Across the country as well, fuel prices remained unchanged providing some relief to consumers already feeling the heat of higher inflation that has raised prices of several other commodities, including food items.
“If one got into it sometime back and is now sitting at say 40% return in his metal stocks, one can probably take off 25% of the exposure off the table and bring down his exposure by another 10% on another 10% price rise and repeat that as prices rise, ” says Kunj Bansal.
Oil prices have decreased on the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil fell $0,15 to trade at $69,36, while the price of Light crude oil at the NYMEX
(Bloomberg) BHP Group will merge its oil and gas operations with Woodside Petroleum Ltd. as the biggest miner positions itself for a global shift away from fossil fuels and prepares to plow $5.7 billion into a massive new fertilizer mine in Canada.