Egypt has entered into five oil exploration agreements in the Western Desert and Gulf of Suez regions. These deals involve foreign companies and require a minimum investment of $221.23 million. The information was released in a statement by the Egyptian Oil Ministry.

A fact sheet reports that Trump has secured a historic $1.2 trillion economic commitment in Qatar. The details of this commitment and its specific implications are not provided in the given information.

Saudi Aramco has entered into Memorandums of Understanding (MOUs) and agreements with US companies, totaling $90 billion in value. The deals involve multiple American businesses, though specific company names or details of the agreements were not provided in the news data.

Saudi Aramco has reported plans for collaborations aimed at promoting innovation and development across various fields. The company intends to engage in partnerships that will foster advancements in multiple sectors, although specific details about the collaborations or the fields involved were not provided in the announcement.

Saudi Aramco has announced 34 Memorandums of Understanding (MOUs) and agreements with US companies. These MOUs and agreements have a potential combined value of approximately $90 billion.

Gold's June contracts dropped by Rs 1,300 per 10 gram on Wednesday, extending losses to over Rs 7,000 from their all-time high. On COMEX, Gold contracts were trading at $3,235.50 per troy ounce, down by $12.30 or 0.38%. The decline is attributed to factors including a US-China tariff truce, fall in inflation, and a ceasefire between India and Pakistan. Despite the recent fall, gold prices are still up 20% year-to-date. Analysts suggest gold prices could potentially fall to around Rs 90,900 in the positional term, with some technical analyses indicating a possible drop to Rs 92,000 or even as low as Rs 86,000 if certain price levels are breached.

The U.S. distillate inventory has decreased by 3,155,000 barrels. This figure is significantly larger than the previous decrease of 1,107,000 barrels. The estimated change was an increase of 120,000 barrels, making the actual decline much more substantial than anticipated.

U.S. gasoline inventories decreased by 1,022,000 barrels, surpassing the estimated decline of 938,000 barrels. This represents a significant shift from the previous period's increase of 188,000 barrels.

U.S. Cushing crude oil inventories have decreased by 1,069,000 barrels. This represents a larger decline compared to the previous period, which saw a decrease of 740,000 barrels.

U.S. crude oil inventories rose by 3,454,000 barrels, contrary to expectations. The previous reading showed a decrease of 2,032,000 barrels, and estimates projected a decline of 2,209,000 barrels. This unexpected increase in inventories represents a significant shift from the anticipated reduction.

Foreign Institutional Investors (FIIs) purchased a net amount of 931.80 crore rupees worth of Indian shares. Domestic Institutional Investors (DIIs) also bought a net amount of 316.31 crore rupees of shares in the Indian stock market.

Kazakhstan's oil output decreased by 3% in April compared to March, reaching 1.82 million barrels per day. Despite this reduction, the country's production remained above its OPEC+ quota. This information is based on a source and Reuters calculations.

Russia and Malaysia have engaged in discussions regarding investments in gas infrastructure, according to a report by IFX.

Spot gold prices have fallen significantly, with the precious metal now trading at $3,183.90 per ounce, representing a 2% decrease.

The Indian government has announced plans to release key labor force indicators from the Periodic Labor Force Survey at the national level on a monthly basis. Additionally, quarterly results of the Periodic Labor Force Survey will be published for rural, urban, and combined rural-urban areas. The first monthly bulletin of the Periodic Labour Force Survey for April 2025 is scheduled to be released in May 2025.

Silver may be poised for a rally due to its historical relationship with gold, persistent supply deficits, and rising industrial demand. The gold-silver ratio is currently around 100:1, compared to a 25-year average of 68:1, suggesting room for silver to catch up. 2025 marks the fifth consecutive year of silver supply deficit. Industrial demand is increasing, particularly in solar energy, electric vehicles, and electronics sectors. While gold is around $3,500 per ounce, silver remains under $35. Estimates suggest silver could potentially move toward $53–$75 in the near term. In rupee terms, silver could rise from ₹97 per gram to ₹165 per gram.

The Russian government is considering extending restrictions on gasoline exports for an additional two months, potentially lasting until the end of October, according to a report by Kommersant.

The spot price of gold has decreased by 1%, reaching $3,214.66 per ounce. This represents a significant movement in the precious metals market.

OPEC has reduced its forecast for total US oil supply growth in 2025 to 300,000 barrels per day (bpd), down from its previous projection of 400,000 bpd growth. Additionally, OPEC reported that OPEC+ crude output averaged 40.92 million bpd in April 2025, representing a decrease of 106,000 bpd compared to March.

