As West shuns Moscow, officials say India eyes more cheap Russian oil NEW DELHI: India may take up a Russian offer to buy crude oil and other commodities at a discount, two Indian... Updated 15 Mar, 2022 06:40am
Markets Asia’s naphtha margin rises as crude drops NEW DELHI: Asia’s naphtha crack rose on Monday after falling more than 6% last week, as crude oil benchmarks... Updated 15 Mar, 2022 06:36am
Markets US oil may consolidate in $104.87-$114.66 range SINGAPORE: US oil may consolidate in a range of $104.87-$114.66 per barrel for one or two days before falling... Published 11 Mar, 2022 10:14am
Markets Oil steadies amid supply doubts, but heads for sharp weekly decline NEW DELHI: Oil prices stabilised on Friday and were on track for their biggest weekly drops since November after... Updated 11 Mar, 2022 02:49pm
Markets PMEX daily trading report KARACHI: On Wednesday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 20.568... Published 11 Mar, 2022 05:12am
Markets Oil bounces as tight supply gives high floor to prices LONDON: Oil prices bounced on Thursday from a sharp drop in the previous session after the United Arab Emirates... Updated 10 Mar, 2022 06:41pm
Business & Finance World Bank official says war-driven oil price hikes to slash growth for big importers WASHINGTON: Persistent high oil prices prompted by Russia’s invasion of Ukraine could cut a full percentage point... Published 09 Mar, 2022 10:34am
Markets Brent oil may revisit Monday high of $139.13 SINGAPORE: Brent oil may revisit its Monday high of $139.13 per barrel, as it could have resumed its uptrend. The... Published 09 Mar, 2022 10:05am
World War-fuelled inflation adds to Europe’s cost of living crisis LISBON/BERLIN: Already struggling with rising living costs, Europeans now face an even deeper hit to their... Updated 09 Mar, 2022 07:30am
BR Research Palm oil bulls in full swing When it rains, it pours. If you are a commodity, war is going to get you if Covid didn’t. While the focus remains... Published 08 Mar, 2022 08:35am
Markets Asia’s naphtha crack climbs as Brent spikes over Ukraine crisis NEW DELHI: Asia’s naphtha crack rose again on Monday after a pause on Friday, as prices surged in tandem with a... Published 08 Mar, 2022 05:15am
Markets China's Jan-Feb crude oil imports down 5% as teapots cut runs SINGAPORE: China's crude oil imports for the first two months of 2022 fell nearly 5% from a year earlier, data ... Published 07 Mar, 2022 11:15am
Markets Oil price set to surge further on Iranian talks delays LONDON: Oil prices are set to surge further this week due to delays to the conclusion of Iranian nuclear talks and... Published 06 Mar, 2022 06:48pm
Markets Asia’s naphtha NEW DELHI: Asia’s naphtha crack came off record levels on Friday amid volatility in crude oil benchmarks, although... Published 05 Mar, 2022 04:10am
Markets PMEX daily trading report KARACHI: On Tuesday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 21.606... Published 03 Mar, 2022 04:39am
Markets Oil prices surge 9pc as global crude reserve release disappoints NEW YORK: Oil prices surged 9% on Tuesday, as a global agreement to release crude reserves failed to calm fears ... Published 02 Mar, 2022 04:35am
Markets Oil, gas and wheat prices surge as sanctions disrupt flows LONDON: Most commodity prices remained on the boil on Tuesday as Russia's invasion of Ukraine escalated and Western... Published 01 Mar, 2022 05:50pm
Markets Mexico’s Pemex posts $6bln 4Q loss MEXICO CITY: Mexican state oil company Pemex reported a $6.05 billion fourth-quarter net loss on Monday, compared... Published 01 Mar, 2022 05:34am
Markets PMEX daily trading report KARACHI: On Friday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 17,883... Published 01 Mar, 2022 05:34am
Markets Japan futures gain as raw material, crude oil prices surge SINGAPORE: Japanese rubber futures inched higher on Monday on rising raw material, crude prices. The Osaka Exchange... Published 01 Mar, 2022 05:34am
Markets Oil soars past $102 as sanctions and pressures on Russia mount Brent crude rose $4.16, or 4.3%, to $102.09 Updated 28 Feb, 2022 03:27pm
Markets Deepening Russia-Ukraine tensions seen curbing food supplies, lifting prices SINGAPORE: Escalating tensions between global crop heavyweights Russia and Ukraine are likely to force wheat, corn... Published 23 Feb, 2022 04:54am
Print Oil hits highest since 2014 NEW YORK: Crude oil futures rose on Monday to their highest levels since 2014 on supply concerns while Wall Street... Published 23 Feb, 2022 04:43am
Markets Crude rally driven by supply constraints threatens Asia refinery margins: Russell LAUNCESTON: The warning signals are starting to flash for the profit margins of oil refiners in Asia with high crude... Published 21 Feb, 2022 10:41am
Markets Oil steadies after swings as Ukraine crisis, Iran nuclear talks weigh MELBOURNE: Oil prices calmed down after fluctuating initially on Monday, as investors eyed contrasting scenarios of... Updated 21 Feb, 2022 01:05pm
Markets Brent oil retest support at $91.57 SINGAPORE: Brent oil may retest a support at $91.57, a break below which could cause a fall to $89.94. The bounce... Published 18 Feb, 2022 09:45am
Markets Oil falls on prospect of Iran oil sanctions easing MELBOURNE: Oil prices retreated on Friday after wild swings during the week, as the prospect of extra supply from... Published 18 Feb, 2022 09:30am
Markets Oil falls, caught between Iran talks and Ukraine crisis LONDON: Oil prices fell 2% on Thursday as talks to resurrect a nuclear deal with Iran entered their final stages, ... Updated 17 Feb, 2022 07:40pm
Markets Oil recoups some losses after report of Kyiv forces attacking Russia-backed rebels US West Texas Intermediate (WTI) crude was trading down 0.7% at $92.98 a barrel at 0422 GMT Updated 17 Feb, 2022 12:17pm
Markets Tight supplies lift Mideast, Russian crude grades to multi-year highs SINGAPORE: Middle East benchmark Dubai crude soared to a record this week while spot premiums for April-loading... Published 16 Feb, 2022 10:35am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?