Oil falls to 7-week low on surprise build in US storage, Middle East ceasefire hopes US Energy Information Administration says energy firms added surprise 7.3 million barrels of crude into stockpiles during week ended April 26 Updated 01 May, 2024 08:36pm
Markets Oil edges higher as investors eye Mideast talks, rates meeting LONDON: Oil edged up on Tuesday a day after falling as Israel-Hamas talks offered hopes of a ceasefire even as Red... Updated 30 Apr, 2024 05:53pm
Markets Oil down on Israel-Hamas peace talks NEW YORK: Oil prices fell by more than $1 a barrel on Monday as Israel-Hamas ceasefire talks in Cairo tempered fears... Published 30 Apr, 2024 03:43am
Markets Oil prices advance on tighter supply outlook LONDON: Oil prices firmed on Thursday, following two consecutive sessions of decline, as investors saw a tighter... Updated 28 Mar, 2024 05:41pm
Markets Oil falls for second day as US crude inventories surge LONDON: Oil prices fell for a second day on Wednesday on surging U.S. stockpiles and signs the OPEC+ producer group... Updated 27 Mar, 2024 06:33pm
Markets Oil steadies as markets weigh Russian supply woes NEW YORK: Oil prices were little changed on Tuesday as investors took a more mixed view toward the loss of Russian... Published 27 Mar, 2024 04:38am
Markets Oil steadies as markets weigh Russian supply woes LONDON: Oil prices were little changed on Tuesday as investors took a more mixed view toward the loss of Russian... Updated 26 Mar, 2024 07:51pm
Markets Malaysian palm oil futures climb JAKARTA: Malaysian palm oil futures rose on Monday, snapping two straight sessions of losses, underpinned by strong... Published 26 Mar, 2024 04:20am
Markets Oil up on supply concerns as Russia orders output cuts HOUSTON: Oil prices rose on Monday as the Russian government ordered producers to curb output as hostilities between... Updated 25 Mar, 2024 09:55pm
Markets Oil prices down on Gaza ceasefire talks NEW YORK: Oil prices slipped on Friday and were flat on the week as the possibility of a ceasefire in Gaza weakened... Published 24 Mar, 2024 03:02am
Markets Oil steady as Gaza ceasefire talks gain traction LONDON: Oil prices were little changed on Friday, with global benchmark Brent hovering above $85 per barrel, as the... Updated 22 Mar, 2024 04:31pm
Markets Oil retreats from multi-month highs ahead of Fed decision LONDON: Oil prices edged lower on Wednesday after hitting multi-month highs in the previous session, as investors... Updated 20 Mar, 2024 04:48pm
Markets Oil rises to multi-month highs on Russian supply concerns NEW YORK: Oil prices rose to multi-month highs for the second straight session on Tuesday, as traders assessed how... Published 20 Mar, 2024 03:00am
Markets Oil prices rise as revised IEA outlook suggests tighter market HOUSTON: Oil prices rose on Thursday as the International Energy Agency’s predicted a tighter market in 2024 and... Published 15 Mar, 2024 04:14am
Markets Oil rises on Russian refinery attacks, signs of strong demand LONDON: Oil rose on Wednesday, supported by potential supply disruption after Ukrainian attacks on Russian... Updated 13 Mar, 2024 05:32pm
Markets Oil prices rise slightly NEW YORK: Oil prices rose slightly on Tuesday as the market weighed bearish US economic data against OPEC’s demand... Published 13 Mar, 2024 06:32am
Markets Kuwait raises April crude prices for Asia SINGAPORE: Kuwait raised the official selling price (OSP) for Kuwait Export Crude (KEC) to Asia in April by 30 cents... Published 12 Mar, 2024 02:29pm
Markets Oil prices rise slightly as OPEC retains demand forecasts NEW YORK: Oil prices rose slightly on Tuesday as the market weighed bearish U.S. economic data against OPEC’s demand... Updated 12 Mar, 2024 09:56pm
Markets Oil prices slip on view US rate cuts could be delayed LONDON: Oil prices slipped on Thursday as expectations that U.S. interest rate cuts could be delayed capped gains,... Updated 07 Mar, 2024 09:53pm
Markets Oil up as OPEC+ cuts override China, US demand concerns LONDON: Oil prices rebounded slightly on Wednesday after four days of declines as signs of supply tightness amid... Updated 06 Mar, 2024 03:08pm
Markets Oil inches lower amid profit taking on OPEC+ cut extension LONDON: Oil prices drifted lower on Monday as traders indulged in some profit taking a day after the widely expected... Updated 04 Mar, 2024 05:46pm
Markets Oil rises 1% as markets await OPEC+ decision LONDON: Oil prices rose on Friday and were set for weekly gains as markets awaited an OPEC+ decision on supply... Updated 01 Mar, 2024 05:53pm
Markets Oil prices steady as US data keeps June rate cuts on the table LONDON: Oil prices were little changed Thursday as January U.S. inflation data reinforced expectations for a June... Updated 29 Feb, 2024 07:32pm
Markets Oil falls 1% on Fed rate cut caution and stocks build LONDON: Oil prices pulled back on Wednesday as the prospect of delays to U.S. interest rate cuts and a jump in U.S.... Updated 28 Feb, 2024 06:05pm
Markets Oil prices steady as investors weigh up Gaza ceasefire signals LONDON: Oil prices were largely stable on Tuesday, as investors weighed up signals of a Gaza ceasefire against the... Updated 27 Feb, 2024 04:30pm
Markets Oil rises on softer dollar, shipping attack LONDON: Oil prices rose for a second day on Thursday, buoyed by a softer dollar and another attack on shipping near... Updated 22 Feb, 2024 04:56pm
Markets Oil dips as questions remain around demand LONDON: Oil prices fell on Tuesday, with an uncertain outlook for global demand knocking value off crude futures... Updated 20 Feb, 2024 06:21pm
Markets Oil steadies as demand jitters counter Middle East conflict LONDON: Global oil benchmark Brent crude was little changed on Monday, hovering around $83 a barrel as festering... Updated 19 Feb, 2024 06:17pm
Markets Oil slides 1% as weaker IEA demand outlook offsets rate cut hopes LONDON: Oil fell by about 1% on Friday as slowing demand forecast by the International Energy Agency (IEA) offset... Updated 16 Feb, 2024 07:13pm
Markets Oil demand growth slowing as non-OPEC supply expands, says IEA LONDON: Global oil demand growth is losing momentum, the International Energy Agency (IEA) said on Thursday as it... Updated 15 Feb, 2024 05:27pm