Commodities
ICEX, NMCE to merge, form India’s third biggest commodity bourse
03 Jul 2017
The merger will create India’s third largest commodities exchange, offering a wide range of contracts, including bullion, oil, rubber and other agri-commodities as also the world’s first diamond futures contract
Sebi allows Category-III alternative investment funds to enter commodity derivatives market
21 Jun 2017
Opec extends output cut by nine months
25 May 2017
The markets now fluctuate between an Opec gain and the rise in shale oil production, with prices moving in a narrow range
Oil prices dip on Trump move to sell strategic reserves
23 May 2017
The US strategic petroleum reserves stand at around 688 million barrels, a week's worth of global oil demand, and releasing half of these to already high and rising US production of 9.3 million bpd would worsen the glut
Archer Daniels Midland to buy controlling stake in smaller Israeli rival Industries Centers
09 May 2017
Crude prices hit 5-month lows as glut fears weigh
05 May 2017
Oil prices fell 3 per cent on Friday after prices crashed to five-month lows in the previous session amidst concerns of global oversupply
Gold surges to highest level in over a month
10 Jan 2017
Oil zooms above $50 a barrel on hopes of output deal
30 Nov 2016
The price rise results from a possible agreement by Russia to join an output cut; but a failure to reach an agreement could push oil below $25 a barrel, say analysts
14 states deregulate fruits and vegetables marketing
29 Nov 2016
The move has the potential to make available fruits and vegetables to consumers at reasonable prices while also enhancing farmers’ profit with their open choice of selling to anybody, anywhere
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