Oil down as weak US gasoline demand offsets big draw in crude stocks HOUSTON: Oil prices were down 1 percent on Wednesday as a build in US gasoline stocks fed worries about demand after... Published 24 Aug, 2023 06:22am
BR Research CAD roundup: scary start to FY24 The current account is back in the red with relaxation on imports, a condition of the SBA with IMF. The deficit... Updated 21 Aug, 2023 08:56pm
Print PMG, HSD sectors: OMAP says concerned at pricing mechanism LAHORE: The Oil Marketing Association of Pakistan (OMAP) has raised concerns on the pricing mechanism associated... Updated 21 Aug, 2023 08:54am
Markets Low earners hit hardest by oil price hike LAHORE: The low-income people are hard-pressed by the surge in the prices of fuel and electricity which has made... Published 20 Aug, 2023 03:20am
Markets Oil prices edge up, eye strong monthly gains BENGALURU: Oil prices were set to post their biggest monthly gains in more than a year on Monday, on expectations... Published 01 Aug, 2023 06:19am
Markets Rupee ends 8-session losing streak, settles at 287.04 against US dollar Currency appreciates 0.52% in inter-bank market Updated 26 Jul, 2023 09:27pm
Markets Oil dips ahead of Fed rate decision LONDON: Oil prices slipped on Wednesday, with investors cautious ahead of an expected Federal Reserve rate hike... Updated 26 Jul, 2023 05:10pm
Markets Oil prices hit fresh 3-month highs on tightening supplies NEW YORK: Oil prices rose to fresh three-month highs on Tuesday, as signs of tighter supplies and pledges by Chinese... Published 26 Jul, 2023 06:17am
Markets Oil rallies higher for fourth straight week BENGALURU: Oil prices rose more than a dollar per barrel on Friday, buoyed by growing evidence of supply shortages ... Published 24 Jul, 2023 06:11am
Markets Oil prices fall on profit-taking BENGALURU: Oil prices fell more than a dollar a barrel on Friday as the dollar strengthened and oil traders booked... Published 17 Jul, 2023 03:47am
Markets Oil prices up, hit nearly 3-month high NEW YORK: Oil prices rose on Thursday to their highest in nearly three months after US inflation data implied... Published 14 Jul, 2023 06:23am
Markets Most Gulf markets gain as US inflation cools, Saudi index eases Most major stock markets in the Gulf rose in early trade on Thursday after US inflation and economic data boosted... Published 13 Jul, 2023 03:30pm
Markets Brent oil hovers above $80 as U.S inflation eases LONDON: Global oil benchmark Brent hovered above $80 a barrel on Thursday after U.S. inflation data implied interest... Updated 13 Jul, 2023 05:02pm
BR Research Oil prices - a rally coming soon? The global crude oil price had been stuck near $75 since May this year. After resisting the prevailing pessimism for... Published 13 Jul, 2023 08:09am
Markets Oil giants drill deep as profits trump climate concerns LONDON: Oil and gas companies have intensified the hunt for new deposits in a long-term bet on demand, as they... Published 10 Jul, 2023 06:52am
Markets Oil drops 1pc as market frets about risk of US rate hike NEW YORK: Oil prices fell over 1 percent on Thursday as the market digested the higher likelihood of a US interest... Published 07 Jul, 2023 05:24am
Markets Oil rallies on Saudi, Russian supply cuts for August HOUSTON: Oil prices rose on Monday after top exporters Saudi Arabia and Russia announced supply cuts for August,... Published 04 Jul, 2023 05:07am
Markets Russia to cut oil exports by 500,000 bpd in August, Novak says MOSCOW: Russia will cut oil exports by 500,000 barrels per day in August, President Vladimir Putin’s point man on... Published 03 Jul, 2023 03:07pm
Markets Oil rallies on Saudi and Russian supply cuts for August LONDON: Oil rose on Monday after top exporters Saudi Arabia and Russia announced supply cuts for August,... Updated 03 Jul, 2023 06:01pm
Markets Oil settles higher but posts fourth straight quarterly decline HOUSTON: Oil prices settled higher on Friday but posted their fourth straight quarterly loss as investors worried... Published 03 Jul, 2023 06:04am
Markets Growth risks to restrain oil prices this year NEW YORK: Oil prices will struggle for traction this year as global economic headwinds stymie gains that could be... Published 03 Jul, 2023 06:04am
Markets Oil falls on potential Iran deal, weak demand prospects NEW YORK: Oil prices fell $3 a barrel on Thursday as demand weakness and a report the US and Iran may be approaching... Published 09 Jun, 2023 06:20am
Markets Oil rises 1pc on Saudi plan to deepen output cuts from July NEW YORK: Oil prices rose by more than one percent a barrel on Monday after top crude exporter Saudi Arabia pledged... Published 06 Jun, 2023 05:33am
Markets OPEC+ unlikely to agree bigger oil cuts on Sunday, sources say VIENNA: OPEC and its allies are unlikely to decide on further oil supply cuts at a meeting on Sunday despite a fall... Published 02 Jun, 2023 05:13pm
Markets Inter-bank market: rupee dips, settles at 285.68 against US dollar Currency depreciates 0.11% against the US dollar in inter-bank market Updated 02 Jun, 2023 04:28pm
Markets Rupee strengthens further, settles at 285.15 against US dollar Currency appreciates 0.21% in inter-bank market Updated 26 May, 2023 10:02pm
Markets Oil down $3 as Russia downplays additional OPEC+ cuts NEW YORK: Oil prices fell more than $3 at one point on Thursday, after Russian Deputy Prime Minister Alexander Novak... Published 26 May, 2023 06:48am
Markets Rupee ends losing streak in inter-bank, but falls to 308-310 in open market Currency registers a gain of Re0.02 in inter-bank market Updated 24 May, 2023 07:33pm
Markets Oil rises on debt ceiling, demand optimism NEW YORK: Oil prices rose 2% on Wednesday as optimism on oil demand and US debt ceiling negotiations outweighed... Published 18 May, 2023 06:10am
Markets Inter-bank: rupee sustains losses, settles at 285.4 against US dollar Currency depreciates 0.16% on Wednesday Updated 17 May, 2023 05:18pm