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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

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

Oil prices near 2019 highs amid OPEC supply cuts, US sanctions

Petroleum prices have been propped up by supply cuts by the OPEC and OPEC+.

22 March 2019 10:23 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

A fuel glut in China, a hangover from demonetisation in India, and an ageing, declining population in Japan are holding back crude oil demand growth in three of the worlds top four oil buyers.

Oil near 2019 highs after US ends all Iran sanction exemptions

WTI crude futures hit their highest level since October 2018 at USD 65.95 per barrel before edging back to USD 65.89.

23 April 2019 9:54 AM IST

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

Oil prices soar by about 3 per cent as plans US end to Iran sanction...

Brent crude futures rose as much as 3.3 per cent to USD 74.31 a barrel, the highest since November.

22 April 2019 10:54 AM IST

Opec ministers from Saudi Arabia, the UAE, Kuwait and Algeria along with their counterpart from non-Opec Oman met unofficially in Kuwait on Saturday.

Oil prices extend losses as oversupply worries drag

US West Texas Intermediate (WTI) crude futures were at USD 63.32 per barrel, down 8 cents, or 0.13 per cent.

16 April 2019 10:57 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 amid OPEC supply cuts, US sanctions on Iran and...

China and India comprise nearly 55 per cent of global demand growth.

12 April 2019 10:27 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 as economic concerns outweigh supply risks

WTI crude futures were at USD 58.70 per barrel, down 44 cents, or 0.7 per cent, from their last settlement.

29 May 2019 8:28 AM IST

A fuel glut in China, a hangover from demonetisation in India, and an ageing, declining population in Japan are holding back crude oil demand growth in three of the worlds top four oil buyers.

Oil prices stable amid OPEC supply cuts, but US-China trade war drags

US West Texas Intermediate (WTI) crude futures were at USD 58.54 per barrel, 9 cents below their last settlement.

27 May 2019 9:54 AM IST

US crude inventories likely saw a build for the second straight week, rising 200,000 barrels in the week ended March 30.

Oil rises on US-Iran tensions, but trade war concerns weigh

US West Texas Intermediate WTI crude futures were up 26 cents, or 0.4 per cent, at USD 63.36 per barrel.

21 May 2019 11:24 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 surges after OPEC indicates it will maintain output cuts

US West Texas Intermediate crude was 82 cents, 1.3 per cent, higher at USD 63.58 a barrel.

20 May 2019 10:33 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 rises as Middle East tensions mounts, set for weekly gains

Brent crude futures were at USD 73.00 a barrel at 0303 GMT, up 38 cents, or 0.5 per cent.

17 May 2019 9:56 AM IST