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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.

Oil prices drop on worries about oversupply

Brent crude oil was down 19 cents, or 0.3 per cent, at $72.87 a barrel, after settling down 1 cent.

24 July 2018 10:15 AM IST

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

Oil prices fall on demand concerns as G20 warns of risks to growth

US West Texas Intermediate (WTI) futures declined 13 cents, or 0.2 per cent, to $68.13 a barrel.

23 July 2018 9:37 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 prices drop amid surprise jump in US stockpiles

Brent futures were down 31 cents, or 0.4 per cent, at $71.85 a barrel by 0240 GMT.

18 July 2018 9:16 AM IST

t pointed that even after rising in the last three months, crude oil prices are mere half of $107 per barrel in May, 2014.

US oil exports to India hit record high ahead of sanctions on Iran

The exports to India could go higher if China imposes levies on its US oil imports over the latest round of US tariffs.

12 July 2018 6:34 PM IST

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

India's Iranian oil imports in June fall 15.9 per cent in June:...

In June, India imported 592,800 barrels per day (bpd) of oil from Iran compared to 705,200 bpd in May.

11 July 2018 11:30 AM IST

India and the US are working towards strengthening bilateral ties on security front, including training programmes.

India must resist diktats from US on Iran, Russia

However, the US knows well the soft spots of some ruling class members of developing nations rather too well.

10 July 2018 1:05 AM IST

Finance secretary Hasmukh Adhia

Petroleum items to come under GST in stages: Hasmukh Adhia

The finance ministry has expressed its intention to include natural gas and ATF within the purview of the goods and...

7 July 2018 7:19 AM IST

Revenue Secretary Hasmukh Adhia. (Photo: File)

Petroleum products to be brought under GST in stages: Adhia

Currently, diesel, petrol, crude oil, natural gas and aviation turbine fuel are outside the purview of GST.

6 July 2018 3:30 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 fall as Trump demands OPEC reduce pricing now'

OPEC together with a group of non-OPEC producers led by Russia started to withhold output in 2017 to prop up prices.

5 July 2018 9:45 AM IST

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

Oil prices climb on tightening US market

US crude inventories fell by 4.5 million barrels in the week to June 29 to 416.9 million barrels.

4 July 2018 8:51 AM IST

This is the lowest growth rate since July 2017 when infrastructure industries had expanded by 2.9 per cent.

Infra growth hits 10-month low

Dip in crude oil, gas production and favourable base effect waning off cited as reasons.

3 July 2018 12:13 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.

Crude oil futures decline nearly 1 pc 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.

30 Oct 2019 1:26 PM IST