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President Hassan Rouhani said Iran will exceed the uranium enrichment limit it agreed upon in a 2015 deal. (Photo: AFP)

'Found new oil field with 50 billion barrels of crude': Iran Prez...

The announcement comes as Iran faces crushing American sanctions after US pulled out of its nuclear deal with world...

10 Nov 2019 10:57 AM GMT

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 by Rs 59 at Rs 4,034 per barrel

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

8 Nov 2019 7:41 AM GMT

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 on sluggish demand

On Multi Commodity Exchange, crude oil prices for November delivery dropped by Rs 4, or 0.07 per cent, to Rs 4,001 per...

7 Nov 2019 7:20 AM GMT

OPECs output recovered in October from an eight-year low after a rapid rebound in Saudi Arabias production from attacks on its oil infrastructure.

Oil unchanged after overnight losses amid caution over trade talks

US crude exports fell nearly 1 million barrels last week to 2.4 million barrels per day.

7 Nov 2019 3:12 AM GMT

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 Nov 2019 7:55 AM GMT

OPECs output recovered in October from an eight-year low after a rapid rebound in Saudi Arabias production from attacks on its oil infrastructure.

Oil slips on huge US crude build; hopes for US-China trade talks check...

US crude inventories rose by 4.3 million barrels in the week ended Nov 1 to 440.5 million barrels.

6 Nov 2019 3:23 AM GMT

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 on low demand

Crude oil for delivery in November was trading lower by Rs 46, or 0.14 percent, to Rs 4,004 per barrel in 27,004 lots.

5 Nov 2019 9:32 AM GMT

OPECs output recovered in October from an eight-year low after a rapid rebound in Saudi Arabias production from attacks on its oil infrastructure.

Oil edges down; eyes on data amid trade deal hopes

Traders may be taking profits on oil ahead of uncertainty around macro-economic data and US oil inventory reports.

4 Nov 2019 4:16 AM GMT

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 rise over 1 per cent to Rs 3,921 per barrel

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

1 Nov 2019 9:24 AM GMT

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 on spot demand, global cues

Analysts said fresh bets created by participants kept crude prices higher in futures trade.

27 Dec 2019 9:00 AM GMT

Facts first. Crude oil prices rose 0.61 per cent to Rs 4,157 per barrel in futures trade on July 12 as speculators raised their exposure, tracking a rebound in global markets.

Oil rises, supported by trade deal, OPEC cuts

West Texas Intermediate was up 20 cents, or 0.3 per cent, at USD 61.31 a barrel.

26 Dec 2019 5:14 AM GMT

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

India's November oil import growth fastest in seven months: report

India's November oil imports rose 12.7 per cent to 19.17 million tonnes (about 4.7 million barrels per day).

25 Dec 2019 5:25 AM GMT