Topic
futures
Commodities MCX Gold Futures Drop to Rs 1,44,022 per 10g on Weak Spot Demand
Gold futures on MCX fell Rs 818 to Rs 1,44,022 per 10 grams on weak spot demand, with a firmer dollar and profit booking also weighing on prices. The World Gold Council reported steady Q2 demand at 1,269 tonnes, while bullion gained 1.7% in the month.
Commodities Crude oil futures fall 3% to ₹7,811 per barrel as West Asia shipping improves
MCX crude oil futures fell 2.81% to ₹7,811 per barrel for August delivery on Friday, tracking weak global benchmarks as improved tanker movements through the Strait of Hormuz and Bab el-Mandeb eased geopolitical supply concerns. Prices remain pressured by lingering risks, including halted loadings at Kazakhstan's Black Sea terminal and the Houthi blockade threat.
Commodities Crude Oil Futures Fall Despite Intensified US-Iran Strikes in West Asia
Crude oil futures fell on Thursday despite ongoing US-Iran military strikes. October Brent dropped to $87.27, while WTI slipped to $83.72. The EIA reported a 7.2 million barrel decline in US crude inventories.
Commodities Crude Oil Futures Jump After US-Saudi Strikes on Iran-Backed Targets in Iraq
Crude oil futures rallied on Wednesday following joint US-Saudi military strikes against Iran-aligned targets in Iraq. Brent and WTI prices jumped over 3.5% as supply risks escalated, with the Jazan refinery shutdown and Strait of Hormuz traffic halted.
Commodities Benchmark Diesel Price Rises Third Week as Futures Plunge; Spread Hits Record
The DOE/EIA average weekly retail diesel price rose for a third consecutive week, gaining 17.9 cents to $5.313/gallon. Meanwhile, crude futures plummeted, with Brent settling at $88.36/b on Monday. The spread between ULSD and Brent reached a historic high above $2/gallon, driven by supply disruptions including Ukrainian drone attacks on Russian refineries and low Rhine River water levels.
Commodities Crude oil futures fall on Trump’s ‘good talks’ comment on Iran
Crude oil futures declined on Tuesday after US President Donald Trump said the US was engaged in 'good talks' with Iran. October Brent fell 1.08% to $84.94, and September WTI dropped 1.14% to $81.67. Meanwhile, the Caspian Pipeline Consortium resumed oil lifting at its Marine Terminal.
Commodities NSE to launch India's first domestic benchmark-based natural gas futures on July 27
The National Stock Exchange (NSE) will launch trading in Indian Natural Gas Futures on July 27, 2026, India's first exchange-traded energy derivative linked to a domestic benchmark. The cash-settled contract, under symbol NATGASIND, is based on the Indian Gas Exchange's Gujarat (Dahej) hub price and aims to provide transparent price discovery and risk management for the domestic natural gas market.
Commodities Crude Oil Futures Rise as US Strikes on Iran Continue for 11th Day
Crude oil futures climbed on Wednesday as US forces continued strikes on Iran for an 11th consecutive day. September Brent reached $92.15/barrel and September WTI $85.25/barrel, supported by geopolitical tensions affecting shipping lanes. Analysts at ING Think noted that risks to Saudi exports from the Red Sea and disruptions at Russia's CPC terminal may leave Brent undervalued.
Commodities Crude Oil Futures Slide on Ceasefire Hopes Between US and Iran Amid Houthi Blockade Threat
Crude oil futures declined on Tuesday amid reports of a potential 10-day ceasefire between the US and Iran. September Brent fell 0.77% to $88.53, while WTI dropped 0.38% to $82.17. Meanwhile, Houthis in Yemen announced a naval blockade on Saudi Arabia, threatening oil flows through the Bab el-Mandeb Strait, and US forces conducted additional strikes against Iranian targets.
Crude Oil Futures Edge Lower Despite US Strikes on Iran; Supply Disruptions Loom
Crude oil futures traded marginally lower on Thursday despite US airstrikes on Iranian facilities. September Brent was at $84.70, down 0.29%, while WTI fell 0.19% to $79.45. US EIA data showed a 1.7-million-barrel draw in commercial crude inventories. Analysts from ING Think flagged risks of renewed supply disruptions amid depressed tanker traffic through the Strait of Hormuz and the impending end of SPR releases.
Commodities Crude Oil Futures Rise as Trump Threatens Strikes on Iran's Energy Targets
Crude oil futures traded higher on Wednesday after US President Donald Trump threatened to strike energy targets in Iran. September Brent rose 0.93% to $85.52 and August WTI gained 0.66% to $79.86 on geopolitical supply disruption fears. Trump's comments follow ongoing attacks between US and Iranian forces in West Asia.
