Oil prices likely to fall after Israel shows restraint in strikes on Iran SINGAPORE/LONDON: Oil prices are expected to fall when trading resumes on Monday as Israel’s retaliatory strike on... Updated 27 Oct, 2024 01:57pm
Markets Oil prices broadly stable with uncertainty around Middle East and US election LONDON: Oil prices were broadly stable on Thursday as uncertainty around conflict in the Middle East and reports of... Updated 24 Oct, 2024 07:26pm
Markets Oil slips 1pc on large build in US crude stocks NEW YORK: Oil prices fell on Wednesday after data showed US crude inventories rose by more than expected even as... Published 24 Oct, 2024 06:49am
Markets Oil slips 1% on large build in US crude stocks; market watches Middle East NEW YORK: Oil prices fell on Wednesday after data showed U.s. crude inventories rose by more than expected even as... Updated 23 Oct, 2024 09:39pm
Markets Oil rises as Middle East war rages NEW YORK: Oil prices rose for the second consecutive session on Tuesday, as traders downplayed hopes of a Middle ... Updated 23 Oct, 2024 07:59am
Markets Oil prices gain, recouping some of last week’s 7% loss Brent crude futures up 58 cents, or 0.79%, at $73.63 a barrel Updated 21 Oct, 2024 10:21pm
World Oil-rich Iraqi Kurdistan votes, shadowed by economic struggles ARBIL, (Iraq): Iraq’s autonomous Kurdistan region voted on Sunday to elect a new parliament for the oil-rich... Published 21 Oct, 2024 06:04am
Markets Oil edges up, but on track for biggest weekly loss in over a month SINGAPORE: Crude oil futures inched higher on Friday, supported by a surprise drop in U.S. oil inventories and... Published 20 Oct, 2024 05:51am
Markets Oil prices edge lower, US crude stockpiles fall NEW YORK: Oil prices were down slightly on Thursday as investors waited on developments in the Middle East, while... Updated 17 Oct, 2024 10:02pm
Markets Oil prices hold near 2-week low on lower oil demand growth forecasts NEW YORK: Oil prices held near a two-week low on Wednesday after dropping about 7% over the prior three days on... Updated 16 Oct, 2024 09:47pm
Markets Oil prices plunge 4pc HOUSTON: Oil prices tumbled more than 4% to a near two-week low on Tuesday due to a weaker demand outlook and after ... Published 16 Oct, 2024 06:58am
Print Petrol’s price remains unchanged; diesel’s hiked ISLAMABAD: The government Tuesday increased the price of high speed diesel (HSD) up to Rs 5 per liter effective from... Updated 16 Oct, 2024 03:43pm
Markets IEA sees oil surplus looming, reassures on Iran supply risk LONDON: The world oil market is heading for a sizeable surplus in the new year, the International Energy Agency said... Updated 15 Oct, 2024 02:47pm
Markets Oil plunges 4% as Iran supply disruption concerns ease, demand outlook weakens HOUSTON: Oil prices tumbled more than 4% to a near two-week low on Tuesday due to a weaker demand outlook and after... Updated 15 Oct, 2024 09:30pm
Markets Oil falls 2pc as OPEC cuts oil demand growth view, China concerns HOUSTON: Oil prices declined about 2% on Monday, wiping out all of last week’s gains, as OPEC’s lowering of its... Updated 15 Oct, 2024 08:43am
Markets Oil falls 2% as OPEC cuts oil demand growth view, China concerns HOUSTON: Oil prices declined about 2% on Monday, wiping out all of last week’s gains, as OPEC’s lowering of its 2024... Updated 14 Oct, 2024 08:35pm
Markets Oil on track for weekly climb on potential Mideast supply disruption Brent crude oil futures down 20 cents, or 0.25%, at $79.20 a barrel Updated 11 Oct, 2024 09:17pm
Markets Oil prices climb 2% on US storm and Israel-Iran fears NEW YORK: Oil prices climbed about 2% on Thursday on a spike in U.S. fuel use before Hurricane Milton barrelled... Updated 10 Oct, 2024 09:59pm
Markets Oil falls as swelling US supply counters ME and hurricane risks NEW YORK: Oil fell by more than $1 a barrel on Wednesday on rising US crude inventories, while the risk of supply... Published 10 Oct, 2024 03:03am
Markets Crude prices fall on possible ceasefire in Lebanon Brent crude futures were down $3.70, or 4.57%, to $77.23 a barrel Updated 08 Oct, 2024 10:07pm
Markets Oil rises 3pc as ME war risk makes investors cautious NEW YORK: Oil prices rose more than 3% on Monday, with Brent surpassing $80 per barrel for the first time since... Published 08 Oct, 2024 06:57am
Markets Oil rises 3% as Middle East war makes investors end bearish bets NEW YORK: Oil prices rose more than 3% on Monday, with Brent surpassing $80 per barrel for the first time since... Updated 07 Oct, 2024 10:10pm
Markets Oil set for biggest weekly gains in two years on Middle East war risk NEW YORK: Oil prices rose for a fourth consecutive session on Friday as investors braced for a potential Israeli... Updated 04 Oct, 2024 11:35pm
Markets TotalEnergies plans to grow oil and gas production until 2030 PARIS: French energy giant TotalEnergies has announced plans to increase its oil and gas production until 2030, as... Published 03 Oct, 2024 11:04am
Markets Oil gains nearly 4% on supply concerns as Middle East conflict intensifies Brent crude futures were up $2.82, or 3.82%, at $76.72 a barrel Updated 03 Oct, 2024 09:54pm
Markets ME conflict lifts oil prices NEW YORK: Oil prices edged up on Wednesday on worries that the escalating conflict in the Middle East could threaten... Published 03 Oct, 2024 06:31am
Business & Finance OPEC+ panel sticks to output policy LONDON/DUBAI: A meeting of top OPEC+ ministers has kept oil output policy unchanged including a plan to start ... Published 03 Oct, 2024 06:31am
Markets Oil prices jump 4% on reports Iran preparing to attack Israel Oil prices jumped about 4% on Tuesday following reports Iran was preparing to launch a missile attack on Israel.... Updated 01 Oct, 2024 09:36pm
Business & Finance Fuel prices decline ISLAMABAD: The federal government has announced a substantial reduction in petroleum prices effective from October... Published 01 Oct, 2024 06:49am
Markets Oil falls despite China’s stimulus plan; US crude stocks draw limits losses NEW YORK: Oil prices edged lower on Wednesday as investors reassessed whether China’s latest stimulus plans will be... Updated 25 Sep, 2024 09:23pm
Satellite photos show Israel hit Iran former nuclear weapons test building, missile facilities, researchers say