Oil up on lower-than-expected rise in US crude stockpiles LONDON: Oil prices rose for a third day on Wednesday after U.S. crude inventories grew less than expected and a cut... Updated 07 Feb, 2024 05:59pm
Markets Oil gains as Gaza ceasefire talks in focus LONDON: Oil prices maintained upward momentum on Tuesday as investors awaited the result of top U.S. diplomat Antony... Updated 06 Feb, 2024 07:06pm
Markets Dollar scales fresh peaks as Fed cut bets recede SINGAPORE: The dollar rose to an eight-week high against its major peers on Monday as traders clawed back bets for... Published 05 Feb, 2024 10:02am
Markets Oil slips as rate cut caution overshadows Mideast strikes LONDON: Oil prices slipped again on Monday as a strong U.S. job report which capped sharp falls last week dampened... Updated 05 Feb, 2024 05:51pm
Markets Oil buoyed by US signals on interest rate cuts LONDON: Oil prices edged higher on Thursday, boosted by the U.S. Federal Reserve signalling a possible start to... Updated 01 Feb, 2024 05:31pm
Markets Oil dips on faltering China economy, US crude stock build Oil prices fell on Wednesday, pressured by low economic activity in leading crude importer China and a surprise... Updated 31 Jan, 2024 09:45pm
Markets Oil prices climb on geopolitical tensions NEW YORK: Oil prices rose on Tuesday as a higher global economic growth forecast and escalating tensions in the... Published 31 Jan, 2024 05:22am
Markets Oil dips in choppy trade amid China economic concerns, Middle East tensions LONDON: Oil prices dipped on Monday in choppy trade as China’s ailing property sector sparked demand worries, while... Updated 29 Jan, 2024 08:11pm
Markets Oil dips but remains on track for weekly gain on US, Chinese growth HOUSTON: Oil prices weakened slightly on Friday, but remain set for a second weekly gain as positive U.S. economic... Updated 26 Jan, 2024 10:55pm
Markets Oil perks up nearly 2pc on US crude stock draw NEW YORK: Oil prices rose on Thursday after data showed US crude stockpiles fell more than expected last week and a... Published 26 Jan, 2024 04:58am
Markets Oil perks up nearly 2% on US crude stock draw, Red Sea tensions LONDON: Oil prices rose on Thursday after data showed U.S. crude stockpiles fell more than expected last week and a... Updated 25 Jan, 2024 08:53pm
Markets Oil prices up on big US crude withdrawal NEW YORK: Oil prices edged up on Wednesday as a bigger-than-expected US crude storage withdrawal, Chinese economic... Published 25 Jan, 2024 04:23am
Markets Oil steadies near $80 as China announces stimulus LONDON: Oil steadied on Wednesday, with Brent trading near $80 a barrel, as a Chinese economic stimulus package and... Updated 24 Jan, 2024 04:46pm
Markets Oil eases slightly on mixed supply cues, geopolitical tensions LONDON: Oil prices eased slightly on Tuesday as traders weighed simmering geopolitical tensions in several regions... Updated 23 Jan, 2024 04:32pm
Markets Saudi Arabia’s November crude exports hit 5-month high Saudi Arabia’s crude oil exports in November climbed to their highest level in five months and marked a third... Published 22 Jan, 2024 06:32pm
Markets Oil creeps higher as geopolitics outweigh demand concerns LONDON: Oil prices edged higher on Monday as traders weighed the impact of wars in the Middle East and Ukraine on... Updated 22 Jan, 2024 10:41pm
Markets Oil prices drop slightly on China demand concerns NEW YORK: Oil prices settled slightly lower on Friday but recorded a weekly gain as Middle East tensions and... Published 21 Jan, 2024 03:10am
Markets Oil heads for weekly gain as Middle East tensions support LONDON: Oil was little changed on Friday and heading for a weekly gain, as Middle East tensions and oil output... Updated 19 Jan, 2024 05:19pm
Markets Oil falls as China’s economic recovery disappoints, dollar strengthens LONDON: Oil fell more than $1 on Wednesday as economic growth in China, the world’s second-largest crude user,... Updated 17 Jan, 2024 05:49pm
Markets Oil falls as investors focus on Middle East, interest rates HOUSTON: Oil prices edged lower on Tuesday as investors weighed the impact of tensions in the Middle East against a... Published 17 Jan, 2024 06:02am
Markets Oil drops more than 1% despite Middle East conflict LONDON: Oil prices lost more than 1% on Monday as the Middle East conflict’s limited impact on crude output prompted... Updated 15 Jan, 2024 08:39pm
Markets Citi lowers Brent price outlook for 2024 and 2025 on oversupply fears Citi Research on Friday lowered its Brent price forecasts for this year and 2025, citing oversupply concerns but... Published 12 Jan, 2024 12:30pm
Markets Oil rises 3% as some tankers avoid Red Sea after strikes US and UK strikes add to market concerns about the Israeli aggression in Gaza widening into a broader conflict in the Middle East affecting oil supplies from the region Updated 12 Jan, 2024 08:10pm
Markets Oil prices firm as Middle East tensions heat up LONDON: Oil prices rose on Thursday after Iran seized an oil tanker off the coast of Oman, raising the prospect of... Updated 11 Jan, 2024 08:56pm
Markets Oil rises as Middle East tensions offset economy concerns LONDON: Oil rose around 1% on Wednesday in a second day of gains as Middle East supply concerns arising from the... Updated 10 Jan, 2024 09:23pm
Markets Oil prices firm on Middle East crisis and Libya outage LONDON: Oil prices rose on Tuesday as the Middle East crisis and a Libyan supply outage reduced the previous day’s... Updated 09 Jan, 2024 09:29pm
Markets Oil falls over 3% as Saudi price cuts add to demand concerns NEW YORK: Oil prices fell by more than 3% on Monday on sharp price cuts by top exporter Saudi Arabia and a rise in... Updated 08 Jan, 2024 09:42pm
Markets Oil prices rise on Middle East tensions LONDON: Oil prices rose on Friday as U.S. Secretary of State Antony Blinken prepared to visit the Middle East in an... Updated 05 Jan, 2024 07:05pm
Markets Morgan Stanley sees lower oil prices in 2024 on oversupply concerns Morgan Stanley sees Brent crude prices anchored near $80 per barrel in the first half in 2024 before declining... Published 04 Jan, 2024 02:25pm
Markets Oil prices gain on supply concerns NEW YORK: Oil prices climbed about 3% on Wednesday after a disruption at Libya’s top oilfield added to fears that... Published 04 Jan, 2024 05:41am