India has sufficient wheat available and is ready to meet the global requirement, said Agriculture Minister Narendra Singh Tomar in an exclusive NDTV interview, replying to a question on the growing demand for Indian wheat in the International market following the Ukraine-Russia War.
Oil prices rose on Wednesday, paring early losses, as the threat of new sanctions on Russia raised supply concerns, countering fears of weaker demand following a build in US crude stockpiles and China's extended lockdown.
Bharat Petroleum Corp Ltd (BPCL) has bought 2 million barrels of Russian Urals for May loading from trader Trafigura, two sources familiar with the purchase said.
After losing nearly 1 per cent in the previous session on a strong dollar, a build-up in the US crude stockpile, and Shanghai's extended lockdown fuelled fears of slower demand; the benchmark Brent crude was last up about 25 cents at $106.90 per barrel.