Commodities NCDEX to Launch Guar Korma Futures on July 24 to Help Exporters Hedge
NCDEX will launch guar korma futures on July 24, 2026, to help exporters, processors, and cattle-feed manufacturers hedge price risks. India produces 80% of global guar korma, a high-protein feed ingredient. The contract will be ex-warehouse Jodhpur with compulsory delivery.
Commodities Crude oil futures surge after Trump reinstates naval blockade of Iranian ports
Crude oil futures rose sharply on Tuesday after US President Donald Trump reinstated a naval blockade of Iranian ports. September Brent crude climbed 1.78% to $84.78/barrel, while WTI gained 2% to $79.70. The move includes a 20% fee on cargo passing through the Strait of Hormuz, which analysts estimate could add $16/barrel in costs. US Central Command also conducted airstrikes on Iranian military targets, deploying over 50,000 troops.
Commodities Crude Oil Futures Gain on Reports of Iranian Strikes on US Military Targets in West Asia
Crude oil futures gained on Friday morning following reports of Iranian armed forces launching attacks on US military infrastructure in West Asia. At 9:36 am, September Brent oil futures were at $76.64, up 0.45%, and August WTI crude oil futures at $72.40, up 0.44%. The escalation follows recent US strikes on Iranian targets, including approximately 90 military assets on July 8 and 80 on July 7, in response to attacks on commercial shipping in the Strait of Hormuz.
Commodities Gold futures rebound nearly 1% to ₹1.44 lakh/10g on value buying despite West Asia tensions
Gold futures on the Multi Commodity Exchange rebounded nearly 1% to ₹1.44 lakh per 10 grams on Thursday, driven by value buying after a three-session decline. Weaker US dollar also supported prices, but gains were capped by renewed US-Iran tensions fuelling inflation concerns and expectations of higher US interest rates.
Commodities Crude oil futures rise as US continues attacks on Iran, Strait of Hormuz tanker crossings plunge
Crude oil futures advanced on Thursday after US forces conducted a second day of strikes against Iranian military targets, escalating tensions in the Strait of Hormuz. September Brent rose 1.12% to $78.89/barrel, while August WTI gained 1.14% to $74.36. ING Think strategists noted the ceasefire appears on life support, and vessel tracking data showed Strait of Hormuz tanker crossings fell to just seven, the lowest since June 21.
Commodities Gold Futures Rise to ₹1,47,710 per 10 Grams on Spot Demand; MCX August Contract Gains 1.34%
Gold futures on the Multi Commodity Exchange (MCX) for August delivery surged 1.34% to ₹1,47,710 per 10 grams on Friday, July 3, 2026, driven by fresh speculative buying amid firm spot demand. Globally, gold futures in New York rose 1.19% to $4,171.27 per ounce.
Commodities Crude Oil Futures Surge as US Strikes Iran and Revokes Oil Sales Waiver
Crude oil futures traded sharply higher on Wednesday following US military strikes on Iran and revocation of a waiver allowing Iranian oil sales. September Brent rose 2.56% to $76.06/barrel, while August WTI gained 2.51% to $72.21. The US struck over 80 targets in Iran after Iranian attacks on commercial vessels in the Strait of Hormuz, and revoked a temporary licence for Iranian oil exports, heightening geopolitical risk.
Commodities NCDEX to Relaunch Black Pepper Futures on July 15 After Over a Decade
NCDEX will relaunch black pepper futures on July 15, 2026, reviving the contract suspended in 2010 due to quality disputes. The exchange has received Sebi approval and also plans to enter equity trading and mutual fund distribution.
Commodities Crude Oil Futures Gain as Attacks on Ships in Strait of Hormuz Heighten Geopolitical Risk
Crude oil futures rose on Tuesday morning following reports of attacks on ships in the Strait of Hormuz. September Brent futures gained 0.64% to $72.45, while WTI rose 0.55%. The UKMTO reported a tanker hit by a projectile off Oman, and US officials said Iran fired missiles at commercial vessels.
Commodities Crude oil futures rise on cautious optimism over US-Iran peace talks
Crude oil futures edged higher on Friday as markets remained cautiously optimistic about US-Iran peace efforts, despite indirect talks in Doha concluding without an agreement. September Brent oil futures reached $72.29, up 0.68%, while August WTI crude rose to $69.06. Supply-side developments included a sharp increase in Kuwait's oil production and normalising flows through the Strait of Hormuz.
