Energy Emerging market stocks slide, currencies slip against firmer dollar Emerging market stocks were on track for their steepest one-day fall in two weeks on Wednesday, following Tuesday's deci Published 05 Dec, 2018 03:36pm
Energy Oil pares gains as uncertainty looms NEW YORK: Oil prices pared gains in a volatile trade on Tuesday as fears flared that demand would stall due to a tra Published 04 Dec, 2018 06:22pm
Energy Oil curbs gains amid trade, output cut uncertainty NEW YORK: Oil prices pared gains in a volatile trade on Tuesday as fears flared that demand would stall due to a tra Published 04 Dec, 2018 06:12pm
Energy Oil surges almost 4pc on trade truce, expected supply cuts NEW YORK: Oil prices jumped nearly four percent on Monday after the United States and China agreed to a 90-day truce Published 03 Dec, 2018 09:48pm
Energy Canadian crude prices rally after Alberta orders output cuts NEW YORK: Canadian oil prices surged to a four-month high on Monday, a day after Alberta said it would mandate tempo Published 03 Dec, 2018 08:33pm
Energy Oil surges 3pc on trade truce, expected supply cuts NEW YORK: Oil prices jumped more than 3 percent on Monday after the United States and China agreed to a 90-day truce Published 03 Dec, 2018 08:12pm
Energy Venezuelan crude sales to US fall for second month in a row Venezuelan crude sales to the United States declined in November for the second consecutive month to 482,517 barrels Published 03 Dec, 2018 08:02pm
Americas Energy Exxon expects 25pc more oil from Guyana's offshore block Exxon Mobil Corp and its partners now expect the large Stabroek oil block offshore Guyana to contain 25 percent more rec Published 03 Dec, 2018 02:21pm
Energy Brazil's Petrobras to explore for oil and gas with Murphy in Gulf of Mexico SAO PAULO: Brazil's state-controlled Petroleo Brasileiro SA (Petrobras) said on Monday it had sealed a joint venture wit Published 03 Dec, 2018 11:36am
Energy Oil falls, set for more than 20pc loss in Nov amid swelling stocks NEW YORK: Oil prices fell further on Friday as swelling inventories depressed sentiment despite widespread expectati Published 30 Nov, 2018 08:28pm
Energy Oil drops; losses limited by hopes of OPEC, Russia output cut NEW YORK: Oil prices edged lower on Friday due to concerns of oversupply but losses were limited by expectations tha Published 30 Nov, 2018 08:12pm
Energy US Sept oil output hits 11.5mn bpd, 4th straight month of record highs NEW YORK: US crude oil output hit a new all-time high of 11.5 million barrels per day in September, according to the Published 30 Nov, 2018 08:10pm
Energy Oil rises after Russia leans towards output cut NEW YORK: Oil reversed course and rose as much as 3 percent on Thursday, after industry sources said Russia had acce Published 29 Nov, 2018 08:05pm
Energy Oil resumes sell-off as growing US stockpiles feed oversupply fears NEW YORK: Oil prices fell about 2.5 percent on Wednesday after U.S. crude inventories rose for the 10th straight wee Published 28 Nov, 2018 09:51pm
Americas Energy Oil falls below $60/bbl after 10th straight U.S. crude build NEW YORK: Oil fell below $60 per barrel on Wednesday after U.S. crude inventories rose for the 10th straight week am Published 28 Nov, 2018 08:58pm
Energy Brazil's Petrobras ceases participation in several oil fields SAO PAULO: Brazil's state-controlled oil company Petroleo Brasileiro SA said Wednesday it had signed agreements to cease Published 28 Nov, 2018 01:14pm
Energy Oil prices fall more than 1pc ahead of G20, OPEC meeting NEW YORK: Oil prices fell more than 1 percent on Tuesday, in conjunction with sagging stock markets after U.S. Presi Published 27 Nov, 2018 08:22pm
Energy Oil breaks above $60/bbl, but doubts about growth curb gains NEW YORK: Oil prices rose about 3 percent on Monday, clawing back some of the previous session's steep losses, altho Published 26 Nov, 2018 07:33pm
Energy Exxon Beaumont Texas refinery plans to restart FCCU by late next week HOUSTON: Exxon Mobil Corp plans to restart the gasoline-producing fluidic catalytic cracking unit (FCCU) at its 365, Published 23 Nov, 2018 08:20pm
Energy Brent crude slips as investors fear another glut NEW YORK: Brent crude futures fell in choppy trade on Monday, under pressure from growing supply but supported by a repo Published 19 Nov, 2018 07:46pm
Energy US crude stocks build the most in a week since Feb 2017: EIA NEW YORK: US crude oil stocks posted the biggest weekly build in nearly two years last week as production hit a new reco Published 15 Nov, 2018 09:44pm
Energy Oil rises more than 1pc despite potential looming supply glut NEW YORK: Oil futures rose more than 1 percent on Thursday, steadying after this week's steep losses as fuel stockpile d Published 15 Nov, 2018 09:19pm
Americas Energy Oil rises despite potential looming supply glut NEW YORK: Oil futures rose on Thursday, steadying after this week's steep losses as fuel stockpile declines in the Unite Published 15 Nov, 2018 09:18pm
Energy Oil rises more than 1pc despite potential looming supply glut NEW YORK: Oil futures rose more than 1 percent on Thursday, steadying after this week's steep losses as fuel stockpi Published 15 Nov, 2018 05:09pm
Energy US crude stocks jump 10.3mn barrels last week: EIA NEW YORK: US crude stocks rose last week as imports climbed, while gasoline stocks decreased and distillate inventor Published 15 Nov, 2018 04:16pm
Energy Oil rebounds after plunge, world stock markets fall for fifth day NEW YORK: Oil prices rebounded on Wednesday on hopes for output cuts after a steep drop a day earlier, while a gauge of Published 14 Nov, 2018 10:38pm
Energy Oil rebounds from steep selloff as OPEC, partners discuss supply cut NEW YORK: Oil rose nearly 2 percent on Wednesday, recouping some of the previous session's heavy selloff, on growing pro Published 14 Nov, 2018 10:05pm
Energy Fuel shortages the new normal in Venezuela as oil industry unravels VALENCIA/CARACAS: With chronic shortages of basic goods afflicting her native Venezuela, Veronica Perez used to drive fr Published 13 Nov, 2018 11:05pm
Energy US shale oil output to hit record high 7.9mn bpd in Dec: EIA NEW YORK: US crude oil output from seven major shale basins was expected to hit a record of 7.94 million barrels per day Published 13 Nov, 2018 08:58pm
Americas Energy Oil plummets on global demand concerns; US stocks turn lower NEW YORK: Wall Street stock prices shed earlier gains on Tuesday while oil prices plunged on persistent concerns of weak Published 13 Nov, 2018 08:54pm