Brent oil may retest resistance at $120.32 SINGAPORE: Brent oil may stabilize around a support at $118.82 per barrel and retest a resistance at $120.32. A... Published 17 Jun, 2022 11:52am
Markets OPEC+ crude oil output boost undershoots targets in May LONDON: OPEC+ produced 2.695 million barrels per day below its crude oil targets in May because of production... Published 16 Jun, 2022 05:26pm
Markets Russia considering oil exports from northern port of Murmansk Russia is considering exporting oil via the northern port of Murmansk in the event of limitations on other routes,... Updated 16 Jun, 2022 04:50pm
Markets Brent oil may end bounce around $120.32 SINGAPORE: Brent oil may end its bounce around a resistance at $120.32 per barrel, and retest a support at... Published 16 Jun, 2022 10:12am
Markets Oil prices fall after rate hikes, but tight supply still in focus LONDON: Oil prices erased early gains to fall to two-week lows on Thursday on the back of inflation concerns... Updated 16 Jun, 2022 05:18pm
Markets Oil prices fall over 1pc as Fed hikes interest rates HOUSTON: Oil prices fell more than 1% on Wednesday as the Federal Reserve raised its target interest rate by... Published 16 Jun, 2022 08:10am
Markets Brent could push past $150/bbl if Russian oil exports shrink: Bank of America Global oil benchmark Brent crude could rise past $150 a barrel if there is a sharp contraction in Russian oil... Published 27 May, 2022 04:49pm
Markets Oil prices rise on China demand optimism, gasoline strength NEW YORK: Oil prices rose on Monday on optimism that China would see significant demand recovery after positive... Updated 16 May, 2022 10:36pm
Markets Brent oil may test resistance at $104.17 SINGAPORE: Brent oil may test a resistance at $104.17 per barrel, a break above which could lead to a gain into... Published 26 Apr, 2022 09:43am
Markets Brent oil may fall into $96.93-$99.88 range SINGAPORE: Brent oil may break a support at $103.09 per barrel and fall into a range of $96.93 to $99.88. Even... Published 01 Apr, 2022 10:17am
Markets Oil dips as dollar rises, EU looks less likely to ban Russian oil NEW YORK: Oil stumbled on Tuesday as the dollar strengthened and it looked unlikely that the European Union would... Published 23 Mar, 2022 04:58am
Markets Brent oil may extend gains into $120.73-$123.11 range SINGAPORE: Brent oil may break a resistance at $117.80 per barrel and extend gains into the range of $120.73 to... Published 22 Mar, 2022 09:44am
Markets Oil holds near $100 as Ukraine talks, demand concerns limit gains Oil steadied above $100 a barrel in a volatile session on Wednesday, as it came under pressure from signs of... Published 16 Mar, 2022 06:34pm
Markets Oil rises back above $100, Russia-Ukraine talks limit gain LONDON: Oil rose almost 3% on Wednesday, back above $100 a barrel, recovering from a decline in the previous session... Updated 16 Mar, 2022 03:56pm
Markets Brent oil may consolidate in $106.14-$116.26 range SINGAPORE: Brent oil may consolidate in a narrow range of $106.14-$116.26 per barrel for one or two days before... Published 11 Mar, 2022 10:09am
Markets Brent oil may retest support at $105.14 SINGAPORE: Brent oil may end its weak bounce in the resistance zone of $113.97-$116.26 and retest a support at... Published 10 Mar, 2022 10:10am
Markets US oil may seek support at $104.87 SINGAPORE: US oil may seek a support at $104.87 per barrel and stabilize around this level thereafter. The support... Published 10 Mar, 2022 10:05am
Markets Oil could hit $200 a barrel, says Rystad Energy OSLO: Global oil prices could rise to $200 a barrel if Europe and the United States ban imports of Russian oil,... Published 08 Mar, 2022 08:50pm
Markets THE RUPEE: PKR declines KARACHI: Rising oil prices pushed Pakistan’s rupee lower against the US dollar, as the currency registered a... Published 03 Mar, 2022 04:39am
Markets Gulf markets gain; Abu Dhabi jumps over 2pc DUBAI: Major Gulf bourses rose for a third straight session on Tuesday as higher oil prices boosted energy stocks,... Published 02 Mar, 2022 04:35am
Markets Petrobras sees record net profit in 2021 at nearly $20bn RIO DE JANEIRO: Brazilian state-run oil company Petrobras announced Wednesday it posted a record net profit of ... Published 24 Feb, 2022 11:10am
Markets Brent oil may retrace further to $94.20 SINGAPORE: Brent oil may retrace further to $94.20 per barrel, following its failure to break a resistance at ... Published 23 Feb, 2022 11:58am
Markets Oil hits highest since 2014 on Russia-Ukraine escalation LONDON: Oil rose to its highest since 2014 on Tuesday after Moscow ordered troops into two breakaway regions in... Updated 22 Feb, 2022 09:16pm
Markets Oil edges higher on tight supply and post-pandemic recovery TOKYO: Oil prices edged higher on Tuesday, trading near seven-year highs hit last week, as investors bet supplies... Published 01 Feb, 2022 09:54am
Markets Oil prices fall despite lingering supply concerns LONDON: Oil prices fell on Friday, pressured by an unexpected rise in U.S. crude and fuel inventories while ... Published 22 Jan, 2022 05:46am
Markets Oil tops $83, as Omicron impact expected to be short lived Oil rose to more than $83 a barrel on Tuesday, supported by tight supply and expectations that rising coronavirus... Published 11 Jan, 2022 10:33pm
Markets Oil falls from one-month high after US fuel inventory surge SINGAPORE: Oil prices lost ground on Thursday, falling more than $1 a barrel from their highest levels in more than ... Published 06 Jan, 2022 11:14am
Markets Oil rebounds towards $72 on Omicron hopes and Iran talks LONDON: Oil climbed by $2 a barrel towards $72 on Monday on hopes that the Omicron coronavirus variant would have a... Published 07 Dec, 2021 06:29am
Markets Oil prices retreat in face of supply and demand pressures LONDON: Oil prices fell on Monday as rising COVID-19 cases in Europe and a potential release of Japanese oil ... Updated 22 Nov, 2021 05:32pm
Markets Oil dives over 2pc NEW YORK: Oil prices fell on Friday below $80 a barrel as surging COVID-19 cases in Europe threatened to slow the... Published 20 Nov, 2021 03:58am