Oil hits 3-week high on easing COVID curbs in China, U.S. production shut-ins HOUSTON: Oil hit a three-week high on Tuesday as China’s latest easing of COVID-19 restrictions spurred hopes of a... Updated 27 Dec, 2022 10:09pm
BR Research LNG price steadies; supply scarce Winters, gas shortfall, mad dash for imported gas. It keeps coming back every year and 2022 is not any different.... Published 27 Dec, 2022 09:33am
Markets Rupee registers fifth consecutive loss against US dollar Currency settles at 225.82 in inter-bank market on Monday Updated 26 Dec, 2022 09:55pm
Business & Finance Oman sees 2023 budget deficit at 3pc of GDP DUBAI: Oman is forecasting a 1.3 billion rial ($3.39 billion) deficit in its 2023 budget, or 3% of gross domestic... Published 26 Dec, 2022 06:24am
Markets Oil rises $3/bbl after Russia signals output cut due to price cap NEW YORK: Oil prices settled about $3 per barrel higher on Friday for a second straight week of gains after Moscow... Published 26 Dec, 2022 05:48am
Opinion Oily matters - III Deregulating the oil sector: Business circles in the oil sector have been lobbying for deregulating the oil sector,... Published 25 Dec, 2022 03:29am
Markets Rupee remains under stress against US dollar Currency settles at 225.64 in inter-bank market Updated 23 Dec, 2022 07:51pm
Markets Oil rises after Russia says it could cut output due to price cap NEW YORK: Oil prices rose by $2 per barrel on Friday after Moscow said it could cut crude output in response to the... Updated 23 Dec, 2022 09:20pm
Markets US oil may retest support at $77.16 SINGAPORE: U.S. oil may retest a support at $77.16 per barrel, a break below which could open the way towards... Published 23 Dec, 2022 10:51am
Markets Oil steadies as rate hike fears counter tighter US stockpiles NEW YORK: Oil steadied on Thursday after hitting its highest price in two and a half weeks as the impact of tighter... Published 23 Dec, 2022 05:54am
Markets 380-cst HSFO market firms SINGAPORE: The 380-cst high sulphur fuel oil (HSFO) market firmed on Wednesday amid stronger bids, while ... Published 22 Dec, 2022 05:57am
Markets Oil prices rise over $2 on drawdown in US crude stocks HOUSTON: Oil prices rose by more than $2 on Wednesday after data showed a larger-than-expected draw in US crude... Published 22 Dec, 2022 05:57am
Markets Oil prices pare gains on US winter storm worries NEW YORK: Oil prices rose on Tuesday but pared gains as a worsening outlook for a major US winter storm sparked ... Published 21 Dec, 2022 06:05am
Markets Rupee under duress, settles at 225.12 against US dollar Currency registers depreciation of 0.08% in inter-bank market Updated 20 Dec, 2022 06:57pm
Markets Oil prices rise but China’s COVID surge limits gains LONDON: Oil prices rose on Tuesday, supported by a softer dollar and a U.S. plan to restock petroleum reserves, but... Updated 20 Dec, 2022 05:45pm
Markets Oil supports most Gulf markets DUBAI: Most stock markets in the Gulf edged higher on Monday supported by gains in oil prices, while the Saudi index... Published 20 Dec, 2022 05:58am
Markets Oil edges higher as recession fears drag down hopes for China’s economy NEW YORK: Oil prices edged higher on Monday, as fears of a global recession limited gains from optimism that China ... Published 20 Dec, 2022 05:58am
Markets Rupee remains stable against US dollar in inter-bank market Currency ends session unchanged at 224.94 Updated 19 Dec, 2022 08:48pm
Markets Rupee remains under pressure against US dollar Currency settles with depreciation of 0.1% in the inter-bank market on Friday Updated 16 Dec, 2022 06:11pm
Markets Oil prices slide 2pc as dollar firms and central banks hike interest rates NEW YORK: Oil prices slid about 2% on Thursday as traders worried about the fuel demand outlook due to a stronger... Published 16 Dec, 2022 05:58am
Markets Oil dips as dollar firms after Fed flags more rate hikes LONDON: Oil prices steadied on Thursday after early losses as the U.S. dollar firmed while the possibility of... Updated 15 Dec, 2022 08:52pm
BR Research Brain drain? Nothing never seen before! Much has been made of the exodus of Pakistan’s “talent” – the pace of which is believed to have increased... Published 15 Dec, 2022 07:36am
Markets Oil prices rise by $2 amid forecasts for 2023 demand uptick LONDON: Oil prices rose more than $2 on Wednesday after OPEC and the International Energy Agency (IEA) both forecast... Published 15 Dec, 2022 06:00am
BR Research Oil’s topsy turvy ride After spiking for some time, crude oil prices tumbled in early December on concerns of continued weakening of the... Published 14 Dec, 2022 09:00am
Markets Rupee continues to struggle, settles at 224.70 against US dollar Currency settles with a 0.02% decline in inter-bank market Updated 13 Dec, 2022 06:18pm
Opinion Investors on alert for policy error after cheering slower rate hikes Central banks are starting to slow aggressive rate rises but are far from done even as recession looms, leaving... Published 13 Dec, 2022 05:58am
Markets Oil jumps on supply risks, ongoing Keystone outage NEW YORK: Oil prices gained more than $2 a barrel on Monday on supply jitters, as a key pipeline supplying the ... Published 13 Dec, 2022 05:58am
Markets Rupee under duress, settles at 224.65 against US dollar Currency records depreciation of 0.11% against the greenback in inter-bank market Updated 12 Dec, 2022 07:32pm
Business & Finance Russian rouble firms towards 62 against dollar MOSCOW: The rouble strengthened towards 62 against the dollar on Friday, recouping some of the losses sustained this... Published 12 Dec, 2022 06:07am
Markets TSX posts biggest weekly decline since Sept as oil tumbles TORONTO: Canada’s main stock index closed lower on Friday for a sixth straight session as weaker oil prices ... Published 12 Dec, 2022 06:07am