Oil prices steady on Tuesday, Brent crude lingers near 2015 highs

Oil prices were constant on Tuesday, with Brent crude staying near 2015-highs on in view of healthy demand despite ongoing production cuts led by OPEC & Russia. Brent crude futures were at USD 65.25/brl, remained no change from their last close, but near the USD 65.83/brl, briefly on December 12 and the highest since June 2015. Brent crude pri…

Onion and tomato prices are likely to decrease in retail markets shortly

Prices of Onion and tomato are expected to cool down in retail markets in the coming 15 to 20 days in hopes of the expected arrival of fresh crop, according to Agriculture Secretary S K Pattanayak. As per the latest trade-data, onion and tomato prices are at the top range of Rs 70 to 80 per kg in the retail market of the national capital and in …

Commodity Tips : Mentha oil futures fell on MCX

Mentha oil futures fell on MCX as speculators booked profits, on account of easing demand from consuming industries at the spot markets. Moreover, sufficient stocks position on higher supplies from major producing companies of Chandausi in U.P also added the downtrend. However, in the year 2017, Mentha oil output is projected at 25,000 to 30,000 t…