Commodities Retail diesel falls for eighth week while crack spreads surge to near-record levels
Retail diesel prices fell for the eighth consecutive week to $4.668/gal, down 97.2 cents from the May 4 peak, according to DOE/EIA data. Meanwhile, the 3:2:1 crack spread surged to near-record levels above $50/bbl, signaling a product shortage that analysts say may be temporary as crude supply from the Strait of Hormuz flows freely.
Commodities Gold futures rise to ₹1.42 lakh/10g after early losses as traders reassess Fed outlook
Gold futures on MCX recovered from early losses to trade higher at ₹1.42 lakh per 10 grams on Tuesday, driven by reassessment of US Federal Reserve interest rate outlook and ongoing geopolitical tensions. International Comex gold also bounced from below $4,000 per ounce. Investors await US jobs data for further direction.
Commodities Crude oil futures edge lower as markets await clarity on US-Iran peace talks
Crude oil futures declined on Tuesday as markets awaited clarity on proposed US-Iran peace talks in Doha. September Brent fell 0.34% to $73.66, while August WTI dropped 0.48% to $70.41. The price moves come after weekend attacks between the two countries and conflicting signals on whether negotiations will occur.
Commodities China Speeds Up Sulphur Futures Plans as Iran Conflict Triggers Price Volatility
China is accelerating plans to launch its first sulphur futures contracts this year as the Iran conflict has intensified price volatility. The Dalian Commodity Exchange is likely to launch in Q4 2026. Spot sulphur prices in eastern China hit a record 11,850 yuan per metric tonne before easing to 9,043.5 yuan per tonne as shipments resumed through the Strait of Hormuz, but remain 292% higher year-on-year.
Commodities Bombay High Court Dismisses Petitions Against MCX Negative Crude Oil Futures Settlement in 2020
The Bombay High Court dismissed over 20 petitions challenging the Multi Commodity Exchange's (MCX) decision to settle its April 2020 crude oil futures contracts at a negative price of ₹2,884 per barrel, following the historic NYMEX settlement. The bench upheld MCX's circular, ruling that petitioners were bound by the contract specifications linking settlement to NYMEX prices.
Commodities Sell Zinc Futures: Bearish Momentum Builds as July Contract Breaches Key Support Levels
Zinc futures have been declining since the start of the week, with the July contract breaching the ₹355 support and slipping below its 50-day moving average. Technical analysis suggests further downside toward ₹340, prompting a sell recommendation at ₹357 with a stop-loss at ₹363 and profit target at ₹340.
Commodities Crude oil futures edge closer to pre-war levels as supplies improve
Crude oil futures declined for the fourth consecutive session on June 25, 2026, with Brent at $72.89/barrel and WTI at $69.36/barrel, approaching pre-war levels. US Energy Secretary Chris Wright reported that Strait of Hormuz flows are near normal, with 20 million barrels exiting in 24 hours, while EIA data showed a 6.1-million-barrel draw in US crude inventories.
Commodities Crude Oil Futures Fall Nearly 1% as Strait of Hormuz Tanker Traffic Shows Signs of Recovery
Crude oil futures dropped nearly 1% on Wednesday as tanker traffic through the Strait of Hormuz improved, easing supply disruption fears. September Brent fell to $76.29, while August WTI slipped to $72.67. ING Think analysts called the sell-off overdone. US President Trump announced Iran agreed to nuclear inspections, allowing the strait to remain open.
Commodities Crude oil futures decline after US and Iran conclude first round of talks in Switzerland
Crude oil futures traded lower on Monday after the first round of US-Iran talks concluded in Switzerland. September Brent fell 1.49% to $78.86 and August WTI dropped 0.40% to $75.55. Iran's Foreign Minister Abbas Araqchi stated that oil and petrochemical exports are waived and blockade lifted, while US President Donald Trump warned Iran over its proxies. ING strategists noted that a permanent deal remains challenging with risks of a flare-up during the 60-day ceasefire.
Commodities Crude oil futures slip after improvements in Hormuz shipping traffic
Crude oil futures declined on Friday as shipping traffic through the Strait of Hormuz improved after the US and Iran signed an interim peace deal. August Brent fell 0.90% to $77.13, and July WTI dropped 0.69% to $76.07. On MCX, crude futures rose slightly. US Central Command confirmed the lifting of the blockade, while President Trump highlighted the market impact.
Commodities Silver futures tumble over 3% to ₹2.42 lakh/kg as Fed signals keep pressure on bullion
Silver futures on the Multi Commodity Exchange plunged ₹8,817 to ₹2,42,990 per kg on Thursday, tracking weak global trends after the US Federal Reserve's hawkish policy signals strengthened the dollar and dampened investor appetite for precious metals. Comex silver for July delivery fell $2.36 (3.34%) to $68.40 per ounce. Analysts attributed the decline to prospects of higher-for-longer interest rates, which tend to weigh on bullion by boosting bond yields and the dollar.
