Natural gas prices tumbled more than 3% on Thursday after storage data from the government said that inventories of heating fuel were 17% higher than a year ago. According to the EIA weekly report, utilities drew a lower-than-forecast 100bcf, or bill

Gold prices witnessed some profit bookings on higher levels as the dollar firmed, following better-than-expected U.S. economic growth figures. However, hope of a slower rate hike from the U.S. Federal Reserve kept bullion on track for its fifth strai

Base metal prices surged higher on Friday, as a weaker dollar and hope of a slower rate hike supported prices. China kept benchmark lending rates unchanged for a fifth month as expected, but future cuts are possible as the central bank has pledged to

Global steel prices are set to stabilise in calendar 2023 on-year, after nearly halving from the highs touched last April as demand for the metal has softened. International steel prices have shrunk by over 40% to $570-590 per tonne in December 20

Crude oil prices traded flat on Friday but were on track with more than 4% gains for the week on solid signs of demand growth from the top importer China and expectations of a less aggressive interest rate rise in the US. MCX crude oil has contrib

The government may be wanting people to shift to electric vehicles (EVs) but India’s fuel demand only seems to be surging, thanks to rising passenger vehicle sales as well as owing to an uptick in industrial demand. Consumption of fuel, a

In what is being seen as a fallout of an export tax imposed by the government, India's exports of finished steel more than halved during the first nine months of the fiscal year that began in April 2022, according to the latest government data report

U.S. Natural Gas prices plunged to new 52-week lows despite a sharp drop in inventories data with continued forecasts for warmer than normal weather till late January. European gas prices also fell back to pre-war levels, as a bout of mild weather re

Gold prices rose as sentiments remained clouded by worries that aggressive interest rates could lead to an economic recession in the U.S. Prices also gained this week against the weaker dollar, which was in part dented by a less dovish than expected

Sky-high prices of agricultural commodities have forced the hand of the market regulator to suspend derivatives trading in them for another year. With inflation still high, the Securities and Exchange Board of India (SEBI) in a late night order pa

Copper prices fell on Thursday's session due to lower-than-expected industrial data from the world's top consumer, China, stoked demand concerns, while hawkish comments from the U.S. Federal Reserve's aggressive interest rate hikes dented market sent

India is sitting on the lowest wheat stocks in six years even as prices have jumped to a record high due to rising demand and falling inventories. Indian wheat stocks held in government warehouses for December fell to the lowest in six years, gove