Oil on track for weekly climb on potential Mideast supply disruption Brent crude oil futures down 20 cents, or 0.25%, at $79.20 a barrel Updated 11 Oct, 2024 09:17pm
Markets Crude prices fall on possible ceasefire in Lebanon Brent crude futures were down $3.70, or 4.57%, to $77.23 a barrel Updated 08 Oct, 2024 10:07pm
Markets Oil rises 3% as Middle East war makes investors end bearish bets NEW YORK: Oil prices rose more than 3% on Monday, with Brent surpassing $80 per barrel for the first time since... Updated 07 Oct, 2024 10:10pm
Markets Oil set for biggest weekly gains in two years on Middle East war risk NEW YORK: Oil prices rose for a fourth consecutive session on Friday as investors braced for a potential Israeli... Updated 04 Oct, 2024 11:35pm
Markets Oil prices up 1% on Middle East tensions; US crude stocks build limits gains Brent futures up 84 cents, or 1.14%, to $74.40 per barrel Updated 02 Oct, 2024 09:32pm
Markets Oil prices jump 4% on reports Iran preparing to attack Israel Oil prices jumped about 4% on Tuesday following reports Iran was preparing to launch a missile attack on Israel.... Updated 01 Oct, 2024 09:36pm
Markets Oil prices rise on Middle East conflict, but set for monthly loss NEW YORK/LONDON: Oil prices rose on Monday on fears of a widening conflict in the Middle East curtailing Iranian... Updated 30 Sep, 2024 09:46pm
Markets Oil steady but on track for weekly drop on firmer supply outlook LONDON: Oil prices held steady on Friday but remained on track for a weekly fall as investors weighed expectations... Updated 27 Sep, 2024 05:33pm
Markets Oil prices slide 3% on prospect of more OPEC+ oil HOUSTON: Oil prices fell more than 3% on Thursday on a Financial Times report that Saudi Arabia, the world’s top... Updated 26 Sep, 2024 09:02pm
Markets Oil falls despite China’s stimulus plan; US crude stocks draw limits losses NEW YORK: Oil prices edged lower on Wednesday as investors reassessed whether China’s latest stimulus plans will be... Updated 25 Sep, 2024 09:23pm
Markets Oil prices climb 2% on China stimulus, Middle East conflict Oil prices climbed about 2% to a three-week high on Tuesday on news of monetary stimulus from China, the world’s top... Updated 24 Sep, 2024 09:09pm
Markets Oil prices fall on demand concerns, Brent below $70, near 3-year low Brent crude futures down $2.33, or 3.24%, at $69.51 a barrel Updated 10 Sep, 2024 09:16pm
Markets Oil extends losses on weak China data and expected OPEC+ supply boost Oil prices extended losses from the end of last week on expectations of higher OPEC+ production from October while... Updated 02 Sep, 2024 06:24pm
Markets Oil gains as Libyan supply woes counter modest US stock draw Oil prices edged higher on Thursday, after two losing sessions, as concerns over Libyan supplies helped offset a... Updated 29 Aug, 2024 09:16pm
Markets Oil climbs 3pc as Libya output cuts further supply concerns HOUSTON: Oil prices settled 3% higher on Monday as production cuts in Libya added to supply concerns stemming from... Published 27 Aug, 2024 06:44am
Markets Oil up 2% on Libya shutdowns, Mideast escalation fears LONDON: Oil prices rose 2% on Monday on news of fresh production outages in Libya, adding to earlier gains on... Updated 26 Aug, 2024 05:17pm
Markets Oil climbs $2/barrel HOUSTON: US light crude oil gained more than $2 a barrel on Friday after comments by US Federal Reserve Chair Jerome... Published 24 Aug, 2024 06:23am
Markets Morgan Stanley cuts 2024 oil demand growth outlook NEW YORK: Morgan Stanley has lowered its global oil demand growth forecast for 2024, mainly due to China’s slower... Published 24 Aug, 2024 06:23am
Markets Oil climbs with U.S. Federal Reserve pivot HOUSTON: Oil prices rose more than 1% on Friday as U.S. Federal Reserve Bank Chair Jerome Powell signalled interest... Updated 23 Aug, 2024 11:34pm
Markets Oil prices fall more than 1% on China worries Oil prices fell by more than $1 on Friday, with Brent slipping below $80 a barrel after a string of dismal... Updated 16 Aug, 2024 05:12pm
Markets Oil extends gains as US slowdown fears ease LONDON: Oil prices extended gains on Thursday after U.S. economic data that could allay fears of an imminent... Updated 15 Aug, 2024 07:05pm
Markets Oil prices tick down after surprise rise in US crude stockpiles HOUSTON: Oil prices edged lower on Wednesday after U.S. crude inventories rose unexpectedly and as worries that a... Updated 14 Aug, 2024 08:13pm
Markets Oil falls more than $1 as attack fears fade HOUSTON: Brent and U.S. crude oil futures fell more than $1 a barrel on Tuesday as markets saw reduced risk of a... Updated 13 Aug, 2024 09:09pm
Markets Oil on track for 3% weekly gains on positive economic data, rate cut hopes Brent crude futures up 37 cents, or 0.5%, at $79.53 a barrel by 12:05pm ET (1605 GMT) Updated 09 Aug, 2024 10:04pm
Markets Oil gains on ME tensions HOUSTON: Oil prices ticked higher on Thursday as US job data eased demand concerns and escalating tensions in the... Published 09 Aug, 2024 06:56am
Markets Oil prices steady after two days of gains LONDON: Oil prices held steady on Thursday after two sessions of gains, with growing supply risks in the Middle East... Updated 08 Aug, 2024 04:49pm
Business & Finance Oil settles 2pc higher on falling US crude stockpiles NEW YORK: Oil prices gained more than 2% on Wednesday, bouncing back from multi-month lows, after data showed a... Published 08 Aug, 2024 06:22am
Markets Oil prices rebound from multi-month lows on Mideast tensions LONDON: Oil prices bounced back from multi-month lows on Wednesday on concerns that an escalating conflict in the... Updated 07 Aug, 2024 07:43pm
Markets Oil dips as demand concerns outweigh Middle East supply fears LONDON: Oil prices dipped lower in volatile trade on Tuesday, as a weak demand outlook after a global sell-off in... Updated 06 Aug, 2024 07:25pm
Markets Oil drops as US recession fears spark broader selloff HOUSTON: Oil fell on Monday, trailing a stock market selloff sparked by fears of a U.S. recession, though declines... Updated 05 Aug, 2024 08:34pm