Oil rises on expectations of Fed rate cut Published 05 Dec, 2025 07:40am HOUSTON: Oil prices rose on Thursday on investors’ expectations for the Federal Reserve to cut interest rates,...
Saudi crude oil supply to China set to surge in October, trade sources say Published 11 Sep, 2025 04:58pm SINGAPORE: Saudi Arabia’s crude oil exports to China are set to surge in October after a deep cut in prices, several...
Bearish clouds gather over crude oil Published 08 Sep, 2025 05:59am Brent crude has slid to $66 a barrel — the weakest since May — and the mood in oil markets has turned distinctly...
OPEC expects slower 2025 oil supply growth from rivals after price drop Published 14 May, 2025 05:38pm LONDON: OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other producers...
Crude oil climbs more than $1 on tariff cuts Published 14 May, 2025 05:56am HOUSTON: Crude oil futures climbed more than $1 a barrel on Tuesday, lifted by a temporary cut in US-China tariffs...
Oil falls 3% as investors reassess Trump’s tariff flip Updated 10 Apr, 2025 09:59pm Oil prices fell more than $2 per barrel on Thursday, wiping away the prior session’s rally, as investors reassessed...
Oil prices plummet on China’s retaliation against US tariffs Updated 09 Apr, 2025 09:54pm NEW YORK: Oil prices slipped on Wednesday, hitting fresh four-year lows before recovering some ground, after China...
Oil’s crude awakening Published 09 Apr, 2025 08:50am The recent ‘Liberation Day’ proclamation from Washington may have sounded like a campaign rallying cry, but in...
Oil prices slide 2pc to nearly 4-year low Published 08 Apr, 2025 05:40am NEW YORK: Oil prices slid 2% to a nearly four-year low on Monday on worries US President Donald Trump’s latest trade...
Crude oil’s demand woes shown by softer Q1 Asia imports: Russell Published 07 Apr, 2025 10:37am LAUNCESTON: Crude oil prices are tumbling in the wake of US President Donald Trump’s upending of global trade. But...
Govt urged to reduce oil prices in line with global trends Published 06 Apr, 2025 05:44am KARACHI: Zubair Tufail, President of the United Business Group (UBG), has urged the government to significantly...
Oil to snap three-week losing streak as trade war fears ease Updated 14 Feb, 2025 07:58pm LONDON: Oil prices rose on Friday and were poised to end three weeks of decline, buoyed by rising fuel demand and...
Oil climbs $2/barrel Published 24 Aug, 2024 06:23am HOUSTON: US light crude oil gained more than $2 a barrel on Friday after comments by US Federal Reserve Chair Jerome...
Oil prices fall more than 1% on China worries Updated 16 Aug, 2024 05:12pm Oil prices fell by more than $1 on Friday, with Brent slipping below $80 a barrel after a string of dismal...
Oil rises nearly 2pc Published 16 Aug, 2024 06:56am NEW YORK: Oil prices gained more than $1 a barrel on Thursday after US economic data allayed fears of recession in...
OPEC sticks to oil demand view, shifts key forecast to OPEC+ Published 14 May, 2024 05:54pm LONDON: OPEC stuck to its forecast for strong growth in global oil demand in 2024 on Tuesday and said it would...
Brent hovers above $83 as inflation data takes centre stage Updated 13 May, 2024 06:30pm LONDON: Oil prices edged higher on Monday after losing about $1 a barrel in the previous session on signs that U.S....
Iraq hopes oil reserves will exceed 160bn barrels: minister Published 11 May, 2024 06:34pm BAGHDAD: Iraq, one of the world’s biggest oil producers, aims to boost its crude reserves to more than 160 billion...
Oil benchmark Brent above $84 on perky US, China demand signals Updated 10 May, 2024 11:57pm LONDON: Global benchmark Brent hovered above $84 a barrel on Friday after data this week signalled growing demand in...
OGDC – A weaker 3Q Published 10 May, 2024 08:59am The largest E&P in the country announced its financial performance for 3QFY24 recently where earnings were seen...
Oil slides as easing supply concerns overshadow ME tensions Published 08 May, 2024 07:33am NEW YORK: Oil prices steadied on Tuesday as easing supply concerns and signs of weakening demand countered fears of...
Oil falls 3%, extends losses after US inflation data Updated 12 Dec, 2023 09:03pm LONDON: Oil fell 3% on Tuesday, with Brent crude hitting the lowest since June after U.S. consumer prices rose in...
Mixed economic trends Published 12 Dec, 2023 05:28am The first five months of 2023-24 have witnessed upturns and downturns both globally and within Pakistan. There was...
Oil prices - a rally coming soon? Published 13 Jul, 2023 08:09am The global crude oil price had been stuck near $75 since May this year. After resisting the prevailing pessimism for...
Oil drops 1% as market frets about risk of US rate hike Updated 06 Jul, 2023 09:01pm NEW YORK: Oil prices fell over 1% on Thursday as the market digested the higher likelihood of a U.S. interest rate...
Oil prices rise ahead of US holiday demand indicators Published 06 Jul, 2023 05:42am BENGALURU: US crude oil gained 3% on Wednesday, narrowing the price gap with global benchmark Brent in a ...
Oil rises after Russia says it could cut output due to price cap Updated 23 Dec, 2022 09:20pm NEW YORK: Oil prices rose by $2 per barrel on Friday after Moscow said it could cut crude output in response to the...
US oil may retest support at $77.16 Published 23 Dec, 2022 10:51am SINGAPORE: U.S. oil may retest a support at $77.16 per barrel, a break below which could open the way towards...
Oil steadies as rate hike fears counter tighter US stockpiles Published 23 Dec, 2022 05:54am NEW YORK: Oil steadied on Thursday after hitting its highest price in two and a half weeks as the impact of tighter...
Saudi crude exports surge to 29-month high in September Published 17 Nov, 2022 08:08pm Saudi Arabia’s crude oil exports rose for a fourth straight month in September to the highest in 29 months, data...