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Khaled al-Faleh said on Friday the global market has the capacity to absorb higher oil prices.

Market has capacity to absorb higher oil prices: Saudi minister

Faleh insisted the Organization of Petroleum Exporting Countries (OPEC) does not have a price target for oil.

20 April 2018 6:08 PM IST

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

Oil prices rise amid risk of supply disruptions

Brent crude oil futures LCOc1 were at $71.80 per barrel at 0120 GMT, up 38 cents, or 0.5 per cent.

17 April 2018 9:19 AM IST

Mr Putin said he expected the world oil market soon to be balanced.

Oil markets tense on Middle East crisis, US-China trade spat

Oil markets remained tense on Thursday on concerns over a military escalation in Syria.

12 April 2018 1:29 PM IST

Higher opening in domestic stock market limited rupee losses. (Photo: PTI).

Govt mulls maiden overseas sovereign bond sale

The borrowing, however, would remain under the limit of the budgeted plan of Rs 6.06 lakh crore for the current fiscal.

12 April 2018 9:59 AM IST

Prime Minister Narendra Modi will address the CPSE Conclave at Vigyan Bhawan on Monday, according to an official statement.

Modi calls for responsible pricing for affordable energy to all

Modi said efforts at artificially distorting prices were self-destructing.

11 April 2018 11:31 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, but trade dispute and Syria keep market on edge

Oil prices fell about 2 per cent on Friday after US President Donald Trump threatened new tariffs on China.

9 April 2018 10:52 AM IST

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

Crude oil futures up 0.68 per cent on global cues

At Multi Commodity Exchange, crude oil for delivery in current month rose by Rs 28 or 0.68 per cent.

5 April 2018 11:50 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 prices slips on expectations for US crude stock build

Russian government comments on prospects for stepping up cooperation with OPEC.

4 April 2018 1:25 PM IST

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

Oil prices drop on oversupply concerns as OPEC output increased in...

OPEC hiked production by 70,000 barrels per day (bpd) to 32.64 million bpd, the most this year.

31 July 2018 10:22 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

International Monetary Fund

IMF slashes India's growth prediction to 7.3 per cent for 2018

Further, the international financial organisation forecasted a rate of growth of 7.8 per cent for 2019.

17 July 2018 10:48 AM IST