demand-supply

Crude oil prices: Demand-supply dynamics not favourable for immediate recovery

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Crude oil prices: Demand-supply dynamics not favourable for immediate recovery

Crude oil shed to a near four-month low last week due to easing supply tensions in the Middle East, rising OPEC exports, mixed economic data release from China, and a surge in US inventory levels. Prices corrected by more than 16 percent since the middle of October when it surpassed $90 a barrel on worries … Read more

Govt to take call on increasing sugar export quota next month after assessing demand-supply: Food Secretary

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Govt to take call on increasing sugar export quota next month after assessing demand-supply: Food Secretary

The government will take a decision next month on increasing the sugar export quota from current 60 lakh tonnes after assessing the domestic production and internal demand, Food Secretary Sanjeev Chopra said on Thursday. The food ministry has allowed 60 lakh tonnes of sugar exports for the current 2022-23 marketing year (October-September). India exported around … Read more