Market Status

Saturday 23 June 2018

Petrol price was cheaper by 18 paisa / liter, 243 rupees / liter in 24 days | Live Commodity Tips


Petrol price was cheaper by 18 paisa / liter, 243 rupees / liter in 24 days


Live Commodity Tips
Live Commodity tips
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Oil companies have given relief to the prices of petrol on Friday. Petrol in metro cities has been cheaper up to 18 paisa per liter. In Delhi where petrol is 14 paise per liter, Kolkata has 13 paise, Mumbai 18 paise and Chennai 15 paise per liter. However, there has been no change in diesel prices. On Thursday, the petrol-diesel got relief from 14 paisa per liter. According to the website of Indian Asylum, the new price of petrol in Delhi has been increased to Rs. 76.02 per liter. 

In the last 24 days, petrol is cheaper by Rs 2.43 / liter, in the
last 24 days, petrol in metro rates has been cheaper by Rs 2.43 per liter. At the same time, diesel has been cheaper by Rs 1.67 per liter. Explain that crude prices in the international market have decreased by $ 6 a barrel in the last 30 days. Consumers are benefitting from petrol and diesel prices.

Petrol prices in 4 metros of the country

city
Price (June 22 Rate)
Delhi
76.02  Rs
Kolkata
78.70  Rs
Mumbai
83.74  Rs
Chennai
78.89  Rs

Diesel prices in 4 metros of the country

city
New Price (June 21 Rate)
Delhi
67.68
Kolkata
70.23
Mumbai
71.99
Chennai
71.44
Source: IOCL

 Important decision on crude production
on June 22, or Friday in Vienna that OPEC countries are important decision to increase crude production. Tell that to the rising cost of crude oil in the international market in Saudi Arabia has proposed to supply control increasing prices. 3, including Iran, had earlier protested on the proposal, but now he has agreed to increase the supply in small quantities. At the same time, Russia also agreed to increase production. If there is a consensus on the increase in production, then crude prices can fall. Philmal is now on the verdict of the market. 

At crude prices at $ 74 per barrel, at the end of 2016, given the fall in crude prices, OPEC and non-OPEC countries had agreements on reducing crude production. After that, crude prices have steadily increased over the last 2 years. On Thursday, crude prices were closed at the rate of around $ 74 a barrel. In the last one month, there has been a drop of about 6 dollars per barrel in crude signals. 



Wednesday 6 June 2018

Petrol price for today 5 june 2018, Free CRUDE Price Daily | Live Commodity Tips


Petrol price for today 5 june 2018, Free CRUDE Price Daily 


Due to the fall in crude prices in the international market, prices of petrol and diesel have come down for the seventh consecutive day in the country. On Tuesday, June 5, 2018, the price of petrol was 13 paise and the price of diesel was 9 paise lower than the previous day. According to the updated price list on Indian Oil's website, petrol prices in Delhi are 13 paise and diesel prices have declined by 0.9 paise. In the last 7 days, petrol in Delhi has been reduced by 60 paise and diesel has been cheaper by 43 paise per liter. 

Live Commodity Tips
Live Commodity Tips
Crude is getting the advantage of being cheap
Market experts say that the decline in crude prices in the international market has started to gain in India, although it has been marginally so far. If on Oct 22 the OPEC countries decide not to cut further, then the fall in crude may increase. It can come up to $ 60 a barrel. OPEC countries and Russia have also given such an indication. It can be benefited by the Indian customers, but for this, the state governments will have to take measures for relief.

  New petrol prices in 4 metropolitan cities
city
New Price (June 5th  Rate  ) 
Old Price (June 4th Rate) 
Delhi
77.83
77.96
Kolkata
80.47
80.60 
Mumbai
85.65
85.77
Chennai
80.80
80.94 

 Read Also:- Free Intraday Tips  for today

New prices of diesel in 4 metros of the country  
city
New Price  (June 5th  Rate) 
Old Price (June 4th Rate) 
Delhi
68.88
68.97
Kolkata
71.43
71.52 
Mumbai
73.33
73.43 
Chennai
72.72 
72.82 
(Price: petrol-diesel in  rupees per liter.)

Source: IOCL
Advantages of Increase in Crude Production
The rise in crude production in the US and the rise in production by OPEC countries indicate prices are declining. In this order, the price of Indian crude oil basket dropped 71 cents to $ 75.02 a barrel.

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Monday 4 June 2018

Gold Trading | Gold rose by Rs 300 to Rs 31,600 per 10 gram


Gold rose by Rs 300 to Rs 31,600 per 10 gram


Gold prices fell for the third consecutive day due to weakness in the global market and decrease in demand from local jewelers. On Saturday, gold dropped by Rs 300 to Rs 31,600 per ten gram level. Silver also dropped by Rs 100 to Rs 40,500 per kg. The main reason for the fall in silver is the decrease in demand from industrial units and coin makers.

Live Commodity tips
Live Commodity Tips


 Gold Declines for These Reasons
-Traders said that due to weak global trends, the domestic market is getting sluggish.
- Strong figures of employment in the US have raised the pressure on the Federal Reserve to increase interest rates this month and there is a possibility of a strong dollar recovery.
In the global market, gold in New York fell by 0.37 per cent to $ 1,293.10 an ounce and silver by 0.06 per cent to $ 16.38 an ounce.
He said that due to weak demand from local jewelers and retailers, the domestic spot market is getting lethargic.

300 rupees fall in gold
In the national capital, 99.9 per cent and 99.5 per cent purity gold dropped by Rs. 300 to Rs. 31,600 and Rs. 31,450 per ten gram respectively. Earlier in the day, gold was broken by 190 rupees in two days. On the other hand, if you talk about gold (8 grams) of gold, then it was worth 24,800 rupees.

 Silver Rupee down by Rs 100
Silver also fell by Rs 100 to Rs 40,500 per kg on the yellow metal. Weekly based delivery went down by Rs 145 to Rs 39,535 per kg. At the same time, silver coins remained steady at Rs 76,000 (purchase) and Rs 77,000 (sale) per 100 pieces.

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