Only five ships pass through Strait of Hormuz in 24 hours Published 24 Apr, 2026 05:10pm Shipping traffic passing through the crucial waterway at the entrance to the Gulf during an uneasy ceasefire
Urals crude prices at Russian ports slip below $100 per barrel Published 24 Apr, 2026 04:54pm The average Urals price from the start of the year to April 24 was $65 per barrel
Oil turns negative as source says Iran-US peace talks likely Updated 24 Apr, 2026 06:00pm Brent crude futures were down 79 cents, or 0.8%, at $104.28 US WTI futures fell 95 cents or 1% to $94.90
Crude oil futures jump USD5 Published 24 Apr, 2026 06:03am HOUSTON: Crude oil futures spiked USD5 a barrel on Thursday after reports that air defences were engaging targets...
Oil prices weaken on hawkish Fed rhetoric, concerns about demand Updated 23 Jun, 2022 09:15pm NEW YORK: Oil prices fell about $1 a barrel on Thursday in volatile trading as investors weighed the risk that...
Oil prices fall after rate hikes, but tight supply still in focus Updated 16 Jun, 2022 05:18pm LONDON: Oil prices erased early gains to fall to two-week lows on Thursday on the back of inflation concerns...
Oil dives as U.S. inflation data surges; China imposes lockdowns Updated 10 Jun, 2022 08:33pm NEW YORK: Oil prices sank on Friday, after U.S. consumer prices rose more than expected and China imposed new...
Oil slips on China lockdowns but stays near three-month highs Updated 09 Jun, 2022 07:10pm LONDON: Oil prices dipped on Thursday but still hovered near three-month highs after parts of Shanghai imposed new...
Oil jumps to 13-week high on rising US gasoline demand Updated 08 Jun, 2022 10:12pm NEW YORK: Oil prices rose about 2% to a 13-week high on Wednesday as US demand for gasoline has kept rising despite...
Oil prices rise on China demand optimism, gasoline strength Updated 16 May, 2022 10:36pm NEW YORK: Oil prices rose on Monday on optimism that China would see significant demand recovery after positive...
Oil slips 1% as China lockdowns face proposed EU Russia oil ban Updated 03 May, 2022 09:33pm Oil slipped 1% on Tuesday as concerns about demand being dented by China’s prolonged COVID-19 lockdowns outweighed...
Oil rebounds from drop on China demand concerns Updated 26 Apr, 2022 07:58pm LONDON: Oil prices rebounded in volatile trading on Tuesday as the market weighed concerns over Russian supply and...
Oil prices dive as US considers record reserves release Updated 31 Mar, 2022 09:45pm HOUSTON: Oil prices tumbled on Thursday on news that the United States was considering the largest ever release from...
Oil jumps 4% on tight supply, prospects of new Russia sanctions Updated 30 Mar, 2022 08:53pm NEW YORK: Oil prices soared about 4% on Wednesday on supply tightness with another U.S. crude stock drawdown, and ...
Oil drops $3 on positive signals from Russia-Ukraine peace talks Updated 29 Mar, 2022 09:12pm HOUSTON: Oil prices dropped on Tuesday, extending losses from the previous day on signs of progress in talks between...
Oil slides on concerns of weaker Chinese demand Updated 28 Mar, 2022 08:05pm LONDON: Oil prices tumbled more than $9 on Monday as fears grew over weaker fuel demand in China after financial hub...
Oil prices up, rebound after Aramco oil facility attacked Updated 25 Mar, 2022 10:26pm HOUSTON: Oil prices rose on Friday, rebounding from early losses as traders rushed to buy after a missile attack hit...
Oil prices up more than $4 as EU considers Russian oil ban Updated 21 Mar, 2022 07:05pm LONDON: Oil prices jumped by more than $4 on Monday, with Brent crude climbing above $111 a barrel, as European ...
Oil prices headed for weekly loss, but stay well above $100/bbl Updated 18 Mar, 2022 07:04pm LONDON: Oil prices were set for a second straight weekly loss, but found a floor above $100 a barrel on Friday after...
Oil surges 7% amid warnings of Russian supply shortages Updated 17 Mar, 2022 09:17pm LONDON: Oil prices climbed over 7% on Thursday after the International Energy Agency (IEA) said three million ...
Oil holds near $100 as Ukraine talks, demand concerns limit gains Published 16 Mar, 2022 06:34pm Oil steadied above $100 a barrel in a volatile session on Wednesday, as it came under pressure from signs of...
Oil plunges below $100 on easing supply concerns and China Covid cases Updated 15 Mar, 2022 08:59pm LONDON: Oil prices tumbled to their lowest in almost three weeks on Tuesday as supply disruption fears eased and...
WTI oil price sinks 5% on Ukraine, China Published 14 Mar, 2022 03:49pm LONDON: US benchmark oil West Texas Intermediate slid Monday on Ukraine peace hopes and after major consumer China...
Oil falls 8% on Russia-Ukraine talk hopes, China lockdowns Updated 14 Mar, 2022 09:34pm NEW YORK: Oil prices dropped about 8% on Monday to the lowest in two weeks, as diplomatic efforts between Ukraine ...
Oil prices take breather as Russia advances further on Ukraine Updated 25 Feb, 2022 08:08pm LONDON: Oil prices slipped on Friday after sharp rises earlier in the session on concern over potential global ...
Oil falls, caught between Iran talks and Ukraine crisis Updated 17 Feb, 2022 07:40pm LONDON: Oil prices fell 2% on Thursday as talks to resurrect a nuclear deal with Iran entered their final stages, ...
Oil prices recoup losses as Russia-Ukraine tensions stay high Updated 16 Feb, 2022 04:08pm LONDON: Oil prices recouped losses on Wednesday as investors weighed conflicting statements on the possible...
Oil prices mixed, even after big drop in US crude stocks Published 09 Feb, 2022 10:47pm NEW YORK: Oil prices were trading near unchanged on Wednesday, paring gains after spiking on data showing after US...
Oil slips from seven-year high ahead of more US, Iran talks Published 08 Feb, 2022 09:50pm LONDON: Oil slipped to around $91 a barrel on Tuesday ahead of the resumption of indirect talks between the United...
Oil steady as geopolitical risks offset by OPEC+ supply plans Published 31 Jan, 2022 09:19pm LONDON: Oil prices were steady on Monday, with Eastern Europe and Middle East political issues offsetting...
Airlink Communication Limited officially launches Hisense in Pakistan, marking a new era for consumer electronics in the country