Oil prices dip NEW YORK: Oil futures prices settled slightly lower on Friday after a survey showed deteriorating US consumer... Published 16 Jun, 2024 02:40am
Markets Japanese rubber futures decline SINGAPORE: Japanese rubber futures slipped on Friday to their sharpest weekly fall since mid-March, as they tracked... Published 16 Jun, 2024 02:40am
Markets Oil little changed as surprise crude stock build caps gains HOUSTON: Oil prices were broadly steady on Wednesday after three key forecasters predicted that global oil... Published 13 Jun, 2024 06:59am
Markets Rupee declines marginally against US dollar Currency settles at 278.61 against the greenback in inter-bank market Updated 12 Jun, 2024 10:20pm
Markets Oil prices marginally up HOUSTON: Oil prices edged slightly higher on Tuesday as OPEC stuck to its forecast for relatively strong growth in... Published 12 Jun, 2024 06:51am
Markets First cut in 4 years: SBP reduces key policy rate by 150 basis points, takes it to 20.5% Says significant decline in inflation since February broadly in line with expectations, but May outturn was better than anticipated Updated 10 Jun, 2024 11:01pm
Opinion Policy rate decision ahead of budget presentation State Bank of Pakistan (SBP) will be making its monetary policy public today. As May inflation has already dropped... Updated 10 Jun, 2024 08:06am
Markets Oil dips on deflated US interest rate cut expectations NEW YORK: Oil prices edged down on Friday and posted a third straight weekly loss as investors weighed OPEC+... Published 09 Jun, 2024 03:10am
Markets Oil pares gains after US data deflates expectations of near term rate cut LONDON: Oil pared gains on Friday as demand concerns intensified after strong U.S. jobs data soured hopes of the... Updated 07 Jun, 2024 08:10pm
BR Research Oil stutters: Bounce back likely Having dropped to the lowest since February 2024 – Brent oil is staging a comeback of sorts, and all signs indicate... Published 07 Jun, 2024 08:09am
Markets Oil up after European, Denmark central bank rate cuts HOUSTON: Oil prices rose on Thursday as the European Central Bank cut interest rates for the first time in roughly... Published 07 Jun, 2024 06:24am
Markets Saudi says OPEC+ can pause or reverse oil output boost ST PETERSBURG: OPEC+ can pause or reverse oil production increases if the market weakens, the Saudi energy minister... Published 07 Jun, 2024 06:24am
Markets Oil drops as OPEC+ decision spotlights shaky demand HOUSTON: Oil prices fell more than $1 on Tuesday on scepticism about an OPEC+ decision to boost supply later this... Published 05 Jun, 2024 08:17am
Markets Rupee registers minor gain against US dollar Currency settles at 278.30 against the greenback in the inter-bank market Updated 04 Jun, 2024 10:18pm
Markets Rupee remains largely stable against US dollar Currency settles at 278.36 against the greenback in inter-bank market Updated 03 Jun, 2024 10:55pm
Print OPEC+ extends deep oil production cuts into 2025 LONDON/DUBAI: OPEC+ agreed on Sunday to extend most of its deep oil output cuts well into 2025 as the group seeks to... Updated 03 Jun, 2024 09:21am
Markets OPEC+ extends oil cuts to third quarter, discusses 2025, sources say LONDON/DUBAI: OPEC+ agreed on Sunday to prolong its deep oil output cuts in 2024 and was discussing extending them... Published 02 Jun, 2024 06:02pm
Markets Oil settles down ahead of OPEC+ meeting NEW YORK: Oil prices fell on Friday and posted a weekly loss as investors awaited an OPEC+ meeting on Sunday that... Published 02 Jun, 2024 02:53am
Markets Oil falls as US reports surprise fuel build, weak demand NEW YORK: Oil prices fell again on Thursday, after the US government reported weak fuel demand in the country and a... Published 31 May, 2024 06:58am
Markets Oil prices steady before stocks and inflation data, OPEC+ meeting LONDON: Oil prices were broadly steady on Thursday, ahead of U.S. crude oil stockpiles data, inflation data and an... Updated 30 May, 2024 05:28pm
Markets Oil prices ease on US gasoline demand worries, economic data NEW YORK: Oil prices eased about 1% on Wednesday on worries over weak US gasoline demand and economic data that ... Published 30 May, 2024 06:19am
Markets Ministry of Finance expects inflation to fall further to 13.5-14.5% in May Govt's commitment to curbing inflation through stringent administrative measures paints a promising picture for the inflation outlook Updated 29 May, 2024 10:26pm
Markets Oil prices gain on expectations of OPEC+ extension to output cuts LONDON: Oil prices grazed a four-week peak on Wednesday on expectations that major producers will extend output cuts... Updated 29 May, 2024 05:20pm
Markets Oil prices rise on OPEC+ restraint prospect NEW YORK: Global oil prices increased on Tuesday on the expectation that OPEC+ will maintain crude supply curbs at... Published 29 May, 2024 06:05am
Markets Oil prices drop as interest rate policy spurs fuel demand worries HOUSTON: Oil prices rose about 1% on Friday, but fell for the week on worries that strong US economic data would ... Published 26 May, 2024 02:56am
Markets UAE markets track oil prices lower DUBAI: Stocks in the United Arab Emirates declined on Friday, pressured by losses in crude prices as strong US and... Published 25 May, 2024 06:33am
Markets Oil prices steady NEW YORK: Oil prices were stable on Monday as the market awaited further clues on the likely path of US interest... Published 21 May, 2024 03:39am
Markets Oil steadies after death of Iran’s president, Saudi king’s ill health LONDON: Oil prices held steady on Monday amid political uncertainty in major producing countries after Iran’s... Updated 20 May, 2024 05:37pm
Markets Most Gulf markets rise while Saudi bourse holds steady DUBAI: Most Gulf stock markets rose on Sunday against a backdrop of rising oil prices on improving economic... Published 20 May, 2024 05:44am
Markets Oil prices gain on hopes of demand NEW YORK: Oil prices settled about 1% higher on Friday, with global benchmark Brent crude recording its first weekly... Published 19 May, 2024 03:00am