Oil prices rise 1% on flaring Middle East tensions Oil prices rose by around 1% on Tuesday, as investors weighed the impact of tensions in the Middle East. Brent crude... Updated 16 Jan, 2024 07:11pm
Business & Finance Petrol price cut by Rs8/litre ISLAMABAD: The interim government on Monday slashed the ex-depot price of petrol by Rs 8 per litre in a fortnightly... Published 16 Jan, 2024 05:44am
Markets Oil retreats on caution ahead of OPEC+ meeting SINGAPORE: Oil futures fell on Tuesday, reversing steep gains made in the past two sessions, as investors turned... Updated 21 Nov, 2023 03:19pm
Markets Oil rises on expectations of further OPEC+ supply cuts LONDON: Oil futures rose more than $1 on Monday, extending gains on the prospect of OPEC+ deepening supply cuts to... Updated 20 Nov, 2023 07:20pm
Markets Oil perks up after sharp week-long selloff on supply, demand concerns LONDON: Global oil benchmark Brent remained stuck below $80 a barrel on Friday, but recouped some losses a day after... Published 18 Nov, 2023 06:03am
Markets Oil perks up after sharp week-long selloff on supply, demand concerns LONDON: Oil prices edged higher on Friday, a day after sinking 5% to a four month-low on growing worries about... Updated 17 Nov, 2023 05:22pm
Business & Finance Oil prices hit 4-month low on concerns about US, Chinese economy NEW YORK: Oil prices dropped more than 5% on Thursday to their lowest in four months, as investors worried about... Published 17 Nov, 2023 06:06am
Markets Oil prices broadly stable amid flurry of weak economic data LONDON: Oil prices were broadly stable on Tuesday following the previous session’s dip after a flurry of economic... Updated 24 Oct, 2023 02:24pm
Business & Finance Mideast conflict: Oil investors rotate from WTI to Brent: Kemp LONDON: Portfolio investors tiptoed back into the petroleum market last week, after three weeks of heavy selling, as... Published 24 Oct, 2023 05:05am
Markets Brent oil may extend loss into $76.02-$76.76 range Brent oil may extend loss into a range of $76.02-$76.76 per barrel, driven by a wave C. This wave has travelled far... Published 27 Apr, 2023 09:28am
Markets Brent oil may test support at $80 Brent oil may test a support at $80 per barrel, a break below could open the way towards $79. A bounce from the... Published 26 Apr, 2023 10:12am
Markets Brent oil may test support at $81.73 Brent oil may test a support at $81.73 per barrel, a break below which could open the way towards $80-$80.51... Published 25 Apr, 2023 11:44am
Markets Oil dips $2 as economic uncertainty outweighs China optimism HOUSTON: Oil dropped by $2 a barrel on Tuesday after two sessions of gains as jitters about the global economic... Updated 25 Apr, 2023 09:37pm
Markets Russian oil slashes OPEC’s share of Indian market to 22-year low NEW DELHI: OPEC’s share of India’s oil imports fell at the fastest pace in 2022/23 to the lowest in at least 22... Published 24 Apr, 2023 11:50am
Markets Oil prices dip 2% as expected rate hikes take toll LONDON: Oil prices fell to their lowest level in about three weeks on Thursday, as a firmer dollar and rate hike... Updated 20 Apr, 2023 08:08pm
Markets Brent oil may fall into $81.07-$71.73 range Brent oil may fall into a range of $81.07-$71.73 per barrel, as suggested by a projection analysis. The contract has... Published 20 Apr, 2023 09:44am
Markets Brent oil may bounce into $85.59-$86.32 range before falling Brent oil may bounce into a range of $85.59-$86.32 per barrel, as it may have completed the first part of a... Published 19 Apr, 2023 10:16am
Markets Oil slides as interest rate expectations eclipse Chinese data LONDON: Oil prices dropped sharply on Wednesday as potential U.S. interest rate hikes that could slow growth and... Updated 19 Apr, 2023 08:29pm
Markets Brent oil may fall into $82.80-$83.66 range Brent oil may break a support of $84.52 per barrel and keep falling into $82.80-$83.66 range. The deep drop on... Published 18 Apr, 2023 10:26am
Markets Brent oil may retest support of $85.59 Brent oil may retest a support of $85.59 per barrel, with a good chance of breaking below this level and falling... Published 17 Apr, 2023 10:39am
Markets Oil drops over 1% on higher dollar, interest rate concerns NEW YORK: Oil prices turned lower on Monday as the U.S. dollar strengthened and as investors mulled over a possible... Updated 17 Apr, 2023 08:42pm
Markets Brent oil may test support of $85.59 Brent oil may test a support of $85.59 per barrel, with a good chance of breaking below this level and falling into... Published 14 Apr, 2023 10:12am
Markets Brent oil may extend gains into $88.39-$89.05 range Brent oil may extend gains into a range of $88.39-$89.05 per barrel, as it has cleared a resistance zone of... Published 13 Apr, 2023 10:15am
Markets Oil jumps on lower-than-expected US inflation data HOUSTON: Oil prices rose on Wednesday as cooling U.S. inflation data spurred hopes that the Federal Reserve is... Updated 12 Apr, 2023 09:45pm
Markets Brent oil biased to test support of $83.66 Brent oil is biased to test a support of $83.66 per barrel, a break below which could open the way towards... Published 11 Apr, 2023 10:08am
Markets Oil rises over 1% with US and China inflation in focus NEW YORK: Oil prices rose more than 1% on Tuesday with support from a weaker dollar and hopes that the Federal... Updated 11 Apr, 2023 08:30pm
BR Research Oil: Saudis show strength No one saw it coming. Not even the most bullish of observers. What Opec plus alliance threw last week is well and... Published 11 Apr, 2023 08:55am
Markets Brent oil remains neutral in $84-$85.59 range Brent oil remains neutral in a range of $84 to $85.59 per barrel, and an escape could suggest a direction. A... Published 10 Apr, 2023 10:25am
Markets Brent oil neutral in $84-$85.59 range Brent oil looks neutral in a range of $84 to $85.59 per barrel, and an escape could suggest a direction. A triangle... Published 06 Apr, 2023 10:04am
Markets India-China competition, OPEC cuts nudge Urals above price cap MOSCOW/SINGAPORE: Russian Urals oil broke through the $60 per barrel price cap on Wednesday, boosted by strength in... Published 05 Apr, 2023 08:08pm