Asia’s crude oil imports slip in April, trail OPEC forecasts: Russell LAUNCESTON: Asia’s imports of crude oil slipped slightly in April from March, as increased arrivals in China failed... Published 02 May, 2024 11:04am
Markets OPEC oil output falls in April, led by Iran and Iraq, survey finds LONDON: OPEC oil output has fallen in April, a Reuters survey found on Tuesday, reflecting lower exports from Iran,... Published 01 May, 2024 04:14am
Markets Oil slips after Iran plays down reported Israeli attack Oil slipped on Friday following an earlier price spike of more than $3 after Iran played down reported Israeli... Updated 19 Apr, 2024 08:40pm
Markets Oil sheds more than $1/barrel after Iran attack NEW YORK: Oil prices sank by about $1 a barrel on Monday after Iran’s weekend attack on Israel proved to be less... Updated 15 Apr, 2024 08:50pm
Markets Oil falls on US refinery outage, persistent inflation Oil prices fell by $1 on Thursday following a major U.S. refinery outage and as sticky inflation dampened hopes for... Updated 12 Apr, 2024 08:49am
Markets Oil prices climb on supply risk HOUSTON: The Brent and US West Texas Intermediate crude oil benchmarks rose more than $1 a barrel during trade on... Published 07 Apr, 2024 03:01am
BR Research Oil prices: Bears out! It is not quite the panic of 2022, yet, but the international oil market has continued to heat up. Now nearing a... Published 05 Apr, 2024 09:41am
World Kuwait, under new emir, votes yet again KUWAIT CITY: Vote-weary Kuwait heads to the polls for the third time in three years on Thursday, just months into ... Published 05 Apr, 2024 04:50am
Markets Oil steady, bolstered by lower supply concerns LONDON: Oil prices were steady on Thursday, shored up by concerns about lower supply as major producers keep output... Updated 04 Apr, 2024 09:09pm
Business & Finance OPEC+ keeps output policy steady LONDON/MOSCOW/DUBAI: A meeting of senior OPEC+ ministers kept oil output policy unchanged and pressed some countries... Published 04 Apr, 2024 04:56am
Markets OPEC+ ministers keep oil output policy steady, sources say LONDON/MOSCOW/DUBAI: A meeting of the top ministers of OPEC+ has kept oil output policy unchanged, three OPEC+... Published 03 Apr, 2024 05:42pm
Markets Oil rises as investors bet on tighter supply, China’s economy LONDON: Oil prices added to recent gains on Monday amid expectations of tighter supply from OPEC+ cuts and attacks... Updated 01 Apr, 2024 03:00pm
Markets OPEC, IEA at most divided on oil demand since at least 2008 LONDON: Producer group OPEC and the International Energy Agency, the world’s most closely watched forecasters of... Published 28 Mar, 2024 06:30am
BR Research Oil prices favouring upside Having stayed rather calm for four months, international crude oil prices have once again started to look set for... Published 15 Mar, 2024 09:00am
Business & Finance IEA raises oil demand outlook again but still lags OPEC LONDON: The International Energy Agency on Thursday raised its view on 2024 oil demand growth for a fourth time ... Published 15 Mar, 2024 04:14am
Markets OPEC says IEA commentary on oil security encouraging DUBAI: Oil producer group OPEC said on Wednesday it was encouraged by a commentary from the International Energy... Published 13 Mar, 2024 03:52pm
Markets Oil rises on Russian refinery attacks, signs of strong demand LONDON: Oil rose on Wednesday, supported by potential supply disruption after Ukrainian attacks on Russian... Updated 13 Mar, 2024 05:32pm
Business & Finance OPEC sticks to oil demand view, nudges up economic growth LONDON: OPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024 and 2025, ... Published 13 Mar, 2024 06:32am
Markets Oil prices rise slightly as OPEC retains demand forecasts NEW YORK: Oil prices rose slightly on Tuesday as the market weighed bearish U.S. economic data against OPEC’s demand... Updated 12 Mar, 2024 09:56pm
Markets Oil prices slips amid concerns over Middle East, China demand LONDON: Global benchmark Brent slipped on Monday, dipping below $82 a barrel, as persistent geopolitical concerns in... Updated 11 Mar, 2024 06:03pm
BR Research Oil price: Of Opec, Fed and China Opec+ did what it was expected to do. The world’s largest oil cartel with nearly 60 percent of the world’s crude oil... Published 07 Mar, 2024 07:44am
Markets Most Gulf markets in red ahead of key Fed Powell testimony Major stock markets in the Gulf fell in early trade on Wednesday ahead of congressional testimony from Federal... Published 06 Mar, 2024 01:16pm
Markets Most Gulf markets rise in early trade Most stock markets in the Gulf were up in early trade on Monday amid rising oil prices after OPEC+ members agreed to... Published 04 Mar, 2024 01:05pm
Markets Oil inches lower amid profit taking on OPEC+ cut extension LONDON: Oil prices drifted lower on Monday as traders indulged in some profit taking a day after the widely expected... Updated 04 Mar, 2024 05:46pm
Print OPEC+ members extend oil output cuts to second quarter DUBAI: OPEC+ members led by Saudi Arabia and Russia agreed on Sunday to extend voluntary oil output cuts into the... Updated 04 Mar, 2024 09:39am
Markets Oil slides 1% as weaker IEA demand outlook offsets rate cut hopes LONDON: Oil fell by about 1% on Friday as slowing demand forecast by the International Energy Agency (IEA) offset... Updated 16 Feb, 2024 07:13pm
BR Research Oil price: Firm for now After a relative calm of six days, things have started to heat up again in and around the Red Sea – offering bullish... Published 15 Feb, 2024 08:43am
Markets Oil holds firm on OPEC demand forecast and U.S. fuel stocks LONDON: Oil prices edged higher on Wednesday, holding on to Tuesday’s gains on a robust demand growth forecast from... Updated 14 Feb, 2024 08:54pm
Markets OPEC sticks to oil demand view, sees better economic growth LONDON: OPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024 and 2025 and... Published 13 Feb, 2024 06:02pm
Markets Iraq committed to OPEC, will not produce more than 4mn bpd: minister BAGHDAD: Iraq is committed to OPEC decisions and after its second voluntary cut announced in December it is also... Published 12 Feb, 2024 05:02pm