UK stocks hit by global gloom LONDON: UK’s FTSE 100 fell on Tuesday, tracking a sour global mood with energy stocks leading declines and shares... Published 25 May, 2022 04:40am
Markets London stocks slump LONDON: UK shares dropped on Thursday as risk appetite shrank after data showed the British economy weakened in... Published 13 May, 2022 05:59am
Markets Russian diesel discount offers big margins in two-tier European trade LONDON: Russian diesel is trading at a steep discount to the fuel produced by other countries, traders said,... Published 11 May, 2022 05:48pm
Markets Conoco posts a 5-fold profit leap, raises shareholder returns HOUSTON: US oil producer ConocoPhillips on Thursday reported a five-fold increase in profit from a year-ago that... Published 06 May, 2022 05:03am
Markets BP plunges into $20.4-bn loss on Russia exit LONDON: British energy giant BP on Tuesday plunged into a huge net loss in the first quarter after it decided to... Published 03 May, 2022 12:41pm
Markets India asks state firms to consider buying Russian oil assets NEW DELHI: India has asked state-run energy companies to evaluate the possibility of buying European oil major ... Published 29 Apr, 2022 05:43am
Markets India’s IOC buys 7m barrels of crude via tenders SINGAPORE: Indian Oil Corp, the country’s top refiner, has purchased a total of 7 million barrels of crude via... Published 14 Apr, 2022 04:55am
Markets UK’s FTSE 100 marks sixth consecutive quarterly gain LONDON: London’s FTSE 100 fell on Thursday, weighed down by weakness in consumer staples due to concerns linked to... Published 01 Apr, 2022 05:41am
Markets FTSE 100 slips LONDON: London’s FTSE 100 ended lower on Monday, as gains in consumer staples on the back of weaker pound were... Published 29 Mar, 2022 05:49am
Markets FTSE 100 ends higher LONDON: Britain’s FTSE 100 closed higher on Monday as surging oil prices boosted energy stocks, although concerns... Published 22 Mar, 2022 05:21am
Markets FTSE 100 extends gains LONDON: UK’s FTSE 100 extended gains on Thursday, as oil majors lifted the commodity-heavy index, while the Bank ... Published 18 Mar, 2022 05:20am
Markets FTSE 100 weighed down LONDON: London’s FTSE 100 fell on Thursday as heavyweight financials and miners dropped, with Rio Tinto among top... Published 11 Mar, 2022 05:12am
Markets Shell to exit Russia after Ukraine invasion, joining BP LONDON: Shell will exit all its Russian operations, including a major liquefied natural gas plant, it said on ... Published 01 Mar, 2022 05:34am
Markets VLSFO crack soars to highest in over two years SINGAPORE: Asia’s front-month crack for 0.5% very low-sulphur fuel oil (VLSFO) rose on Monday to its strongest... Published 01 Mar, 2022 05:34am
Markets BP shares tank on Russia exit LONDON: Shares in British energy giant BP slumped Monday, wiping billions of dollars from the company's value after... Published 28 Feb, 2022 06:16pm
Markets UK stocks fall as Russia-Ukraine crisis escalates UK's main indexes tracked a slump in global markets on Tuesday as tensions between Russia and Ukraine escalated,... Published 22 Feb, 2022 02:58pm
Markets Oil majors face backlash as era of big profits returns PARIS: Soaring energy prices have brought massive profits to oil majors -- along with fierce criticism from... Published 13 Feb, 2022 10:12am
Markets Energy prices lift BP profits to 8-year high LONDON: BP’s profits hit their highest in eight years in 2021, lifted by soaring gas and oil prices, as the ... Published 09 Feb, 2022 05:46am
Markets Commodity, travel sectors lead recovery in UK stocks LONDON: A rebound in commodity and travel stocks drove UK shares higher on Tuesday, a day after the market hit a... Published 22 Dec, 2021 06:13am
Print BP backs adding WTI Midland oil grade to Brent LONDON: BP supports adding U.S. crude oil grade WTI Midland on a delivered basis to the North Sea dated Brent... Published 07 Dec, 2021 06:29am
Markets Commodity stocks boost FTSE 100, Mulberry soars on strong earnings LONDON: UK’s FTSE 100 rose for a third consecutive day on Wednesday, led by energy majors and miners, while ... Published 25 Nov, 2021 03:53am
Markets Asia’s naphtha crack declines NEW DELHI: Asia’s naphtha crack dropped on Wednesday as crude oil prices recouped losses after a US-led ... Published 25 Nov, 2021 03:53am
Markets British shares log weekly loss LONDON: London stocks slipped on Friday, dragged down by commodity and travel shares on concerns around fresh... Published 20 Nov, 2021 03:58am
Markets FTSE 100 ends lower on commodity weakness; GlaxoSmithKline goes ex-dividend Britain's FTSE 100 ended lower on Thursday as heavyweight mining and energy stocks tracked weak commodity prices,... Updated 19 Nov, 2021 01:49am
World ‘Cash machine’ BP boosts share buyback as profit surges LONDON: BP added more than a billion dollars to its share buyback programme on Tuesday as it likened itself to a... Published 03 Nov, 2021 03:54am
Business & Finance BP underlying earnings up on surging energy prices LONDON: British energy giant BP said Tuesday that its bottom line was hit by an accounting charge in the third... Published 02 Nov, 2021 04:20pm
Markets European shares inch higher LONDON: European stocks closed slightly higher on Thursday, buoyed by robust earnings from food and technology... Published 29 Oct, 2021 05:05am
Markets Gas crisis helps to land BP $500m windfall LONDON: BP’s trading team made at least $500 million in the third quarter of 2021, two sources with knowledge of... Published 28 Oct, 2021 04:06am
Markets FTSE 100 rises LONDON: London’s FTSE 100 rose to a two-month high on Thursday, boosted by heavyweight oil and mining stocks, ... Published 15 Oct, 2021 04:08am
Markets BP says nearly a third of its UK fuel stations running on empty LONDON: BP said nearly a third of its British petrol stations had run out of the two main grades of fuel on Sunday ... Published 27 Sep, 2021 05:51am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
In historic visit, Iran President Raisi says decision made to increase bilateral trade five-fold to $10bn