Oil slips but set to end week steady on tight supply LONDON: Oil slipped further below $74 a barrel on Friday but was on track to end the week little changed after a... Published 24 Jul, 2021 04:27am
Markets Oil slips but heads for steady week on supply tightness Brent crude futures fell 7 cents, or 0.1%, to $73.72 a barrel at 0147 GMT, after jumping 2.2% on Thursday Published 23 Jul, 2021 10:44am
Markets Oil prices rise on signs of tightening supplies Demand seen outstripping supply in second half of year US inventories rise for first time since May Updated 22 Jul, 2021 06:12pm
Markets Oil heads for biggest weekly drop since March as supply worries mount Brent crude for September was down 2 cents at $73.45 a barrel by 0338 GMT and is heading for a 3% fall this week after two days of heavy declines. Published 16 Jul, 2021 10:28am
Markets Oil prices fall as China crude import data weighs Brent crude was down 38 cents, or 0.5%, at $76.11 a barrel by 0820 GMT. West Texas Intermediate was off by 46 cents, or 0.6%, at $74.79 a barrel. Published 14 Jul, 2021 03:29pm
Markets Oil climbs on expected further draw in US crude inventories US crude and gasoline stockpiles seen falling last week OPEC+ yet to make progress in resolving impasse, sources say WHO says deaths were again rising from the COVID-19 pandemic Updated 13 Jul, 2021 10:03am
Markets Oil prices slip as economic fears offset tightening crude supplies NEW YORK: Oil slumped on Monday over concerns about spreading Covid-19 variants derailing the global economic... Published 13 Jul, 2021 03:22am
Markets Oil prices fall again as OPEC+ uncertainty weighs Saudis and UAE still at impasse over output issue Russia mediating in bid to rescue OPEC+ deal US 2021 oil output to fall less than expected Updated 08 Jul, 2021 07:31pm
Markets Oil rises as tighter market eyed after OPEC+ cancels meeting U.S. crude inventories expected to fall in weekly reports U.S. closely monitoring OPEC+ talks, White House says Brent near highest since 2018, WTI near highest since 2014 Published 07 Jul, 2021 05:02pm
Markets US oil benchmark hits 2014 peak after OPEC+ talks fail The price of Europe's Brent North Sea oil advanced to a November 2018 peak at $77.84 before it declined to $76. Published 06 Jul, 2021 06:58pm
Markets Oil extend gains on prospects of tighter supply as OPEC+ talks called off Brent crude climbed 32 cents, or 0.4%, to $77.48 a barrel by 0408 GMT, after gaining 1.3% on Monday Published 06 Jul, 2021 10:48am
Markets Oil prices inch up ahead of OPEC+ decision on supply cuts WTI rose more than 10% in June while Brent added over 8%, touching their highest levels since October 2018 Published 01 Jul, 2021 12:20pm
Markets Oil rises on lower US stockpiles, demand recovery • US crude stocks fell for the sixth straight week • OPEC to discuss extension of supply cut deal NEW YORK: ... Published 01 Jul, 2021 04:09am
Markets Oil rises on lower US stockpiles but OPEC warns of 2022 glut US crude stockpiles fall more than 8 mln barrels. Oil prices heading for seventh monthly gain in eight. OPEC to discuss extension of supply cut deal-sources. Published 30 Jun, 2021 08:08pm
Business & Finance Oil gains as US crude draws, German data boost outlook demand Iran says US to lift oil sanctions, U.S. says nothing agreed OPEC+ meeting on July 1 set to discuss further easing of curbs Published 24 Jun, 2021 02:53pm
Markets Canadian dollar notches a 6-day high as Fed calms investors Canadian dollar strengthens 0.3% against the greenback. Touches a 6-day high at 1.2265. Canadian retail sales fell by 5.7% in April. Price of Brent crude rises above $75 a barrel. Published 23 Jun, 2021 07:16pm
Markets Brent crude’s premium to Dubai hits 21-month high SINGAPORE: Brent crude’s premium to Dubai quotes rose on Friday to the highest in 21 months on the back of ... Published 20 Jun, 2021 03:39am
Markets Oil falls amid dollar strength; demand picture still bullish Brent crude futures were down 52 cents, or 0.7%, at $72.56 a barrel. US West Texas Intermediate (WTI) crude futures were down 39 cents, or 0.6%, at $70.65 a barrel, after retreating 1.5% on Thursday and is also set to be flat on the week. Published 18 Jun, 2021 05:26pm
Markets Abu Dhabi, Saudi manage small gains DUBAI: Major Gulf markets ended lower on Tuesday, while Abu Dhabi and Saudi Arabia eked out marginal gains, as... Published 09 Jun, 2021 03:29am
Markets Oil rises on expectations Iranian supply won’t return soon NEW YORK: Oil prices settled on Tuesday at the highest in more than two years after the top US diplomat said that... Published 09 Jun, 2021 03:29am
Markets Oil drops again on doubts over demand rebound Restraint on supply by the Organization of the Petroleum Exporting Countries and allies has also helped buttress prices. Published 08 Jun, 2021 12:18pm
Markets Most Gulf markets track oil prices higher; Egypt falls Almarai rises after acquisition deal. Qatar up for third straight session. Saudi Arabia's benchmark stock index rose 0.6%, helped mostly by the financials and material sectors. Published 02 Jun, 2021 08:23pm
Markets Oil settles up after hitting 15-month highs on demand prospects • OPEC, allies agree to continue planned crude output increases NEW YORK: Oil prices settled higher on Tuesday,... Published 02 Jun, 2021 04:29am
Markets OPEC+ seen sticking with supply plan with Iran's oil yet to return OPEC+ panel meeting starts, full session set for 1230 GMT. Iran nuclear talks and supply return in focus. OPEC's Barkindo says Iran supply return to be orderly. Published 01 Jun, 2021 07:20pm
Markets Asian shares gain, dollar soft as Fed calms inflation fears Global benchmark Brent crude was up 5 cents at $68.70 and US crude fell 3 cents to $66.04 per barrel. Updated 26 May, 2021 11:11am
Markets Oil prices up over $1 amid potential Iran talks hitch Iran says IAEA access to nuclear sites images has ended. Brent prices to reach $80/bbl in 4Q 2021 - Goldman Sachs. Published 24 May, 2021 02:21pm
Markets Oil prices rise as storm forms in Gulf, doubts emerge on Iran deal NHC says 60% chance of cyclone over western Gulf of Mexico. Iran says IAEA access to nuclear sites images has ended. Published 24 May, 2021 09:06am
Markets Oil edges up but set for weekly fall on Iran crude talks Sultan Ahmed Al Jaber, chief executive of the Abu Dhabi National Oil Co, said on Thursday that oil demand has risen to 95 million bpd. Published 21 May, 2021 12:02pm
Markets Oil climbs on economic recovery hopes despite fresh Asian restrictions • US gasoline prices climb even as Colonial reopens after hack NEW YORK: Oil prices rose more than 1% on Monday,... Published 18 May, 2021 05:05am
Markets Oil prices set for weekly gain despite India virus surge NEW YORK: Oil prices were little changed on Friday as the COVID-19 crisis in India worsened but prices were set for ... Published 08 May, 2021 03:30am