Gasoil margins, spot cash premiums weaken SINGAPORE: Asia’s 10 ppm sulphur gasoil margins and cash premiums fell on Thursday amid ample supply in the... Published 17 Feb, 2023 06:00am
Markets Oil steady on mixed US economic data NEW YORK: Oil prices fluctuated in a narrow range on Thursday as the market weighed mixed US economic signals and... Published 17 Feb, 2023 06:00am
Markets Rupee maintains upward trend against US dollar Currency settles at 264.38 in inter-bank market after 0.38% appreciation Updated 16 Feb, 2023 07:12pm
World World oil demand to hit record as China reopens: IEA PARIS: World oil demand is set to hit a record in 2023 as top consumer China emerges from Covid restrictions and air... Published 16 Feb, 2023 06:08am
Markets Oil drops on inventory jump but demand outlook limits losses NEW YORK: Oil prices dropped for a second day on Wednesday on signs of ample US supplies and expectations of further... Published 16 Feb, 2023 06:08am
Markets Japanese rubber futures snap 3-day losing streak on Shanghai gains SINGAPORE: Japanese rubber futures inched higher to snap a three-session losing streak on Wednesday, tracking gains... Published 16 Feb, 2023 06:08am
Print POL products’ prices jacked up ISLAMABAD: The federal government Wednesday increased the prices of petroleum products up to 8.8 percent with effect... Updated 16 Feb, 2023 08:57am
Markets Rupee continues winning momentum against US dollar Currency settles at 265.38 in inter-bank market after 0.74% appreciation Updated 15 Feb, 2023 07:47pm
Markets Oil drops on US inventory jump and interest rate worries LONDON: Oil dropped for a second day on Wednesday as an industry report pointed to ample supplies in the United... Updated 15 Feb, 2023 06:04pm
Markets Oil prices fall after US crude release lifts supply concerns BENGALURU: Oil prices fell on Tuesday after the US government said it would release more crude from its Strategic... Published 15 Feb, 2023 06:27am
Markets Palm oil rebounds on bargain-buying JAKARTA: Malaysian palm oil rose on Tuesday, snapping three days of losses, as traders sought bargain amid firmer... Published 15 Feb, 2023 06:27am
Markets Rupee makes significant strides against US dollar Currency settles at 267.34 in inter-bank market after 0.79% appreciation Updated 14 Feb, 2023 07:10pm
Markets Oil prices fall after US crude release and inflation data LONDON: Oil prices fell on Tuesday after the US government said it would release more crude from its Strategic... Updated 14 Feb, 2023 08:02pm
Markets Oil edges higher as market weighs Russian supply cuts amid demand fears HOUSTON: Oil prices edged higher on Monday, rebounding from early losses as investors weighed Russia plans to cut... Published 14 Feb, 2023 05:58am
Markets Japanese rubber futures lower SINGAPORE: Japanese rubber futures edged lower on Monday, as losses in the Shanghai market, domestic equities and... Published 14 Feb, 2023 05:58am
Markets Oil prices rise over 2pc on Russian plan to cut output NEW YORK: Oil prices rose more than 2 percent on Friday and posted weekly gains of over 8%, as Russia announced ... Published 13 Feb, 2023 05:57am
Markets Oil rebound more likely this year, $100 a barrel possible, OPEC sources say LONDON: Oil may resume its rally in 2023 as Chinese demand recovers after COVID curbs were scrapped and lack of... Published 10 Feb, 2023 10:20pm
Markets Despite no deal with IMF, rupee ends with gains against US dollar Currency settles at 269.28 in inter-bank market after 0.46% appreciation Updated 10 Feb, 2023 09:09pm
Markets Oil prices fall 1pc as US crude inventories swell NEW YORK: Oil prices fell about 1 percent on Thursday as US crude inventories swelled to their highest in months,... Published 10 Feb, 2023 03:56am
Markets Rupee gains 1.04%, closes at 270.51 against US dollar Market optimistic over expected IMF deal Currency could remain under pressure until inflows from bilateral and multilateral institutions are materialised Updated 09 Feb, 2023 05:37pm
Markets VLSFO market steadies; regional supplies ease SINGAPORE: The 0.5% very low sulphur fuel oil market in Asia held steady on Tuesday as expectations of lower ... Published 08 Feb, 2023 06:10am
Markets Oil surges over 3pc as Fed’s Powell eases rate hike concerns NEW YORK: Oil prices climbed more than 3% on Tuesday after the head of the US central bank eased market concerns ... Published 08 Feb, 2023 06:10am
Markets Gasoil margins dip to almost one-year low SINGAPORE: Asia’s 10-ppm sulphur gasoil margins softened to almost a one-year low, against a backdrop of weaker ... Published 07 Feb, 2023 06:07am
Markets Oil rises in choppy trade on China demand hopes HOUSTON: Oil prices edged higher in choppy trading on Monday as markets weighed a return in demand from China ... Published 07 Feb, 2023 06:07am
Markets Saudi Arabia raises price for March Arab Light crude to Asia: sources SINGAPORE: Saudi Arabia, the world's top oil exporter, raised prices for its flagship crude for Asian buyers for the... Updated 06 Feb, 2023 05:23pm
Markets Oil prices edge higher, growth worries limit gains LONDON: Oil prices rose on Monday from an 8% drop last week on supply concerns, but was still trading near... Updated 06 Feb, 2023 06:00pm
Markets Oil falls about 3pc as strong US jobs data prompt interest rate concerns NEW YORK: Oil prices fell to over three-week lows on Friday in a volatile session, after strong US jobs data raised... Published 06 Feb, 2023 07:17am
Business & Finance Indian refiners pay traders in dirhams for Russian oil NEW DELHI: Indian refiners have begun paying for most of their Russian oil purchased via Dubai-based traders in... Updated 04 Feb, 2023 10:15am
Print Russian oil supply likely by April Negotiations with Russia were finalised in 45 days: Petroleum State Minister Musadik Malik Updated 04 Feb, 2023 09:13pm
Markets The great fall continues: rupee settles at new all-time low of 276.58 against US dollar PM Shehbaz's statement that IMF is giving tough time to Pakistan has dented sentiment, says one analyst Updated 03 Feb, 2023 09:01pm