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Topic

global oil supply

Oil settles over USD100

Oil settles over USD100

Published 24 Jul, 2026 05:06am
NEW YORK: Oil prices settled above USD 100 on Thursday for the first time since May after Yemen’s Houthis said they...
When markets smell stagflation

When markets smell stagflation

Updated 23 Jul, 2026 06:41am
Relief can be remarkably expensive. Only a few weeks ago, financial markets were celebrating what appeared to be the...
The double-digit inflation

The double-digit inflation

Updated 21 Jul, 2026 06:37am
The month of June 2026 has witnessed a rate of inflation in the Consumer Price Index (CPI) of 11.1 percent on a...
Houthis announce Saudi naval blockade

Houthis announce Saudi naval blockade

Published 21 Jul, 2026 05:11am
DUBAI/RIYADH: Yemen’s Iran-aligned Houthis said on Monday they would impose a naval blockade on Saudi Arabia,...
Oil settles 1pc higher

Oil settles 1pc higher

Published 21 Jul, 2026 05:11am
HOUSTON: Oil prices settled over 1 percent higher on Monday after volatile trading through the session, as traders...
Oil prices surge over 4pc

Oil prices surge over 4pc

Published 18 Jul, 2026 05:14am
  • Brent crude settles 4.59% higher at $88.10; WTI rises 4.48% to $82.49
Oil prices make small gain

Oil prices make small gain

Published 16 Jul, 2026 05:17am
HOUSTON: Oil prices rose slightly on Wednesday, reacting to stronger-than-expected inventory and largely shrugging...
Oil prices touch pre-Iran war lows

Oil prices touch pre-Iran war lows

Published 19 Jun, 2026 05:50am
HOUSTON: Oil prices fell on Thursday to their lowest since before the start of the Iran war at the end of February...
Oil falls USD4 to three-month low

Oil falls USD4 to three-month low

Updated 16 Jun, 2026 04:50am
HOUSTON: Oil prices settled down USD4 a barrel to a three-month low on Monday after President Donald Trump said the...
Oil settles up nearly USD2

Oil settles up nearly USD2

Published 11 Jun, 2026 05:06am
NEW YORK: Oil prices closed up nearly USD2 on Wednesday after President Donald Trump said the US is going to attack...
Oil prices fall to seven-week low

Oil prices fall to seven-week low

Published 10 Jun, 2026 05:53am
NEW YORK: Oil prices fell about 3 percent to a seven-week low on Tuesday after Iran and Israel said they had halted...
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