24th successive decline: rupee depreciates against US dollar, settles over 230 Currency loses Re0.48 to close at 230.15 in inter-bank market Updated 23 Jan, 2023 10:01pm
Markets Oil prices rise further on stronger China outlook LONDON: Oil prices rose by 1% on Monday to $88.50 a barrel, extending last week’s gains on the back of a stronger... Updated 23 Jan, 2023 06:21pm
Markets Yellen says Russian oil price cap could save African countries $6bn annually DAKAR: Russia’s war against Ukraine is hitting Africans particularly hard by exacerbating food insecurity and... Published 23 Jan, 2023 08:13am
Markets Oil up more than 1pc, on track for second week of gains NEW YORK: Oil rose by about $1 a barrel on Friday and headed for a second straight weekly gain, spurred largely by... Published 23 Jan, 2023 08:05am
Markets Major Gulf stocks rise on higher oil prices DUBAI: Most major Gulf markets ended higher on Sunday, reflecting Friday’s rise in oil prices driven by prospects... Published 23 Jan, 2023 08:00am
Markets Pakistan will pay for Russian energy purchases in currency of friendly countries: Russian official Russian energy minister says both countries have agreed on late March as timeline for crude oil export to Pakistan Updated 20 Jan, 2023 05:56pm
Markets 23rd straight fall: rupee depreciates against US dollar, settles near 230 Currency loses Re0.52 to close at 229.67 in inter-bank market Updated 20 Jan, 2023 06:43pm
Markets Oil heads for second week of gains on China demand outlook LONDON: Oil rose on Friday and was heading for a second straight weekly gain, spurred largely by brightening... Updated 20 Jan, 2023 08:38pm
Markets Oil prices edge up as rising US inventories dampen demand optimism BENGALURU: Oil prices were up marginally in a volatile session on Thursday, after a surprise build in US crude ... Published 20 Jan, 2023 06:10am
Markets Oil prices up 1pc to near 7-week high NEW YORK: Oil prices rose about 1% on Wednesday to their highest since early December on a drop in the US dollar and... Published 19 Jan, 2023 06:31am
Markets Gasoil margins fall on cautious sentiment amid firm oil SINGAPORE: Asia’s 10-ppm sulphur gasoil margins extended losses on cautious trading sentiment amid firmer oil... Published 19 Jan, 2023 05:58am
Markets At Davos, Saudi Arabia says curbing oil dependency a priority DAVOS: Saudi Arabia is working to reduce its reliance on oil exports, Economy Minister Faisal Al-Ibrahim said... Published 18 Jan, 2023 04:21pm
Markets Oil prices up 1% to near 7-week high on China recovery hopes NEW YORK: Oil prices rose about 1% on Wednesday to their highest since early December on a drop in the US dollar and... Updated 18 Jan, 2023 11:13pm
Markets Oil prices hit two-week highs NEW YORK: Oil prices rose to their highest in two weeks on Tuesday after China posted weak but expectation-beating... Published 18 Jan, 2023 06:22am
Markets Asia spot 380-cst HSFO extends gains SINGAPORE: Asia’s spot cash differential for 380-cst high sulphur fuel oil (HSFO) extended gains to a second... Published 18 Jan, 2023 06:22am
Markets 20th straight loss: rupee depreciates against US dollar Currency loses Re0.32 to close at 228.66 in the inter-bank market Updated 17 Jan, 2023 08:08pm
Markets Oil prices hit two-week highs on hopes of China demand rebound LONDON: Oil prices rose to their highest in two weeks on Tuesday after China posted weak but expectation-beating... Updated 17 Jan, 2023 08:08pm
Markets Gasoil margins, premiums higher on China refinery outage SINGAPORE: Asia’s 10-ppm sulphur gasoil margins and premiums opened the week higher on worries of slightly tighter... Published 17 Jan, 2023 06:02am
Markets Indian shares fall as foreign outflows persist BENGALURU: Indian shares ended lower in a volatile session on Monday, weighed down by continued foreign investor... Published 17 Jan, 2023 06:02am
Markets VLSFO premium rises for fifth straight session SINGAPORE: The spot cash premium for 0.5% very low sulphur fuel oil (VLSFO) rose for a fifth consecutive day on... Published 17 Jan, 2023 06:02am
Markets Oil still in sight of recent highs on Chinese demand recovery hopes NEW YORK: Oil prices slipped on Monday but were holding near their highest this month as easing COVID restrictions ... Published 17 Jan, 2023 06:02am
Markets 19th successive loss: rupee falls against US dollar Currency loses Re0.19 to close at 228.34 in the inter-bank market Updated 16 Jan, 2023 07:26pm
Markets Oil near 2023 highs on Chinese demand recovery expectations LONDON: Oil prices held near this year’s highs on Monday as easing COVID restrictions in China raised expectations... Updated 16 Jan, 2023 04:50pm
Markets Oil posts biggest weekly gain since October NEW YORK: Oil prices settled more than a dollar a barrel higher on Friday, notching their biggest weekly gains since... Published 16 Jan, 2023 06:18am
Markets Oil prices may be kept unchanged ISLAMABAD: Based on the existing petroleum levy (PL) and general sales tax (GST) on petroleum products, an estimated... Published 14 Jan, 2023 06:22am
Markets Most Gulf markets rise on higher oil prices DUBAI: Most major Gulf equities closed higher on Thursday, tracking global peers and oil prices higher on optimism... Published 13 Jan, 2023 06:05am
Markets Oil up more than $1 on US inflation data NEW YORK: Oil prices rose by more than $1 a barrel on Thursday, extending gains after figures showed U.S consumer... Published 13 Jan, 2023 06:05am
Markets Oil up more than $1/bbl on US inflation data, demand hopes NEW YORK: Oil prices rose by more than $1 a barrel on Thursday, extending gains after figures showed US consumer... Updated 12 Jan, 2023 09:55pm
Markets Oil gains 2pc on optimism over global economy NEW YORK: Oil prices rose 2 percent to a one-week high on Wednesday as hopes for an improved global economic outlook... Published 12 Jan, 2023 06:59am
Markets Oil rises 1pc as petroleum demand likely to touch record next year HOUSTON: Oil prices climbed marginally on Tuesday as the US government forecast record global petroleum consumption... Published 11 Jan, 2023 05:53am