Palm falls over 2pc as concerns over China demand weigh KUALA LUMPUR: Malaysian palm oil futures closed lower on Thursday, as traders awaited clarity on Indonesia’s ... Published 13 May, 2022 05:59am
Markets Indian shares hit two month-low BENGALURU: Indian shares on Wednesday fell to their lowest in two months, extending losses for a fourth straight... Published 12 May, 2022 05:40am
Markets Oil up as Russia gas flow to Europe falls, EU Russian oil ban looms NEW YORK: Oil prices jumped almost 5% on Wednesday after plunging nearly 10% in the previous two sessions, buoyed by... Published 12 May, 2022 05:40am
Markets Oil jumps as Russia gas flow to Europe falls, EU Russian oil ban looms LONDON: Oil jumped almost 5% on Wednesday after plunging nearly 10% in the last two sessions, buoyed by supply... Updated 11 May, 2022 08:18pm
Markets China oil imports rebound in April SINGAPORE: China’s crude oil imports grew nearly 7% in April from the same month a year earlier, its first rise in... Published 11 May, 2022 04:58am
Markets Most Gulf bourses in red in line with global shares DUBAI: Most stock markets in the Gulf ended lower on Monday, in line with global shares as worries about higher... Published 10 May, 2022 05:10am
Markets Oil prices tumble over 5pc, weighed down by China lockdowns NEW YORK: Oil prices sank over 5% on Monday alongside equities, as continued coronavirus lockdowns in China, the top... Published 10 May, 2022 05:10am
World Oman budget swings into surplus on oil price rise Oman’s budget recorded a surplus of 357 million rials ($929.7 million) by the end of the first quarter, boosted by a... Published 09 May, 2022 06:05pm
World Sri Lanka runs low on gas as supporters rally for embattled PM COLOMBO: Sri Lankan energy companies said on Monday they were running low on stocks of liquid petroleum gas mainly... Published 09 May, 2022 12:44pm
Markets KSE-100 suffers its biggest fall this year as panic grips PSX Benchmark index ends 3.23% lower, its biggest single-day drop in terms of percentage in 2022 Updated 09 May, 2022 07:45pm
Markets Saudi, Egypt gain as markets reopen after Eid holiday; Qatar slips DUBAI: Saudi Arabia’s stock market rose on Sunday as it reopened after a week of public holidays to celebrate Eid... Published 09 May, 2022 05:39am
Markets Saudi, Egypt gain as markets reopen after Eid holiday; Qatar slips Saudi Arabia's stock market rose on Sunday as it reopened after a week of public holidays to celebrate Eid and was... Updated 08 May, 2022 09:35pm
World Saudi Arabia lowers Arab Light oil price to Asia, Europe in June Saudi Arabia’s lowered the price of its Arab Light crude grade to Asia and Europe for the month of June, according... Published 08 May, 2022 05:48pm
Markets Oil rises 2pc, set for another weekly rise on supply concerns HOUSTON: Oil prices climbed more than 2% on Friday and were set to rise for a second consecutive week, shrugging off... Published 07 May, 2022 07:09am
Markets U.S. fuel prices surge faster than crude as exports tighten market NEW YORK: U.S. fuel prices have surged faster than crude oil prices in the last month, as the United States has... Published 06 May, 2022 11:27am
Markets Oil rises 2%, set for another weekly rise on supply concerns HOUSTON: Oil prices climbed more than 2% on Friday and were set to rise for a second consecutive week, shrugging off... Updated 06 May, 2022 09:07pm
Markets Oil steadies near $110/bbl; strong dollar offsets supply worry NEW YORK: Oil prices steadied on Thursday, under pressure from a stronger dollar and a drop in global stock markets... Published 06 May, 2022 05:03am
Markets Oil edges up on supply jitters as EU plans Russian oil ban NEW YORK: Oil prices were flat to a little higher on Thursday as a stronger US dollar offset supply concerns after... Updated 05 May, 2022 09:33pm
Markets Nasdaq, S&P 500 slide ahead of Fed decision The S&P 500 and the Nasdaq slipped on Wednesday as growth stocks lost ground, while banks gained ahead of a... Published 04 May, 2022 09:16pm
Markets Canadian dollar edges up as exports notch record high TORONTO: The Canadian dollar rose against its U.S. counterpart on Wednesday as oil prices rose and domestic data... Published 04 May, 2022 07:38pm
Markets Oil jumps 4% as EU proposes ban on Russian oil LONDON: Oil prices jumped on Wednesday as the European Union, the world’s largest trading bloc, spelled out plans to... Updated 04 May, 2022 08:07pm
Markets Investors keep power dry ahead of Fed, crude jumps LONDON: Global stocks were little changed on Wednesday as investors kept their powder dry ahead of an expected... Published 04 May, 2022 01:53pm
Markets Oil slips 1% as China lockdowns face proposed EU Russia oil ban Oil slipped 1% on Tuesday as concerns about demand being dented by China’s prolonged COVID-19 lockdowns outweighed... Updated 03 May, 2022 09:33pm
Markets Oil turns positive on supply concerns, economic data NEW YORK: Oil prices reversed course to trade in positive territory on Monday on fears supply might be crimped by a... Published 03 May, 2022 03:47am
Print OPEC oil output in April barely rises as African outages weigh: survey LONDON: The increase in OPEC’s oil output in April undershot the rise planned under a deal with allies, a Reuters... Updated 03 May, 2022 09:15am
Markets Boosted by oil prices, ExxonMobil, Chevron throw cash at investors NEW YORK: ExxonMobil and Chevron reported soaring profits Friday despite lower oil and natural gas volumes as the... Published 02 May, 2022 06:53am
Markets Asia Distillates: Gasoil, jet fuel cracks soar to record highs SINGAPORE: Asian refining margins for 10 ppm gasoil rose to a fresh all-time high on Friday, posting a weekly gain ... Published 01 May, 2022 05:11am
Print Payment of PDC for March: Ogra sees shortfall of Rs1.87bn ISLAMABAD: The Ministry of Energy was informed by the Oil and Gas Regulatory Authority (OGRA) that there was a... Updated 01 May, 2022 09:04am
Markets Palm logs record closing KUALA LUMPUR: Malaysia palm futures notched a closing record high on Friday, after marking their biggest monthly ... Published 30 Apr, 2022 05:53am
Markets Oil up for fourth day; supply fears outweigh China lockdowns NEW YORK: Oil prices rose for a fourth day on Friday as fears over Russian supply disruption outweighed the impact ... Published 30 Apr, 2022 05:53am