OPEC has adjusted its forecast for oil supply growth from non-OPEC+ producers, now expecting an increase of 800,000 barrels per day this year, down from the previous projection of 900,000 barrels per day. Additionally, OPEC anticipates a 5% reduction in exploration and production investment among non-OPEC+ producers in 2025.

OPEC has kept its forecasts for global oil demand growth in 2025 and 2026 unchanged, according to its monthly report. The organization also commented on the 90-day US-China trade deal, stating that it indicates potential for more enduring agreements and is likely to support the normalization of trade flows.

India's gems and jewellery exports fell 4.62% to $2,037.06 million in April 2025, while imports dropped 17.61% to $1,569.13 million. Cut and polished diamond exports decreased 6.12% to $1,108.74 million, with imports falling 45.95% to $47.64 million. Rough diamond imports grew slightly by 0.56% to $1,200.06 million. Polished lab-grown diamond exports increased 0.41% to $110.74 million. Gold jewellery exports declined 5.41% to $684.51 million, while coloured gemstone exports rose 11.95% to $27.76 million.

According to Russian official Novak, the Russian market is fully supplied with gasoline and diesel fuel. This statement was made by the government, indicating a stable fuel situation in the country.

Aluminum prices have risen sharply, reaching their highest point since a significant event referred to as Trump's 'Liberation Day' shock. This price increase marks a notable development in the aluminum market, potentially impacting various industries that rely on this metal.

Trump stated that secondary sanctions on Russia are always under consideration. He also expressed uncertainty about whether Putin will participate in talks regarding Ukraine.

A Uniper executive has stated that Europe will continue to require Liquefied Natural Gas (LNG) even as demand is decreasing. The executive emphasized that U.S. LNG is the most economically viable method for importing gas into Europe.

The Nifty 50 index provisionally closed at 24,666.90, showing an increase of 88.55 points or 0.36%. In contrast, the Nifty Bank index provisionally closed at 54,801.30, experiencing a decrease of 139.55 points or 0.25%.

OPEC is scheduled to issue its May oil market report at 12:00 GMT. The report is expected to provide insights into the current state of the global oil market.

Bitcoin rose 1% to $103,481 as of 1:04 PM IST on Wednesday, following softer-than-expected U.S. inflation data. The global crypto market capitalization increased by 2.8% to $3.38 trillion. Ethereum surged 7.3% to $2,650, while other altcoins like XRP, Solana, Dogecoin, and Shiba Inu gained between 3% and 9%. The U.S. Consumer Price Index showed inflation rose 0.2% in April, below the 0.3% forecast, easing concerns over further interest rate hikes. Improved U.S.-China trade relations also contributed to the positive sentiment in crypto markets.

Crude oil prices have recovered from their May lows, with Brent crude futures up nearly 12% to $66.49 per barrel and WTI crude futures up 13% to $63.5 per barrel. The rebound is attributed to optimism over easing global trade tensions, particularly between the U.S. and China, and a softer U.S. dollar. Despite a surge in crude inventories, gasoline and distillate stocks declined. OPEC has increased oil output since April, with May output expected to rise by 411,000 barrels per day.

According to sources from the Finance Ministry, India is contemplating severing trade relations with Turkey. The reason cited is India's stance against negotiating with entities that support what it considers a terror state. This information was reported by News 18.

Gold prices in India have decreased on May 14, 2023. The MCX gold index was trading at ₹93,526 per 10 grams at 2 pm. In major cities, gold prices varied: Mumbai (₹94,430/10g), Kolkata (₹93,730/10g), Hyderabad (₹94,620/10g), Chennai (₹94,750/10g), New Delhi (₹94,260/10g), and Bengaluru (₹94,500/10g). Silver prices were also reported, with the MCX silver price at ₹96,793 per kg.

Iron ore prices have hit their highest level in over five weeks. This increase is attributed to optimism surrounding a trade truce between China and the United States. The rise in iron ore prices reflects positive market sentiment regarding Sino-US trade relations.

India's wholesale price inflation, as measured by the Wholesale Price Index (WPI), has decreased to 0.85% year-on-year. This marks a significant drop from the previous figure of 2.05%. The actual inflation rate came in lower than the estimated 1.50%.

