US sanctions two tanker owners for carrying Russian oil above price cap WASHINGTON: The US on Thursday imposed the first sanctions on owners of tankers carrying Russian oil above the G7... Published 13 Oct, 2023 05:50am
Markets Oil prices rise on expectations NEW YORK: Oil prices rose on Thursday on expectations that US interest rates had peaked, but gains were capped by a... Published 13 Oct, 2023 05:50am
Markets Most Gulf shares rise on strong oil DUBAI: Most stock markets in the Gulf rose on Thursday, tracking higher oil prices, while traders kept an eye on the... Published 13 Oct, 2023 05:50am
Opinion Debt and austerity: developing world deep in economic crises In its ‘World Economic Outlook, October 2023’ Report, the International Monetary Fund (IMF) has said that ‘The... Updated 13 Oct, 2023 06:40am
Markets IEA says risk of oil supply disruptions is limited PARIS: The International Energy Agency said on Thursday the risk of oil supply disruptions due to the conflict... Published 12 Oct, 2023 02:10pm
Markets Oil rises about 1% despite surge in US crude stockpiles NEW YORK: Oil prices rose on Thursday on expectations that U.S. interest rates had peaked, but gains were capped by... Updated 12 Oct, 2023 09:21pm
World Russia, Saudi Arabia discuss oil market, prices MOSCOW: Saudi Arabia and Russia, the world’s top two oil exporters, on Wednesday discussed the situation on the ... Published 12 Oct, 2023 05:57am
Markets Indian shares extend gains as US rate woes ease BENGALURU: Indian shares advanced for the second straight session on Wednesday, in tandem with global markets, on... Published 12 Oct, 2023 05:57am
Markets Oil falls after Saudi pledge NEW YORK: Oil prices fell over 2% on Wednesday as fears of disruption to supplies due to conflict in the Middle East... Published 12 Oct, 2023 05:57am
Markets Asian FX gain on dovish Fed comments BENGALURU: Most Asian emerging market currencies and equities gained on Wednesday as dovish remarks by Federal... Published 12 Oct, 2023 05:57am
Markets Yellen says oil price cap has ‘significantly’ cut Russia’s revenues MARRAKECH: U.S. Treasury Secretary Janet Yellen on Wednesday said a G7-led price cap on Russian oil had sharply... Published 11 Oct, 2023 01:15pm
Markets Oil falls after Saudi pledge; investors keep wary eye on Israel NEW YORK: Oil prices fell over 2% on Wednesday as fears of disruption to supplies due to conflict in the Middle East... Updated 11 Oct, 2023 09:32pm
Markets Oil prices down on easing concerns HOUSTON: Oil prices fell on Tuesday on easing concerns about potential supply disruptions from the battle between... Published 11 Oct, 2023 03:10am
Markets Japanese rubber up SINGAPORE: Japanese rubber futures edged higher for a second session on Tuesday, buoyed by bullish Asian shares and ... Published 11 Oct, 2023 03:10am
Business & Finance Asian currencies edge lower on caution on ME conflict BENGALURU: Most Asian emerging market currencies edged lower on Tuesday as the conflict in the Middle East and high... Published 11 Oct, 2023 03:09am
Markets Oil slips on investor caution as market watches Middle East turmoil LONDON: Oil prices eased on Tuesday after rallying more than 4% in the previous session, with traders cautious as... Updated 10 Oct, 2023 06:12pm
World World Bank urges cooling of Israel-Gaza conflict MARRAKECH, (Morocco): The World Bank on Monday urged a “rapid de-escalation” of the fighting in Israel and Gaza... Published 10 Oct, 2023 06:19am
Markets Indian shares decline BENGALURU: Indian shares fell on Monday, dragged by a surge in oil prices due to a military conflict in the Middle... Published 10 Oct, 2023 06:19am
Markets European stocks slip amid ME conflict jitters BENGALURU: European stocks came under pressure on Monday as Mideast military clashes sparked a rush to safe-haven... Published 10 Oct, 2023 06:19am
Business & Finance Asian currencies: Indonesian rupiah, Thai baht decline as ME conflict strengthens dollar SINGAPORE: The currencies of net oil importers Indonesia and Thailand fell each lost ground on Monday, as the US... Published 10 Oct, 2023 06:19am
Business & Finance BMP demands govt slash oil prices LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’ Businessmen Panel (BMP) has asked the... Updated 09 Oct, 2023 09:37am
Markets Oil prices hold steady, Russia rolls back diesel export ban LONDON: Oil prices were stable but on course for a week-on-week loss, as demand fears due to macroeconomic headwinds... Published 08 Oct, 2023 03:12am
Markets Rupee records 22nd consecutive gain, settles at 282.69 against US dollar Local currency has appreciated 8.6% since it hit a record low of 307.1 in inter-bank market on Sept 5 Updated 06 Oct, 2023 11:51pm
BR Research Oil: Enter the bears The oil bull rally finally lost steam. Having threatened to touch the magical $100/bbl and go beyond – just two... Published 06 Oct, 2023 08:51am
Markets Oil prices decline HOUSTON: Oil prices fell about 2% on Thursday, extending the previous session’s nearly 6% losses, as an uncertain... Published 06 Oct, 2023 03:03am
Markets Putin orders regulated prices for fuel oil in some Russian regions MOSCOW: Russian President Vladimir Putin has ordered the government to provide state funds to ensure a smooth... Published 05 Oct, 2023 01:35pm
Markets Oil prices fall again; demand worries outweigh tight supply HOUSTON: Oil prices dipped on Thursday as an uncertain demand outlook overshadowed an OPEC+ decision to maintain oil... Updated 05 Oct, 2023 08:45pm
Markets Most Gulf markets track oil, global shares lower DUBAI: Most stock markets in the Gulf ended lower on Wednesday tracking oil prices and global shares lower as... Published 05 Oct, 2023 06:23am
Markets Oil prices dive NEW YORK: Oil prices tumbled by more than 4% on Wednesday following reports that Russia may lift its diesel ban in... Published 05 Oct, 2023 06:23am
Markets OPEC+ panel holds oil policy steady as Saudi keeps oil cuts LONDON/MOSCOW/DUBAI: An OPEC+ ministerial panel which met on Wednesday made no changes to the group’s current oil... Published 04 Oct, 2023 05:41pm
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees