Oil steadies as Iran-Israel conflict enters sixth day LONDON: Oil prices steadied on Wednesday, after a gain of 4% in the previous session, as markets weighed up the... Updated 18 Jun, 2025 05:23pm
BR Research Geopolitics ignite oil prices once again Crude oil prices remain volatile, navigating between tightening supply concerns and weakening demand signals. Brent... Updated 18 Jun, 2025 08:43am
Markets Russian Urals oil to India sells at narrowest discounts since 2022, traders say MOSCOW/NEW DELHI: Discounts for Russian flagship Urals crude oil for delivery to Indian ports in July hit their... Published 06 Jun, 2025 04:39pm
Markets US crude stockpiles fall, fuel builds as refiners hike output, EIA says NEW YORK: U.S. crude oil stockpiles fell last week as oil refiners ramped up production with the start of the summer... Published 04 Jun, 2025 08:56pm
BR Research Oil: War, wildfires and weak demand Crude oil prices are once again caught between two conflicting narratives—tightening supply risks and weakening... Published 04 Jun, 2025 03:03am
Markets Oil drops 3% on expectations for US-Iran nuclear deal LONDON: Oil prices slipped on Thursday on expectations for a U.S.-Iran nuclear deal that could result in sanctions... Updated 15 May, 2025 09:19pm
Opinion Oil and gas sector tax proposals for Federal Budget 2025-26 The upcoming Federal Budget 2025-26 of the country is arriving in a scenario when world is reeling from the shocks ... Updated 15 May, 2025 08:00am
Markets OPEC+ countries to open the oil taps despite price slump VIENNA: Eight OPEC+ member countries on Saturday announced a sharp increase in oil production for the month of June... Updated 03 May, 2025 07:02pm
Markets Oil falls as traders weigh potential US-China trade talks LONDON: Oil prices fell on Friday as traders squared positions ahead of an OPEC+ meeting and amid some caution about... Updated 02 May, 2025 06:52pm
Markets Oil prices little changed HOUSTON: Oil held steady on Thursday after strong earnings from Meta and Microsoft supported US equities and... Published 02 May, 2025 06:12am
Markets Crude oil prices drop on demand fears HOUSTON: Crude oil prices fell more than $1 a barrel on Monday morning as demand fears arising from the trade war... Published 29 Apr, 2025 03:07am
Markets Oil falls as halt to Houthi shipping attacks expected HOUSTON: Oil prices slipped on Thursday with Yemen’s Houthi militia expected to halt attacks on ships in the Red... Updated 16 Jan, 2025 09:37pm
BR Research Petroleum sales roundup Pakistan’s Oil Marketing Companies (OMCs) recorded a 4 percent year-on-year growth in total volumes for the first... Published 16 Jan, 2025 07:34am
Markets Oil falls as swelling US supply counters Middle East and hurricane risks NEW YORK: Oil fell by more than $1 a barrel on Wednesday on rising U.S. crude inventories, while the risk of supply... Updated 09 Oct, 2024 09:40pm
BR Research Oil prices: War premium is back As the world holds its breath over Israel’s response to Iran’s missile attack earlier this month, the global oil... Updated 09 Oct, 2024 12:58pm
Markets European shares rise PARIS: European shares inched higher on Friday, supported by regional energy stocks after crude oil prices climbed ... Published 05 Oct, 2024 06:43am
Markets Oil recovers on worries about Hurricane Francine HOUSTON: Oil rebounded on worries about the impending impact of Hurricane Francine to crude oil production in the... Updated 11 Sep, 2024 09:42pm
BR Research Oil bears are back with a bang As crude oil prices hover around the $68 mark (lowest in over a year), the oil market stands poised for a pivotal... Published 11 Sep, 2024 09:12am
Markets OPEC again lowers 2024, 2025 global oil demand growth view LONDON: OPEC on Tuesday cut its forecast for global oil demand growth in 2024 reflecting data received so far this... Published 10 Sep, 2024 07:05pm
Business & Finance Eight OPEC+ members extend oil supply cuts until end of Nov VIENNA: Eight members of the OPEC+ group of oil-producing nations agreed Thursday to extend their voluntary supply... Published 06 Sep, 2024 07:04am
BR Research Petroleum prices: Big revenue gap looms The petroleum product prices have continued on a downward trend, with motor gasoline retail price now 8 percent... Published 05 Sep, 2024 08:03am
Markets Oil slips after surge on Libyan outages and Middle East risk LONDON: Oil prices slipped slightly on Tuesday after rebounding more than 7% over the previous three sessions on... Updated 27 Aug, 2024 04:37pm
Markets Oil climbs 3pc as Libya output cuts further supply concerns HOUSTON: Oil prices settled 3% higher on Monday as production cuts in Libya added to supply concerns stemming from... Published 27 Aug, 2024 06:44am
Markets Oil falls 2pc to end volatile week NEW YORK: Oil prices settled down nearly 2% on Friday, little changed on the week with Brent crude below $80 a... Published 17 Aug, 2024 06:12am
Markets China Jan-Feb crude imports rise on strong holiday travel demand BEIJING: China’s imports of crude oil rose 5.1% in the first two months of 2024 from a year earlier, data showed on... Published 07 Mar, 2024 09:46am
Markets Saudi Arabia may keep April crude prices to Asia little changed SINGAPORE: Top oil exporter Saudi Arabia may keep term prices of crude it sells to Asian customers little changed in... Published 01 Mar, 2024 10:39am
Markets Oil prices firm NEW YORK: Brent crude oil prices were little changed on Monday, with lingering supply concerns from tensions in the... Published 20 Feb, 2024 03:09am
BR Research Oil prices: Resilient in tough times The Red Sea remains a battle zone. Vessels are rerouting despite a heavy presence of naval fleets to counter the... Published 24 Jan, 2024 07:46am
BR Research Will oil fare better in 2024? From Russia and Ukraine still engaged in war, to Israel’s onslaught in Gaza, from big shipping companies refusing to... Published 01 Jan, 2024 07:21am
Markets Asian FX higher MUMBAI: The Indian rupee is expected to open marginally higher on Friday, tracking an uptick in Asian peers on bets... Published 01 Jan, 2024 05:40am