Traders pare positions on lower offtake from consuming industries
However, ample supplies from producing regions limit the gains
Higher offtake from battery-makers at home fuels uptrend
Traders create fresh positions as metal gains in London, following improved industrial activity in China
Speculators enlarged positions on a firming trend in the Asian region
Chinese demand outlook improved sentiments
Participants engaged in creating speculative positions on a firming trend
Speculators enlarged positions on positive cues from global markets
Iraq is the second-biggest oil exporter in OPEC
Seeks appointment of an authority to hear all NSEL related cases under one roof
Gains will be capped amid uncertainty on the outcome of FOMC meeting this week
Crude oil follows on fear of supply disruption, and might coll slower than bullion's rise, saya analysts
Officials say even a rise at this time is usual but monitoring on to decide on MEP
Depreciating rupee in the forex market influenced the prices
Traders expand positions on lower arrivals from producing belts
Oil for delivery in June edged up by 0.68%
Spice for delivery in July gained 0.26%
Oil for delivery in July traded higher by 0.27%
Commodity for delivery in July also shed 0.26%
Metal for delivery in July also rose by 0.65%