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Oil is unsteady following a near-6% drop due to economic concerns 0

June 20, 2022

Early on Monday, oil prices fell as investors refocused on tight supply, however, the mood remained shaky following a 6% drop the previous day on fears about slowing global economic growth and fuel demand. Brent oil futures were up 20 cents, or 0.2 percent, to $113.32 a barrel at 0105 GMT, after jumping as high

Oil prices dropped as the US rate hiked, but constrained supply remains a concern 0

Economy

June 17, 2022

Oil prices fell on Thursday, erasing early gains and heading down, a day after a drop sparked by a US interest rate rise, albeit tight supplies restricted losses. Brent crude prices were down 45 cents, or 0.4 percent, to $118.06 a barrel by 0906 GMT, while WTI crude futures were down 44 cents to $114.87,

According to SEA, India’s palm oil imports fell 33% to 514,022 tonne in May 0

Economy

June 15, 2022

In May of this year, India’s palm oil imports fell by 33.20 percent to Rs 5,14,022 tonnes, while refineries sent more RBD palmolein oil, according to the industry group Solvent Extractors Association (SEA). In May 2021, India, the world’s largest importer of vegetable oils, bought 7,69,602 tonnes of palm oils. This year in May, the

PM Modi said the BJP would continue to strive for Assam’s growth 0
- India
- June 13, 2022
Prime Minister Narendra Modi hailed the BJP’s historic win in the Karbi Anglong Autonomous Council (KAAC) elections and said that the party will continue to strive for Assam’s advancement. Modi made the following statement on Twitter late Sunday: “Historic results in Karbi Anglong! I thank the people for their continuous faith in BJP and assure
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India has recorded 7,584 Covid cases, with 24 additional deaths in a single day 0
- Covid19
- June 10, 2022
According to statistics published on Friday by the Union Health Ministry, India’s COVID-19 case count grew by 7,584 in a day to 4,32,05,106, with 36,267 active cases. According to figures updated at 8 a.m., the death toll has risen to 5,24,747, with 24 additional deaths. The active case tally increased by 3,769 and now comprise
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On strong US demand and China optimism, oil is hovering near a 13-week high 0
- Market
- June 9, 2022
On Thursday, oil prices remained at 13-week highs, supported by strong demand in the world’s largest consumer, the United States, while demand in China is likely to increase as COVID-19 limits in key cities are eased. By 0033 GMT, Brent oil futures had risen 12 cents to $123.70 a barrel, while U.S. West Texas Intermediate
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