Oil rises for third day as interest rate concerns ease LONDON: Oil rose for a third straight day on Wednesday as investor concern over U.S. interest rates eased somewhat... Updated 08 Feb, 2023 08:00pm
Markets Saudi Arabian shares drop on lower oil prices; Egypt rises DUBAI: Saudi Arabian stock market closed lower on Sunday, in response to fall in oil prices on Friday amid concern... Published 06 Feb, 2023 07:14am
Markets Brent oil may retest resistance of $82.98 Brent oil may retest a resistance of $82.98 per barrel, a break above which could lead to a gain into $83.60-$84.22... Published 03 Feb, 2023 09:54am
Markets Asia’s crude oil imports hit record high, but it’s not China: Russell LAUNCESTON: Asia’s imports of crude oil reached a record high in January, but the strength wasn’t driven by China,... Published 02 Feb, 2023 11:52am
Markets Brent oil may test support of $82.10 Brent oil may test a support of $82.10 per barrel, a break below which could open the way towards $80.45. The... Published 02 Feb, 2023 11:45am
Markets Oil steady as Russian oil products ban looms, dollar falls LONDON: Oil prices were steady on Thursday as looming sanctions on Russian oil products added uncertainty over... Updated 02 Feb, 2023 08:45pm
Markets Oil prices tick up ahead of Fed, OPEC decisions LONDON: Oil prices ticked up as the market is looking towards a meeting of OPEC and its allies as well as a Federal... Updated 01 Feb, 2023 06:02pm
Markets Brent oil may bounce into $86.38-$87.05 range Brent oil may bounce into a range of $86.38-$87.05 per barrel, before falling again. The drop on Monday confirmed a... Published 31 Jan, 2023 10:14am
Markets Oil slips as rate hikes loom and Russian flows stay strong LONDON: Oil slipped on Monday as looming increases to interest rates by major central banks and signs of strong... Published 31 Jan, 2023 06:45am
Markets Brent oil may retest support at $85.79 Brent oil may retest a support at $85.79 per barrel, as a five-wave cycle from $77.61 may have completed. The cycle... Published 30 Jan, 2023 09:52am
Markets Oil slips as rate hikes loom and Russian flows stay strong LONDON: Oil slipped on Monday as looming increases to interest rates by major central banks and signs of strong... Updated 30 Jan, 2023 07:34pm
Markets Brent oil neutral in $87.05-$88.11 range Brent oil looks neutral in a range of $87.05-$88.11 per barrel, and an escape could suggest a direction. The... Published 27 Jan, 2023 09:24am
Markets Brent oil may retest support at $85.79 Brent oil may retest a support of $85.79 per barrel, with a good chance of breaking below this level and falling... Published 26 Jan, 2023 09:20am
Markets Oil up more than 1pc, on track for second week of gains NEW YORK: Oil rose by about $1 a barrel on Friday and headed for a second straight weekly gain, spurred largely by... Published 23 Jan, 2023 08:05am
Markets Saudi crude exports slip to five-month low in November Saudi Arabia’s crude oil exports fell to a five-month low in November, while production also slipped, data from the... Published 19 Jan, 2023 09:53pm
Markets Oil edges up on expectations of tight market LONDON: Oil futures rose slightly on Thursday, recouping losses from earlier in the session as an expected rise in... Updated 19 Jan, 2023 08:26pm
Markets Oil prices up 1pc to near 7-week high NEW YORK: Oil prices rose about 1% on Wednesday to their highest since early December on a drop in the US dollar and... Published 19 Jan, 2023 06:31am
Markets Oil prices up 1% to near 7-week high on China recovery hopes NEW YORK: Oil prices rose about 1% on Wednesday to their highest since early December on a drop in the US dollar and... Updated 18 Jan, 2023 11:13pm
Markets Oil prices hit two-week highs on hopes of China demand rebound LONDON: Oil prices rose to their highest in two weeks on Tuesday after China posted weak but expectation-beating... Updated 17 Jan, 2023 08:08pm
Markets Brent oil may extend gains to $86.69 Brent oil may extend gains to $86.69 per barrel, as it has broken a key resistance at $84.96. The resistance is... Published 16 Jan, 2023 10:52am
Markets Oil near 2023 highs on Chinese demand recovery expectations LONDON: Oil prices held near this year’s highs on Monday as easing COVID restrictions in China raised expectations... Updated 16 Jan, 2023 04:50pm
Markets China demand optimism sets oil on track for strong weekly gain LONDON: Oil prices rose on Friday and were on track to gain over 7% on the week due to solid signs of demand growth... Updated 13 Jan, 2023 08:55pm
Markets Brent oil price broadly steady at $80/bbl amid rising US stockpiles LONDON: Oil prices were broadly steady on Wednesday as market participants were pulled in different directions by an... Updated 11 Jan, 2023 05:57pm
Business & Finance Oil rises over 1pc NEW YORK: Oil prices rose over 1% on Monday after China’s move to reopen its borders boosted the outlook for fuel... Published 10 Jan, 2023 06:00am
Markets Oil jumps 3% on demand optimism as China’s borders reopen LONDON: Oil extended gains on Monday, rising more than 3% after China’s move to reopen its borders boosted the... Updated 09 Jan, 2023 08:50pm
Markets Brent oil neutral in $77.92-$79.65 range Brent oil looks neutral in a range of $77.92 to $79.65 per barrel, and an escape could suggest a direction. The... Published 06 Jan, 2023 11:07am
Markets Oil rebalances on stronger dollar and economic outlook LONDON: Oil prices rebalanced on Friday after an early $1 rally as a stronger dollar and weaker economic outlook... Updated 06 Jan, 2023 06:30pm
Markets Brent oil may retest support at $77.92 Brent oil may retest a support at $77.92 per barrel, probably after a moderate bounce to $79.65. For two consecutive... Published 05 Jan, 2023 11:33am
Markets Oil steadies after biggest start of the year drop in decades LONDON: Oil steadied on Thursday in volatile trade after posting the biggest two-day loss for the start of a year in... Updated 05 Jan, 2023 08:15pm
Business & Finance Oil prices fall nearly 5pc on worry over global economy NEW YORK: Oil fell nearly 5 percent on Wednesday after slumping in the previous session, weighed down by demand... Published 05 Jan, 2023 05:58am
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