Commodities Crude Oil Futures Plunge After Reports of US-Iran Interim Peace Deal Digitally Signed
Crude oil futures declined sharply on Thursday morning following reports that the US and Iran had digitally signed an interim peace deal to end the war in West Asia. The deal is expected to reopen the Strait of Hormuz and waive US sanctions on Iranian oil, easing global supply. IEA data showed a potential surge in oil supply, while US EIA reported a decline in crude inventories.
Commodities Crude oil futures decline over 4% after Trump announces Iran peace deal
Crude oil futures declined by more than 4% on Monday after US President Donald Trump announced a peace deal with Iran, including the opening of the Strait of Hormuz and removal of the naval blockade. August Brent crude fell to $83.27 per barrel, while July WTI dropped to $80.55. Other commodities like natural gas also declined, while jeera and dhaniya futures rose.
Commodities NCDEX set to relaunch pepper futures by end-June, may test SEBI’s cash-settlement-first framework
The National Commodity and Derivatives Exchange (NCDEX) is preparing to relaunch pepper futures by the end of June, with the contract potentially serving as an early beneficiary of SEBI's proposed cash-settlement-first framework for agricultural derivatives. The exchange has secured regulatory approvals and set up warehousing in Kerala, aiming to revive trading in a contract that was discontinued in the early 2010s due to quality disputes and delivery legal challenges.
Commodities Crude Oil Futures Fall as Trump Signals Possible Iran Deal
Crude oil futures traded lower after US President Donald Trump signaled a possible peace deal with Iran. August Brent fell 1.90% to $88.66, and July WTI dropped 1.82% to $86.11. ING analysts expressed caution, noting past false starts and quiet signals from Tehran. OPEC's May production fell 177,000 b/d, led by Iran's 546,000 b/d decline, while Saudi, UAE, and Iraq increased output.
Commodities Crude Oil Futures Rise Amid US-Iran Tensions
Crude oil futures saw an increase following US military strikes on Iran. Brent and WTI futures rose, driven by geopolitical tensions and potential disruptions in the Strait of Hormuz.
Commodities Copper Futures Decline Amid Market Correction
Copper futures have declined to ₹1,315/kg, breaking below key support levels. The market shows signs of a corrective decline, with potential further drops to ₹1,265.
Commodities Crude Oil Futures Surge Amid US-Iran Tensions
Crude oil futures saw an uptick following US military strikes on Iranian targets. The geopolitical tension has influenced Brent and WTI futures, with significant movements in the market.
Commodities Crude Oil Futures Dip as Iran and Israel Agree to Ceasefire
Crude oil futures fell after Iran and Israel agreed to cease attacks, following US President Trump's intervention. Brent and WTI futures saw declines, reversing gains from earlier geopolitical tensions.
Commodities Crude Oil Futures Rise Amid Middle East Tensions
Crude oil futures increased following Hezbollah's rejection of a ceasefire between Israel and Lebanon, affecting US-Iran negotiations. Brent and WTI futures saw modest gains, while geopolitical tensions and supply disruptions continue to influence the market.
Commodities MCX Launches 'Silver 100' Futures to Boost Market Liquidity
The Multi Commodity Exchange of India (MCX) has launched 'Silver 100' futures, offering a new hedging tool for India's silver industry. This initiative aims to reduce import dependency and increase domestic recycling.
Commodities Crude Oil Futures Surge Amid US-Iran Tensions
Crude oil futures saw a notable increase following US military strikes in Southern Iran. Brent and WTI futures rose by nearly 2% amid heightened geopolitical tensions.
Commodities Crude Oil Futures Dip Amid US-Iran Negotiations
Crude oil futures saw a decline as indirect talks between the US and Iran continued. August Brent oil futures dropped to $95, while July WTI futures fell to $91.96. The negotiations aim to ease tensions in the Strait of Hormuz.
Commodities Crude Oil Futures Dip on US-Iran Ceasefire Extension Hopes
Crude oil futures fell amid reports of a potential US-Iran ceasefire extension. Brent and WTI futures saw declines, influenced by geopolitical developments and inventory data.
Commodities Crude Oil Futures Dip Amid US-Iran Deal Speculations
Crude oil futures saw a significant drop as reports of a potential US-Iran deal emerged. Brent and WTI futures both fell over 5%, influenced by geopolitical developments and market reactions.