Trends - Brent crude - Business Recorder

Markets

Oil’s 7-week winning streak at risk from China economy jitters

LONDON: Oil prices looked set to close lower this week following seven weeks of gains, as China’s economic woes...

Updated 18 Aug, 2023 07:27pm

Markets

Oil rises as dollar eases

HOUSTON: Oil prices rose more than 1% on Thursday, after falling for three straight sessions, as the dollar pulled...

Published 18 Aug, 2023 05:42am

Markets

Oil steadies as China fears counter tight US supply

NEW YORK: Oil prices were little changed on Wednesday despite a large drawdown in US crude oil stocks as investors...

Published 17 Aug, 2023 03:49am

Markets

Oil steadies as China fears counter tight US supply

Oil prices were little changed on Wednesday despite a large drawdown in U.S. crude oil stocks as investors weighed...

Updated 16 Aug, 2023 09:23pm

Markets

Oil drops over 1pc on worries about Chinese economy

NEW YORK: Oil prices fell over 1% on Tuesday on sluggish Chinese economic data coupled with fears that Beijing’s...

Published 16 Aug, 2023 05:50am

Print

Oil benchmark Brent’s price structure reflects tighter market

LONDON: The structure of the global benchmark Brent crude futures market is at its most bullish since April,...

Updated 11 Aug, 2023 08:42am

Markets

Oil benchmark Brent’s price structure reflects tighter market

LONDON: The structure of the global benchmark Brent crude futures market is at its most bullish since April,...

Published 10 Aug, 2023 07:22pm

Markets

Oil slips as weak China data offsets tightening supply

NEW YORK: Oil prices fell by about 1% on Tuesday after data showed China’s crude imports and exports fell much ...

Published 09 Aug, 2023 05:33am

Markets

Oil rises 2pc as KSA and Russia keep supplies tight

NEW YORK: Oil prices gained about 2 percent on Thursday as Saudi Arabia and Russia were taking steps to keep ...

Published 04 Aug, 2023 06:20am

Markets

Oil dips on stronger dollar, signs of profit-taking

HOUSTON: Oil prices edged lower on Tuesday on a stronger dollar and signs of profit-taking, after rallying in July...

Published 02 Aug, 2023 06:47am

BR Research

Oil bull run brews trouble for Pakistan

Oil bulls are back in business as Saudi led Opec Plus decisions are finally making an impact – leading to fourth...

Published 01 Aug, 2023 08:28am

Markets

Oil dips but on track for fifth week of gains

NEW YORK: Oil prices edged lower on Friday, but were on track for a fifth straight week of gains as investors were...

Updated 28 Jul, 2023 09:34pm

Markets

Oil dips ahead of Fed rate decision

LONDON: Oil prices slipped on Wednesday, with investors cautious ahead of an expected Federal Reserve rate hike...

Updated 26 Jul, 2023 05:10pm

Markets

Oil prices rise as tight supply counters expected rate hikes

LONDON: Oil prices rose on Monday as tightening supply and hopes for Chinese stimulus underpinned Brent at well...

Updated 24 Jul, 2023 05:46pm

Print

Gulf economies to grow at much slower pace than earlier forecast

BENGALURU: Economic growth in five countries in the six-member Gulf Cooperation Council is forecast to be even ...

Updated 24 Jul, 2023 06:40am

Markets

Oil climbs, fuelled by tighter supplies, China stimulus

LONDON: Oil prices rose on Friday, buoyed by evidence of tightening supplies and economic stimulus in...

Updated 21 Jul, 2023 05:02pm

Markets

Oil edges higher on lower US crude stocks

LONDON: Oil prices edged higher on Thursday on lower US crude inventories and strong crude imports by China, but a...

Published 21 Jul, 2023 06:38am

Markets

Oil prices rise as US supply tightens, inflation worries ease

NEW YORK: Oil prices gained on Wednesday, buoyed by tighter U.S. crude supplies, China’s pledge to reinvigorate its...

Updated 19 Jul, 2023 09:34pm

Markets

Oil prices edge up on weak US dollar

NEW YORK: Oil prices climbed more than 1% on Tuesday as a weaker US dollar and expected decline in US output...

Published 19 Jul, 2023 03:21am

Markets

Oil steadies as investors eye US crude supplies

LONDON: Oil prices were little changed on Tuesday as investors weighed a possible tightening of U.S. crude supplies...

Updated 18 Jul, 2023 09:42pm

Markets

Oil slides more than 1% as Chinese GDP dents demand hopes

LONDON: Oil dropped by more than 1% on Monday after weaker than expected Chinese economic growth fuelled concern...

Updated 17 Jul, 2023 05:56pm

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

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 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