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OPEC + announces production cut of 100,000 barrels per day

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According to data from the Tea Board, the CIS block, which has historically been the biggest importer, saw a little decline in exports over the current six-month period, from 21.04 million kg to 20.58 million kg.

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Sanjay Malhotra, the financial services secretary, gave out loan sanction letters to the recipients on Saturday in Pune, according to a statement from BoM.

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SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 24 points at the opening bell. Global markets: Overseas, Asian stocks are trading mixed on Tuesday ahead of the Reserve Bank of Australias rate decision. The Reserve Bank of Australia is expected to raise interest rates by a half point to 2.35%, as per reports. US […]

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OPEC+ will cut supply by 100,000 barrels per day from October

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Crude oil prices surged more than 2% in early Asia on Tuesday as OPEC and its allies including Russia agreed to reduce output by 100,000 barrels a day from October, amounting to roughly 0.1% of global demand. Decline in dollar index overseas also benefited the commodity. WTI crude oil futures were up 2.07% at $88.69 a barrel. Meanwhile, the EU countries energy ministers will meet […]

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On a month-over-month basis, though, IEX saw a 9% gain in August. The total volume of power traded in July 2021 was 7,151 MU.

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Founded in 2018, SenseHawk is an early-stage California-based developer of software-based management tools for the solar energy generation industry.

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Gold prices are extending recovery for the third day as waning risk sentiments improved appeal for the safe haven commodity. Prevailing recessionary worries on the back of bleak global economic data accompanied by energy crisis in Europe are hampering risk sentiment. Besides, pause on dollar rally tracking lower treasury yields awaiting Fed rate stance is also benefitting the yellow metal. Gold futures are quoting up […]

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The incremental loading in the month of August has been 8.69 MT i.e. a growth of 7.86%.

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