Brent crude oil futures were up 13 cents, or 0.15 per cent, to $84.73 a barrel at 9.00 pm ist, after hitting $86.04, their highest level since October 2018
Opec now expects oil demand to grow by 5.82 million barrels per day, down from 5.96 million bpd in its previous forecast
The rally in natural gas to power and emission permits is hurting everyone from German chemicals producers to Spanish households just as the economy is recovering from the pandemic
Debasish Mishra, a partner at Deloitte in India, explains the impact of the latest price revision, and the future outlook for gas, in this conversation with Twesh Mishra. Listen in
IGL also increased domestic PNG prices with effect from October 2
Brent crude up nearly 20% in the past month and hit a 3-yr high on Tuesday
Pakistan does get more than half its LNG under long-term contracts, which provides some protection against the volatile spot market
Natural gas and coal prices rally to record peaks as traders brace for winter crunch
Millions around the globe will feel the impact of soaring natural gas prices this winter
Global record high natural gas prices are pushing some energy-intensive companies to curtail production in a trend that is adding to disruptions to global supply chains
Domestic gas price to be revised upwards from October 1
Reliance Industries Ltd will start natural gas production from MJ field - the third that the firm is developing in the eastern offshore KG-D6 block in last quarter of 2022 to raise overall output
There are no reversal patterns on chart and support comes around 268 for natural gas
According to officials in the know, this price is applicable on more than 90 per cent of domestic natural gas production
Government-dictated price for natural gas produced by companies such as ONGC is likely to inch up marginally to $1.82 next week
Total income declines 13.5% YoY to Rs 1,621 cr; firm says it is meeting fuel needs of over 1.2 mn CNG vehicles in NCR through a network of 560 CNG stations
CME has raised margin for silver to push back any more speculative moves
Gold will trade in range until market gets more clarity on the new Joe Biden-administration's policies
After taking support at 200 DMA, natural gas made bullish candle indicating bulls trying to stage comeback
Estimates say a 25.1% fall in natural gas prices, which makes up 50-80% of raw material cost in urea, could lead to a 12% in manufacturing cost; 28 of 31 urea plants in India are gas-based