Australia shares slip; post first weekly jump in five on easing Omicron woes SYDNEY: Australian shares ended lower on Friday, hit by energy and technology stocks, but posted their first weekly... Published 11 Dec, 2021 04:12am
Markets Oil prices on track for biggest weekly gain since August LONDON: Oil prices were on track for their biggest weekly gain since late August, with market sentiment buoyed by... Published 11 Dec, 2021 04:12am
Markets Asia’s gasoline crack near one-month high, stocks shrink NEW DELHI: Asia’s gasoline crack surged on Thursday as a decline in Singapore inventories of light distillates... Published 10 Dec, 2021 04:29am
Markets Oil down as China developer downgrades add to fears of demand outlook NEW YORK: Oil prices fell on Thursday on fears about the economic outlook in the world’s biggest oil importer... Published 10 Dec, 2021 04:29am
Markets Gulf bourses fall on weak oil prices; Dubai rises DUBAI: Most stock markets in the Gulf ended lower on Wednesday, weighed by falling oil prices as investors assessed... Published 09 Dec, 2021 04:29am
Markets Oil steadies as investors assess Omicron’s impact NEW YORK: Oil prices edged lower in choppy trade on Wednesday, taking a breather after gains earlier this week, as... Published 09 Dec, 2021 04:29am
Markets Oil steadies near $76 as investors assess Omicron's impact LONDON: Oil prices steadied below $76 a barrel in choppy trade on Wednesday, extending strong gains this week, as... Updated 08 Dec, 2021 06:35pm
Markets Oil rises 4pc, extending rally on easing Omicron fears CALGARY, (Alberta): Oil prices climbed by about 4% on Tuesday, extending the previous day’s almost 5% rebound on... Published 08 Dec, 2021 06:22am
Markets Oil rises 4pc, extending rally on easing Omicron fears ALBERTA: Oil prices climbed by about 4pc on Tuesday, extending the previous day's almost 5pc rebound on easing... Updated 07 Dec, 2021 11:28pm
Markets Oil rebounds towards $72 on Omicron hopes and Iran talks LONDON: Oil climbed by $2 a barrel towards $72 on Monday on hopes that the Omicron coronavirus variant would have a... Published 07 Dec, 2021 06:29am
Markets Oil rises as OPEC+ poised to act if demand weakens LONDON: Oil prices climbed on Friday after the producer group OPEC+ said it could review its policy to hike output ... Published 04 Dec, 2021 04:23am
Print Economy’s fundamentals strong: Tarin ISLAMABAD: Adviser to the Prime Minister on Finance Shaukat Tarin has expressed the hope that the import bill will... Updated 04 Dec, 2021 09:44am
Markets Asia’s gasoline margins extend gains despite rising stocks SINGAPORE: Asia’s gasoline crack extended gains on Thursday, moving further away from a two-month low hit at the... Published 03 Dec, 2021 04:31am
Markets Oil rises as OPEC+ sticks to regular output increase NEW YORK: Oil prices rose on Thursday, giving up their earlier losses, as OPEC+ stuck to its policy of incrementally... Published 03 Dec, 2021 04:31am
Markets European equities drop as Omicron reaches United States LONDON: European stock markets slid Thursday with sentiment hit by the first Omicron case in the United States, but... Published 02 Dec, 2021 05:30pm
Markets US oil pares gains after weekly fuel stockpiles jump NEW YORK: West Texas Intermediate (WTI) crude oil futures pared gains on Wednesday after U.S. government data showed... Published 02 Dec, 2021 03:57am
Markets Oil positions and prices back to neutral after Omicron-triggered flash crash: Kemp LONDON: Portfolio managers were already selling oil even before news of the Omicron coronavirus variant sent prices... Published 02 Dec, 2021 03:57am
Markets VLSFO cash premium prolongs winning streak, HSFO drops SINGAPORE: Asia’s 0.5% very low-sulphur fuel oil (VLSFO) cash differential extended gains for a tenth straight... Published 02 Dec, 2021 03:57am
Markets OPEC+ begins two days of talks amid oil rout LONDON: OPEC and its allies begin two days of meetings on Wednesday to decide whether to release more oil into the... Published 01 Dec, 2021 12:07pm
Markets Oil climbs over 2% ahead of OPEC meeting amid Omicron concerns SINGAPORE: Oil prices rose more than 2% on Wednesday, recouping some of the steep losses from the previous session,... Published 01 Dec, 2021 11:05am
Markets Most Gulf bourses tumble on vaccine efficacy concerns DUBAI: Most Gulf bourses ended lower on Tuesday, mirroring weakened global shares and oil prices, although the... Published 01 Dec, 2021 03:52am
Markets Oil falls on vaccine efficacy worries; WTI down over 6pc NEW YORK: Oil prices tumbled on Tuesday, with US crude futures falling by more than 6%, after Moderna’s chief cast... Published 01 Dec, 2021 03:52am
Markets Oil slides, yen gains as Omicron worries push investors to safe havens NEW YORK: Oil prices slid and global stock benchmarks fell Tuesday after a warning from drugmaker Moderna that... Published 30 Nov, 2021 08:36pm
Markets Oil gains more than 3pc on speculation Omicron-related drop overdone NEW YORK: Oil bounded upward Monday, briefly touching highs above $77 a barrel as some investors viewed Friday’s... Published 30 Nov, 2021 06:46am
Markets European stocks, oil prices rebound from Omicron rout LONDON: European stocks and oil prices rebounded Monday from a pre-weekend slump that was sparked by fears over a ... Published 29 Nov, 2021 05:34pm
BR Research Oil prices rally to end? The upward streak in crude oil prices eased in November. The month carried a number of bearish factors for crude oil... Published 29 Nov, 2021 07:51am
Markets OPEC postpones technical meetings to evaluate Omicron impact LONDON: OPEC and its allies have postponed technical meetings to later this week, giving themselves more time to... Published 29 Nov, 2021 06:03am
Business & Finance Decline in oil prices to bode well for Pakistan’s economy: Fawad International prices plunged $10 a barrel on Friday, the largest one-day drop since April 2020 Updated 27 Nov, 2021 08:26pm
Print Oil settles down $10/bbl on new variant concerns NEW YORK: Oil prices plunged $10 a barrel on Friday, their largest one-day drop since April 2020, as a new variant ... Published 27 Nov, 2021 05:08am
Markets Oil prices dive to two-month lows on Covid, surplus jitters LONDON: Oil prices dived more than 5% on Friday, hitting a two-month low as a new Covid-19 variant spooked investors... Updated 26 Nov, 2021 08:43pm