Oil steadies near $110/bbl; strong dollar offsets supply worry NEW YORK: Oil prices steadied on Thursday, under pressure from a stronger dollar and a drop in global stock markets... Published 06 May, 2022 05:03am
Markets Oil falls on China growth worries as EU weighs Russian crude ban LONDON: Oil prices fell on Monday as concerns over weak economic growth in China, the world's top oil importer,... Updated 02 May, 2022 08:24pm
Markets Oil extends gains as supply fears outweigh China lockdowns LONDON: Oil prices rose for a fourth day on Friday as fears over Russian supply disruption trumped COVID-19... Updated 29 Apr, 2022 03:03pm
Markets Brent oil may fall into $99.92-$101.65 range SINGAPORE: Brent oil may fall into a zone of $99.92-$101.65 per barrel, as its downtrend from $114.84 has resumed.... Published 25 Apr, 2022 11:41am
Markets Oil slides as Shanghai lockdowns stoke demand fears LONDON: Oil slumped almost 6% to its lowest in almost two weeks on Monday, extending last week's decline as concern... Updated 25 Apr, 2022 08:03pm
Markets Oil slumps 5% after IMF cuts economic growth outlook HOUSTON: Oil prices tumbled 5% in volatile trading on Tuesday on demand concerns after the International Monetary... Updated 19 Apr, 2022 09:55pm
Markets Oil prices fall as market weighs mixed supply signals LONDON: Oil prices slipped on Thursday in thin trade ahead of a public holiday, as traders weighed a... Updated 14 Apr, 2022 02:51pm
Markets Brent oil neutral in $98.44-$103.09 range SINGAPORE: Brent oil looks neutral in a range $98.44-$103.09 per barrel, and an escape could suggest a... Published 11 Apr, 2022 11:48am
Markets Oil drops below $100 on reserves release and China lockdowns LONDON: Oil prices dropped by $4 a barrel on Monday, with Brent crude tumbling below $100 on plans to release record... Updated 11 Apr, 2022 05:04pm
Markets Brent oil may retest support at $98.44 SINGAPORE: Brent oil may retest a support at $98.44 per barrel, a break below could cause a fall into the range of... Published 08 Apr, 2022 10:59am
Markets Oil prices rise but set for 3% weekly fall on stockpile release MELBOURNE/BEIJING: Oil prices rose on Friday but were set to drop around 3% for the week as consuming countries'... Updated 08 Apr, 2022 02:07pm
Markets Brent oil may retest support at $100.33 SINGAPORE: Brent oil may retest a support at $100.33 per barrel, a break below could cause a fall into the range of... Published 07 Apr, 2022 10:21am
Markets Brent oil neutral in $103.09-$107.55 range SINGAPORE: Brent oil looks neutral in a range of $103.09-$107.55 per barrel, and an escape could suggest a ... Published 06 Apr, 2022 10:44am
Markets Oil slips as IEA nations ready big release from reserves LONDON/NEW YORK: Oil futures edged lower on Wednesday following a surprising rise in U.S. crude stocks and after ... Updated 06 Apr, 2022 09:45pm
Markets Brent oil may gain more to $113.05 SINGAPORE: Brent oil may gain more to $113.05, as it has broken a resistance at $106.89 per barrel. The next... Published 05 Apr, 2022 11:50am
Markets Oil steadies as coronavirus worries offset more Russia sanctions NEW YORK: Oil prices steadied in volatile trade on Tuesday as growing worries about coronavirus demand destruction... Updated 05 Apr, 2022 09:02pm
Markets US oil may fall into $94.85-$97.50 range SINGAPORE: US oil may break a support at $99.65 per barrel and fall into $94.85-$97.50 range. The support is... Published 01 Apr, 2022 10:21am
Markets Oil slides on concerns of weaker Chinese demand LONDON: Oil prices tumbled more than $9 on Monday as fears grew over weaker fuel demand in China after financial hub... Updated 28 Mar, 2022 08:05pm
Markets Oil prices up, rebound after Aramco oil facility attacked HOUSTON: Oil prices rose on Friday, rebounding from early losses as traders rushed to buy after a missile attack hit... Updated 25 Mar, 2022 10:26pm
Markets Oil prices, stock markets steady after recent volatility LONDON: Oil prices and stock markets steadied Thursday, as Western leaders gathered for emergency summits in... Published 24 Mar, 2022 06:03pm
Markets Oil prices steady as Western leaders meet over Ukraine crisis LONDON: Oil prices were steady on Thursday as the U.S. president met other Western leaders and investors waited to... Updated 24 Mar, 2022 06:27pm
Markets Oil rises towards $116 as EU weighs Russian ban LONDON: Oil rose towards $116 a barrel on Tuesday, adding to a 7% surge the previous day, supported by supply risks... Updated 22 Mar, 2022 06:22pm
Markets US oil may test resistance at $116.38 SINGAPORE: US oil may test a resistance at $116.38 per barrel, a break above could lead to a gain at $121.78. This... Published 22 Mar, 2022 09:48am
Markets Brent oil may revisit March 7 high of $139.13 in Q2 SINGAPORE: Brent oil may revisit its March 7 high of $139.13 per barrel next quarter, driven by a wave (C). The... Published 21 Mar, 2022 02:04pm
Markets Oil prices up more than $4 as EU considers Russian oil ban LONDON: Oil prices jumped by more than $4 on Monday, with Brent crude climbing above $111 a barrel, as European ... Updated 21 Mar, 2022 07:05pm
Markets Oil prices headed for weekly loss, but stay well above $100/bbl LONDON: Oil prices were set for a second straight weekly loss, but found a floor above $100 a barrel on Friday after... Updated 18 Mar, 2022 07:04pm
Markets Brent oil may fall to $92.97 SINGAPORE: Brent oil may fall to $92.97 per barrel, as it has resumed its downtrend. The resumption was confirmed by... Published 17 Mar, 2022 09:52am
Markets Oil surges 7% amid warnings of Russian supply shortages LONDON: Oil prices climbed over 7% on Thursday after the International Energy Agency (IEA) said three million ... Updated 17 Mar, 2022 09:17pm
Markets Brent oil may bounce into $103.02-$105.39 range SINGAPORE: Brent oil may bounce into a range of $103.02-$105.39 per barrel, as it is stabilizing around a support at... Published 16 Mar, 2022 10:07am
Markets Oil plunges over 6pc on easing supply concerns, China Covid cases NEW YORK: Oil prices tumbled more than 6% to their lowest in almost three weeks on Tuesday as supply disruption ... Published 16 Mar, 2022 05:40am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?