Oil slides amid concerns over health of banking sector LONDON: Oil prices fell sharply on Friday amid declining European banking shares and after U.S. Energy Secretary... Updated 24 Mar, 2023 08:08pm
Markets Oil crawls up as dollar weakens BENGALURU: Oil prices edged higher on Thursday days after hitting their lowest since late 2021, supported by rising... Published 24 Mar, 2023 05:55am
Markets Oil down after Fed comments, U.S. crude stock build LONDON: Oil prices dipped on Thursday, having hit their lowest since late 2021 earlier this week, after Federal... Updated 23 Mar, 2023 05:13pm
Markets Oil up 1pc despite crude build, as dollar weakens NEW YORK: Oil prices rose about 1% to a one-week high on Wednesday despite a surprise weekly build in US crude... Published 23 Mar, 2023 05:47am
Markets Oil prices rebound after hitting lowest since 2021 on banking fears NEW YORK: Oil prices bounced up on Monday in volatile trade after diving to their lowest levels in 15 months as the... Published 20 Mar, 2023 11:36pm
Markets Oil hits lowest since 2021 on banking fears LONDON: Oil prices fell on Monday to their lowest in 15 months on concern that risks in the global banking sector... Updated 20 Mar, 2023 05:14pm
BR Research Oil: Can the selloff sustain? It took no less than a full-blown banking crisis for international oil markets to extend losses for well over a ... Published 20 Mar, 2023 07:37am
Markets Oil rises on demand hopes as banking fears ease LONDON: Oil prices firmed on Friday as a meeting between Saudi Arabia and Russia calmed markets and after support... Updated 17 Mar, 2023 05:02pm
Markets Gasoil trading liquidity improves SINGAPORE: Asia’s 10-ppm sulphur gasoil trading liquidity picked up after a myriad of sellers emerged to offload... Published 17 Mar, 2023 06:15am
Markets Oil rises 2pc as S Arabia, Russia hold talks BENGALURU: Oil prices rose 2% on Thursday after dropping to near 15-month lows earlier in the session, supported by... Published 17 Mar, 2023 06:15am
Markets Oil regains some ground after Credit Suisse lifeline LONDON: Oil prices clawed back some ground on Thursday, recovering from the previous session’s 15-month lows, as... Updated 16 Mar, 2023 05:31pm
Markets HSFO premiums gain steam as Fujairah stocks fall NEW DELHI: Asia’s spot fuel oil premiums for high sulphur fuel oil (HSFO) advanced on Wednesday after stocks at... Published 16 Mar, 2023 06:01am
Markets Oil hits lowest in more than a year as banking fears mount LONDON: Oil extended its slide on Wednesday, falling 4% and hitting its lowest in more than a year as unease over... Updated 15 Mar, 2023 09:52pm
Markets Oil declines to 9-week low on inflation worries NEW YORK: Oil prices dropped about 3% to a nine-week low on Tuesday after a US inflation report and the recent US... Published 15 Mar, 2023 06:01am
Markets Russian sanctions shift oil price-making power to Asia from Europe LONDON: Western sanctions on Russian and Iranian oil have channelled cheap fuel to Asia and in the process eroded a... Published 14 Mar, 2023 12:00pm
Markets Oil prices continue slump in fallout from SVB shutdown LONDON: Oil prices dropped more than $2 a barrel on Tuesday, extending the previous day’s slide, as the collapse of... Updated 14 Mar, 2023 05:02pm
Markets Oil prices decline as banking fears rattle markets NEW YORK: Oil prices fell in volatile trading on Monday as the collapse of Silicon Valley Bank hit equities markets... Published 14 Mar, 2023 03:18am
Editorials Oil supply: risks must not be downplayed EDITORIAL: The supply chain in various industries is at the risk of choking under import restrictions by State Bank... Updated 14 Mar, 2023 10:29pm
Markets Crude oil prices slide $4 as banking fears rattle markets LONDON: Oil prices fell $4 on Monday along with equities as the collapse of Silicon Valley Bank raised fears of a... Updated 13 Mar, 2023 06:10pm
Markets PARCO pipeline made operational after leakage KARACHI: An oil leakage occurred at the Pak Arab Refinery Limited (PARCO) pipeline near Shah Latif Town, Karachi on... Published 13 Mar, 2023 07:27am
Markets Oil prices set for 5% weekly drop on US rate hike jitters LONDON: Oil fell for a fourth session on Friday, heading for its biggest weekly loss in five weeks on worries about... Updated 10 Mar, 2023 06:44pm
Markets Oil steadies as recession worries offset lower dollar NEW YORK: Oil prices were little changed on Thursday as a big jump in US unemployment claims increased recession... Published 10 Mar, 2023 03:46am
World Germany plans 2024 oil and gas boiler ban BERLIN: Germany on Thursday presented controversial plans to ban the installation of new oil and gas boilers from... Published 09 Mar, 2023 07:38pm
Markets Oil steadies as French strike and weaker dollar balance recession fears LONDON: Oil steadied on Thursday after a two-day decline as strike-disrupted fuel supply in France, a drop in U.S.... Updated 09 Mar, 2023 07:51pm
BR Research Oil: heading north When not much seems to be going their way, spreading fake news is the preferred route of the collective West to put ... Published 08 Mar, 2023 08:37am
Markets Oil falls 3pc NEW YORK: Oil prices fell by more than $2 a barrel on Tuesday after comments from US Federal Reserve Chair Jerome... Published 08 Mar, 2023 06:20am
Markets Kenya issues oil supply tender with longer credit to curb FX pressure NAIROBI: Kenya has issued its first oil import tender under a new system designed to cut pressure on the foreign... Published 08 Mar, 2023 06:20am
Markets VLSFO rebounds after one-month downtrend SINGAPORE: The spot 0.5% very low sulphur fuel oil (VLSFO) market in Asia rebounded on Tuesday after trending lower... Published 08 Mar, 2023 06:20am
Markets Oil edges lower on stronger dollar and weak Chinese data LONDON: Oil prices edged lower on Tuesday as a stronger U.S. dollar and weak oil data from top crude importer China... Updated 07 Mar, 2023 06:10pm
BR Research APL – a weaker quarter After a good year (FY22), the oil marketing companies (OMCs) earnings were expected to come under pressure during... Published 07 Mar, 2023 08:41am