclear deal. Brent crude futures for July rose 8 cents, or 0.1%, to $65.19 […]

Commodities
May 13, 2021
39 views 53 secs 0

Gold Up -Than-Expected U.S. Consumer Prices Increase Inflation

By Administrator_ India Capital Sands Gold was down on Thursday morning in Asia over higher-than-expected U.S. consumer prices for April, increasing concerns about higher inflation. Gold futures were down 0.34% to $1,816.65 by 11:42 PM ET (3:42 AM GMT). The benchmark U.S. 10-year Treasury yield climbed to its highest level in more than a month, after an auction of 10-year […]

Commodities
March 24, 2021
37 views 32 secs 0

Gold Up, Boosted by Strong Dollar and Fed Assurances on Inflation

By Administrator_ India Capital Sands Gold was up on Wednesday morning in Asia, with investors and Congress reassured by U.S. Federal Reserve Chair Jerome Powell that inflation will remain under control. Gold futures were up 0.34% at $1,730.90 by 11:48 PM ET. The dollar, which normally moves inversely to gold, inched up to a more […]

Commodities
February 16, 2021
43 views 2 mins 0

Oil Up, With U.S. Deep Freeze Impacting Texan Production

By Administrator_ India Capital Sands Oil was up Tuesday morning in Asia, after an unexpected cold snap impacted production in Texas, the biggest crude producing state in the biggest oil producer globally. Concerns also remain about supply in Saudi Arabia, the world’s biggest oil exporter, after Yemen’s Iran-aligned Houthi group said it struck airports in the country […]

Commodities
January 18, 2021
40 views 57 secs 0

Oil Steadies in Asia After Slumping on Weak U.S. Economic Data

By Administrator_ India Capital Sands Oil steadied near $52 a barrel in Asia after slumping the most in almost four weeks on a combination of a stronger dollar, weak U.S. economic data and a still-surging coronavirus. Futures in New York edged lower after tumbling 2.3% on Friday. U.S. consumer sentiment cooled more than forecast in […]