Oil outshines stocks and dollar in 2022 LONDON: Oil prices are proving resilient to global economic recession fears and have outperformed major equity... Published 02 Aug, 2022 06:31am
Markets Oil outshines stocks and dollar in 2022 LONDON: Oil prices are proving resilient to global economic recession fears and have outperformed major equity... Published 01 Aug, 2022 10:03pm
Markets Russia increased oil and gas condensate output by 2% m/m in July MOSCOW: Russia increased daily oil and gas condensate output in July by 2% from the previous month to 1.468 million... Published 01 Aug, 2022 01:31pm
Markets Oil sinks after weak factory data sparks demand concerns NEW YORK: Oil prices dropped sharply on Monday as weak manufacturing data in several countries weighed on the demand... Updated 01 Aug, 2022 10:13pm
Markets VLSFO spread narrows 7pc in July SINGAPORE: The HiLo fuel oil spread, which is the price difference between front-month 0.5% very low sulphur fuel ... Published 31 Jul, 2022 05:39am
Markets Tokyo rubber futures rise SINGAPORE: Japanese rubber futures rose on Friday, tracking gains in the Shanghai market and on expectation that... Published 31 Jul, 2022 05:39am
Markets Oil prices surge $4/bbl as chances of OPEC+ supply boost dim NEW YORK: Oil prices jumped more than $4 a barrel on Friday as attention turned to next week’s OPEC+ meeting and... Published 30 Jul, 2022 03:39am
Business & Finance ExxonMobil profits surge to $17.9bn on lofty commodity prices NEW YORK: ExxonMobil’s profits nearly quadrupled to $17.9 billion in results released Friday that underscored the... Published 29 Jul, 2022 05:19pm
Markets Oil prices up nearly $3/bbl as chances of OPEC+ supply boost dim NEW YORK: Oil prices rose nearly $3 a barrel on Friday as attention turned to next week's OPEC+ meeting and dimming... Updated 29 Jul, 2022 11:36pm
Markets Oil prices, solid earnings boost major Gulf markets; Abu Dhabi retreats DUBAI: Most major Gulf stock markets ended higher on Thursday buoyed by rising oil prices and solid corporate... Published 29 Jul, 2022 06:14am
Markets Oil mixed as US gasoline demand rebounds but recessionary fears loom NEW YORK: Oil prices were mixed on Thursday, as concerns about a potential global recession that would knock energy... Published 29 Jul, 2022 06:14am
Print MoF depicts a bleak picture of economy ISLAMABAD: The Finance Division has emphasized the intense need for a successful completion of the International... Updated 29 Jul, 2022 09:20am
Markets OPEC+ to weigh holding oil output steady or small hike, sources say LONDON: OPEC and its allies will consider keeping oil output unchanged for September when they meet next week,... Published 28 Jul, 2022 09:21pm
Markets Saudi crude prices to Asia may hit record highs in September SINGAPORE: Top oil exporter Saudi Arabia could raise September crude prices for customers in Asia for a third month... Published 28 Jul, 2022 04:28pm
Markets Oil rises as risk appetite improves, but recessionary fears loom NEW YORK: Oil prices edged higher in choppy trade on Thursday, buoyed by improved risk appetite among investors as... Updated 28 Jul, 2022 09:07pm
Markets Oil rises on US inventory drop, Russian gas cuts Oil rose by $2 a barrel on Wednesday as a report of lower inventories in the United States and cuts in Russian gas... Updated 27 Jul, 2022 09:59pm
Markets Oil falls on additional SPR release, lower consumer confidence NEW YORK: Oil prices fell on Tuesday, paring gains made earlier in the session on lower consumer confidence and the... Published 27 Jul, 2022 05:23am
Markets Oil rises for a second day on supply tightness concerns LONDON: Oil prices rose on Tuesday for a second day on increasing concerns about tightening European supply after... Updated 26 Jul, 2022 03:55pm
Markets Oil rises as dollar strength eases, but Fed weighs HOUSTON: Oil prices rose over 1% on Monday, bolstered by supply fears, a dip in the US dollar and stronger equity... Published 26 Jul, 2022 04:31am
Markets Oil rises as dollar strength eases, but Fed weighs HOUSTON: Oil prices rose on Monday, bolstered by supply fears, a dip in the U.S. dollar and stronger equity markets,... Updated 25 Jul, 2022 09:15pm
Markets Oil prices rise 1pc on supply concerns after price cap on Russian oil HOUSTON: Oil prices rose more than 1% on Friday after Russia said it won’t supply crude to countries that decide ... Published 23 Jul, 2022 04:10am
Markets Iraq can boost oil output by 200,000 bpd this year if asked: BOC BASRA: Iraq has the capacity to increase its oil production by 200,000 barrel per day (bpd) this year if asked, an... Published 22 Jul, 2022 09:55pm
Markets Oil prices tick up on supply concerns after price cap on Russian oil HOUSTON: Oil prices edged up on Friday in choppy trading after Russia said it will not supply crude to countries... Updated 22 Jul, 2022 08:52pm
Markets Oil slumps on gasoline stockpiles, rate hikes and resuming supply NEW YORK: Oil prices were down about $3 a barrel on Thursday on higher US gasoline stockpiles and after a European... Published 22 Jul, 2022 06:07am
Markets Nasdaq rises as Tesla posts strong earnings The Nasdaq edged higher on Thursday boosted by gains in electric automaker Tesla on its better-than-expected... Published 22 Jul, 2022 12:04am
Markets Oil prices slump as stockpiles and rate hikes stoke demand fears LONDON: Oil prices fell by more than $5 on Thursday after higher U.S. gasoline stockpiles and an ECB rate hike... Updated 21 Jul, 2022 06:30pm
Markets Oil slips on lacklustre US summer gasoline demand NEW YORK: Oil prices slipped on Wednesday, after US government data showed lower gasoline demand during the peak... Published 21 Jul, 2022 05:40am
Markets Oil prices fall after US data shows lackluster gasoline demand NEW YORK: Oil prices fell on Wednesday, after U.S. government data showed lower gasoline demand during the peak... Updated 20 Jul, 2022 09:08pm
Markets Oil rises 1pc as tight supply outweighs economic worries NEW YORK: Oil prices edged up about 1% to a two-week high in volatile trade on Tuesday as the market focused more on... Published 20 Jul, 2022 07:05am
Markets Saudi Arabia crude exports dip to 4-month low in May Saudi Arabia's crude oil exports in May slipped to a four-month low at 7.050 million barrels per day, data from the... Published 19 Jul, 2022 07:02pm