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Gold plummets on selling pressure (20 March 04:38) |
| Selling pressure gathered momentum as gold prices fell the most in six weeks in New York last evening on dollar rally |
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Oil slumps on strong dollar (19 March 09:31) |
| New York’s main contract, light sweet crude for April delivery, fell 29 cents to $81.91 a barrel |
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Gold buying remains slack price declines eyed (18 March 02:32) |
| Local gold prices traded steady, tracking the international market and the weak currency, which makes the dollar-quoted asset expensive |
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Gold trades flat on rupee global cues (18 March 10:40) |
| The most-traded April gold contract on Multi Commodity Exchange was flat at 16,687 rupees per 10 grams at 10:46am |
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Oil below $83 after 1 surge on EIA data Opec (18 March 08:24) |
| Oil got a boost on Wednesday from the US Energy Information Administration’s report showing that oil product demand in the world’s top energy consumer was up 3.5% last week from a year a... |
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Soap wars Hindustan Unilever may face earnings margin erosion (17 March 09:41) |
| News flow on pricing in detergents, spillover of pricing war in other categories to decide course of stock price |
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Opec agrees to maintain oil output level (17 March 03:34) |
| Opec’s 12 member countries have in recent days pointed to high oil inventories, low demand and recovering crude prices for reasons why the cartel which pumps 40% of the world’s oil doe... |
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Gold demand retreats prices up on festival buying (17 March 02:28) |
| Overseas gold also extended gains as a US Federal Reserve decision to hold interest rates unchanged hit the US dollar and burnished the metal’s investment appeal |
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Oil above $82 as traders eye US supplies Opec (17 March 11:00) |
| Inventories of gasoline and distillates fell, the API said |
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Oil market tightening Opec may not need to act-Saudi (16 March 03:32) |
| Opec is due to meet in September and December |
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Retail gold buying continues on festival day (16 March 01:47) |
| Spot gold up at $1,112.90 an ounce; London Brent crude down at $77.55 a barrel |
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Oil steadies below $80 as traders eye Fed Opec (16 March 10:50) |
| With the dollar also flat against the euro, after gains the previous day on worries about debt problems in Greece, there was little reason for oil prices to move |
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Gold up on fresh buying positive global cues (15 March 07:07) |
| Standard gold rose by Rs60 per 10 grams to close at Rs16,505 from last weekend’s closing level of Rs16,445 |
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Food Corp to start e-auction of wheat on 16 March (15 March 04:19) |
| FCI will be using National Spot Exchange Ltd platform under the open market sales scheme for the auction |
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Gold buying extends for second day (15 March 01:57) |
| Spot gold up at $1,106.15 an ounce; London Brent crude flat at $79.41 a barrel; rupee weak at Rs45.565 per dollar |
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Oil eases below $81 on US data eyes Fed decision (15 March 08:20) |
| By 8:03am, US crude for April delivery had fallen 47 cents to $80.77 per barrel, after settling at $81.24 on Friday |
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Slowdown in container growth rebound likely next month (14 March 09:30) |
| This is in line with the historical trend of sluggish growth seen during February, followed by a much steeper sequential growth in March |
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Revival in spot power prices trend to last through summers (14 March 09:30) |
| Firmness a sign of market tightening, pickup in power prices follows a decline of almost three quarters |
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Govt may bid out oil shale blocks by 2012 (14 March 09:30) |
| The auctions will be carried out on the format of Nelp, says the director general of hydrocarbons |
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Gold drops on weak global cues silver too falls (13 March 04:36) |
| Standard gold fell by Rs155 per ten grams to end at Rs16,445 from its previous closing level of Rs16,600 |
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In the short term crude prices will continue to remain weak (13 March 11:41) |
| Kuljeet Kataria, vice-president of commodities at Motilal Oswal Financial Services Ltd says that a sustained rise in oil prices will only take place when economic recovery in developed count... |
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Rapid Fire In the short term crude prices will continue to remain weak (12 March 09:10) |
| Kuljeet Kataria, vice-president of commodities at Motilal Oswal Financial Services Ltd says that a sustained rise in oil prices will only take place when economic recovery in developed count... |
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Gold climbs towards $1120oz as dollar slips (12 March 04:46) |
| Traders are awaiting fresh direction from US retail sales data for February, a key measure of consumer optimism in the world’s largest economy |
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Oil rises above $82 on dollar demand prospects (12 March 04:20) |
| Chinese crude imports soared to their second-highest daily average on record in February, customs data showed on Wednesday |
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Gold ETF collection in Feb up 86 to 9622T (12 March 11:41) |
| The gold collections under ETFs are growing, but they remain miniscule against imports of about 400-700 tonnes annually |
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Oil steady above $82 set for 2nd weekly gain (12 March 08:34) |
