Oil prices tumble over 5pc, weighed down by China lockdowns NEW YORK: Oil prices sank over 5% on Monday alongside equities, as continued coronavirus lockdowns in China, the top... Published 10 May, 2022 05:10am
Markets U.S. fuel prices surge faster than crude as exports tighten market NEW YORK: U.S. fuel prices have surged faster than crude oil prices in the last month, as the United States has... Published 06 May, 2022 11:27am
Markets Oil edges up on supply jitters as EU plans Russian oil ban NEW YORK: Oil prices were flat to a little higher on Thursday as a stronger US dollar offset supply concerns after... Updated 05 May, 2022 09:33pm
Markets Oil jumps 4% as EU proposes ban on Russian oil LONDON: Oil prices jumped on Wednesday as the European Union, the world’s largest trading bloc, spelled out plans to... Updated 04 May, 2022 08:07pm
Markets Oil turns positive on supply concerns, economic data NEW YORK: Oil prices reversed course to trade in positive territory on Monday on fears supply might be crimped by a... Published 03 May, 2022 03:47am
Markets Oil prices rally on report that Germany drops opposition to Russian oil embargo NEW YORK: Oil prices rallied on Thursday after reports that Germany is no longer opposed to an embargo on Russian... Updated 28 Apr, 2022 09:40pm
Markets Oil prices dip as Europe turns away from Russian oil, dollar soars Oil prices dipped on Wednesday as a soaring dollar made barrels more expensive and Europe’s biggest economy Germany... Updated 27 Apr, 2022 07:21pm
Markets Oil rebounds on China’s plans to support its economy HOUSTON: Oil prices rebounded in volatile trading on Tuesday as the market weighed China’s plans to support its... Published 27 Apr, 2022 05:19am
Markets Oil falls on growth concerns, Shanghai lockdown HOUSTON: Oil slipped on Friday, burdened by the prospect of weaker global growth, higher interest rates and COVID... Published 23 Apr, 2022 04:45am
Markets Oil falls on growth concerns, Shanghai lockdown HOUSTON: Oil slipped on Friday, burdened by the prospect of weaker global growth, higher interest rates and COVID... Updated 22 Apr, 2022 08:54pm
Markets Oil edges higher on concerns over Russia, Libya supply disruption NEW YORK: Oil prices rose on Thursday, buffeted by concerns about tightened supply as the European Union (EU) mulls ... Published 22 Apr, 2022 05:36am
Markets Oil rises as investors focus on lower supply from Russia, Libya LONDON: Oil prices rose on Thursday amid concerns about supply as the European Union (EU) mulls a potential ban on... Updated 21 Apr, 2022 09:38pm
Markets Oil slips nearly 1pc on broader demand concerns NEW YORK: Oil slipped nearly 1% on Wednesday, extending losses for a second day, as broader concerns about economic... Published 21 Apr, 2022 05:26am
Markets Oil rebounds as supply concerns dominate LONDON: Oil prices rebounded on Wednesday as a drop in U.S. oil inventories and concerns over tighter supplies from... Updated 20 Apr, 2022 08:00pm
Markets Oil slumps 5% after IMF cuts economic growth outlook HOUSTON: Oil prices tumbled 5% in volatile trading on Tuesday on demand concerns after the International Monetary... Updated 19 Apr, 2022 09:55pm
Markets Oil rises 2pc as Libya outages add to Russia supply fears NEW YORK: Oil prices rose 2% on Monday, with Brent crude topping $114 a barrel, as outages in Libya deepened concern... Published 19 Apr, 2022 05:32am
Markets Oil rises, Brent crude touches $113 as Libya outages add to Russia supply fears NEW YORK: Oil rose on Monday in choppy trade, with Brent crude topping $113 a barrel, as outages in Libya deepened... Updated 18 Apr, 2022 09:37pm
Markets Oil prices fall as market weighs mixed supply signals LONDON: Oil prices slipped on Thursday in thin trade ahead of a public holiday, as traders weighed a... Updated 14 Apr, 2022 02:51pm
Markets Oil prices up over 2pc despite big US crude stock build NEW YORK: Oil prices rose on Wednesday as investors grew more discouraged about peace talks between Russia and... Published 14 Apr, 2022 04:55am
Markets Oil prices extend gains with falling supplies in focus LONDON: Oil prices rose by more than 2% on Wednesday after Moscow said that peace talks with Ukraine had hit a dead... Updated 13 Apr, 2022 08:14pm
Markets Oil rises on Russian oil production constraints NEW YORK: Oil prices climbed on Tuesday as Russian oil and gas condensate production fell to 2020 lows and OPEC... Published 13 Apr, 2022 06:03am
Markets Oil prices set for weekly fall on stockpile releases HOUSTON: Oil prices were stable on Friday in choppy trading but remained on course for a second weekly fall after... Published 09 Apr, 2022 04:39am
Markets Oil rises from 3-week low as supply concerns linger LONDON: Oil prices rose on Thursday from a three-week low touched in the previous session after consuming nations... Updated 07 Apr, 2022 07:22pm
Markets Oil jumps 2pc as deaths near Kyiv prompt talk of new sanctions NEW YORK: Oil jumped about 2% on Monday, with investors worried about tighter supply as mounting civilian deaths in... Published 05 Apr, 2022 05:38am
Markets Oil jumps toward $108 as supply fears persist despite reserves release LONDON: Oil jumped over 3% on Monday toward $108 a barrel as the release of strategic reserves by consuming nations... Updated 04 Apr, 2022 07:25pm
Markets Oil slumps 5pc as US plans record crude reserve release HOUSTON: Oil prices tumbled about 5% on Thursday with the United States set to announce the largest ever release ... Published 01 Apr, 2022 05:41am
Markets Oil jumps 4% on tight supply, prospects of new Russia sanctions NEW YORK: Oil prices soared about 4% on Wednesday on supply tightness with another U.S. crude stock drawdown, and ... Updated 30 Mar, 2022 08:53pm
Markets Oil slides about 6pc on concerns of weaker Chinese demand NEW YORK: Oil prices tumbled nearly 6% on Monday after China’s financial hub of Shanghai launched a lockdown to... Published 29 Mar, 2022 05:49am
Markets Oil jumps in volatile trade amid CPC pipeline disruption LONDON: Oil prices rose in volatile trading on Wednesday, supported by disruption to Russian and Kazakh crude... Updated 23 Mar, 2022 08:17pm
Markets Crude jumps more than 6pc as EU mulls Russian oil ban HOUSTON: Oil prices soared more than 6% on Monday, with global benchmark Brent crude climbing above $115 a barrel, ... Published 22 Mar, 2022 05:21am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?