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

Oil prices fall as US crude output hits record 12 million bpd

WTI crude oil futures were at USD 56.84 per barrel, down 12 cents, or 0.2 per cent

22 Feb 2019 10:14 AM IST

Reliance Industries plans to shut oil and gas production at its main fields in KG-D6 block in the coming months.

Oil hovers near 2019 highs amid OPEC cuts

Oil prices have been driven up this year by supply cuts led by the Organisation of the OPEC.

21 Feb 2019 4:34 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 near 2019 highs amid OPEC cuts, US sanctions

OPEC as well as some non-affiliated producers such as Russia agreed late last year to cut output by 1.2 mn barrels per...

20 Feb 2019 11:00 AM IST

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

Brent oil eases from 2019 highs as markets await trade talks outcome

Brent crude oil futures were at USD 66.08 per barrel at 0220 GMT, down 42 cents, or 0.6 per cent from their last close.

19 Feb 2019 1:34 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.

Brent crude oil slips away from 2019 high after China reports car...

At least partly offsetting the supply cuts has been a surge in US crude oil production by more than 2 million bpd in...

18 Feb 2019 10:21 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 rise on OPEC output cuts, as US sanctions bite

International Brent crude futures were up 50 cents, or 0.8 per cent, at USD 62.01 per barrel.

12 Feb 2019 10:24 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 falls as US maintains record output, inventories climb

US crude oil production remained at the record 11.9 million barrels per day (bpd) it reached in late 2018.

7 Feb 2019 10:28 AM IST

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

Oil prices set for biggest first-quarter gain since 2009 on US...

Brent crude oil futures were up 30 cents, or 0.4 per cent, at USD 68.12 per barrel.

29 March 2019 11:16 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 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

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

The oil ministry held a meeting with refiners on Thursday, urging them to scout for alternatives to Iranian oil, the sources said.

Reliance selling fuels from India to Venezuela to avoid US sanctions

Reliance had been supplying alkylate, diluent naphtha, and other fuel to Venezuela though its US-based subsidiary.

21 March 2019 8:57 AM IST