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Henning Gloystein

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  • Business

Oil faces big monthly loss on slowing economic growth, oversupply

Both crude benchmarks are now down around 20 per cent since their last peak in June Oil prices fell to their lowest levels since April on Friday, with Brent on track for its biggest monthly loss......

Oil prices dip as Iraq raises exports

While OPEC has been unable to agree on an output freeze in an effort to support prices, Iraq was the latest Middle East producer to raise its exports quota Oil prices dipped to around $49 a barrel......

Oil slides to new 11-year low as Saudi-Iran row cuts chance of output curbs

Oil has slumped from above $115 in June 2014 as shale oil from the United States has flooded the market Oil prices slid more than 4 per cent to new 11-year lows on Wednesday as the row between......

Oil dips to 11-year low as supply balloons

While consumers have enjoyed lower fuel prices, producers have cut spending and thousands of jobs Brent crude prices hit their lowest in over 11 years on Monday, hounded by a relentless rise in......

Oil service firms jostle for India orders amid global spending cuts

Oilfield services firms are scrambling for contracts from India, which has emerged as a rare bright spot for the sector hardest hit by a slump in global crude oil prices that has driven most......

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GUJARAT, HIMACHAL GO TO POLLS

The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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