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Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Crude oil futures slip on weak global cues

Analysts said the fall in crude oil futures was mostly due to trimming of positions by traders amid weak global cues.

18 Dec 2019 12:58 PM IST

Ever since the government came to power in 2014, experts pointed out that the lower crude oil prices over the last few years had helped the government to significantly improve Indias macro economic indicators.

Crude oil futures gain marginally on global cues

Analysts said raising of bets by participants kept crude prices higher in futures trade here.

17 Dec 2019 1:08 PM IST

Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Crude oil futures slip on weak global cues

Marketmen said the fall in crude oil futures was mostly due to trimming of positions by traders in tandem with a weak...

9 Dec 2019 3:25 PM IST

Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Crude oil futures slip on weak global cues

The fall in crude oil futures was mostly due to trimming of positions by traders, in line with weak global cues,...

6 Dec 2019 1:59 PM IST

India pays its third largest oil supplier in euros using European banking channels and imports.

Oil dips on manufacturing downturn, but OPEC cuts offer support

International Brent crude futures were down 21 cents, or 0.4 percent, at 0258 GMT at $55.74 a barrel.

4 Jan 2019 10:38 AM IST

Crude oil was trading higher 0.68 per cent to Rs 4,139 per barrel in futures market on Thursday.

Oil prices firm on hopes for US, China trade deal

WTI crude futures were at USD 57.38 per barrel, up 11 cents, or 0.2 per cent, from their last settlement.

25 Feb 2019 10:20 AM IST

Crude oil was trading higher 0.68 per cent to Rs 4,139 per barrel in futures market on Thursday.

Brent oil eases from 2019 highs as markets await trade talks outcome

Brent crude oil futures were at USD 66.08 per barrel at 0220 GMT, down 42 cents, or 0.6 per cent from their last close.

19 Feb 2019 1:34 PM IST

Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Brent crude oil slips away from 2019 high after China reports car...

At least partly offsetting the supply cuts has been a surge in US crude oil production by more than 2 million bpd in...

18 Feb 2019 10:21 AM IST

Thats a 28 per cent gain in two years, putting the US close to becoming the worlds biggest crude producer, edging nearer to the 11 million bpd churned out by Russia.

Oil falls as US maintains record output, inventories climb

US crude oil production remained at the record 11.9 million barrels per day (bpd) it reached in late 2018.

7 Feb 2019 10:28 AM IST

Crude oil was trading higher 0.68 per cent to Rs 4,139 per barrel in futures market on Thursday.

Oil slips on economic slowdown, but OPEC-led cuts still support

OPEC's de-facto leader Saudi Arabia said on Sunday that balancing oil markets was far from done as inventories were...

18 March 2019 10:25 AM IST

We expect the global leaders will understand our requirements, Petroleum Minister Dharmendra Pradhan said.(Photo: File | PTI)

Oil prices firm as supply deficit emerges amid disruptions

OPEC+ will meet in Baku, Azerbaijan, over the weekend to review its output policy, although most expect the cuts to...

15 March 2019 10:49 AM IST

Rupee strengthened by 28 paise to close at 70 against the dollar on Thursday.

Rupee appreciates 15 paise against US dollar

On a weekly basis the Rupee logged 78 paise gains.

11 March 2019 10:26 AM IST