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Latest Articles in crude

Rupee Slips 17 Paise To 71.72 Vs $ In Early Trade

At the interbank foreign exchange, the rupee opened weak at 71.65 then fell to 71.72 against the US dollar, showing a decline of 17 paise over its previous closing.

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Oil Rises More Than 1% As Recession Fears Recede

Brent crude was up 68 cents, or 1.2%, at $58.91 a barrel at 0650 GMT, after falling 2.1% on Thursday and 3% the previous day.

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Global Markets: Stocks Spooked, Oil Sinks As Bond Markets Scream Recession

The threat to global demand took a heavy toll on oil prices, with Brent crude losing another 44 cents to $59.04 a barrel, after shedding 3% overnight. US crude was last down 33 cents at $54.90.

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Oil Prices Drop On Weak China Economic Data, US Stocks Rise

Brent crude was down 64 cents, or 1 per cent, at $60.66 a barrel at 0446 GMT, after rising 4.7 per cent on Tuesday, the biggest percentage gain since December.

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Oil Prices Slip As Demand Concerns Outweigh Efforts To Curb Supply

International benchmark Brent crude futures were down 18 cents or 0.3%, from the previous settlement, to $58.39 a barrel by 0310 GMT.

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Oil Slips As Demand Outlook, Trade Dispute Weigh

International benchmark Brent crude futures were at $58.35 a barrel by 0249 GMT, down 18 cents, or 0.3%, from their previous settlement.

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Oil Sets New Seven-Month Low On Trade Tensions

Brent crude futures were down 70 cents, or 1.2 per cent, at $ 58.26 a barrel by 1205 GMT, setting a fresh seven-month low. Prices have lost more than 20 per cent since hitting their 2019 peak in April.

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Government Aims To Cut Petroleum Imports As It Boosts Alternative Fuel Use

India imported about 33 million tonnes of oil products over April 2016 to February 2017, up nearly 24 per cent from the same period a year ago

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India Tries To Fix Iran Trade Payments As Donald Trump Hardens Line

India is exploring setting up a new payments mechanism for trade with Iran, after its old sanctions workaround broke down, as state banks remain fearful of handling payments from Tehran in case the United States imposes a fresh financial embargo

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High Oil Prices, Volatile Exchange Rate Risk To Inflation: RBI

The Reserve Bank on Wednesday said inflation will remain below 5 per cent in the January-March quarter of this fiscal but hardening of global crude oil prices and volatility in exchange rates could put upside pressure in the next financial year

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Core Sector Growth Slips To 4.9% In November

Impact of note ban seems to be weighing on industrial output with core sector growth decelerating to 4.9 per cent in November 2016 as against 6.6 per cent in the previous month

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No Petrol, Diesel Price Hike On December 16, Say Oil Companies

PSU oil companies have deferred a planned Rs 2.26 a litre hike in petrol and Rs 1.78 increase in diesel

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Fed Lifts Rates, Sees Faster Pace Of Hikes In Donald Trump's First Year

The US Federal Reserve raised interest rates on Wednesday and signalled a faster pace of increases in 2017 as central bankers adapted to the incoming Trump administration's promises of tax cuts, spending and deregulation

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India's Diesel Demand Boosts Rare Imports Of The Fuel

A rise in diesel demand is boosting India's rare imports of the industrial and transport fuel, helping to mop up some of the excess supply of the fuel in Asia, traders said on Wednesday

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Sensex Falls On Donald Trump's Visa Comments, Soaring Crude

Shares fell on Monday, heading for their first drop in three sessions, as information technology stocks were hit by tough talk on visas by US president-elect Donald Trump, while oil retailers declined after crude prices surged to their highest since mid-2015

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