Oil steadies as market weighs excess supply and US-China trade tensions Updated 15 Oct, 2025 05:05pm Brent crude futures were up 3 cents, or 0.1%, at $62.42 a barrel
Oil rises as US, China try to de-escalate trade tensions Published 14 Oct, 2025 07:48am NEW YORK: Oil prices rose on Monday after assurances that US President Donald Trump will meet his Chinese ...
Kuwaiti oil production capacity reaches highest in more than 10 years Published 22 Sep, 2025 07:52pm KUWAIT; Kuwait’s crude oil production capacity stands at 3.2 million barrels per day (bpd), oil minister Tariq...
Oil gains as market weighs Russia supply risk, US rate decision Updated 16 Sep, 2025 07:44pm LONDON: Oil prices rose on Tuesday as markets weighed a potential disruption of supplies from Russia due to...
Oil jumps nearly 2% after drones strike Russian terminal Updated 12 Sep, 2025 07:13pm Oil prices rose by nearly 2% on Friday after a Ukrainian drone attack on a Russian port suspended loadings,...
Oil prices slide on oversupply Published 12 Sep, 2025 05:54am NEW YORK: Oil prices slid about 2% on Thursday on concerns over softening US demand and broad oversupply that offset...
Oil steadies on reports of US-Russia deal Published 10 Aug, 2025 05:07am HOUSTON: Oil held steady on Friday as markets awaited a meeting in coming days between Russian president Vladimir...
Oil prices down 2% as China widens COVID curbs Updated 28 Oct, 2022 08:57pm NEW YORK: Oil prices slid about 2% on Friday after top crude importer China widened its COVID-19 curbs, though the...
Oil prices settle up Published 24 Oct, 2022 06:46am NEW YORK: Oil prices settled up on Friday as hopes of stronger Chinese demand and a weakening US dollar outweighed...
Oil steady ahead of US Fed interest rate decision Published 22 Sep, 2022 06:36am NEW YORK: Oil prices were steady in volatile trade on Wednesday as the market waited for direction from the US...
Oil rises 1pc on supply concerns, expectations for fuel switching Published 15 Sep, 2022 07:16am NEW YORK: Oil edged up 1% on Wednesday as an international energy watchdog expects an increase in gas-to-oil...
Oil swings wildly, rebounding to gains after steep losses Published 20 May, 2022 06:32am NEW YORK: Oil prices rebounded from earlier losses in another volatile session on Thursday as Chinese officials...
Saudi stocks track rising oil prices Published 07 Mar, 2022 06:07am DUBAI: Saudi Arabian shares closed higher on Sunday, tracking a rise in oil prices and as the kingdom lifted all...
Oil price turns negative in response to Ukraine uncertainty Published 24 Feb, 2022 06:34am NEW YORK: Oil prices turned negative on Wednesday, after rising earlier on reports that Ukraine’s government,...
Oil prices gain after IEA says market tight Published 12 Feb, 2022 05:09am LONDON: Oil prices rose on Friday after the International Energy Agency (IEA) said oil markets were tight, but were...
Oil holds near $85/bbl on stronger demand prospects Published 14 Jan, 2022 07:45am NEW YORK: Oil prices were little changed on Thursday, with Brent crude trading near $85 a barrel, buoyed by...
Oil rises 2pc on US crude drawdown, weaker dollar Published 13 Jan, 2022 07:17am NEW YORK: Oil prices hit two-month highs on Wednesday on tight supply as crude inventories in the United States, the...