US tight Crude Oil output to touch 2.8 mb/d by 2015, 3.1 mb/d 2020: Barclays

Oil from these formations does not rise to the top cheaply or easily. These are unconventional barrels, and the associated plays are indeed gearing up for unconventional experiments for efficiency in an oil-drilling context.Commodity Online

Platinum, Palladium markets may witness deficit in 2013-14: Barclays

The newly launched physically backed ETF in South Africa has recorded fresh demand exceeding 190koz. Collectively, platinum ETP holdings are at a fresh record high, surpassing 2Moz. Yet, the platinum price has yet to meaningfully break above $1500/oz, suggesting that underlying fabrication demand remains weak or stock levels are healthy. Commodity Online

Spot wheat rules up in Rajasthan and Gujarat

New Delhi – Spot wheat quoted up in Rajasthan and Gujarat on Saturday. Meanwhile, it offered unchanged in UP, MP and Delhi markets. NCDEX wheat May contract traded down Rs 4 a quintal at Rs 1,487 a quintal. At Lawrence road market of Delhi, wheat mill quality traded at Rs 1,475 a quintal. Arrival of wheat comprised 14,000-15,000 bags. At Kota mandi in Rajasthan, mill quality offered at Rs 1,480-1,500 a quintal, lokwan at Rs 1,540-1,590 a quintal, PD variety at Rs 1,520-1,570 a quintal, arrival here stood at 20,000 bags, while at Bundi mandi mill quality wheat offered at Rs 1,475-1,500 a quintal, lokwan at Rs 1,550-1,600 a quintal and PD at Rs 1,540-1,570 a quintal. Arrival here stood at 13,000 bags. At Baran mandi, wheat mill quality offered at Rs 1,480-1,505 a quintal, lokwan at Rs 1,520-1,580 a quintal. Arrival here stood at 15,000 bags. At Indore mandi of Madhya Pradesh, wheat mill quality quoted at Rs 1,500 a quintal, malavraj at Rs 1,600-1,650 a quintal, lokwan at Rs 1,600-1,800 a quintal, 147 at Rs 1,600-1,800 a quintal, chandausi variety at Rs 2,000-3,000 a quintal. Arrival stood 3,000 bags. At Sehore mandi, wheat mill quality offered at Rs 1,470 a quintal, lokwan at Rs 1,500-1,800 a quintal. Wheat sharbati quoted at Rs 1,750-2,700 a quintal. Arrival stood 4,500 bags. Wheat mill quality quoted at Rs 1,350-1,400 a quintal, sharbati at Rs 1,800-2,500 per quintal at Ashok Nagar. Total arrival reported 2,000-2,500 bags. Wheat mill quality quoted at Rs 1,470-1,500 per quintal at Harda. Arrival stood at 1,000 bags. Wheat mill quality offered at Rajkot at Rs 1,610 a quintal at Ahmedabad in Gujarat. At Kanpur mandi in Uttar Pradesh wheat mill quality quoted at Rs 1,440 per quintal. At Bareilly, wheat offered at Rs 1,440 per quintal bilty. MoneyControl