Brent oil may bounce further into $75.89-$76.43 range Brent oil may bounce further into $75.89-$76.43 per barrel, due to the completion of a five-wave cycle. The cycle... Published 22 Mar, 2023 10:13am
Markets Oil up 1% despite crude build, as dollar weakens ahead of Fed rate move NEW YORK: Oil prices rose about 1% to a one-week high on Wednesday despite a surprise weekly build in U.S. crude... Updated 22 Mar, 2023 09:09pm
Markets Oil rises for second day as banking fears ease for now HOUSTON: Oil rose on Tuesday, extending a recovery from a 15-month low hit the previous day, as the rescue of Credit... Updated 21 Mar, 2023 08:53pm
Markets Brent oil may retest support at $71.29 Brent oil may retest a support at $71.29 per barrel, a break below which could open the way toward $68.99-$70.41... Published 20 Mar, 2023 10:32am
Markets Brent oil may test support at $73.59 Brent oil may test a support at $73.59 per barrel, a break below which could be followed by a drop to the Wednesday... Published 17 Mar, 2023 10:40am
Markets Oil rises on demand hopes as banking fears ease LONDON: Oil prices firmed on Friday as a meeting between Saudi Arabia and Russia calmed markets and after support... Updated 17 Mar, 2023 05:02pm
Markets Brent oil may revisit Wednesday low of $71.67 Brent oil may revisit its Wednesday low of $71.67, driven by a powerful wave c. This wave has briefly extended below... Published 16 Mar, 2023 10:52am
Markets Oil regains some ground after Credit Suisse lifeline LONDON: Oil prices clawed back some ground on Thursday, recovering from the previous session’s 15-month lows, as... Updated 16 Mar, 2023 05:31pm
Markets Brent oil may test resistance $78.73 Brent oil may test a resistance at $78.73, a break above which could open the way towards $79.61-$80.32 range. The... Published 15 Mar, 2023 11:08am
Markets Oil hits lowest in more than a year as banking fears mount LONDON: Oil extended its slide on Wednesday, falling 4% and hitting its lowest in more than a year as unease over... Updated 15 Mar, 2023 09:52pm
Markets Russian sanctions shift oil price-making power to Asia from Europe LONDON: Western sanctions on Russian and Iranian oil have channelled cheap fuel to Asia and in the process eroded a... Published 14 Mar, 2023 12:00pm
Markets Brent oil may retest support at $78.73 Brent oil may retest a support at $78.73, a break below could open the way towards $77.31. The sharp bounce... Published 14 Mar, 2023 11:29am
Markets Brent oil may test resistance at $83.74 Brent oil may test a resistance at $83.74, a break above could lead to a gain to $84.45. The strong bounce on March... Published 13 Mar, 2023 10:46am
Markets Crude oil prices slide $4 as banking fears rattle markets LONDON: Oil prices fell $4 on Monday along with equities as the collapse of Silicon Valley Bank raised fears of a... Updated 13 Mar, 2023 06:10pm
Markets Aramco’s Nasser says oil market tightly balanced DUBAI: Aramco’s chief executive Amin Nasser said on Sunday the market would remain tightly balanced in the short to... Published 12 Mar, 2023 07:09pm
Markets Oil prices set for 5% weekly drop on US rate hike jitters LONDON: Oil fell for a fourth session on Friday, heading for its biggest weekly loss in five weeks on worries about... Updated 10 Mar, 2023 06:44pm
Markets Brent oil may bounce to $83.58 Brent oil may bounce to $83.58 per barrel, as its drop slowed on Wednesday. The fall from $86.75 has been linear,... Published 09 Mar, 2023 01:00pm
Markets Oil steadies as French strike and weaker dollar balance recession fears LONDON: Oil steadied on Thursday after a two-day decline as strike-disrupted fuel supply in France, a drop in U.S.... Updated 09 Mar, 2023 07:51pm
Markets Oil extends losses as rate hike concerns spur sell-off LONDON: Oil prices fell sharply on Wednesday, extending Tuesday’s losses, driven by fears that more aggressive U.S.... Updated 08 Mar, 2023 08:06pm
Markets Brent oil may extend gains into $87.05-$87.49 range Brent oil may extend gains into a range of $87.05-$87.49 per barrel, as it has broken a resistance at $85.91. The... Published 07 Mar, 2023 10:35am
Markets Oil edges lower on stronger dollar and weak Chinese data LONDON: Oil prices edged lower on Tuesday as a stronger U.S. dollar and weak oil data from top crude importer China... Updated 07 Mar, 2023 06:10pm
Markets Brent oil may fall into $84.06 to $84.77 range Brent oil may fall into a range of $84.06 to $84.77 per barrel, following the weird surge from the March 3 low of... Published 06 Mar, 2023 10:36am
Markets Oil down on China outlook, spotlight on possible rate hikes LONDON: Oil prices fell on Monday after China set a lower-than-expected target for economic growth this year at... Updated 06 Mar, 2023 07:26pm
Markets Oil prices slump after report on UAE debating OPEC exit LONDON: Oil prices slumped on Friday after the Wall Street Journal reported that the United Arab Emirates had an... Updated 03 Mar, 2023 07:54pm
Markets Oil rises on Chinese demand but European rate hike fears weigh NEW YORK: Oil rose on Thursday on signs of a strong economic rebound in top crude importer China, but fears over the... Updated 03 Mar, 2023 07:33am
Markets Oil pares gains on European rate hike fears LONDON: Oil prices pared early gains on Thursday as signs of a strong economic rebound in top crude importer China... Updated 02 Mar, 2023 08:13pm
Markets Oil rebounds about 2pc on China growth hopes NEW YORK: Oil prices rose about 2% on Tuesday, erasing the previous session’s losses, as hopes for a strong... Published 01 Mar, 2023 07:19am
Markets Brent oil may revisit Feb. 24 low of $81.07 Brent oil may revisit its Feb. 24 low of $81.07 per barrel, as a bounce from the previous day has ended. The bounce... Published 28 Feb, 2023 10:30am
Markets Oil steadies on China growth hopes Oil prices were steady in Asian trade on Tuesday, supported by hopes a solid economic rebound in China will drive up... Published 28 Feb, 2023 10:12am
Markets Oil slips 1pc on worries about more US interest rate hikes NEW YORK: Oil prices slid about 1% on Monday as strong US economic data had investors bracing for more interest rate... Published 28 Feb, 2023 07:13am