Oil extends bull run as EU agrees to ban most Russian oil HOUSTON: Oil prices extended a bull run on Tuesday after the European Union agreed to a partial and phased ban on... Updated 31 May, 2022 09:28pm
Markets US oil targets $118.14 SINGAPORE: US oil may break a resistance at $116.04 per barrel, and rise to $118.14. The contract is riding on a... Published 30 May, 2022 11:42am
Markets Brent oil may test resistance at $120.34 SINGAPORE: Brent oil may test a resistance at $120.34 per barrel, a break above could lead to a gain to... Published 30 May, 2022 11:39am
Markets Oil above $120 a barrel as EU meets on Russia sanctions Oil prices climbed above $120 a barrel on Monday, hitting their highest in more than two months as traders priced in... Updated 30 May, 2022 09:42pm
Markets Oil prices increase supported by the prospect of a tight market HOUSTON: Oil prices rose on Friday, as signs of a tight market supported prices ahead of the U.S. Memorial Day... Updated 27 May, 2022 10:21pm
Markets Brent oil may rise to $120.34 SINGAPORE: Brent oil may break a resistance at $118.30 per barrel, and rise to $120.34. The contract is riding on a... Published 27 May, 2022 10:35am
Markets Oil jumps 3% to 2-month high as EU seeks to ban Russian crude NEW YORK: Oil prices rose about 3% to a two-month high on Thursday on signs of tight supply ahead of U.S. summer... Updated 26 May, 2022 10:18pm
Markets Brent oil may break support at $111.87 and fall more SINGAPORE: Brent oil may retest a support at $111.87 per barrel, with a good chance of breaking below this level and... Published 24 May, 2022 09:49am
Markets Oil rises as tight supply counters economy fears and China curbs LONDON: Oil edged higher on Tuesday, recovering earlier losses, as tight global supply and an expected pick-up in... Updated 24 May, 2022 07:12pm
Markets Brent oil poised to rise into $114.33-$115.69 range SINGAPORE: Brent oil is poised to break a resistance at $113.33 per barrel, and rise into $114.33-$115.69 range. Oil... Published 23 May, 2022 10:46am
Markets US oil may retest resistance at $114.14 SINGAPORE: US oil may retest a resistance at $114.14 per barrel, a break above which could lead to a gain to... Published 23 May, 2022 10:20am
Markets Oil dips as recession worries outweigh rising demand forecast HOUSTON: Oil prices edged slightly lower on Monday, as worries of a possible recession outweighed an outlook for... Updated 23 May, 2022 08:19pm
Markets Brent oil to extend gains into $113.33-$114.33 range SINGAPORE: Brent oil may extend gains into a range of $113.33 to $114.33 per barrel, as its uptrend from $101.30 may... Published 20 May, 2022 11:49am
Markets Oil steadies as economic growth worries counter supply risks NEW YORK: Oil prices steadied on Friday, setting them on course for little change on the week, as a planned European... Updated 20 May, 2022 09:22pm
Markets Brent oil may retest $107.79 after weak bounce SINGAPORE: Brent oil may retest a support at $107.79 per barrel, probably after a weak bounce towards $110.64. The... Published 19 May, 2022 10:34am
Markets Oil prices recoup losses on renewed supply worries, dollar weakness NEW YORK: Oil prices rebounded from earlier losses on Thursday as Chinese officials planned to ease restrictions in... Updated 19 May, 2022 09:38pm
Markets Brent oil may fall into $108.56-$110.27 range SINGAPORE: Brent oil may fall into a range of $108.56-$110.27 per barrel, following its failure to break a... Published 18 May, 2022 10:18am
Markets Oil falls 2% as US refiners ramp up output, equities retreat HOUSTON: Oil prices reversed course and fell over 2% on Wednesday after government data showed U.S. refiners ramped... Updated 18 May, 2022 09:47pm
Markets Oil rises to 7-week high on EU’s Russian oil ban effort, demand hopes NEW YORK: Oil prices rose to over $115 a barrel on Tuesday, their highest in about seven weeks, supported by the... Updated 17 May, 2022 09:38pm
Markets Brent oil may rise into $116.75-$119.27 range SINGAPORE: Brent oil may rise into a range of $116.75-$119.27 per barrel, as it has broken a resistance at... Published 17 May, 2022 11:25am
Markets Saudi expects 13 million bpd oil capacity by 2027: minister MANAMA: Saudi Arabia expects to ramp up its daily oil production capacity by more than one million barrels to exceed... Published 16 May, 2022 05:59pm
Markets Oil prices rise on China demand optimism, gasoline strength NEW YORK: Oil prices rose on Monday on optimism that China would see significant demand recovery after positive... Updated 16 May, 2022 10:36pm
Markets Brent oil may rise more into $110.76-$112.32 range SINGAPORE: Brent oil may rise more into a range of $110.76-$112.32 per barrel, as its consolidation within a wedge... Published 12 May, 2022 10:10am
Markets Oil slips more than 2% on fears recession may hit demand LONDON: Oil prices dropped more than 2% on Thursday in a volatile week as recession fears dogged global financial... Updated 12 May, 2022 03:35pm
Markets Brent oil may bounce moderately before falling SINGAPORE: Brent oil may bounce moderately to $104.17 before resuming its fall towards a range of $97.57 to $99.92... Published 11 May, 2022 10:20am
Markets Oil jumps as Russia gas flow to Europe falls, EU Russian oil ban looms LONDON: Oil jumped almost 5% on Wednesday after plunging nearly 10% in the last two sessions, buoyed by supply... Updated 11 May, 2022 08:18pm
Markets Brent oil may fall further to $101.65 SINGAPORE: Brent oil may fall further to $101.65 per barrel, as it has dropped below a rising channel. A duplicated... Published 10 May, 2022 10:44am
Markets Brent oil may fall into $106.21-$108.24 range SINGAPORE: Brent oil may fall into a range of $106.21 to $108.24 per barrel, as it failed a few times to break a... Published 09 May, 2022 10:41am
Markets Oil prices tumble, weighed down by China lockdowns NEW YORK: Oil prices sank 4% on Monday alongside equities, as continued coronavirus lockdowns in China, the top oil... Updated 09 May, 2022 08:58pm
Markets Oil rises 2%, set for another weekly rise on supply concerns HOUSTON: Oil prices climbed more than 2% on Friday and were set to rise for a second consecutive week, shrugging off... Updated 06 May, 2022 09:07pm