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Latest Articles in crude oil

Rupee Rises 14 Paise Against US Dollar In Early Trade

The rupee on Wednesday had depreciated by 25 paise to close at 70.46 against the US dollar

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Iran Minister Says EU Trade Arrangement Moving Slowly, Talking To India, China

The EU wanted a so-called special purpose vehicle (SPV) to help preserve the economic benefits for Iran deriving from the curbs Tehran placed on its nuclear programme under a 2015 deal with world powers

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Indian State Firms Allowed Private Help With Old Oil, Gas Blocks

India is the world's third-largest oil consumer and buys about 80 per cent of its supplies from abroad. Prime Minister Narendra Modi has set a target to cut India's dependence on foreign oil to 67 per cent by 2022

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IEA Sees Global Oil Supply Tightening More Quickly In 2019

Uncertainty over the global economy stemming from U.S.-China trade tensions could undermine oil consumption next year, as growth in supply gathers pace

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Oil Prices Extend Gains On Expected OPEC-Led Supply Cuts

International Brent crude oil futures were up 40 cents, or 0.7 percent, at $62.09 per barrel.

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Qatar To Withdraw From OPEC As Of January 2019: Minister

The announcement comes ahead of the meeting by OPEC and its allies including Russia on Dec. 6-7 to discuss cutting supply

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Global Markets: Asian Shares, Oil Soar On Sino-U.S. Trade Truce

Trade-exposed currencies led the early gains, with the Australian dollar notching a four-month peak, while the dollar dropped to one-month lows against the yuan

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Oil Breaks Above $60/BBL, But Doubts About Growth Curb Gains

Prices on Friday hit their lowest since October 2017 amid intensifying fears of a supply glut. Brent sank to $58.41 a barrel, while WTI fell to $50.15 a barrel

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Rupee Hits Near 12-Week High; Traders Say RBI Not Seen In Market

The rupee strengthened past the psychological 71-to-the-dollar mark, climbing to as much as 70.9175, the highest since Sept. 3 and compared to its previous close of 71.46 on Tuesday

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Rupee Jumps 36 Paise Against US Dollar On Crude Cool-Off

The recovery in rupee was also supported by dollar-selling by exporters and banks, foreign fund inflows and the greenback's weakness against some currencies overseas, traders said

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Rupee Rises 67 Paise Against US Dollar On Falling Crude Prices

The rise in the rupee was also supported by dollar-selling by exporters and banks and the US unit's weakness against some currencies overseas, traders said

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Sensex Dives 346 Points Amid Fresh Concerns Over Crude, Rupee

Mixed leads from most other Asian markets and a lower opening of european shares too fuelled the downtrend

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Saudi Minister Calls For 1 Million BPD Global Oil Output Cut

Khalid A. Al-Falih, Minister of Energy, Industry and Mineral Resources of Saudi Arabia said Saudi Arabia will cut its production by 500,000 bpd as of next month to help stabilise the market

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Oil Prices Jump After Saudi Arabia Announces December Supply Cut

Saudi Arabia plans to reduce oil supply to world markets by 500,000 barrels per day (bpd) in December, its energy minister said yesterday, as the country faces uncertain prospects in getting other producers to agree to a coordinated output cut

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Gave Exemptions To Some After They Sought 'Help' To Keep Oil Prices Down: Trump On Iran Sanctions

The US on Monday imposed "the toughest ever" sanctions on a defiant Iran aimed at altering the Iranian regime's "behaviour"

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