Crude oil prices extend gains on 8th day, brent crude remains above $110/bbl. Where are prices headed?
Brent crude held above $110 per barrel through an eighth straight session of gains, while MCX crude oil fell 0.60% to ₹9,426 per barrel on April 29. The divergence between global and domestic pricing signals currency and exchange-rate effects at play. Analysts weigh in on where prices go from here.
2mo ago · 1 min · Markets
Sugar Prices Settle Sharply Lower as Crude Oil Plummets
Sugar futures settled sharply lower after crude oil prices plummeted, disrupting the ethanol-sugar price link. Falling oil reduces the economic incentive for Brazilian mills to produce ethanol from cane, pointing toward higher sugar supply and lower prices.
2mo ago · 1 min · Markets
Alcoa Corporation Q1 2026 Earnings Call Summary
Alcoa Corporation conducted its Q1 2026 earnings call, covering results across its bauxite, alumina, and aluminum operations. As a benchmark name in the metals sector, its realized prices, margins, and production guidance are closely watched by commodity investors. Detailed financials are pending formal disclosure.
2mo ago · 1 min · Markets
There Are More Offers Than Bids For North Sea Oil
North Sea oil is seeing more sellers than buyers in the physical market, creating an offer-heavy imbalance. This dynamic puts downward pressure on Dated Brent, the global crude benchmark, and could compress margins for spot holders. A sustained imbalance would ripple into Brent-linked contracts across European and
2mo ago · 1 min · Markets
The 'debasement trade' has driven gold to new heights. Wells Fargo's bull case calls for $8,000 an ounce
Wells Fargo Securities analyst Ohsung Kwon argues gold's record rally is driven by the fourth currency debasement cycle, which began in 2022. His bull case targets $8,000 per ounce, framing the move as a structural rotation into hard assets amid fiat currency erosion.
2mo ago · 1 min · Markets
Sebi clears NSE’s investment in proposed National Coal Exchange; move to formalise coal trading
Sebi approved NSE's investment in a proposed National Coal Exchange, creating a regulated venue for transparent coal price discovery in India. The regulator also overhauled intermediary disqualification rules, removing complaint-triggered bans while tightening penalties upon conviction and requiring prompt disclosures.
2mo ago · 1 min · Markets
West Asia conflict may affect fertiliser supply
West Asia conflict is flagging potential disruptions to fertiliser supply chains, with risks concentrated in production and transit routes through the region. Import-dependent agricultural markets face the sharpest exposure, as tighter supply could lift input costs and pressure farm margins. Fertiliser spot prices and
2mo ago · 1 min · Global Affairs
Gold rises 60% since last Akshaya Tritiya. Should you invest this year amid Iran war uncertainty?
Gold prices have climbed nearly 60% since Akshaya Tritiya 2024, driven by central bank buying, rising global debt, and Middle East geopolitical risk. Near-term gains face headwinds from interest rate uncertainty, complicating the entry calculus for festival-season buyers. Analysts frame gold as a structural hedge rathe
2mo ago · 1 min · Markets
Chinese chemical producer Hengyi's profit jumps 40-fold on Iran war
Chinese chemical producer Hengyi Industries posted a profit increase of approximately 40 times its prior-year level, linked to market conditions arising from the Iran conflict. The result signals significant exposure to Middle East-driven commodity and supply-chain shifts within China's petrochemical sector.
2mo ago · 1 min · Business
Silver rises Rs 2,200, gold at Rs 1.54 lakh as Iran war peace talks, falling oil lifts mood. Key levels to watch today
Gold touched Rs 1.54 lakh and silver surged Rs 2,200 on MCX, boosted by falling crude oil prices and hopes of U.S.-Iran peace talks lifting commodity sentiment. Currency fluctuations and oil volatility remain key risk factors for the rally's durability. Analysts recommend a buy-on-dips strategy pending further geopolit
2mo ago · 1 min · Markets