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UP sugarcane outstanding piles up to Rs 96 bn; production at record 9 mt

Uttar Pradesh has clocked record sugar production of almost 9 million tonnes (mt) in the ongoing crushing season even as sugarcane arrears have piled up to Rs 96 billion.

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Gold hits over three-week high on dollar weakness; Palladium at 17-year high

Gold prices edged up on Tuesday to more than a three-week high on a weaker dollar, while palladium hit its highest since Feb.

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Oil prices crosses $65 a barrel, near June 2015 high after cuts by OPEC

Oil prices were stable on Tuesday, with Brent crude lingering near 2015 highs on the back of an outlook for healthy demand amid ongoing production cuts led by OPEC and Russia.US West Texas Intermediate (WTI) crude futures were at $58.50 a barrel at 0141 GMT, up 3 cents from their last settlement.

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Brent hits two-year high at above $65 per barrel; why is crude oil price rising?

In April 2016, the Brent Crude Oil price was just $38.99 per barrel. In the last one year and eight years, the oil price rose to hit a two-year high at $65.29 per barrel.

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