| Chinese crude imports soared to their second-highest daily average on record in February, customs data showed on Wednesday |
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Outlook for sugar industry uncertain (11 March 10:50) |
| In January, sugar prices were headed up, with government action to cool prices and higher production being the key risks |
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Internal accruals adequate for NMDC plans FPO unnecessary (11 March 09:12) |
| The leading iron ore producer had cash and cash equivalents of Rs12,000 crore at the end of December |
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Oil slips from $82 Opec expected to maintain output (11 March 08:42) |
| Falling fuel inventories in the United States and the first few weekly gains in total demand in one-and-a-half years have bolstered the view that the market will absorb ample supplies |
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Indian importers abandon deals as sugar prices fall (10 March 06:38) |
| New York sugar futures extended their decline to 6.7% on Wednesday and traders said weaker demand from India was a key factor |
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Oil struggles for clear direction from $8150 (10 March 03:56) |
| More indications on global supply and demand should come from Opec’s March report expected later on Wednesday |
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Gold demand abates after pick-up a day earlier (10 March 02:41) |
| A strong rupee, which makes the dollar-quoted asset cheaper, helped sentiment |
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Oil edges up towards $82 on China import surge (10 March 10:57) |
| China imported 18.5 million tonnes of crude in February, up 8.2% from January, the country’s General Administration of Customs said on Wednesday |
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Gold buying cools off after pick-up (09 March 02:13) |
| Gold hardly moved on Tuesday as early bargain hunting subsided, and dealers said a weaker US dollar was probably needed to help the metal break free from its current range |
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Oil falls from 8-week high on US stock-build forecast (09 March 09:58) |
| US crude inventories gained 1.9 million barrels in the week to 5 March, the poll showed, while gasoline stockpiles may have increased by 300,000 barrels |
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ECBs Trichet says global exit doesnt signal rate increase (08 March 10:11) |
| Trichet said central banks worldwide were not in a position to take a common decision on the issue |
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Gold traders step up to hedging on bourses (08 March 03:05) |
| Gold futures, which struck a record high in December last year, has been on a downtrend this year on a strong dollar overseas, which dims the yellow metal’s appeal as an alternative invest... |
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Oil near 8-week high on weak dollar technicals (08 March 12:42) |
| Traders and analysts say currency movements could dominate oil prices as demand strength stays unclear during the recovery |
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Oil breaches $82 on US jobs data (08 March 10:16) |
| New York’s main contract, light sweet crude for delivery in April, added 47 cents to $81.97 a barrel |
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Dismantling petroleum subsidies (05 March 09:03) |
| Petroleum Product Subsidies: Costly, Inequitable and Rising By David Coady, Robert Gillingham, Rolando Ossowski, John Piotrowski, Shamsuddin Tareq and Justin Tyson IMF Staff Position Note |
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Oil rises towards $81 China signals stimulus (05 March 03:57) |
| China’s Premier Wen Jiabao, in his annual address to the National People’s Congress, said the world’s second-largest oil consumer will continue an appropriately easy monetary stance an... |
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Gold buying abates as traders await dips (05 March 12:43) |
| International gold, which guides the domestic market, was $1,132.85/1,133.85 an ounce as against the previous close of $1,131.45/1,132.25 an ounce |
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Oil rises towards $81 as China signals continued stimulus (05 March 08:58) |
| A stronger dollar tends to pressure oil because it makes dollar-denominated commodities more expensive for other currency holders |
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Oil slips from seven-week highs as dollar rises (04 March 02:17) |
| Total oil demand in the world’s top consuming nation grew 0.3% in the past four weeks from a year earlier, US government data showed on Wednesday |
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Oil steady near 7-week highs as economy recovers (04 March 09:18) |
| Total oil demand in the world’s top consuming nation grew 0.3% in the past four weeks from a year earlier, US government data showed on Wednesday |
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Gold demand stays weak as prices jump (03 March 02:27) |
| The most-active April gold contract on the Multi Commodity Exchange (MCX) was trading 0.03% higher at Rs17,025 per 10 grams, after gaining over 1% in the last session |
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Oil steady below $80 after mixed US inventory report (03 March 09:15) |
| The front-month US contract on Tuesday hit a seven-week intra-day high of $80.95 after the euro rebounded from a 9-month low against the dollar |
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Whats dearer (02 March 11:44) |
| A glimpse of how much extra consumers will have to pay for which brand |
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Gold demand muted traders await price dips (02 March 03:51) |
| International spot gold, which guides the domestic market, was $1,116.30/1,117.30 an ounce at 2:31pm |
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Oil steady below $79 as dollar remains firm (02 March 10:37) |
| The front-month contract for US crude touched $80.62 on Monday, its highest since 13 January, tracking commodity gains led by copper and after Chilean state energy company ENAP said it was b... |
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