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Jul 7, 2018, 06.54 AM IST

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Crude seen hitting $150 level, and oil investors are to be blamed

Brent crude oil rallied to an all-time high above $147 in 2008 on booming demand growth.

Gold imports drop 25% in June on rupee plunge

India's gold imports in the first half of 2018 fell 38 percent from a year ago to 318.2 tonnes.

Commodity outlook: Gold setup bullish, base metals' bearish

Here's a lowdown on how key commodities are likely to shape up in today's evening trade.

Oil slips towards $77 as Saudi boost, trade tensions weigh

The potential trade war between the United States and China comes amid a tight oil market.

Oil price spike or ignore Trump: China and India's big decision

China and India imported about 1.4 million barrels a day of Iranian crude in last 3 months.

Gold Rate Today: Gold, silver trade lower in morning deals

MCX Gold futures were trading 0.14 per cent lower at Rs 30,606 per 10 grams at 10:46 am (IST).

BULL'S EYE

Commodity outlook: Oil may see profit go off, mentha on same boat

Here's a look at how the key commodities are likely to square up today.

June tea prices up as production falls

India’s total tea production in the first five months of 2018 fell to 290 million kg from 315 kg a year ago.

Saudis lower oil price as Iran taunts Trump

“REDUCE PRICING NOW!,” Trump tweeted on Wednesday, accusing Oped of “doing little to help” lower pump prices.

Asia's oil refiners rush to deal with US-China trade war, looming Iran sanctions

Crude oil is listed as a US product that will receive an import tariff at an unspecified later date.

Gold trims losses on soft dollar after US tariffs take effect

US gold futures for August delivery slipped 0.1 per cent to $1,257.50 an ounce.

Commodity outlook: Buy gold on dips, sell natural gas on rise

Base metals continued to crack for yet another session, with copper and zinc sliding to fresh lows.

Gold exports down 13% post-GST

The 3 per cent GST has also led to a reduction in purchases by non-resident Indians (NRIs), according to jewellers.

Oil falls as Trump demands Opec cut prices

US West Texas Intermediate (WTI) crude futures were down 11 cents at $74.03.

Gold holds steady amid easing dollar ahead of Federal minutes

US gold futures for August delivery were 0.2 per cent higher at $1,255.70 an ounce.

Outlook of precious and base metals continues to be bearish

Base metals continued to be under pressure with copper and zinc taking the biggest hit.

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