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
Markets Oil dips on weaker China, US economic data NEW YORK: Oil futures dipped on Tuesday as weaker-than-expected economic data in China and the United States offset ... Published 17 May, 2023 06:22am
Markets Oil rises near 2pc BENGALURU: Oil prices rose about a dollar a barrel on Monday on the prospect of tightening supplies in Canada and... Published 16 May, 2023 03:23am
Markets Oil prices slip 1pc, US jobless data and debt-ceiling talks weigh NEW YORK: Oil prices slid about 1% on Thursday as a political standoff over the US debt ceiling stoked recession... Published 12 May, 2023 05:59am
Markets Record low: rupee settles near 299 against US dollar Currency depreciates nearly 3% in inter-bank market on Thursday Updated 11 May, 2023 07:14pm
Markets Oil up slightly after smaller ECB hike NEW YORK: Oil prices rose on Thursday after the European Central Bank (ECB) decided to slow the pace of its interest... Published 05 May, 2023 06:44am
Markets Oil steady after smaller ECB hike, demand concerns linger LONDON: Oil prices were stable after the European Central Bank (ECB) decided on Thursday to slow interest rate... Updated 04 May, 2023 07:34pm
Markets Oil lower ahead of expected Fed rate hikes NEW YORK: Oil prices fell 4% on Wednesday, extending steep losses from the previous session, as investors fretted... Published 04 May, 2023 04:26am
BR Research APL in 9MFY23 After a good year (FY22), the oil marketing companies’ (OMCs) earnings were expected to come under pressure during... Published 02 May, 2023 09:16am
Business & Finance ExxonMobil, Chevron report higher profits despite oil price dip NEW YORK: US oil giants ExxonMobil and Chevron reported another quarter of heady profits Friday as both companies... Published 02 May, 2023 05:59am
Markets Oil prices drop as US rate hike fears, weak China data offset supply cuts TOKYO: Oil prices fell on Monday as jitters over the economic impact of the US Federal Reserve potentially raising... Updated 01 May, 2023 12:18pm
Pakistan Govt keeps price of petrol unchanged, reduces diesel's rate by Rs5 Slashes light diesel and kerosene oil prices by Rs10 per litre Published 30 Apr, 2023 10:51pm
Markets Rupee falters, settles at 283.92 against US dollar Currency depreciates 0.19% in inter-bank market Updated 27 Apr, 2023 05:46pm
Markets Oil dips 2pc on strong dollar HOUSTON: Oil dropped 2 percent on Tuesday after two sessions of gains as jitters about the global economic outlook... Published 26 Apr, 2023 06:15am
Markets Oil falls 2pc as dollar strengthens on Fed rate hike expectations NEW YORK: Oil prices fell about 2% to a two-week low on Wednesday despite a sharp decline in US crude inventories, ... Published 20 Apr, 2023 06:30am
Markets Oil drops 2pc on higher dollar, rate concerns NEW YORK: Oil prices turned lower on Monday as the US dollar strengthened and as investors mulled over a possible ... Published 18 Apr, 2023 06:21am
Markets Oil falls 1pc on recession fears BENGALURU: Oil prices edged lower on Thursday, after scaling multi-month high levels in the previous session, ... Published 14 Apr, 2023 05:59am
Markets Oil rises 2pc on lower-than-expected US inflation data HOUSTON: Oil prices rose 2 percent on Wednesday as cooling US inflation data spurred hopes that the Federal Reserve... Published 13 Apr, 2023 06:37am
Markets Oil rises over 1pc with US and China inflation in focus NEW YORK: Oil prices rose more than 1 percent on Tuesday with support from a weaker dollar and hopes that the ... Published 12 Apr, 2023 06:11am
Markets Rupee plunges to new all-time low against US dollar Currency closes at 288.43 in inter-bank market Updated 11 Apr, 2023 07:24pm
Markets Asia’s Hi-5 fuel oil spread crunches to 18-month low SINGAPORE: Asia’s hi-5 fuel oil spread narrowed to 18-month lows on Wednesday as the very low sulphur oil (VLSFO)... Published 06 Apr, 2023 06:20am
Markets Rupee hits fresh all-time low, settles at 287.85 against US dollar Currency loses Re0.56 against the US dollar in inter-bank market Updated 05 Apr, 2023 06:32pm
Business & Finance Oil sales decrease by 9pc in March KARACHI: Pakistan oil sales decreased by 9.0 percent on month-on-month basis to 1.11 million tons in March 2023... Published 04 Apr, 2023 03:24am
Markets Rupee under pressure against US dollar, settles at 285.04 Currency depreciates 0.44% in the interbank market Updated 03 Apr, 2023 06:01pm
Markets Oil settles 1pc higher on tightening supplies BENGALURU: Oil prices rose by more than a dollar a barrel on Friday to record their second-straight week of gains, ... Published 03 Apr, 2023 06:36am
Markets Barclays warns of upside oil price risk from protracted Kurdish supply halt BENGALURU: Barclays on Tuesday warned that a disruption in oil exports by the Kurdistan Regional Government (KRG)... Published 30 Mar, 2023 06:35am
Markets Oil dips amid choppy trading; markets debate supply tightness HOUSTON: Oil ticked down on Wednesday in choppy trading as investors looked to pocket profits from two straight days... Published 30 Mar, 2023 06:35am
Markets Rupee largely stable against US dollar, settles at 283.55 Currency appreciates 0.01% in the inter-bank market Updated 28 Mar, 2023 07:54pm
Markets Rupee declines significantly, settles at 284.03 against US dollar Currency depreciates 0.82% in inter-bank market Updated 22 Mar, 2023 10:17am