Oil prices: the seesaw continues A 40-month low, a 12 percent rebound and a 6 percent retreat. All of that happened in a span of less than two weeks... Updated 27 Sep, 2024 10:10am
Markets Saudi Arabia turns to Kuwait for fuel oil in rare move to meet summer demand SINGAPORE: Saudi Arabia imported fuel oil from Kuwait for the first time in more than two years in July to help meet... Published 26 Jul, 2024 07:35am
Markets OPEC sticks to oil demand view, sees better economic growth LONDON: OPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024 and 2025 and... Published 13 Feb, 2024 06:02pm
Markets IEA to expedite 2025 oil demand forecast, OPEC also moves early LONDON: The International Energy Agency is bringing forward publication of its first 2025 oil demand forecast to... Published 26 Jan, 2024 04:58am
Markets Saudi Arabia likely to extend additional supply cuts to Q1 2024: Energy Aspects SINGAPORE: The world’s top oil exporter, Saudi Arabia, is expected to extend its additional voluntary supply cuts to... Published 15 Nov, 2023 08:18pm
Business & Finance China fuels increase in global oil demand: IEA PARIS: World oil demand will rise slightly more than expected this year as China’s appetite for the fossil fuel ... Published 15 Nov, 2023 06:09am
BR Research Oil shows no retreat As Brent crude stays firm staying over $85/bbl, showing strong resistance – energy commodities outside of oil have... Published 16 Aug, 2023 08:31am
Markets OPEC sees 2.2 pct oil demand growth in 2024 despite headwinds LONDON: OPEC on Thursday raised its forecast for oil demand growth for 2023 and predicted only a slight slowdown in... Published 13 Jul, 2023 06:13pm
Markets India to soon overtake China as largest driver of oil demand: IEA chief NEW DELHI: India will soon overtake China as the largest driver of global oil demand, International Energy Agency... Published 14 Jun, 2023 05:27pm
Markets OPEC oil demand forecast holds steady as economic clouds gather LONDON: OPEC left its forecast for 2023 global oil demand growth steady for a fourth month on Tuesday, though the... Published 13 Jun, 2023 05:47pm
BR Research Oil bulls mean business Midfield play is often boring – but the one going on in the oil market is anything but. Both sides have had various... Published 12 May, 2023 09:18am
Markets OPEC raises Chinese oil demand view, cites risk from US debt ceiling LONDON: Oil producer group OPEC on Thursday raised its forecast for Chinese oil demand growth this year but left its... Published 11 May, 2023 06:45pm
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 OPEC raises forecast for China-led oil demand growth in 2023 LONDON: OPEC has raised its 2023 forecast for global oil demand growth in its first upward revision for months,... Published 14 Feb, 2023 06:40pm
Markets China's oil demand bounce may push producers to reconsider output: IEA BENGALURU: Oil producers may have to reconsider their output policies following a demand recovery in China, the... Published 05 Feb, 2023 06:43pm
BR Research Global oil demand - back on track? Crude oil prices have started 2023 with a rally. A major driver for crude oil demand is back and its impact has been... Published 25 Jan, 2023 09:12am
Markets At Davos, Saudi Arabia says curbing oil dependency a priority DAVOS: Saudi Arabia is working to reduce its reliance on oil exports, Economy Minister Faisal Al-Ibrahim said... Published 18 Jan, 2023 04:21pm
Markets China’s COVID-19 reopening set to push 2023 oil demand to new high: IEA LONDON: The lifting of COVID-19 restrictions in China is set to boost global oil demand this year to a new record... Published 18 Jan, 2023 02:24pm
Markets OPEC says Chinese oil demand to rebound in 2023 after drop LONDON: OPEC said on Tuesday Chinese oil demand would rebound this year due to relaxation of the country’s COVID-19... Published 17 Jan, 2023 07:48pm
Markets Attock Refinery temporarily shuts down main distillation unit Becomes second major refinery to either shut or limit its operations in recent days Published 13 Dec, 2022 01:32pm
Markets IEA sees global emissions peaking in 2025 PARIS: The International Energy Agency said Wednesday it believes global emissions will peak in 2025 as surging... Published 27 Oct, 2022 10:42am
BR Research Oil prices triggering an early recession? Volatility never leaves the global oil market. Crude oil prices continue to be jittery - falling, stabilizing, ... Published 17 Oct, 2022 09:23am
Markets Oil demand rises as gas prices surge: IEA PARIS: Global oil demand will rise more than previously forecast this year as heatwaves and soaring gas prices are... Published 11 Aug, 2022 03:26pm
Markets Iraq can boost oil output by 200,000 bpd this year if asked: BOC BASRA: Iraq has the capacity to increase its oil production by 200,000 barrel per day (bpd) this year if asked, an... Published 22 Jul, 2022 09:55pm
Markets Oil rises 1pc as tight supply outweighs economic worries NEW YORK: Oil prices edged up about 1% to a two-week high in volatile trade on Tuesday as the market focused more on... Published 20 Jul, 2022 07:05am
Markets OPEC forecasts slower oil demand growth in 2023 LONDON: OPEC forecast that world oil demand will rise further next year, but at a slightly slower rate than in 2022,... Published 12 Jul, 2022 04:46pm
BR Research Palm oil respite The Indonesian ban on palm oil exports thankfully proved short-lived, as the government had to cave into the... Published 24 Jun, 2022 09:02am
Markets IEA lowers world oil demand outlook on China lockdowns PARIS: Global oil demand will be slightly lower than forecast this year in the wake of strict Covid lockdowns in... Published 13 Apr, 2022 02:51pm
Markets OPEC cuts 2022 world oil demand forecast due to Ukraine war LONDON: OPEC on Tuesday cut its forecast for growth in world oil demand in 2022 citing the impact of Russia’s... Published 12 Apr, 2022 09:17pm
Markets IEA's Birol again urges OPEC+ to narrow gap between oil targets and output RIYADH: The Organization of the Petroleum Exporting Countries (OPEC) and their allies, known as OPEC+, needed to... Published 16 Feb, 2022 01:06pm