Energy Oil dives 3pc on demand worries even as OPEC, allies extend cuts NEW YORK: Oil prices fell about 3pc on Tuesday, even after OPEC and allies including Russia agreed to extend supply cuts Published 02 Jul, 2019 07:12pm
Energy Oil steadies on OPEC cuts, but oversupply fears persist NEW YORK: Oil prices steadied on Monday as OPEC extended supply cuts until March 2020 during a meeting in Vienna, but pr Published 01 Jul, 2019 07:19pm
Energy Exxon quarterly profit to feel pinch of weaker natural gas, chemical earnings Exxon Mobil Corp said on Monday lower natural gas and chemical margins in its second quarter would offset improved crude Published 01 Jul, 2019 07:02pm
Energy Exxon expects weak gas prices to offset gains from higher crude prices Exxon Mobil Corp said on Monday that in the second quarter it expects higher oil prices and refining margins compare Published 01 Jul, 2019 03:34pm
Energy US oil output in April exceeds 12mn bpd to record monthly high -EIA NEW YORK: US crude oil output in April rose to a fresh monthly record, surpassing 12 million barrels per day, according Published 28 Jun, 2019 07:36pm
Energy Petrobras to fully exit natgas distribution business in Brazil SAO PAULO: Brazil's state-controlled oil company Petrobras will leave the natural gas distribution sector in Brazil, dis Published 27 Jun, 2019 10:25pm
Energy Oil edges lower ahead of G20, OPEC meeting NEW YORK: Oil prices edged lower on Thursday, pressured by worries about whether the G20 summit will produce a breakthro Published 27 Jun, 2019 07:14pm
Energy Oil slips below $66 ahead of G20, OPEC meeting LONDON: Oil fell below $66 a barrel on Thursday, weighed down by concerns over whether the G20 summit will produce a Published 27 Jun, 2019 01:05pm
Americas Energy US natgas futures little changed ahead of weekly storage report US natural gas futures traded within a few cents of unchanged on Thursday as the market waits for direction from a f Published 27 Jun, 2019 12:40pm
Energy Mexico's Pemex says crude production averaged 1.68mn bpd in June MEXICO CITY: Mexican state oil firm Pemex has produced an average of 1.68 million barrels per day (bpd) of crude oil in Published 26 Jun, 2019 08:26pm
Energy Oil prices rise 3pc as US crude, products stockpiles fall NEW YORK: Oil prices rose about 3pc on Wednesday and hit their highest in about a month, buoyed by US government data th Published 26 Jun, 2019 07:40pm
Energy Colombia grants oil contracts for 10 blocks, one pending BOGOTA: Colombia accepted bids from six companies for 10 oil contracts on Wednesday, after just one block received a cou Published 26 Jun, 2019 07:17pm
Energy US crude stocks slump nearly 13mn bbls as exports hit record high: EIA US crude oil stocks fell by nearly 13 million barrels last week, the most in nearly three years, as exports hit a re Published 26 Jun, 2019 03:24pm
Energy Colombia's May crude output up 3.3pc vs year ago BOGOTA: Crude oil production in Colombia reached an average of 894,518 barrels per day (bpd) in May, the Energy Ministry Published 25 Jun, 2019 08:56pm
Americas Energy Oil prices down 1pc as demand fears rise, Mideast tensions ease NEW YORK: Oil prices fell about 1pc on Monday as crude demand concerns resurfaced and the possibility of an imminent con Published 24 Jun, 2019 08:18pm
Energy Oil prices slip on demand fears, Mideast tensions ease NEW YORK: Oil prices edged lower on Monday as crude demand concerns resurfaced and the possibility of an imminent confli Published 24 Jun, 2019 07:18pm
Energy Oil up on Iran tensions, stocks hover at seven-week highs NEW YORK: Oil prices built on recent gains on Friday on fears any US military attack on Iran would disrupt flows from th Published 21 Jun, 2019 07:30pm
Energy Oil gains after Iran tensions, stocks at seven-week highs NEW YORK: Oil prices built on recent gains on Friday on fears any US military attack on Iran would disrupt flows from th Published 21 Jun, 2019 07:10pm
Energy Pemex CFO says Mexican state firm to refinance $2.5bn in debt LEON: Mexican national oil company Pemex plans to refinance $2.5 billion of liabilities this year while trying to revive Published 21 Jun, 2019 07:09pm
Energy US oil soars 10pc in week on fears of US-Iran conflict NEW YORK: Oil futures rallied on Friday with US crude up 10% in the week and global benchmark Brent gaining 5% on fe Published 21 Jun, 2019 03:35pm
Energy Oil jumps 5pc on Iran tension, potential US fed rate cut NEW YORK: Oil soared more than 5pc higher on Thursday after Iran shot down a US military drone, raising fears of a milit Published 20 Jun, 2019 07:19pm
Energy TSX opens higher on dovish Fed signals Canada's main stock index opens higher on Thursday, as the US Federal Reserve signalled a likely interest rate cut t Published 20 Jun, 2019 05:00pm
Americas Energy US FERC to decide on Marathon Alaska LNG import project by March 2020 The US Federal Energy Regulatory Commission (FERC) said on Wednesday it planned to make a decision by March 12, 2020 Published 19 Jun, 2019 10:26pm
Energy Stocks gain, dollar weakens after Fed signals possible rate cuts NEW YORK: A gauge of global stock markets strengthened on Wednesday, bolstered by gains on Wall Street, and benchmar Published 19 Jun, 2019 10:25pm
Energy US refiner Phillips 66 enters offshore oil export race HOUSTON: US oil refiner Phillips 66 is proposing a deepwater crude export terminal off the US Gulf Coast, challengin Published 19 Jun, 2019 08:14pm
Energy US weekly power output falls 9.2pc vs. year ago Power production in the continental United States totaled 77,184 gigawatt hours (GWh) in the week ended June 15, dow Published 19 Jun, 2019 06:52pm
Energy US Gulf gasoline glut sparks rare tanker voyage to Australia NEW YORK: A gasoline cargo is set to make a rare voyage to Australia from the US Gulf Coast as swelling stockpiles h Published 19 Jun, 2019 06:18pm
Energy Oil prices little changed on US inventory data, hopes for trade deal NEW YORK: Oil futures edged up on Wednesday as government data showed US crude inventories fell more than expected, whil Published 19 Jun, 2019 03:55pm
Energy Oil climbs 3pc on hopes US-China trade talks resume, Mideast tension NEW YORK: Oil prices rose more than $1 a barrel on Tuesday after U.S. President Donald Trump said he would hold an e Published 18 Jun, 2019 09:55pm
Americas Energy Oil climbs over $1/bbl on US-China trade deal hopes, Mideast tension NEW YORK: Oil prices rose more than $1 a barrel on Tuesday after news that China and the United States were resuming Published 18 Jun, 2019 08:57pm
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees