Crude oil price update
Jun 27th
Chinese news of yuan free float (click here for MB update) had its affect on crude oil as well and NYMEX light sweet crude oil opened up and touched a high of $ 78.92/ barrel against last week’s close of $ 77.18. However it retreated back to $ 77.82 towards close as impact of the same was [...]
Weekly crude oil update:June 12, 2010
Jun 13th
Carrying over from the negative sentiment created by weaker than expected US Employment report last week, crude oil started the week on a lower note, but then steadily increased for the week.
Prices rose on 4 out of 5 days of the week. Oil inventories at US declined 1.8 mln barrels this week compared to 0.9 [...]
Sugar Decontrol
Jun 9th
Sugar Free: Move to decontrol the sweetner comes amid differences
Our analyst Rahul Sonthalia updates our readers regularly on the sectoral updates. Here are his views on the recent updates in sugar sector.
The move for sugar decontrol i.e removing levy quota has once again gained momentum because of dip in sugar prices aided by both improved domestic [...]