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US withdrawing from TPP would boost Indian leather exports

January 31, 2017 5:04:40 pm

After becoming the new President of United States, Donald Trump last week formally withdrew his country out of the Trans-Pacific Partnership.

Oil prices fall as rising US output offsets OPEC-led cuts

January 31, 2017 11:37:05 am

US West Texas Intermediate (WTI) futures were at $52.41 a barrel, down 22 cents from their previous settlement, and WTI is down almost 3 percent since its January peak.

Oil prices down 5 percent in January as rising US output offsets OPEC-led cuts

January 31, 2017 7:26:25 am

"Crude oil prices continued to struggle as traders remained concerned about increasing drilling activity in the U.S.," ANZ bank said on Tuesday.

Oil extends declines on rising US output

January 30, 2017 10:33:46 am

The Organization of the Petroleum Exporting Countries and other producers, including Russia, agreed to cut output by almost 1.8 million barrels per day (bpd) in the first half of 2017 to relieve a two-year supply overhang.

Australian wine exports to China soar as premium labels sparkle

January 27, 2017 12:28:29 pm

The jump defies a Chinese government crackdown on corruption that has cooled flashy spending there.

Oil prices rise on weakening dollar, but plentiful supplies cap gains

January 26, 2017 11:04:58 am

Brent crude futures, the international benchmark for oil prices, were trading at $55.59 per barrel at 0313 GMT, up 51 cents, or 0.93 per cent, from their last close.

Oil-dependent US states sliding into recession, says S&P

January 25, 2017 7:58:22 am

Of eight oil-dependent states tracked by S&P, only two, Montana and Texas, did not rank among the 10 weakest state economies, according to the report.

Oil prices rise as OPEC output cuts drain stocks

January 25, 2017 7:51:01 am

Saudi Arabia's oil output is likely to drop to around 9.9 million bpd in January, according to industry sources and shipping data.

Long term, gold use looks good despite note ban: WGC

January 24, 2017 4:28:38 pm

Stating that transparency across the value chain is necessary for gold to be mainstream, WGC said gold trade will become more transparent with introduction of GST.

Muted demand drag down lead futures by 0.66 per cent

January 24, 2017 12:07:18 pm

The metal for delivery in February contracts moved down by 95 paise, or 0.59 per cent to Rs 158.80 per kg in 12 lots.

China LNG imports hit record in December

January 23, 2017 12:26:06 pm

For the whole of 2016, China's LNG imports rose 32.8 percent to 26.06 million tonnes.

Oil rises for second day as supply tightens, but US stocks weigh

January 20, 2017 10:16:40 am

Crude inventories rose 2.3 million barrels in the week to Jan. 13, compared with analyst expectations for an increase of 342,000 barrels.