Oil falls to near year’s lows on China demand worries Oil prices slid on Monday, falling close to their lowest level this year, as street protests against strict COVID-19... Updated 28 Nov, 2022 09:14pm
Markets Brent oil to revisit Monday low of $82.31 Brent oil is expected to revisit its Monday low of $82.31 per barrel, probably after a moderate consolidation above... Published 24 Nov, 2022 12:05pm
Markets Oil drops as price cap proposal eases supply concerns LONDON: Oil prices fell on Thursday, hovering around two-month lows as the level of a proposed G7 cap on the price... Updated 24 Nov, 2022 06:41pm
Markets Oil prices fall more than 3% on Russian oil price cap talks LONDON: Oil prices fell by more than $2 a barrel on Wednesday as the Group of Seven (G7) nations looked at a price... Updated 23 Nov, 2022 08:09pm
Print Oil rises as OPEC+ focus on supply cuts outweighs recession concerns LONDON: Oil rose on Tuesday after top exporter Saudi Arabia said OPEC+ was sticking with output cuts and could take... Updated 23 Nov, 2022 09:30am
Markets Oil jumps 3% as China eases COVID curbs in potential boost to demand LONDON: Oil prices jumped by more than 3% on Friday after health authorities in China eased some of the country’s... Updated 11 Nov, 2022 09:22pm
Markets Brent oil may retrace into $95.77 to $96.77 range Brent oil may retrace into a range of $95.77 to $96.77 per barrel, following its failure to break a resistance zone... Published 08 Nov, 2022 10:45am
Markets Oil prices dip on China demand worries, U.S. midterm elections Oil prices dipped on Tuesday on growing worries about fuel demand as COVID-19 outbreaks worsened in top crude... Updated 08 Nov, 2022 10:06pm
Markets Brent oil may consolidate in $96.32-$98.10 range Brent oil may consolidate in a range of $96.32 to $98.10 per barrel for one or two days before falling towards... Published 07 Nov, 2022 10:30am
Markets Oil slips but holds near $100 a barrel as dollar weakens LONDON: Oil prices edged lower on Monday on demand concerns linked to China’s stringent COVID containment policy but... Updated 07 Nov, 2022 06:43pm
Markets Oil climbs 4% as dollar slips and EU ban looms LONDON: Oil prices rose by 4% on Friday as the dollar eased, with an EU ban on Russian oil looming large and... Updated 04 Nov, 2022 07:02pm
Markets Brent oil may retest resistance at $96.11 Brent oil may retest a resistance at $96.11 per barrel, with a good chance of breaking above this level and rising... Published 03 Nov, 2022 09:21am
Markets Brent oil may drop into $93.91-$94.62 range Brent oil may drop into a range of $93.91-$94.62 per barrel, as a bounce from $88.77 may have completed. The bounce... Published 31 Oct, 2022 10:23am
Markets Brent oil may retrace towards $94.54-$94.89 range Brent oil may retrace towards a support zone of $94.54-$94.89 per barrel, as it faces a resistance at $96.32. The... Published 27 Oct, 2022 10:13am
Markets Oil prices up on surging US exports, refining demand, weak dollar NEW YORK: Oil prices surged on Wednesday as US crude exports hit an all-time high and as the nation’s refiners... Updated 26 Oct, 2022 08:22pm
Markets Brent oil neutral in a range of $92.33-$94.54 Brent oil looks neutral in a range of $92.33-$94.54 per barrel, and an escape could suggest a direction. A break... Published 25 Oct, 2022 12:35pm
Markets Oil gains on weaker U.S. business activity, but Chinese demand data weighs NEW YORK: Oil edged up in choppy trade on Monday, as weakening U.S. business activity data eased expectations for... Updated 24 Oct, 2022 08:08pm
Markets Oil prices mixed as China demand hopes contends with recession concerns NEW YORK: Oil prices toggled between negative and positive territory on Friday as hopes of stronger Chinese demand... Updated 21 Oct, 2022 09:38pm
Markets Brent oil may end bounce around $91.22 and retest $88.55 Brent oil may end its bounce around a resistance at $91.22 and retest a support at $88.55 per barrel, as a wave c... Published 19 Oct, 2022 10:38am
Markets Oil ticks up in tight market but bearish signals remain LONDON: Oil prices rose on Wednesday amid caution as bullish signals like falling U.S. crude stocks in a generally... Updated 19 Oct, 2022 06:01pm
Markets Brent oil neutral in $91.22-$93 range Brent oil looks neutral in a range of $91.22-$93 per barrel, and an escape could suggest a direction. The contract... Published 18 Oct, 2022 09:17am
Markets Brent oil may retest support at $91.22 Brent oil may retest a support at $91.22 per barrel, after a weak bounce into $93-$93.62 range. The deep drop on... Published 17 Oct, 2022 10:17am
Markets Oil steady as positive Chinese signals counter recession fears HOUSTON: Oil prices held steady on Monday in choppy trading as China's continuation of loose monetary policy offset... Updated 17 Oct, 2022 11:35pm
Markets India raises windfall tax on crude oil output NEW DELHI: India has raised a windfall tax on domestically produced crude oil to 11,000 Indian rupees ($133.59) per... Published 15 Oct, 2022 07:34pm
Markets Brent oil may retrace into $93-$93.62 zone Brent oil may retrace into a support zone of $93 to $93.62 per barrel, following its failure to break a resistance... Published 14 Oct, 2022 11:21am
Markets Oil prices fall about 3% on recession worries NEW YORK: Oil prices plummeted on Friday as global recession fears and weak oil demand, especially in China,... Updated 14 Oct, 2022 09:26pm
Markets Brent oil may test support zone of $91.22-$91.69 Brent oil may test a support zone of $91.22 to $91.69 per barrel, a break below could open the way towards... Published 13 Oct, 2022 10:11am
Markets Brent oil may bounce into $94.81-$95.55 range Brent oil may bounce into a range of $94.81 to $95.55 per barrel, as it has stabilized around a support of... Published 12 Oct, 2022 09:55am
Markets Oil down on strong dollar, worries about recession and hawkish Fed talk NEW YORK: Oil futures fell for a third day on Wednesday, as worries about a weaker fuel demand outlook and rising... Updated 12 Oct, 2022 09:38pm
Markets Brent oil may drop to $94.01 Brent oil may drop to $94.01 per barrel, as it has broken a support at $95.82. Not only the support at $95.82, but... Published 11 Oct, 2022 11:31am