Oil settles lower on peace hopes Published 27 Oct, 2026 04:30am NEW YORK: Brent crude futures finished lower on Monday amid hopes of easing hostilities in the Middle East, but...
IEA's Birol does not expect energy markets to return to pre-war levels in 2027 Published 26 Oct, 2026 11:22am Birol expects a 'strong comeback' for the nuclear sector as a result of the current crisis
Oil price hike poses challenges for Fed policymakers Updated 26 Oct, 2026 06:42am The main event in the financial sector last week was the drop in 10-year US Treasury yields, which fell beneath the...
IEA sees little chance of oil market ‘normalisation’ next year Published 21 Oct, 2026 02:29am LONDON: The head of the International Energy Agency said Tuesday that he saw little chance of a return to normal oil...
Oil prices gain on attacks in Saudi Arabia Published 15 Oct, 2026 04:57am NEW YORK: Oil prices rose on Wednesday after the Houthis attacked Saudi Aramco’s headquarters and Iran said it was...
Trump’s war, oil’s rules Updated 15 Oct, 2026 06:51am Brent crude is trading above $108 a barrel despite a substantial recovery in shipments through the Strait of Hormuz,...
Oil prices rise by nearly USD2 Published 13 Oct, 2026 05:40am NEW YORK/LONDON: Oil prices rose by nearly USD2 a barrel on Monday as attacks on Saudi Arabia outweighed the...
IEA suggests members assess need for more diesel releases Published 12 Oct, 2026 04:45am WASHINGTON: The International Energy Agency’s Executive Director Fatih Birol suggested on Sunday that all members...
IEA to accelerate oil reserve release Published 08 Oct, 2026 05:42am BRUSSELS: The International Energy Agency agreed on Wednesday to accelerate the release of oil stocks and to...
Oil prices settle down Published 08 Oct, 2026 05:42am HOUSTON: Oil prices settled lower on Wednesday following a choppy session after the International Energy Agency...
Oil prices stable Published 07 Oct, 2026 05:37am NEW YORK: Oil prices were little changed on Tuesday after recovering earlier losses, as the market weighed increases...
IEA to decide on details of diesel stocks release next week Published 07 Oct, 2026 05:37am ROME/LONDON: The West’s energy watchdog will meet next week to work out the details of a diesel stock release as...
IEA: 325 million barrels of oil from strategic reserves released Published 04 Oct, 2026 02:23am PARIS: The International Energy Agency said Saturday that member countries had so far released 325 million barrels...
325 million barrels of oil from strategic reserves released: IEA Published 03 Oct, 2026 06:31pm The update came a day after G7 countries agreed to immediately release 100 million barrels of diesel
G7 agrees on release of diesel, oil stocks after US pressure Published 03 Oct, 2026 06:38am BRUSSELS: Group of Seven countries agreed on Friday on the release 100 million barrels of diesel and crude oil from...
Trump, Xi and the world at stake Published 02 Oct, 2026 05:28am The red carpet at Joint Base Andrews was one hundred feet long. The questions awaiting Donald Trump and Xi Jinping...
Rise in US 10-year bond yields generating worries Published 28 Sep, 2026 04:13am The strong economic indicators offered additional support for a possible rise in interest rates in the United...
Iron Law of Power Density: the hidden resource cost of energy transition Published 24 Sep, 2026 12:29pm We absolutely need greener energy. But green should mean environmentally responsible across the full lifecycle
Pakistan’s energy shock Updated 19 Sep, 2026 06:03am Pakistan is facing an energy shock that could rapidly become an economic and social crisis. The disruption of the...
Saudi pipeline outage threatens loss of 4% of global oil supply Published 13 Sep, 2026 06:29pm Kingdom has stocks in ports for 5-7 days to maintain oil exports, sources say
Oil falls but head for 8pc weekly gain Published 12 Sep, 2026 05:46am Brent settled at USD104.61, down 2.81%; WTI at USD100.05, down 2.37%, both hit mid-May highs
IEA warns 2026 oil supply gap will widen Published 12 Sep, 2026 05:46am LONDON: Global oil supply and demand look set to fall further than previously expected this year, the International...
Houthis reach strategic island at mouth of vital shipping lane Published 12 Sep, 2026 05:46am ADEN/DUBAI: Yemen’s Iran-aligned Houthis reached the strategic island of Perim in the Bab el-Mandeb Strait on...
Rare earth minerals: Pakistan’s economy Updated 09 Sep, 2026 06:55am The global race for critical minerals is reshaping trade, technology, and industrial policy. Can Pakistan convert...
Oil drops more than USD2 Updated 25 Aug, 2026 07:55am Brent fell $2.22, or 2.35%, to $92.17; WTI dropped $2.05 to $85.01, also down 2.35%
Oil pares losses after reports Houthis attacked Saudi Aramco refinery Updated 14 Aug, 2026 07:51am Brent fell 74 cents to $88.24, WTI down 77 cents at $82.56
IEA cuts 2026 oil demand forecast again Published 13 Aug, 2026 02:16am PARIS: The International Energy Agency on Wednesday sharply reduced its forecast for global oil demand this year, as...
Oil prices edge up Published 13 Aug, 2026 02:16am NEW YORK: Oil prices rose slightly on Wednesday as attacks on ships in the Middle East continued and talks to end...
Global power demand to accelerate in 2026 and 2027, IEA says Published 23 Jul, 2026 11:12am Global electricity demand is expected to grow by 3.6% in 2026 and 3.8% in 2027, up from 3% in 2025, the IEA said
IEA says substantial emergency oil stocks remain after record release Published 21 Jul, 2026 04:54pm The IEA agrees to release a record 400 million barrels of oil from strategic stockpiles