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Crude oil tops $100 as Russian forces invade Ukraine; Gold prices rise sharply

Crude oil tops $100 as Russian forces invade Ukraine; Gold prices rise sharply

by Administrator_India | Feb 24, 2022 | Commodity

Global crude oil and gold prices soared on February 24 after Russian President Vladimir Putin announced military action in Eastern Ukraine but iterated that he does not plan to occupy Ukraine. Russia’s action comes days after the country recognized the independence of...
Equities & oil prices sink as Omicron makes waves

Equities & oil prices sink as Omicron makes waves

by Administrator_India | Dec 20, 2021 | Commodity

By Administrator_India Capital Sands Asian share markets fell and oil prices slid on Monday as surging Omicron COVID-19 cases triggered tighter curbs in Europe and threatened to swamp the global economy into the New Year. Beijing lightened the mood a little by cutting...
Saudis cut oil prices to woo buyers as OPEC+ boosts supply

Saudis cut oil prices to woo buyers as OPEC+ boosts supply

by Administrator_India | Sep 6, 2021 | Commodity

By Administrator_ India Capital Sands Saudi Arabia cut oil prices for sales to Asia next month by more than twice the expected amount in a sign the world’s largest crude exporter wants to entice buyers to take more of its barrels. State producer Saudi Aramco is...
Gold prices slip to over 4-month low on early US Fed tapering fears

Gold prices slip to over 4-month low on early US Fed tapering fears

by Administrator_India | Aug 10, 2021 | Commodity

By Administrator_ India Capital Sands Gold slipped to a more than four-month low on Monday as solid U.S. jobs data stoked concerns of a sooner-than-expected interest rate hike, which could increase the opportunity cost of holding non-interest-bearing bullion....
Gold Up, Looks to End Week With Third Consecutive Weekly Gain

Gold Up, Looks to End Week With Third Consecutive Weekly Gain

by Administrator_India | Jul 9, 2021 | Commodity

By Administrator_India Capital Sands Gold was up on Friday morning in Asia and is set to end the week with its third consecutive weekly gain. A drop in U.S. Treasury yields also gave the safe-haven yellow metal a boost while the dollar, which usually moves inversely...
Saudis cut oil prices to woo buyers as OPEC+ boosts supply

Oil Up, OPEC+ Delays Meeting on Production Policy

by Administrator_India | Jun 30, 2021 | Commodity

By Administrator_ India Capital Sands Oil was up Wednesday morning in Asia after the OPEC+ delayed its meeting this week on production policy. Brent Oil Futures rose 0.61% to $74.73 by 10:39 PM ET (2:39 AM GMT) and Crude Oil WTI Futures jumped 0.69% to $73.48. U.S....
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