Gold June futures on MCX dropped by Rs 452 or 0.48% to Rs 93,195 per 10 grams. Silver July futures also decreased by Rs 704 or 0.73% to Rs 96,063 per kg. This decline follows a positive session on Tuesday where gold and silver had settled higher. The price movements come after U.S. inflation cooled in April, with CPI at 3.2% annually, slightly above expectations of 3.1%. The U.S. Dollar Index was near 100.96, down 0.05%.

The India Meteorological Department (IMD) reports that the southwest monsoon's advancement is on track, with widespread rainfall over the Nicobar Islands. The monsoon has arrived earlier than usual in the region. Westerly winds have strengthened over the south Bay of Bengal, Nicobar Islands, and Andaman Sea. The monsoon is expected to advance further in the next three to four days, covering parts of the south Arabian Sea, Maldives, and south Bay of Bengal. The IMD predicts the monsoon will reach Kerala on May 27, earlier than the usual June 1 date, and is expected to cover most of India by early July.

Bitcoin is trading at $103,495.57 as of 9:30 am on May 14, up 1.57% from the previous day. Its market capitalization stands at $2.05 trillion, with a trading volume of $50.16 billion over the past 24 hours. Bitcoin's dominance in the overall crypto market is at 61.2%. The cryptocurrency's 10-day realized volatility has dropped to 43.86, lower than that of the S&P 500 and Nasdaq 100. Institutional investors, including BlackRock's Bitcoin ETF and Abu Dhabi's sovereign wealth fund, are driving growth. Crypto funds saw investments jump by $882 million for the third consecutive week, with Bitcoin receiving $867 million of that amount.

Gold prices declined on Wednesday, May 14, with spot gold falling 0.4% to $3,234.32 an ounce and US gold futures dropping 0.3% to $3,237.00 per ounce. The decrease is attributed to easing trade tensions between the US and China, which has reduced safe-haven demand. The US is reducing tariffs on low-value Chinese imports, and President Trump has ruled out restoring high tariffs. In India, gold was priced at ₹9,661 per gram for 24 karat. Investors are now focusing on upcoming US inflation data for insights into the Federal Reserve's rate path.

The Nifty 50 index opened at 24,613.80, showing a positive change of 35.45 points or 0.14%. Similarly, the Nifty Bank index opened at 55,008.55, up by 67.70 points or 0.12%.

Gold prices in the domestic futures market declined significantly on Wednesday morning. MCX Gold June 5 contracts were trading 0.45 percent lower at ₹93,230 per 10 grams around 9:10 AM. The decrease is attributed to easing concerns over the US-China trade war.

The yield on India's 10-year benchmark government bond is reported at 6.32%, which is unchanged from its previous close.

The Indian rupee opened at 85.05 against the US dollar, showing an improvement from its previous close of 85.33. This change indicates a strengthening of the rupee in comparison to the dollar.

Oil prices have stabilized after a significant four-day rally, with Brent trading near $66 a barrel and West Texas Intermediate above $63. The rally was driven by trade-war optimism and President Trump's remarks on Iran during his Middle East visit. Trump stated the US would exert maximum pressure on Iranian energy exports if no agreement is reached on Iran's nuclear program. Despite the recent gains, oil prices are still down more than 10% this year. The American Petroleum Institute reported a 4.29 million barrel increase in US crude inventories last week.

Gold prices decreased slightly on Wednesday, with spot gold falling 0.1% to $3,246.21 an ounce and U.S. gold futures rising 0.1% to $3,250.50. The decline is attributed to softening trade tensions between the U.S. and China, which has weakened safe-haven demand. The U.S. plans to reduce the 'de minimis' tariff for low-value shipments from China to 30%. Traders are awaiting Producer Price Index data for insights into the Federal Reserve's rate trajectory, with expectations of 53 basis points of interest rate cuts this year from September.

Oil prices remained close to two-week highs in early Wednesday trading, with Brent crude futures at $66.53 a barrel and WTI crude at $63.60. The stability is attributed to a temporary trade agreement between the U.S. and China, which includes mutual tariff reductions, and a weakening U.S. dollar. Both benchmarks had risen over 2.5% in the previous session. The market is also influenced by reported declines in U.S. gasoline and distillate inventories, although crude stocks increased. Attention is on President Trump's Gulf trip and potential impacts on oil supply from U.S. actions regarding Iran, Russia, and Venezuela.

The Gift Nifty, a financial market indicator, opened down by 0.02% or 4.50 points at 24,731.