Oil jumps over 7% after Israel strikes Iran HOUSTON: Oil prices jumped over 7% on Friday to multi-month highs after Israel launched air strikes against Iran,... Updated 13 Jun, 2025 10:00pm
Markets Oil prices drop as traders gauge ME tensions NEW YORK: Oil prices edged lower on Thursday, as traders assessed whether the previous day’s jump to the highest... Published 13 Jun, 2025 05:59am
Markets Oil prices climb on US-China trade deal NEW YORK: Oil prices rose 2% on Wednesday, to their highest in more than two months, as President Donald Trump said... Published 12 Jun, 2025 06:18am
Markets Oil rises to 7-week high on US-China trade deal LONDON: Oil prices rose to their highest in seven weeks on Wednesday as U.S. President Donald Trump said a deal had... Updated 11 Jun, 2025 07:26pm
Markets Oil up 1% at 7-week high on hopes of positive US-China trade talks NEW YORK: Oil prices edged up 1% to a seven-week high on Tuesday on hopes trade talks between the U.S. and China -... Updated 10 Jun, 2025 10:05pm
Markets Oil prices steady ahead of US-China trade talks LONDON: Oil prices were stable on Monday as investors awaited U.S.-China trade talks in London in the hope that a... Updated 09 Jun, 2025 06:57pm
Markets Oil prices headed for rebound this week as US-China trade talks resume LONDON: Oil prices steadied on Friday and were on track for their first weekly gain in three weeks after U.S.... Updated 06 Jun, 2025 06:21pm
Markets Oil rises 1% as China, U.S. teams to meet following Trump, Xi trade call HOUSTON: Oil prices rose 1% on Thursday, rebounding from the previous day’s drop as traders responded to news that... Updated 05 Jun, 2025 09:38pm
Markets Oil eases after US data shows large builds in fuel stocks HOUSTON: Oil prices edged lower on Wednesday after US data showed larger-than-expected inventories of gasoline and... Published 05 Jun, 2025 06:08am
Markets US crude stockpiles fall, fuel builds as refiners hike output, EIA says NEW YORK: U.S. crude oil stockpiles fell last week as oil refiners ramped up production with the start of the summer... Published 04 Jun, 2025 08:56pm
Markets Oil eases after US data shows large builds in fuel stocks HOUSTON: Oil prices edged lower on Wednesday after U.S. data showed larger-than-expected inventories of gasoline and... Updated 04 Jun, 2025 08:48pm
World ADNOC lowers Murban export forecast for August 2025 to May 2026 SINGAPORE: Abu Dhabi National Oil Co (ADNOC) has lowered its monthly export forecast for Murban crude from August to... Published 02 Jun, 2025 02:58pm
Markets Oil leaps 4% after OPEC+ keeps output increase unchanged LONDON: Oil prices jumped by about 4% on Monday after producer group OPEC+ kept output increases in July at the same... Updated 02 Jun, 2025 08:17pm
Markets Oil prices fall on possible larger OPEC+ output hike for July HOUSTON: Oil prices fell on Friday and headed for a second consecutive weekly loss, as investors weigh a potentially... Updated 30 May, 2025 09:39pm
Markets Oil prices advance as US court blocks Trump tariffs LONDON: Oil prices rose on Thursday after a U.S. court blocked most of President Donald Trump’s tariffs, while the... Updated 29 May, 2025 05:39pm
Markets Oil prices inch up as US bans Chevron BEIJING: Oil prices ticked up in early trading on Wednesday as the US barred Chevron from exporting crude from... Published 29 May, 2025 05:55am
Markets Oil prices inch up as US bans Chevron from exporting Venezuelan crude BEIJING: Oil prices ticked up in early trading on Wednesday as the US barred Chevron from exporting crude from... Published 28 May, 2025 10:26am
Markets Oil prices dip on supply concerns HOUSTON: Oil prices eased 1.5% on Tuesday, spurred by worries of a supply glut after Iranian and U.S. delegations... Updated 27 May, 2025 09:58pm
Markets Oil steadies after Trump extends EU trade talks deadline LONDON: Oil prices traded around flat on Monday after U.S. President Donald Trump extended a deadline for trade... Updated 26 May, 2025 06:51pm
Markets Oil slides nearly 2% as Trump recommends 50% EU tariff LONDON: Oil prices dropped by nearly 2% on Friday and were set for their first weekly decline in three weeks after... Updated 23 May, 2025 05:47pm
Markets Oil prices fall more than 1% on potential further increase to OPEC+ output LONDON: Oil prices dropped by more than 1% on Thursday after a report that OPEC+ is discussing a production increase... Updated 22 May, 2025 05:07pm
Markets Oil steadies as market assesses US-Iran talks, demand signals LONDON: Oil prices steadied on Tuesday due to uncertainty in U.S.-Iran negotiations and Russia-Ukraine peace talks,... Updated 20 May, 2025 05:25pm
Markets Oil steadies as US, China growth concerns weigh NEW YORK: Oil prices steadied on Monday despite Moody’s downgrade of the US sovereign credit rating, and official... Published 20 May, 2025 05:58am
Markets Oil retreats as US and China growth concerns weigh LONDON: Oil slipped on Monday, weighed down by Moody’s downgrade of the U.S. sovereign credit rating and official... Updated 19 May, 2025 05:46pm
Markets Oil heads for weekly gain but remains under supply hike pressure Brent crude futures were up 29 cents, or 0.5%, at $64.82 per barrel Updated 16 May, 2025 04:58pm
Markets Oil falls after US crude inventories rise NEW YORK: Oil prices edged lower on Wednesday after government data showed US crude oil stockpiles rose unexpectedly... Published 15 May, 2025 05:42am
Markets Oil prices rise on support from US-China trade hopes NEW YORK: Oil prices rose over 2% on Thursday, buoyed by hopes of a breakthrough in looming trade talks between the... Published 09 May, 2025 06:02am
Markets Oil heads for 2% weekly decline as supply risks ease LONDON: Oil prices were steady on Friday and heading for a weekly drop of more than 2%, pressured by easing concern... Updated 29 Nov, 2024 08:06pm
Markets Oil up as Israel says ceasefire violated, OPEC+ delays meeting LONDON: Oil prices ticked up on Thursday, after Israel said its ceasefire with Lebanese armed group Hezbollah was... Updated 28 Nov, 2024 07:03pm
Markets Oil slips after surprise build in U.S. gasoline stocks Oil prices edged lower on Wednesday as a large, surprise build in U.S. gasoline stocks outweighed easing supply... Updated 27 Nov, 2024 09:07pm