Commodities

Crude oil update

After three weeks of continuous advance, crude oil saw considerable red ink this week with the active August month future falling by $ 6.72 or 8.5% to $ 72.14/ barrel compared to a close of $78.86 last week.

Crude oil daily

  Prices closed in red on 4 out of 5 days More >

Crude oil price update

 

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 More >

Weekly crude oil update:June 12, 2010

 

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 More >

Sugar Decontrol

  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 More >