Oil prices drop on profit-taking, still headed for weekly gain BENGALURU: Oil prices fell more than a dollar a barrel on Friday as the dollar strengthened and oil traders booked... Updated 14 Jul, 2023 09:14pm
Markets Oil stuck between supply strains and economic doubt LONDON: Oil prices were little changed on Wednesday in a market caught between expectations supply cuts by the... Updated 12 Jul, 2023 05:55pm
Markets Oil prices up 2% to 10-week high on weaker US dollar, rising demand forecasts NEW YORK: Oil prices jumped about 2% to a 10-week high on Tuesday, boosted by a falling U.S. dollar, hopes for... Updated 11 Jul, 2023 09:52pm
Markets Oil dips on Chinese and US data, but OPEC+ cuts limit fall LONDON: Oil prices dipped on Monday after weak economic data from top consumers the United States and China, though... Updated 10 Jul, 2023 08:17pm
Markets Oil prices set for second straight weekly gain after US data LONDON: Oil prices rose on Friday and were on track for their second straight weekly gain, as resilient demand... Updated 07 Jul, 2023 03:16pm
Print Basis for fixation of base tariff: Rupee could hit 325 mark vs dollar by June 2024: PD ISLAMABAD: The Power Division is said to have projected that Pak rupee could touch Rs 325 per US$ by June 2024,... Updated 07 Jul, 2023 09:03am
Markets UAE climate chair urges oil firms to slash emissions PARIS: The Emirati oil executive chairing this year’s UN climate summit, Sultan Al Jaber, told private and national... Published 06 Jul, 2023 04:48pm
Markets Oil drops 1% as market frets about risk of US rate hike NEW YORK: Oil prices fell over 1% on Thursday as the market digested the higher likelihood of a U.S. interest rate... Updated 06 Jul, 2023 09:01pm
Markets Oil prices rise ahead of U.S. holiday demand indicators BENGALURU: U.S. crude oil gained 3% on Wednesday, narrowing the price gap with global benchmark Brent in a... Updated 05 Jul, 2023 09:18pm
Markets Oil up as market weighs supply cuts against gloomy economic outlook LONDON: Oil prices ticked higher on Tuesday as markets weighed supply cuts for August by top exporters Saudi Arabia... Updated 04 Jul, 2023 05:54pm
Markets Saudi Arabia extends extra 1 mbpd oil output cut to August DUBAI: Saudi Arabia said on Monday it would extend its voluntary oil output cut of one million barrels per day (bpd)... Published 03 Jul, 2023 03:31pm
Markets Russia to cut oil exports by 500,000 bpd in August, Novak says MOSCOW: Russia will cut oil exports by 500,000 barrels per day in August, President Vladimir Putin’s point man on... Published 03 Jul, 2023 03:07pm
Markets Oil rallies on Saudi and Russian supply cuts for August LONDON: Oil rose on Monday after top exporters Saudi Arabia and Russia announced supply cuts for August,... Updated 03 Jul, 2023 06:01pm
Markets Oil heads for fourth straight quarterly decline LONDON: Oil prices declined towards $74 a barrel on Friday and were on course for a fourth consecutive quarter of... Updated 30 Jun, 2023 05:28pm
Markets Oil prices fall on concerns of slow fuel demand, weak China data TOKYO: Oil prices fell on Thursday, paring some of the previous day’s gains, as investors took profits on concerns... Updated 29 Jun, 2023 03:22pm
Markets Oil rises as US inventory drop offsets rate hike fears LONDON: Oil rallied on Wednesday after an industry report of a larger-than-expected drop in US crude inventories... Updated 28 Jun, 2023 02:43pm
Markets Oil markets shrug off Russian political turmoil LONDON: Oil prices were steady on Monday, with political instability from an aborted revolt by Russian mercenaries... Updated 26 Jun, 2023 07:14pm
Markets Oil dips on demand worries as more rate hikes likely HOUSTON: Oil prices fell on Friday, headed for a weekly decline as traders worried interest rate hikes could sap... Published 26 Jun, 2023 06:38am
Markets Oil slumps with interest rate hikes and inventories in focus LONDON: Oil futures fell on Thursday, with trader concern over the impact of a bigger-than-expected Bank of England... Updated 22 Jun, 2023 06:51pm
Markets Oil rallies 1% after hawkish remarks from Fed’s Powell BENGALURU: Oil prices gained a dollar a barrel on Wednesday after some analysts predicted a drawdown in U.S.... Updated 21 Jun, 2023 09:58pm
Markets Oil rises as Chinese economic indicators offer mixed picture LONDON: Oil prices rose on Tuesday after China cut benchmark lending rates in a potential boost to growth but oil... Updated 20 Jun, 2023 05:04pm
Markets Brent oil may retrace into $74.86-$75.33 range Brent oil may retrace into a range of $74.86 to $75.33 per barrel, as it failed to break a resistance at $76.82. The... Published 19 Jun, 2023 09:39am
Markets Oil falls amid China growth uncertainties LONDON: Oil prices eased on Monday as questions over China’s economy outweighed OPEC+ output cuts and the seventh... Updated 19 Jun, 2023 06:52pm
Markets Oil heads for weekly gain as supply cuts balance demand concerns NEW YORK: Oil edged higher on Friday and was on course for a weekly gain, as higher Chinese demand and OPEC+ supply... Updated 16 Jun, 2023 08:28pm
Markets Oil futures up 3pc on strong China refinery data HOUSTON: Oil prices gained about 3 % to a one-week high on Thursday as the US dollar weakened and data showed a jump... Published 16 Jun, 2023 06:27am
Markets Brent oil may revisit June 8 low $73.58 Brent oil may revisit its June 8 low of $73.58 per barrel, as the downtrend from $78.73 may have resumed. The bounce... Published 12 Jun, 2023 10:15am
Markets Oil posts second weekly decline as demand concerns overshadow Saudi cut BENGALURU: Oil prices fell more than a dollar a barrel on Friday to record a second straight weekly decline, as... Published 12 Jun, 2023 06:26am
Markets Brent oil may retrace into $74.33-$74.80 range Brent oil may retrace into a range of $74.33 to $74.80 per barrel, as it has broken a support at $75.55. The current... Published 09 Jun, 2023 10:07am
Markets Brent oil may retest resistance at $77.52 Brent oil may retest a resistance at $77.52 per barrel, a break above which could lead to a gain to $78.39. The rise... Published 08 Jun, 2023 10:44am
Markets Oil rises as Saudi cut supports and focus turns to Fed LONDON: Oil rose on Thursday as tighter supply resulting from Saudi Arabia’s pledged production cut and a potential... Updated 08 Jun, 2023 06:03pm
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost