Commodities

Oil falls $2 as Europe agrees to release diesel reserves after Trump push

• Brent fell 1.76% to $100.50 a barrel after Europe agreed to release additional diesel stockpiles
• WTI dropped 2.18% to $90.85
• Lower crude prices can ease costs for Indian oil-marketing companies and fuel-intensive sectors

Oil shock bypasses petrol pumps, hits Indian businesses through raw-material costs

India to face tougher competition for gas this winter? Here's what expert said

• Qatar supply disruptions could tighten global gas markets and raise India’s winter LNG costs
• India may face stronger competition with Europe for alternative gas supplies
• Higher LNG costs could pressure Petronet LNG, city gas distributors and Indian Oil margins

Gold slips before US payrolls data, set for second weekly loss

Diesel falls sharply as EU considers releasing 50mn barrels under pressure from Trump

• Diesel prices fell sharply as the EU considers releasing 50mn barrels from reserves
• Trump threatened to ban US fuel exports unless Europe unlocks reserves
• Lower diesel prices could ease fuel costs for Indian refiners and transport companies

African nations begin to stock up rice on El Nino fears, Ukraine and Iran wars

• Ships are waiting to load rice consignments in almost all Indian ports, exporters said
• Higher export demand could support Indian rice exporters and agricultural commodity prices

Gold slips before US payrolls data, set for second weekly loss

• Gold prices are poised for a second consecutive weekly decline amid a stronger US dollar and rising Treasury yields
• Gold weakness can reduce collateral values for Indian gold-loan lenders

WTI Whipsaws as Gulf Supply Improves and Middle East Risk Returns

Gold, silver rise as weak payrolls cut Fed-hike odds - Kitco AM Report

Hormuz crude flows return to pre-war levels, yet oil may still stay at $90–$100 | Here's why

• Hormuz crude shipments averaged 13.5 million barrels per day over seven days, back to pre-war levels
• Oil may still stay at $90–$100, the report said
• Persistently high crude prices could pressure Indian refiners and fuel retailers

Rising crude costs and unchanged pump prices squeeze fuel retailers

• Rising import costs and stagnant domestic retail rates are eroding retail margins
• Oil prices surged amid concerns over a third US aircraft carrier group heading to the Middle East
• Margin pressure weighs on Indian fuel retailers and oil marketing companies

Oil dips as traders weigh U.S.-Iran tensions against supply recovery

Global Food Prices Rise as Cereal and Sugar Costs Surge, UN Says

• Transport disruptions and weather concerns have constrained supplies and lifted crop-based commodity prices
• Higher food costs may pressure Indian consumers and food companies’ margins

Oil Prices Fall as Middle East Crude Exports Recover But Shipping Risks Remain

• Oil prices fell as Middle East crude exports recovered
• Traders also weighed renewed shipping risks and a larger U.S. military buildup
• Lower crude prices can ease costs for Indian refiners, while shipping risks threaten supply routes

Oil prices extend losses after reports of potential European diesel, crude stock release

• Oil prices extended losses after reports of a potential release of European diesel and crude stocks
• EU nations were discussing a proposal to release diesel reserves after pressure from the Trump administration
• Lower crude prices may ease input costs for Indian oil marketers and reduce pressure on refiners

The Bond Rout Is Deepening Even as Oil Tankers Return to the Strait of Hormuz

• Higher crude and yields may pressure Indian airlines, fuel retailers and rate-sensitive stocks

Gold price today: Precious metal slips ahead of US Jobs data; MCX closed for Gandhi Jayanti

• Gold fell 0.6% to $4,154.78 an ounce ahead of US jobs data
• A stronger US dollar and elevated Treasury yields pressured bullion; MCX was closed for Gandhi Jayanti
• Lower bullion prices may weigh on Indian gold producers and jewellery stocks

Copper Heads for Weekly Loss as High Energy Costs Limit Demand

Gold gets its festive shine back as lower prices lure Asian buyers

• Lower gold prices in India have drawn more physical buyers, narrowing sellers’ discounts
• Indian jewellers may see stronger festive demand as lower prices attract physical buyers

Gold's Rs 1.5 lakh price drives buyers to silver who get 650g silver at same price

• At current prices, 10 grams of 24-karat gold costs around Rs 1.5 lakh
• The same amount would buy approximately 650 grams of silver

Oil rebounds as Middle East supply and shipping risks persist

• Oil prices rose to $103 per barrel as Middle East supply concerns intensified
• Middle East crude exports recovered to prewar levels, but shipping and US-Iran risks weighed on trading
• Higher crude prices can pressure Indian oil marketing companies and airlines

Oil Prices Near $103: Brent Crude Extends Gains As US-Iran Tensions Escalate

• Brent crude is near $103 and extending gains
• Ukrainian strikes on Russian refineries have forced Moscow to restrict diesel exports
• Higher crude prices pressure Indian oil marketers and raise fuel costs for airlines

Gold steadies as stronger dollar, higher yields weigh; U.S. jobs data awaited

Gold Falls; U.S. Dollar, Yields Key Obstacles for Price Gain

• Gold fell as the US dollar and Treasury yields impeded a return to its broader bullish path
• Gold weakness can reduce collateral values for Indian gold-loan lenders