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
Markets Oil prices make gains NEW YORK: Oil futures rose on Thursday on a stabilizing US job market and slower-than-expected inflation data, which... Published 17 May, 2024 05:50am
Markets Rupee sees marginal decline against US dollar Currency settles at 278.4 against the greenback in inter-bank market Updated 16 May, 2024 08:24pm
Markets Oil prices gain NEW YORK: Crude prices edged up on Wednesday from a two-month low in the prior session as the market balanced... Published 16 May, 2024 06:28am
Markets OPEC sticks to oil demand view, shifts key forecast to OPEC+ LONDON: OPEC stuck to its forecast for strong growth in global oil demand in 2024 on Tuesday and said it would... Published 14 May, 2024 05:54pm
Markets Rupee stable against US dollar Currency settles at 278.18 in inter-bank market Updated 14 May, 2024 10:26pm
Markets Oil dips as US data suggests inflation stickier than expected LONDON: Oil prices edged lower on Tuesday, after US data suggested inflation remains sticky, while OPEC maintained... Updated 14 May, 2024 07:47pm
Markets Oil prices rise as attention shifts to US inflation NEW YORK: Oil prices rose on Monday, as signs of improving demand in top importer China and potential supply... Published 14 May, 2024 05:18am
Print Significant decline in prices of petrol, HSD likely ISLAMABAD: Petrol prices are estimated to decline by Rs 13.40 per litre and high-speed diesel (HSD) by Rs8.19 per... Updated 14 May, 2024 09:12am
Markets Brent hovers above $83 as inflation data takes centre stage LONDON: Oil prices edged higher on Monday after losing about $1 a barrel in the previous session on signs that U.S.... Updated 13 May, 2024 06:30pm
Markets Oil slips on prospect of higher-for-longer US rates NEW YORK: Oil prices fell by nearly $1 a barrel on Friday as comments from US central bank officials indicated... Published 12 May, 2024 03:09am
Markets Iraq hopes oil reserves will exceed 160bn barrels: minister BAGHDAD: Iraq, one of the world’s biggest oil producers, aims to boost its crude reserves to more than 160 billion... Published 11 May, 2024 06:34pm
Markets Rupee registers marginal improvement against US dollar Currency settles at 278.12 against greenback in inter-bank market Updated 10 May, 2024 06:42pm