Oil falls on China Covid curbs and weak factory data LONDON: Oil prices fell on Monday after weaker than expected factory activity data out of China and on concerns that... Published 01 Nov, 2022 05:55am
Markets Oil falls as China widens COVID curbs; still set for weekly gain SINGAPORE: Oil prices fell on Friday after China, the world’s top crude oil importer, widened its COVID-19 curbs,... Updated 28 Oct, 2022 02:21pm
Markets Oil rises on strong crude demand, easing recession fears NEW YORK: Oil rose more than $1 a barrel on Thursday, extending the previous day’s rally of nearly 3%, as optimism... Published 28 Oct, 2022 05:58am
Markets Oil jumps 3pc on record high US crude exports NEW YORK: Oil prices surged about 3% on Wednesday, bolstered by record US crude exports and as the nation’s... Published 27 Oct, 2022 05:54am
Markets Oil rises on China possibly easing Covid curbs NEW YORK: Oil prices rose by more than 1% on Thursday on news China is considering easing Covid-19 quarantine... Published 21 Oct, 2022 05:57am
Markets Oil steady as recession woes counter positive Chinese signals HOUSTON: Oil prices held steady on Monday in choppy trading as fears that high inflation and energy costs could drag... Published 20 Oct, 2022 05:36am
Markets Oil prices fall more than 3% on U.S. supply, lower China demand Oil prices fell by more than 3% in volatile trade on Tuesday on fears of higher U.S. supply amid an economic... Updated 18 Oct, 2022 10:38pm
Markets Oil steady as positive Chinese signals counter recession fears HOUSTON: Oil prices held steady on Monday in choppy trading as China’s continuation of loose monetary policy ... Published 18 Oct, 2022 06:02am
Markets Oil prices rise on low diesel stocks ahead of winter HOUSTON: Oil prices traded about $1 higher on Thursday, reversing course as low levels of diesel inventory ahead of... Updated 13 Oct, 2022 09:07pm
Markets Oil down on strong dollar, worries about recession, hawkish Fed talk NEW YORK: Oil futures fell for a third day on Wednesday, as a stronger dollar and worries about weaker demand and... Published 13 Oct, 2022 05:59am
Markets Oil prices jump $3/bbl ahead of OPEC+ meeting to discuss supply cuts NEW YORK: Oil prices rose by about $3 a barrel on Tuesday on expectations of a large cut in crude output from the... Updated 04 Oct, 2022 09:14pm
Markets Oil jumps more than $3 as OPEC+ weighs biggest output cut since 2020 HOUSTON: Oil prices jumped more than $3 a barrel on Monday as OPEC+ considered reducing output by more than 1 ... Published 04 Oct, 2022 05:55am
Markets Oil prices rise on surprise drop in US crude, fuel stocks NEW YORK: Oil prices rose on Wednesday following unexpected drawdowns in US crude and fuel stocks, outweighing... Updated 28 Sep, 2022 08:44pm
Markets Oil up $2 a barrel from multi-month low on US Gulf supply cuts, softer dollar NEW YORK: Oil rose by $2 a barrel on Tuesday from a nine-month low a day earlier, supported by supply curbs in the ... Published 28 Sep, 2022 05:51am
Markets Oil plunges on strong dollar NEW YORK: Oil prices plunged about 5% to an eight-month low on Friday as the US dollar hit its strongest level in... Published 26 Sep, 2022 06:07am
Markets Oil plunges to eight-month low on strong dollar, recession fears NEW YORK: Oil prices plunged about 5% to an eight-month low on Friday as the U.S. dollar hit its strongest level in... Updated 23 Sep, 2022 07:58pm
Markets Oil rises on Russian supply concerns NEW YORK: Oil rose on Thursday in volatile trading focused on Russian oil supply concerns and as the Bank of England... Published 23 Sep, 2022 05:50am
Markets Oil gives up gains as soaring US dollar offsets Putin’s troop mobilization NEW YORK: Oil prices gave up early gains on Wednesday as a soaring dollar and global recession fears offset worries... Updated 21 Sep, 2022 08:03pm
Markets Oil prices drop in advance of expected Fed rate hike NEW YORK: Oil prices dipped on Tuesday, following other risk assets lower, as the dollar stayed strong and investors... Updated 20 Sep, 2022 10:25pm
Markets Oil prices up slightly after Basra spill NEW YORK: Oil prices rose slightly on Friday as a spill at Iraq’s Basra terminal appeared likely to constrain ... Published 18 Sep, 2022 06:05am
Markets Oil slumps 3pc on US rail agreement, demand concerns NEW YORK: Oil futures fell about 3% to a one-week low on Thursday on a tentative agreement that would avert a US ... Published 16 Sep, 2022 06:04am
Markets Oil rises 2% on supply concerns, expectations for fuel switching NEW YORK: Oil rose about 2% on Wednesday, rebounding from the previous day’s lows, as an international energy... Updated 14 Sep, 2022 09:18pm
Markets Oil prices rise on supply threats NEW YORK: Oil prices rose about 4% on Friday, supported by real and threatened cuts to supply, although futures... Published 11 Sep, 2022 03:51am
Markets Oil prices slump again, hit by demand concerns NEW YORK: Oil prices extended their slide on Wednesday, led lower by worries that the global economy would slow... Published 01 Sep, 2022 05:50am
Markets Oil jumps $3/bbl on possible OPEC+ tightening as Iran deal looms NEW YORK: Oil prices jumped about $3 a barrel on Tuesday after Saudi Arabia floated the idea of OPEC+ output cuts to... Published 24 Aug, 2022 05:08am
Markets Oil jumps above $3/bbl on possible OPEC+ supply tightening NEW YORK: Oil prices soared more than $3 a barrel on Tuesday after Saudi Arabia floated the idea of OPEC+ output... Updated 23 Aug, 2022 08:41pm
Markets Oil falls 2pc on fears a slowing economy may dent fuel demand HOUSTON: Oil prices fell 2% in volatile trading on Monday, ending a three-day streak of gains, on fears that... Published 23 Aug, 2022 05:56am
Markets Saudi says OPEC+ can confront market challenges, including by cutting output Saudi Arabia’s Energy Minister said OPEC+ has the means and flexibility to deal with challenges, including by... Published 22 Aug, 2022 10:30pm
Markets Russia is China’s top oil supplier for 3rd month in July Russia held its spot as China’s top oil supplier for a third month in July, data showed on Saturday, as independent... Published 20 Aug, 2022 11:13am
Markets China’s July marine fuel exports up 13.22% from June China’s exports of very-low-sulphur marine fuel rebounded 13.22% in July versus June as the country’s merchandise... Published 20 Aug, 2022 10:22am