Oil prices down on recession worries NEW YORK: Oil prices plummeted more than 3% on Friday as global recession fears and weak oil demand, especially in... Published 16 Oct, 2022 03:53am
Markets Rupee ends week with marginal decline, settles at 218.43 against US dollar Cumulatively, rupee has appreciated Rs21.17 or 9.7% against the US dollar in the past sixteen sessions Updated 14 Oct, 2022 06:18pm
Markets Oil prices rise on low diesel stocks ahead of winter HOUSTON: Oil prices traded about $1 higher on Thursday, reversing course as low levels of diesel inventory ahead of... Published 14 Oct, 2022 03:39am
Markets Oil prices rise on low diesel stocks ahead of winter HOUSTON: Oil prices traded about $1 higher on Thursday, reversing course as low levels of diesel inventory ahead of... Updated 13 Oct, 2022 09:07pm
Markets Winning streak ends: rupee registers marginal loss against US dollar Cumulatively, rupee has appreciated Rs21.82 or 10% against the US dollar in the past fourteen sessions Updated 12 Oct, 2022 09:28pm
Markets Oil down on strong dollar, worries about recession and hawkish Fed talk NEW YORK: Oil futures fell for a third day on Wednesday, as worries about a weaker fuel demand outlook and rising... Updated 12 Oct, 2022 09:38pm
World Top Democrat urges US block on weapons sales to Riyadh WASHINGTON: A powerful US senator called Monday for Washington to freeze all cooperation with Saudi Arabia over its... Published 12 Oct, 2022 05:46am
Markets Oil falls on fears of global recession, China Covid flare-up LONDON: Oil prices fell about 2% on Tuesday, extending the previous session’s almost 2% decline, as recession ... Published 12 Oct, 2022 05:46am
Markets Oil exports helping cushion Russian economy: IMF MOSCOW: Russia’s recession will be less severe than expected due to oil exports and relatively stable domestic... Published 11 Oct, 2022 06:57pm
Markets Dollar gains, yen flirts with intervention levels The dollar loomed large over fragile financial markets on Tuesday, with worries about rising interest rates, global... Published 11 Oct, 2022 10:19am
Markets Oil falls on fears of global recession, China COVID flare-up LONDON: Oil prices fell about 2% on Tuesday, extending the previous session’s almost 2% decline, as recession fears... Updated 11 Oct, 2022 07:22pm
Markets Front-month 180-cst HSFO crack slumps to record low SINGAPORE: The front-month crack for 180-cst high sulphur fuel oil (HSFO) slumped to a record low on Monday, as more... Published 11 Oct, 2022 07:09am
Markets Oil eases as recession fears offset tight supply prospects NEW YORK: Oil prices fell by about 1% on Monday as investors weighed economic storm clouds that could foreshadow a... Published 11 Oct, 2022 05:54am
Markets 12th successive gain: Rupee settles under 218 against US dollar Cumulatively, rupee has appreciated Rs21.73 or 10% against the US dollar in the past twelve sessions Updated 10 Oct, 2022 06:37pm
Markets Japanese rubber futures extend gains on stronger crude prices SINGAPORE: Japanese rubber futures rallied for a third consecutive session on Friday, supported by stronger crude... Published 08 Oct, 2022 03:25am
Business & Finance Oil jumps 4pc to 5-week high lifted by OPEC+ output cut NEW YORK: Oil prices jumped about 4% to a five-week high on Friday, lifted again by an OPEC+ decision this week to... Updated 08 Oct, 2022 10:23am
Markets Oil up 3% to 5-week high on more lift from OPEC+ output cut Oil kept rallying even as the dollar moved higher after data showing the U.S. economy was creating jobs at a strong pace gave the Federal Reserve a reason to continue hefty interest rate hikes Updated 07 Oct, 2022 09:46pm
Markets Japanese rubber climbs SINGAPORE: Japanese rubber futures rose on Thursday, supported by stronger crude prices, although trading remained... Published 07 Oct, 2022 05:59am
Markets HSFO margins decline SINGAPORE: Asia’s refining margins for 180-cst high sulphur fuel oil edged down on Thursday, as inventories at the... Published 07 Oct, 2022 05:59am
Markets Palm oil rises KUALA LUMPUR: Malaysian palm oil futures rose on Thursday for a sixth session and their highest close in nearly two... Published 07 Oct, 2022 05:59am
Markets Oil at 3-week high on cuts to OPEC+ output targets NEW YORK: Oil prices held at three-week highs on Thursday after OPEC+ agreed to tighten global crude supply with a... Published 07 Oct, 2022 05:59am
Markets Oil near three-week high on cuts to OPEC+ output targets LONDON: Oil prices held near three-week highs on Thursday after OPEC+ agreed to tighten global crude supply with a... Updated 06 Oct, 2022 06:49pm
Markets US natgas higher on firmer crude oil prices NEW YORK: US natural gas futures rose for a second straight session on Wednesday, tracking gains in crude oil, and... Published 06 Oct, 2022 05:59am
Markets Oil rises to 3-week highs NEW YORK: Oil prices rose on Wednesday to three-week highs, as OPEC+ agreed to its deepest cuts to production since... Published 06 Oct, 2022 05:59am
Print OPEC+ agrees deep oil production cuts VIENNA/LONDON: OPEC+ agreed steep oil production cuts on Wednesday, curbing supply in an already tight market,... Published 06 Oct, 2022 05:59am
World Biden ‘disappointed’ with OPEC+’s ‘shortsighted’ output cut WASHINGTON: President Joe Biden is “disappointed” with the OPEC+ cartel’s decision to slash oil production output... Published 05 Oct, 2022 09:17pm
Markets OPEC+ agrees major oil output cut VIENNA: OPEC and its Russia-led allies agreed on a major cut in oil production on Wednesday, a move to prop up... Published 05 Oct, 2022 08:01pm
Markets Oil prices jump $3/bbl NEW YORK: Oil prices rose by about $3 a barrel on Tuesday on expectations of a large cut in crude output from the... Published 05 Oct, 2022 05:49am
Markets Oil prices jump $3/bbl ahead of OPEC+ meeting to discuss supply cuts NEW YORK: Oil prices rose by about $3 a barrel on Tuesday on expectations of a large cut in crude output from the... Updated 04 Oct, 2022 09:14pm
Markets Oil jumps more than $3 as OPEC+ weighs biggest output cut since 2020 HOUSTON: Oil prices jumped more than $3 a barrel on Monday as OPEC+ considered reducing output by more than 1 ... Published 04 Oct, 2022 05:55am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?