Oil prices

Centre imposes inventory limits on edible oils to melt costs in home market

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Centre imposes inventory limits on edible oils to melt costs in home market

[ad_1] The Centre on Sunday imposed inventory limits on merchants of edible oils and oilseeds, barring importers and exporters, until March 31, in a bid to examine rising home costs and provides aid to shoppers. Already, futures buying and selling in mustard oil on NCDEX platform has been suspended from October 8, it mentioned. Edible … Read more

Oil at 7-year excessive after OPEC+ decides on cautious enhance

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Oil at 7-year excessive after OPEC+ decides on cautious enhance

[ad_1] FRANKFURT: Oil prices jumped Monday after OPEC and allied oil producing international locations stayed with their gradual method to restoring output slashed in the course of the pandemic, agreeing so as to add solely 400,000 barrels per day in November. The choice Monday by the Vienna-based oil cartel tracks with its established schedule of … Read more