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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 fall Rs 7 on weak global cues

At the Multi Commodity Exchange, crude for delivery in March traded lower by Rs 7, or 0.18 per cent, at Rs 3,878 a...

6 Feb 2019 2:25 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.

Oil prices edge higher, but future demand concerns cap gains

Prices have risen more than 25 per cent this year, supported by supply curbs by the OPEC.

27 March 2019 12:00 PM IST

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

Crude oil futures slip 0.22 pc on weak global trend

At Multi Commodity Exchange, crude oil for delivery in April traded Rs 9, or 0.22 per cent, lower at Rs 4,066 per barrel...

25 March 2019 12:41 PM IST

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

Oil near 2019 highs on OPEC supply cuts, US sanctions

Brent crude oil futures were up 10 cents at USD 67.64 per barrel, also close to this year's peak of USD 68.14 reached...

19 March 2019 10:44 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

The first two-plus-two meeting between India and the US was tentatively scheduled for April 18-19. (Photo: AP)

US says India welcome to bring in serious trade proposals for...

Observing that trade is an area of frustration, the US has said that the door is open if India is prepared to bring a...

16 March 2019 12:04 PM IST

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

US aims to cut Iran oil exports to under 1 mn bpd from May: sources

US officials were constantly assessing global oil markets to determine the way forward with Iran sanctions waivers.

14 March 2019 10:16 AM IST

Reliance Industries Limited

Reliance halts oil exports to Venezuela in view of US sanctions

Reliance has investments in US shale gas projects and trades fuel in North America.

14 March 2019 9:14 AM IST

The plan should eat into the countrys jet fuel exports, which rose to a record of 7,41,000 tonnes in March, according to preliminary government data.

Asian jet fuel profit margins hit over eight-month low on weak demand

Jet fuel cracks have shed about 9 pc in the last 1 week, and are currently about 7 pc weaker than this time last year.

13 March 2019 2:16 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.

Oil prices rise amid broad market rally, OPEC supply cuts

Brent crude futures were at USD 66.75 per barrel, up 17 cents, or 0.3 per cent.

12 March 2019 8:35 AM 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.

Oil prices slide on economic slowdown, surging US supply

WTI crude oil futures were at USD 56.32 per barrel, down 34 cents, or 0.6 per cent.

8 March 2019 10:42 AM 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.

Oil edges up on OPEC cuts, US sanctions against Venezuela and Iran

US crude oil production remained at a record 12.1 million bpd, an increase of more than 2 million bpd since early 2018.

7 March 2019 10:54 AM IST