Oil prices slip after China cuts import quotas LONDON: Oil prices eased on Thursday after the world's top importer China cut the first batch of crude import... Published 30 Dec, 2021 06:41pm
Markets Oil prices hold near $80 on tight supply and stocks drop LONDON: Oil prices held close to $80 a barrel on Wednesday as global supply outages and declining US inventories... Published 29 Dec, 2021 08:23pm
Markets Oil prices stable as positive COVID news balances curbs NEW DELHI: Oil prices edged up on Thursday for a third consecutive session over positive developments around... Updated 23 Dec, 2021 06:04pm
BR Research Bulls or bears to reign oil prices? A new variant and surge in COVID cases globally have toppled the gains made by the crude oil price in the last two... Published 23 Dec, 2021 07:40am
Markets Oil prices climb but worries over Omicron linger SINGAPORE: Oil prices rose on Tuesday, though investors remained worried about the rapid spread of the Omicron... Published 21 Dec, 2021 12:34pm
Markets Oil slips on rising supply, Omicron worries despite US demand surge NEW YORK: Oil prices fell for a third consecutive day on Wednesday on growing signs that supply growth will outpace... Published 16 Dec, 2021 04:00am
Markets C$ posts longest losing streak in 21 months on Omicron risk TORONTO: The Canadian dollar on Tuesday fell to its lowest level in nearly three months against the greenback, as... Published 15 Dec, 2021 01:00am
Markets Oil down on Omicron restrictions and China fears LONDON: Oil prices fell on Thursday after measures by some governments to slow the spread of the Omicron coronavirus... Published 09 Dec, 2021 07:48pm
Markets Oil climbs $2 on easing Omicron fears and Iran delay LONDON: Oil prices rose $2 on Tuesday, extending the previous day's almost 5% rebound, as concerns over the impact ... Published 07 Dec, 2021 05:31pm
Markets Oil rebounds towards $72 on Omicron hopes, Iran talks LONDON: Oil climbed by $2 a barrel towards $72 on Monday on hopes the Omicron coronavirus variant would have a less... Published 06 Dec, 2021 06:44pm
Business & Finance OPEC will continue with supply adjustments for oil market, chief says MILAN: The Organization of the Petroleum Exporting Countries (OPEC) will continue with its supply adjustments for ... Updated 04 Dec, 2021 07:12pm
Markets Oil rises as OPEC+ poised to act if demand weakens LONDON: Oil prices climbed on Friday after the producer group OPEC+ said it could review its production hike policy... Updated 03 Dec, 2021 04:20pm
Markets OPEC+ agrees to go ahead with oil output rise, as US pressure trumps virus scare OPEC+ agrees to add another 400,000 bpd in January Published 02 Dec, 2021 10:21pm
Markets US oil may test $64.55; no sign of end to drop SINGAPORE: US oil may test a support at $64.55 per barrel, a break below could cause a fall to the range of $62.54 ... Published 02 Dec, 2021 12:51pm
Markets Asia gasoline crack margins inch higher despite rising crude prices SINGAPORE, Asia’s gasoline crack edged up on Wednesday to hit a more than one-week high, extending gains even as... Published 02 Dec, 2021 03:57am
Markets OPEC+ starts two days of talks amid oil price slide, Omicron fears LONDON: OPEC and its allies began two days of meetings on Wednesday to decide whether to release more oil into the... Published 02 Dec, 2021 03:57am
Markets OPEC+ starts two days of talks amid oil price slide, Omicron fears LONDON: OPEC and its allies began two days of meetings on Wednesday to decide whether to release more oil into the... Published 01 Dec, 2021 11:38pm
Markets Oil rises 2% to one-week high after US taps emergency reserves NEW YORK: Oil prices rose to a one-week high on Tuesday after a move by the United States and other consumer nations... Updated 23 Nov, 2021 09:53pm
Markets Oil steadies near $80 after US taps emergency reserves LONDON: Oil prices steadied near $80 a barrel on Tuesday after the United States announced plans to release up to 50... Published 23 Nov, 2021 06:21pm
Markets US to release oil from reserves after OPEC+ rebuffs call for more crude WASHINGTON: The United States said on Tuesday it would release 50 million barrels of oil from strategic reserves in ... Published 23 Nov, 2021 05:48pm
Markets India to release 5mn bbls oil from strategic reserves in coordination with other buyers NEW DELHI: India will release 5 million barrels of oil from its strategic reserves in coordination with other buyers... Published 23 Nov, 2021 05:46pm
Markets Oil prices retreat in face of supply and demand pressures LONDON: Oil prices fell on Monday as rising COVID-19 cases in Europe and a potential release of Japanese oil ... Updated 22 Nov, 2021 05:32pm
Markets Japan considers releasing oil reserves to curb prices TOKYO: Japan's government is considering releasing oil from its reserves in response to rising crude oil prices,... Published 20 Nov, 2021 10:40am
Markets Oil drops below $80 on European COVID concerns LONDON: Oil prices dropped below $79 a barrel on Friday as a fresh surge in COVID-19 cases in Europe threatened to... Published 19 Nov, 2021 05:46pm
Markets Oil near six-week low as China readies crude reserve release LONDON: Oil prices slid to six-week lows on Thursday before recovering some ground, as China said it was moving to... Published 18 Nov, 2021 04:09pm
Markets Oil prices slide as China readies release of crude from strategic reserves TOKYO: Oil prices fell on Thursday, adding to an overnight plunge as China said it was moving to release reserves... Published 18 Nov, 2021 09:48am
BR Research Oil price: Respite in sight? As the Opec Plus members slowly unwind the production moving deep into the phased ramping up of oil supplies, early... Published 18 Nov, 2021 07:15am
Markets Oil drops on oversupply warnings, rising COVID-19 cases LONDON: Oil prices fell on Wednesday after the International Energy Agency (IEA) and OPEC warned of impending... Published 17 Nov, 2021 08:11pm
Markets Rosneft says oil price may reach $120/bbl in H2 2022: TASS MOSCOW Oil prices may rise to $120 per barrel in the second half of 2022, a senior manager at Russian energy giant... Published 17 Nov, 2021 04:22am
Markets OPEC chief urges caution amid signs of oil surplus building ABU DHABI: OPEC is seeing signs of an oil supply surplus building up next month so its members and allies will have... Published 16 Nov, 2021 04:31pm