Oil steadies as OPEC+ restraint balances interest rate concerns LONDON: Global oil prices steadied on Tuesday as the prospect of OPEC+ maintaining oil supply curbs at its June 2... Updated 28 May, 2024 04:38pm
Markets Iran raises June crude prices to Asia SINGAPORE: Iran has set the official selling price (OSP) of its Iranian Light crude oil grade for Asian buyers at... Published 27 May, 2024 09:45am
Markets Oil rises ahead of inflation data after downbeat week HOUSTON: Oil prices rose by more than $1 per barrel in muted trade owing to public holidays in Britain and the... Updated 27 May, 2024 10:06pm
Markets Oil creeps back up after three days of losses LONDON: Oil prices crept up on Thursday, clawing back some of the previous three days’ losses despite the U.S.... Updated 23 May, 2024 05:04pm
Markets Oil slips for third day on prospect of US rates staying high NEW YORK: Oil prices fell nearly 1% on Wednesday, retreating for a third straight day on expectations that US... Published 23 May, 2024 05:16am
Markets Oil falls 1% as sticky US inflation weighs on demand at the pump HOUSTON: Oil prices fell more than 1% on Tuesday as lingering U.S. inflation was poised to keep interest rates... Updated 21 May, 2024 09:30pm
Markets Oil steadies after death of Iran’s president, Saudi king’s ill health LONDON: Oil prices held steady on Monday amid political uncertainty in major producing countries after Iran’s... Updated 20 May, 2024 05:37pm
Markets Oil prices gain on hopes of demand NEW YORK: Oil prices settled about 1% higher on Friday, with global benchmark Brent crude recording its first weekly... Published 19 May, 2024 03:00am
Markets Oil rebounds, gains 1% after US crude draw, lukewarm inflation data NEW YORK: Oil prices rose nearly 1% on Wednesday from a two-month low in the prior session as the market balanced... Updated 16 May, 2024 12:34am
Markets OPEC sticks to oil demand view, shifts key forecast to OPEC+ LONDON: OPEC stuck to its forecast for strong growth in global oil demand in 2024 on Tuesday and said it would... Published 14 May, 2024 05:54pm
Markets Oil dips as US data suggests inflation stickier than expected LONDON: Oil prices edged lower on Tuesday, after US data suggested inflation remains sticky, while OPEC maintained... Updated 14 May, 2024 07:47pm
Markets Oil holds near one-week high on rising demand hopes after China, US data NEW YORK: Oil prices held near a one-week high on Thursday as data from China and the U.S. that signalled demand in... Updated 09 May, 2024 11:12pm
Markets Oil climbs as Gaza tensions rise, Saudi Arabia hikes prices LONDON: Oil futures climbed on Monday after Saudi Arabia hiked June crude prices for most regions and as the... Updated 06 May, 2024 04:50pm
Markets Oil prices set for steepest weekly drop in 3 months LONDON: Oil prices edged higher on Friday yet remained on course for their steepest weekly loss in three months... Updated 03 May, 2024 05:37pm
Markets Oil slides to 7-week low NEW YORK: Oil prices fell to a seven-week low for the second consecutive session on Thursday, weighed by weakening... Published 03 May, 2024 06:29am
Markets Oil falls to 7-week low on surprise build in US storage, Middle East ceasefire hopes US Energy Information Administration says energy firms added surprise 7.3 million barrels of crude into stockpiles during week ended April 26 Updated 01 May, 2024 08:36pm
Markets Oil edges higher as investors eye Mideast talks, rates meeting LONDON: Oil edged up on Tuesday a day after falling as Israel-Hamas talks offered hopes of a ceasefire even as Red... Updated 30 Apr, 2024 05:53pm
Markets Oil down on Israel-Hamas peace talks NEW YORK: Oil prices fell by more than $1 a barrel on Monday as Israel-Hamas ceasefire talks in Cairo tempered fears... Published 30 Apr, 2024 03:43am
Markets Oil prices advance on tighter supply outlook LONDON: Oil prices firmed on Thursday, following two consecutive sessions of decline, as investors saw a tighter... Updated 28 Mar, 2024 05:41pm
Markets Oil falls for second day as US crude inventories surge LONDON: Oil prices fell for a second day on Wednesday on surging U.S. stockpiles and signs the OPEC+ producer group... Updated 27 Mar, 2024 06:33pm
Markets Oil steadies as markets weigh Russian supply woes NEW YORK: Oil prices were little changed on Tuesday as investors took a more mixed view toward the loss of Russian... Published 27 Mar, 2024 04:38am
Markets Oil steadies as markets weigh Russian supply woes LONDON: Oil prices were little changed on Tuesday as investors took a more mixed view toward the loss of Russian... Updated 26 Mar, 2024 07:51pm
Markets Malaysian palm oil futures climb JAKARTA: Malaysian palm oil futures rose on Monday, snapping two straight sessions of losses, underpinned by strong... Published 26 Mar, 2024 04:20am
Markets Oil up on supply concerns as Russia orders output cuts HOUSTON: Oil prices rose on Monday as the Russian government ordered producers to curb output as hostilities between... Updated 25 Mar, 2024 09:55pm
Markets Oil prices down on Gaza ceasefire talks NEW YORK: Oil prices slipped on Friday and were flat on the week as the possibility of a ceasefire in Gaza weakened... Published 24 Mar, 2024 03:02am
Markets Oil steady as Gaza ceasefire talks gain traction LONDON: Oil prices were little changed on Friday, with global benchmark Brent hovering above $85 per barrel, as the... Updated 22 Mar, 2024 04:31pm
Markets Oil retreats from multi-month highs ahead of Fed decision LONDON: Oil prices edged lower on Wednesday after hitting multi-month highs in the previous session, as investors... Updated 20 Mar, 2024 04:48pm
Markets Oil rises to multi-month highs on Russian supply concerns NEW YORK: Oil prices rose to multi-month highs for the second straight session on Tuesday, as traders assessed how... Published 20 Mar, 2024 03:00am
Markets Oil prices rise as revised IEA outlook suggests tighter market HOUSTON: Oil prices rose on Thursday as the International Energy Agency’s predicted a tighter market in 2024 and... Published 15 Mar, 2024 04:14am
Markets Oil rises on Russian refinery attacks, signs of strong demand LONDON: Oil rose on Wednesday, supported by potential supply disruption after Ukrainian attacks on Russian... Updated 13 Mar, 2024 05:32pm
