Author: BusinessLine - Commodities

Outside US, OPEC to meet November 30 to discuss production targets

Outside US, OPEC to meet November 30 to discuss production targets

Outside US, OPEC to meet November 30 to discuss production targets

Crude oil futures rose sharply by 1.85 per cent to Rs 3,746 per barrel today as speculators raised their bets amid a firm trend overseas.
At the Multi Commodity Exchange, crude oil for December del…

Traders said markets were generally well supported by an effort led by OPEC and a group of non-OPEC producers led by Russia to restrain output in a bid to end a global supply overhang.

The support at ₹205/kg for the zinc futures contract on the Multi Commodity Exchange (MCX) continues to hold well for the second consecutive week. The contract hit a low of ₹204.5 per kg on November …