Oil edging higher supported by the prospect of a tight market HOUSTON: Oil prices edged higher on Friday supported by the prospect of a tight market due to rising gasoline... Published 28 May, 2022 05:11am
Markets PTI Punjab condemns hike in oil prices LAHORE: The Pakistan Tehreek-e-Insaf (PTI) Punjab senior leaders on Friday condemned the increase in the prices of... Published 28 May, 2022 05:11am
Markets Brent could push past $150/bbl if Russian oil exports shrink: Bank of America Global oil benchmark Brent crude could rise past $150 a barrel if there is a sharp contraction in Russian oil... Published 27 May, 2022 04:49pm
Markets After a 16-session losing streak, rupee gains in spectacular fashion Closes at 199.76 against the US dollar after 1.13% gain on Friday Currency's gain comes on back of positive market sentiment after govt jacked up fuel prices and moved a step closer to reviving IMF programme Updated 27 May, 2022 09:29pm
Markets India has no plans to curb rice exports as local supplies surge NEW DELHI: India does not plan to curb rice exports as the world’s biggest exporter of the staple has sufficient... Published 27 May, 2022 10:31am
Markets Oil jumps to 2-month high on tight supplies NEW YORK: Oil prices climbed about 3% to a two-month high on Thursday on signs of tight supply ahead of US summer... Published 27 May, 2022 05:50am
Markets Oil jumps 3% to 2-month high as EU seeks to ban Russian crude NEW YORK: Oil prices rose about 3% to a two-month high on Thursday on signs of tight supply ahead of U.S. summer... Updated 26 May, 2022 10:18pm
Markets Oil edges higher on tight supply, rising US refining activity NEW YORK: Oil prices rose slightly on Wednesday, buoyed by tight supplies and as US refiners drove processing... Published 26 May, 2022 05:26am
Markets Oil edges higher on tight supply, surge in U.S. refining activity NEW YORK: Oil prices rose on Wednesday, buoyed by tight supplies and as U.S. refiners drove processing activity to... Updated 25 May, 2022 08:39pm
Markets Asia’s naphtha margin slides to two-year low NEW DELHI: Asia’s naphtha crack extended losses on Tuesday to hit May 2020 lows, as supplies from top exporter... Published 25 May, 2022 04:40am
Markets Oil little changed in choppy trade; US says export ban not ruled out NEW YORK: Oil prices were little changed on Tuesday in choppy trade after the US energy secretary said Washington ... Published 25 May, 2022 04:40am
Markets Oil rises as tight supply counters economy fears and China curbs LONDON: Oil edged higher on Tuesday, recovering earlier losses, as tight global supply and an expected pick-up in... Updated 24 May, 2022 07:12pm
Markets Oil steadies as recession worry offsets higher demand outlook HOUSTON: Oil prices were little changed on Monday, as worries over a possible recession offset an outlook for higher... Published 24 May, 2022 05:35am
Markets Wheat, soybeans edge higher on weather woes, firmer oil prices MUMBAI: US grains futures edged higher on Monday, lifted by a weaker dollar, gains in crude oil and as adverse... Published 23 May, 2022 10:05am
Markets Oil steadies as economic growth worries counter supply risks NEW YORK: Oil prices steadied on Friday, setting them on course for little change on the week, as a planned European... Published 21 May, 2022 04:34am
Markets Oil swings wildly, rebounding to gains after steep losses NEW YORK: Oil prices rebounded from earlier losses in another volatile session on Thursday as Chinese officials... Published 20 May, 2022 06:32am
Markets Ogra chief vows to implement ordinance in true letter & spirit ISLAMABAD: Oil and Gas Regulatory Authority (Ogra) Chairman, Masroor Khan, has reiterated his commitments to... Published 19 May, 2022 06:14am
Markets Most Gulf markets rise; Dubai down DUBAI: Most stock markets in the Gulf extended gains from the previous session to end higher on Wednesday as crude... Published 19 May, 2022 05:29am
Markets Oil falls 2% as US refiners ramp up output, equities retreat HOUSTON: Oil prices reversed course and fell over 2% on Wednesday after government data showed U.S. refiners ramped... Updated 18 May, 2022 09:47pm
Markets Oil jumps to 7-wk high, then dips on hopes for Venezuela supply NEW YORK: Oil prices jumped over $115 a barrel on Tuesday, their highest in about seven weeks, as the European Union... Published 18 May, 2022 05:54am
Markets Oil rises to 7-week high on EU’s Russian oil ban effort, demand hopes NEW YORK: Oil prices rose to over $115 a barrel on Tuesday, their highest in about seven weeks, supported by the... Updated 17 May, 2022 09:38pm
BR Research Oil prices: volatile but high While remaining on the higher band, international crude oil prices have seen some slippage in recent weeks as demand... Published 17 May, 2022 08:14am
Markets Most Gulf bourses in red as fears over economy grow DUBAI: Saudi Arabia’s stock market gave up early gains to end lower on Monday, as investor sentiment struggled to... Published 17 May, 2022 05:39am
Markets Oil prices rise on China demand optimism, gasoline strength NEW YORK: Oil prices rose on Monday on optimism that China would see significant demand recovery after positive ... Published 17 May, 2022 05:39am
Markets ‘Govt’s decision to keep oil prices unchanged political move’ KARACHI: The government’s decision to keep the price of oil unchanged is a political move in the context of the... Published 17 May, 2022 05:39am
Markets Saudi expects 13 million bpd oil capacity by 2027: minister MANAMA: Saudi Arabia expects to ramp up its daily oil production capacity by more than one million barrels to exceed... Published 16 May, 2022 05:59pm
Markets KSE-100 plunges 1.88%, closes at 15-month low Concerns of ballooning external deficit stem from government’s decision to keep oil prices unchanged Updated 16 May, 2022 06:20pm
Markets Oil prices rise on China demand optimism, gasoline strength NEW YORK: Oil prices rose on Monday on optimism that China would see significant demand recovery after positive... Updated 16 May, 2022 10:36pm
Markets Saudi Aramco says Q1 profits jump 82pc as oil prices surge RIYADH: Saudi Aramco on Sunday posted an 82-percent jump in first quarter profits, buoyed by a global surge in oil... Published 16 May, 2022 05:42am
Markets Saudi bourse rebounds; Aramco’s profit soars 82pc in Q1 DUBAI: Saudi Arabia’s stock market rebounded on Sunday, after a sharp decline in the previous session, while the... Published 16 May, 2022 05:42am