Edition:
India

Commodities

Russia ready to support oil output deal as OPEC meeting looms

Russia said on Friday it is ready to support extending a deal among oil producers on cutting output, less than a week before OPEC meets in Vienna to discuss policy, although it has yet to say how long it should be for.

More Stories Below

Commodity Chart

Commodity Futures

Energy Metals Agriculture
COMMODITY LAST CHANGE % CHANGE EXP DATE TIME 2-DAY TREND
MCX Crude Oil »
3,806.00 INR
+8.00
+0.21% Dec 17 11:54pm IST MCGBc1

More Commodity News

Libya says OPEC could decide to extend output cuts

Libya's foreign minister said on Friday that OPEC could decide to extend crude oil production cuts to balance the global oil market when the group meets next week, and that Libya would cooperate with such a decision.

Venezuela's PDVSA says making bond payments, urges trust

Venezuelan state oil company PDVSA said on Friday it was making last-minute payments on two bonds close to default, including one backed by shares in U.S.-based refiner Citgo, and called for "trust" as it seeks to maintain debt service amid a deepening economic crisis.

BASF in talks to combine oil unit with Fridman's DEA

BASF said it was in talks to combine its oil and gas unit Wintershall [WINT.UL] with DEA [RWEDE.UL], the energy group owned by Russian billionaire Mikhail Fridman, as the German group expands its core plastics and chemicals operations.

Nickel rally stalls, electric car boost some years away

A recognition that electric vehicles (EVs) are unlikely to move the nickel demand dial for some years, slowing demand from China's stainless steel mills and rising supplies have halted a frenzied price rally and are likely to keep weighing on prices.

Key Benchmarks

INDEX LAST CHANGE
Thomson Reuters CCI
.TRCCI
422.53 USD
5:30am IST
-0.59
(-0.14%)
Thomson Reuters CRB
.TRJCRB
192.21 USD
2:36am IST
+0.61
(+0.32%)
Baltic Dry Index
.BADI
1,445.00 USD
5:30am IST
+0.00
(+0.00%)
S&P GSCI
.SPGSCITR
2,475.44 USD
11:30am IST
+25.23
(+1.03%)

Markets

SENSEX » 33,679.24 +0.27%
NIFTY50 » 10,389.70 +0.40%
S&P » 2,602.42 +0.21%
Nikkei 225 » 22,550.85 +0.12%
Bonds
IN 10 YR
+7.002
+0.013
US 10YR
+2.344
+0.022
JP 10YR
+0.029
-0.001
INR / USD » 0.0155 -0.16%
INR / EUR » 0.0130 -0.83%
INR / GBP » 0.0116 -0.34%