Oil prices, stocks higher after EU snubs Russia ban NEW YORK: Crude prices were higher Friday and stock markets made decent gains after European countries decided... Published 28 Mar, 2022 05:29am
Markets Asia’s naphtha margin plunges NEW DELHI: Asia’s naphtha markets weakened on Thursday after inventories at the key trading hub of Singapore... Published 25 Mar, 2022 05:47am
Markets Oil slides near 2pc as EU fails to boycott Russian crude NEW YORK: Crude prices slid nearly 2% on Thursday after the European Union (EU) did not agree on a plan to boycott... Published 25 Mar, 2022 05:46am
Business & Finance Dollar climbs, euro weakens, as Biden brings sanctions plan to Europe NEW YORK: The dollar climbed on Wednesday while the euro weakened as oil prices saw another jump with U.S. President... Published 24 Mar, 2022 05:36am
Markets India defends purchases of Russian oil NEW DELHI: Indian government officials on Friday defended the continued buying of Russian oil, saying European... Published 19 Mar, 2022 04:42am
Markets FTSE 100 extends gains LONDON: UK’s FTSE 100 extended gains on Thursday, as oil majors lifted the commodity-heavy index, while the Bank ... Published 18 Mar, 2022 05:20am
Markets European shares dip on worries over China Covid surge PARIS: European stocks fell on Tuesday, with commodity-linked sectors leading the losses, as concerns about surging... Published 16 Mar, 2022 05:40am
Markets Asia Distillates: Jet fuel cracks rise amid gradual demand recovery SINGAPORE: Asian refining margins for jet fuel rose on Tuesday, partly riding on weaker feedstock crude prices, ... Published 16 Mar, 2022 05:40am
Print OPEC flags risk to oil demand outlook LONDON: OPEC said on Tuesday that oil demand in 2022 faced challenges from Russia’s invasion of Ukraine and rising... Updated 16 Mar, 2022 09:45am
Markets Asia Distillates: Gasoil cracks, cash premiums down SINGAPORE: Asian refining margins for 10 ppm gasoil slipped on Monday, despite weaker feedstock crude prices, while... Updated 15 Mar, 2022 06:36am
Markets Wall Street rebounds on bank, tech boost NEW YORK: Wall Street’s main indexes rallied on Wednesday as investors piled into banking and technology sectors... Published 10 Mar, 2022 06:30am
Markets Saudi Arabia raises April crude prices to Asia to all-time highs Saudi Arabia's state oil producer Aramco raised the April official selling prices (OSPs) for crude it sells to Asia... Published 07 Mar, 2022 11:09am
Markets Saudi Aramco in talks on more investments in China RIYADH: Oil giant Saudi Aramco is in talks with partners in China about further investments in the country, CEO Amin... Published 21 Feb, 2022 06:48pm
Markets Most Gulf bourses rise, tracking oil prices DUBAI: Most stock markets in the Gulf ended higher on Sunday, supported by rising oil prices, with the Saudi index... Published 07 Feb, 2022 05:22am
Business & Finance Saudi Arabia raises March crude prices to Asia SINGAPORE: Saudi Aramco has raised prices for all crude grades it sells to Asia in March from February, in line with... Published 06 Feb, 2022 04:42am
Markets US crude, distillate stockpiles fall; gasoline builds: EIA US crude oil and distillate inventories fell last week as fuel demand increased to its highest level since August... Published 02 Feb, 2022 09:40pm
Markets OPEC+ unlikely to hike output faster despite oil price rally, sources say LONDON: OPEC+ will likely stick to existing plans for a moderate oil output rise when it meets on Wednesday, sources... Published 02 Feb, 2022 04:00pm
Markets India shows early signs of high coal, LNG, crude prices hurting demand LAUNCESTON, (Australia): One of the key questions for the outlook for energy commodities is how quickly the current... Published 02 Feb, 2022 04:45am
Markets India shows early signs of high coal, LNG, crude prices hurting demand: Russell LAUNCESTON: One of the key questions for the outlook for energy commodities is how quickly the current high prices... Published 01 Feb, 2022 01:20pm
Print Top oil producers to meet amid record crude prices LONDON: The world’s top oil-producing countries will meet on Wednesday to discuss a further increase in output,... Updated 01 Feb, 2022 09:19am
Markets Most Gulf bourses rebound on rising oil prices DUBAI: Most major stock markets in the Gulf rebounded on Thursday, as oil prices touched seven-year highs on fears ... Published 28 Jan, 2022 04:44am
Markets Oil holds near 7-year high as Russia tensions offset Fed tightening NEW YORK: Oil prices steadied on Thursday, after Brent crude earlier hit a seven-year high above $90 a barrel, as ... Published 28 Jan, 2022 04:44am
Markets British stocks recover from multi-month lows LONDON: London’s FTSE 100 rebounded on Tuesday from a one-month low hit a day earlier, supported by major bank... Published 26 Jan, 2022 04:42am
Markets Oil’s bull run rolls on despite possible China reserves release LONDON: Oil futures rose on Friday on course for a fourth weekly gain boosted by supply constraints and a weaker... Published 15 Jan, 2022 05:50am
Markets VLSFO crack firms even as crude prices climb SINGAPORE: Asia’s 0.5% very low-sulphur fuel oil (VLSFO) crack firmed on Wednesday on persistently limited ... Published 13 Jan, 2022 07:17am
Markets Asia Distillates: Gasoil cracks climb to near 2-month high SINGAPORE: Asian refining profit margins for 10 ppm gasoil surged to their highest level in nearly two months on... Published 08 Jan, 2022 03:59am
Markets Most Gulf bourses track oil prices higher DUBAI: Most stock markets in the Gulf ended higher on Wednesday, tracking rising oil prices, as investors shrugged... Published 06 Jan, 2022 04:13am
Markets VLSFO cracks SINGAPORE: Asia’s front-month crack for 0.5% very low-sulphur fuel oil (VLSFO) slipped on Tuesday as feedstock... Published 05 Jan, 2022 05:36am
Markets Omicron, Magellan Financial drag Australian shares lower Australian shares settled lower on Monday as energy stocks fell on concerns over oil demand outlook, while fund... Published 20 Dec, 2021 11:15am
Markets Asia Distillates: Jet fuel refining margins climb SINGAPORE: Asian jet fuel refining margins climbed on Tuesday, despite firmer feedstock crude prices, as traders ... Published 08 Dec, 2021 06:22am