Brent crude settles below $100/bbl on higher dollar, weak demand outlook HOUSTON: Global benchmark Brent crude tumbled $7 on Tuesday to settle below $100 a barrel for the first time in ... Published 13 Jul, 2022 05:48am
Markets Oil rises 2pc but set for weekly loss amid recession fears NEW YORK: Oil prices rose about 2% in volatile trade on Friday but were still heading for a weekly decline as ... Published 09 Jul, 2022 03:57am
Markets Oil rises 2% but set for weekly loss amid recession fears NEW YORK: Oil prices rose about 2% in volatile trade on Friday but were still heading for a weekly decline as... Updated 08 Jul, 2022 09:04pm
Markets Oil up nearly $5 as tight supply outweighs recession fears LONDON: Oil prices rose steeply on Thursday after sharp losses in the previous two sessions, as investors returned... Updated 07 Jul, 2022 08:17pm
Markets Under $100: oil drops to 12-week low on recession, COVID-19 worries NEW YORK: Oil prices dropped to a 12-week low in volatile trade on Wednesday, extending Tuesday's heavy losses as... Updated 06 Jul, 2022 08:54pm
Print Oil tumbles 9pc on recession demand destruction fears NEW YORK: Oil plummeted about 9 percent on Tuesday in the biggest daily drop since March on growing fears of a... Updated 06 Jul, 2022 10:00am
Markets Oil up about $2/bbl as supply outages outweigh recession fears NEW YORK: Oil prices rose about $2 a barrel on Friday, recouping most of the previous session’s declines, as ... Published 02 Jul, 2022 04:10am
Markets Oil prices up 3% on supply outages LONDON: Oil prices rose about 3% on Friday, recouping most of the previous session’s declines, as supply outages in... Updated 01 Jul, 2022 06:06pm
Markets Oil falls 2pc on uncertainty over future OPEC+ output NEW YORK: Oil prices sank over 2pc on Thursday as OPEC+ confirmed it would only increase output in August as much as... Published 01 Jul, 2022 06:13am
Markets Oil prices rise for fourth day on supply worries NEW YORK: Oil prices gained for a fourth straight session on Wednesday as data showed a drawdown in U.S. crude... Updated 29 Jun, 2022 09:04pm
Markets Oil prices edge higher ahead of G7 talks on new Russian sanctions LONDON: Oil prices edged higher on Monday in a volatile session as investors waited for any moves against Russian ... Updated 27 Jun, 2022 06:07pm
Opinion High energy prices could sink US stocks during earnings season Sky-high oil prices pose yet another obstacle to US corporate earnings, and some on Wall Street are worried this... Published 24 Jun, 2022 06:15am
Markets Oil prices dive $2/barrel on fear Fed rate hikes will hurt demand NEW YORK: Oil prices fell by more than $2 a barrel on Thursday in volatile trading as investors weighed the risk ... Published 24 Jun, 2022 06:15am
Markets Oil swings higher as tight supplies overshadow demand destruction LONDON: Oil prices swung higher in volatile trading on Monday, as traders focused on tight supplies over slowing... Published 21 Jun, 2022 05:51am
Markets Oil rises as tight supply outweighs recession, China demand fears LONDON: Oil prices rose on Tuesday as tight global supply outweighed worries that fuel demand would be hit by a... Published 15 Jun, 2022 08:22am
Markets Oil up 1%, supplies seen tighter as China relaxes COVID-19 curbs NEW YORK: Oil prices rose about 1% in a seesaw session on Tuesday, with U.S. crude on track for a 13-week high on... Updated 07 Jun, 2022 10:16pm
Markets Oil tops $120 a barrel on Saudi pricing despite OPEC+ deal NEW YORK: Oil prices were largely unchanged after choppy trade on Monday, buoyed by Saudi Arabia raising its July... Published 07 Jun, 2022 05:47am
Markets Oil edges higher as supply still seen tight after OPEC+ hike LONDON: Oil edged higher on Friday, supported by expectations that OPEC’s decision to increase production targets... Published 04 Jun, 2022 04:18am
Markets Oil prices fall on prospect of OPEC offsetting Russian output loss LONDON: Oil prices fell on Thursday on speculation that Saudi Arabia and other OPEC members may boost crude output... Updated 02 Jun, 2022 03:51pm
Markets Oil rises as EU to phase in Russian oil ban, Shanghai ends lockdown NEW YORK: Oil prices strengthened on Wednesday after European Union leaders agreed to a phased ban on Russian oil ... Published 02 Jun, 2022 06:19am
Markets US oil may bounce to $116.93 SINGAPORE: US oil may bounce moderately to $116.93 per barrel, as its drop from the Tuesday high of $119.98 looks... Published 01 Jun, 2022 10:06am
Markets Oil extends bull run as EU agrees to ban most Russian oil HOUSTON: Oil prices extended a bull run on Tuesday after the European Union agreed to a partial and phased ban on... Published 01 Jun, 2022 05:53am
Markets Oil climbs above $121 a barrel as China eases restrictions LONDON: Oil prices climbed above $121 a barrel on Monday, hitting a two-month high as China eased COVID-19... Published 31 May, 2022 05:11am
Markets Oil edging higher supported by the prospect of a tight market HOUSTON: Oil prices edged higher on Friday supported by the prospect of a tight market due to rising gasoline... Published 28 May, 2022 05:11am
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 jumps 3% to 2-month high as EU seeks to ban Russian crude NEW YORK: Oil prices rose about 3% to a two-month high on Thursday on signs of tight supply ahead of U.S. summer... Updated 26 May, 2022 10:18pm
Markets Oil edges higher on tight supply, surge in U.S. refining activity NEW YORK: Oil prices rose on Wednesday, buoyed by tight supplies and as U.S. refiners drove processing activity to... Updated 25 May, 2022 08:39pm
Markets Oil rises on EU’s Russian oil ban effort, demand hopes LONDON: Oil hit its highest in seven weeks on Tuesday, supported by the European Union’s ongoing push for a ban on... Updated 17 May, 2022 01:43pm
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 ... Published 17 May, 2022 05:39am
Markets Oil jumps 4% as U.S. gasoline prices hit record high, stock markets soar NEW YORK: Oil prices rose about 4% on Friday as U.S. gasoline prices jumped to an all-time high, stock markets... Updated 13 May, 2022 10:27pm
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?