Oil prices rise ahead of U.S. holiday demand indicators BENGALURU: U.S. crude oil gained 3% on Wednesday, narrowing the price gap with global benchmark Brent in a... Updated 05 Jul, 2023 09:18pm
Markets Oil up as market weighs supply cuts against gloomy economic outlook LONDON: Oil prices ticked higher on Tuesday as markets weighed supply cuts for August by top exporters Saudi Arabia... Updated 04 Jul, 2023 05:54pm
Markets Oil prices fall on concerns of slow fuel demand, weak China data TOKYO: Oil prices fell on Thursday, paring some of the previous day’s gains, as investors took profits on concerns... Updated 29 Jun, 2023 03:22pm
Markets Oil slumps with interest rate hikes and inventories in focus LONDON: Oil futures fell on Thursday, with trader concern over the impact of a bigger-than-expected Bank of England... Updated 22 Jun, 2023 06:51pm
Markets Saudi crude exports hit five-month low in April Saudi Arabia’s crude oil exports slipped in April to a five-month low, data from the Joint Organizations Data... Published 19 Jun, 2023 05:23pm
Markets Oil prices fall, US Fed rate decision in focus LONDON: Oil prices fell on Monday ahead of a U.S. Federal Reserve meeting as investors tried to gauge its appetite... Updated 12 Jun, 2023 05:50pm
BR Research Petroleum Levy: Achievable like never before While the federal budget FY24 may well be more of a wish-list, the government seems to have got the expectations... Published 12 Jun, 2023 08:36am
Markets Oil prices higher as Saudi output cuts overshadow weak signals HOUSTON: Oil prices climbed over 1% on Wednesday as Saudi Arabia’s surprise weekend pledge to deepen output cuts... Published 08 Jun, 2023 06:30am
Business & Finance Oil prices fall on stronger dollar, demand fears NEW YORK: Oil prices fell on Friday and were set to end the week lower for the third straight week, as the market... Published 13 May, 2023 05:59am
Markets Oil falls on surprise increase in US inventories LONDON: Oil prices fell on Wednesday, ending a three-day rally as an unexpected rise in U.S. oil inventories sparked... Updated 10 May, 2023 07:05pm
Markets Oil extends losses ahead of expected interest rate hikes LONDON: Oil prices extended losses on Wednesday after plunging 5% in the previous session, as investors fretted... Updated 03 May, 2023 02:34pm
BR Research OGDC – highest every quarterly earnings! The oil and gas exploration and production sector has been enjoying high crude oil prices that have kept the... Published 03 May, 2023 08:46am
Business & Finance G7 coalition to keep Russian oil price cap at $60 per barrel WASHINGTON: The Group of Seven (G7) coalition will keep a $60 per barrel price cap on seaborne Russian oil, a... Published 18 Apr, 2023 06:21am
Markets Saudi, UAE lead Mideast oil production cut for market ‘stability’ Cuts by Saudi Arabia, the UAE and Kuwait totalling 772,000 barrels per day (bpd) will take effect from May and last for the rest of the year Published 02 Apr, 2023 08:25pm
Markets Novak says Russia to extend 500,000 bpd oil production cut until end of year MOSCOW: Russia will extend a 500,000 barrels per day (bpd) oil production cut until the end of the year, Deputy... Published 02 Apr, 2023 07:25pm
BR Research Oil: Bears losing steam Having hit a 15-month low raising fears of a sustained bear run –crude oil prices have rebounded strongly, gaining... Published 30 Mar, 2023 07:55am
Markets Oil prices rise $1/bbl on Kurdish supply risks NEW YORK: Crude prices rose about $1 a barrel on Tuesday, extending sharp gains from the previous session on supply... Published 29 Mar, 2023 06:27am
Markets Kuwait to cut crude supplies to some Asian refiners as Al Zour refinery ramps up NEW DELHI: Kuwait has asked some Asian refiners to take less oil under their annual deals as the OPEC producer hopes... Published 15 Mar, 2023 05:13pm
Markets Cash premiums for 180-cst HSFO rise NEW DELHI: Cash premiums for 180-cst high sulphur fuel oil (HSFO) rose on Tuesday amid weakness in crude oil prices... Published 15 Mar, 2023 06:01am
Markets Oil slips as rising supplies balance Chinese demand hopes LONDON: Oil slipped on Wednesday, giving up an earlier gain, as signs of ample supply and rising US crude... Updated 01 Mar, 2023 06:40pm
BR Research POL in 1HFY23 Where the E&P companies continued to benefit from falling currency during 1QFY23 with growth that boosted... Published 01 Mar, 2023 09:42am
Markets Oil drops on US inventory jump and interest rate worries LONDON: Oil dropped for a second day on Wednesday as an industry report pointed to ample supplies in the United... Updated 15 Feb, 2023 06:04pm
Markets Gasoil cash differentials dip on selling interest SINGAPORE: Asia’s spot cash differentials for gasoil declined on Tuesday as selling interest persisted. The 10 ppm... Published 15 Feb, 2023 07:23am
BR Research Global oil demand - back on track? Crude oil prices have started 2023 with a rally. A major driver for crude oil demand is back and its impact has been... Published 25 Jan, 2023 09:12am
Markets Oil dips $2 on global economic concerns HOUSTON: Crude oil prices slipped on Tuesday on concerns about a global economic slowdown and an expected build in ... Published 25 Jan, 2023 06:25am
Markets Oil steady as China reopening is balanced by economic concerns LONDON: Crude oil prices were steady on Tuesday as concerns about a global economic slowdown and expected build in... Updated 24 Jan, 2023 05:36pm
Markets Physical oil market starts year with a rally on China demand, Russia sanctions LONDON/NEW YORK/SINGAPORE: Crude oil prices in much of the world’s physical markets have started the year with a... Published 23 Jan, 2023 04:41pm
Markets Asia naphtha refining NEW DELHI: Asia’s naphtha refining profit margin declined on the first trading day of the New Year, and the... Published 04 Jan, 2023 06:02am
Markets VLSFO cash premium extends gains NEW DELHI: Asia’s very low sulphur fuel oil (VLSFO) markets extended gains for a seventh consecutive session on... Published 29 Nov, 2022 05:57am
Markets Oil prices slip before expected Fed rate hike, US crude stockpiles seen falling LONDON: Oil prices slipped in and out of positive territory on Wednesday before an expected rate hike by the Federal... Updated 02 Nov, 2022 07:22pm