COMMODITIES

India's gold imports more than doubled to 125 tonnes in March, from 60 tonnes in the same period a year ago.

RBS's India diamond and jewellery financing loan book stands at about £491m.

Over a dozen energy firms buy hedges from lenders, including JPMorgan, Wells Fargo, Citigroup and the Bank of America.

Up to 100 billion barrels discovered but only 3% would be extractable says UKOG.

Brent crude price, the global benchmark, is down 1.42% at $58.26 per barrel as at 12.30am ET.

Market analysts are declaring the cartel dead or at least ineffective since it refused to cut output amid a supply glut.

Negotiations with Iran could be bearish for oil prices over the next 18 months, according to BofA's Francisco Blanch.

Force majeure may be lifted on oil loadings at Es Sider, Libya's largest export terminal and at neighbouring Ras Lanuf.

Saudi Arabia cut oil prices to Asia and the US late last year, in a battle for market share amid a global supply glut.

Lifting of sanctions on Iran following nuclear deal could add to oil supply glut.

Oil prices volatile as Iran closes in on nuclear deal with world powers.

A shale oil boom in the US has reduced the world's leading oil consumer's dependency on Opec crude.

Goldman says Brent crude will hover at $70 a barrel by end-2015 but prices could drop to $40 during the summer months.

Ukrainian energy minister Volodymyr Demchyshyn said the deal was a 'victory' for Kiev.

Indian mills have purchased between 70,000 and 80,000 tonnes of Australian prime wheat at $260-$265 a tonne.

During 2014, US oil production increased by 1.2 million barrels per day to 8.7 million barrels per day.

European Benchmark Brent oil fell to $55.50 a barrel as Iran talks resumed in Switzerland.

Hedge fund manager Pierre Andurand warns crude prices could drop to $30 amid concerns of Middle East supply disruptions.

Goldman Sachs has offered Chevron's 135 million Caltex shares to local and international investors on 27 March.

Crude prices fall by $1 a barrel despite Saudi-led bombing campaign in neighbouring Yemen.

World Gold Council says US centric explanations about gold prices are risky for investors.

UK government had announced tax cuts in bid to increase investment in North Sea oil and gas.

Ships crossing from the Middle East to Europe must pass Yemeni strait of Bab el-Mandab.

Ihor Kolomoisky removed from Dnipropetrovsk post over an oil firm dispute.

Libyan Islamist militants have pledged allegiance to Isis and carried out atrocities.

US oil magnate and BP Capital boss T Boone Pickens says the idea of 'peak oil' should not be dismissed.

Smith remains highly sceptical over shale oil extraction.

State-owned Aramco has an over 10% market share in China and now wants to boost supplies, says CEO Khalid Al-Falih.

Prices could even dip beyond those levels for a brief period, warns oil expert and FGE chairman Fereidun Fesharaki.