Oil eases on US fuel demand concerns HOUSTON: Oil prices edged down on Thursday after slower economic growth in the first quarter added to concerns of... Updated 25 Apr, 2024 09:13pm
Markets Oil prices fall as US business activity cools, concerns over Middle East ease NEW YORK: Oil prices were moderately lower on Wednesday as worries over conflict in the Middle East eased and... Updated 24 Apr, 2024 09:31pm
Markets Oil falls back after robust EU data as Mideast tensions linger Oil prices slipped on Tuesday after a short-lived boost from stronger economic data out of Europe as the market... Updated 23 Apr, 2024 08:23pm
Markets US crude futures climb back into positive territory HOUSTON: U.S. crude futures returned to positive territory on Monday after falling on easing fears of a wider... Updated 22 Apr, 2024 09:07pm
Markets Guyana rules out offering crude oil export discounts to India HOUSTON/NEW DELHI: South America’s fastest growing oil producer has turned down the Indian government’s request for... Published 21 Apr, 2023 09:59pm
Business & Finance Russia shifts to Dubai benchmark in Indian oil deal NEW DELHI: Russia’s largest oil producer Rosneft and India’s top refiner Indian Oil Corp agreed to use the... Published 04 Apr, 2023 03:24am
Markets OPEC+ seen sticking with oil output policy at Feb. 1 meeting An OPEC+ panel is likely to recommend keeping the oil producer group’s current output policy unchanged when it meets... Published 30 Jan, 2023 08:44pm
Business & Finance Tullow Oil ups 2022 free cash flow outlook, Ghana tax looms LONDON: West Africa-focused oil producer Tullow Oil on Wednesday raised its 2022 free cash flow guidance to $267... Published 25 Jan, 2023 07:26pm
Markets UAE and US to spur $100bn in clean energy projects ABU DHABI: The United Arab Emirates and the United States have signed a partnership to spur $100 billion of... Updated 01 Nov, 2022 11:19pm
Markets Asia, Middle East ramp up diesel exports to Europe in October SINGAPORE/LONDON: Oil traders are ramping up diesel exports from Asia and the Middle East to Europe in October to... Published 19 Oct, 2022 05:23pm
World Kuwait’s new government sworn in after reshuffle aimed at defusing tensions Kuwait’s crown prince swore in the new government on Monday, state news agency KUNA reported, following a reshuffle... Published 17 Oct, 2022 04:48pm
World Sheikh Mohammed bin Zayed elected UAE president DUBAI: The United Arab Emirates’ leader Sheikh Mohammed bin Zayed al-Nahyan was elected president of the Gulf Arab... Published 14 May, 2022 03:04pm
Markets Saudi Arabia lowers Arab Light oil price to Asia, Europe in June JEDDAH: Saudi Arabia’s lowered the price of its Arab Light crude grade to Asia and Europe for the month of June,... Published 09 May, 2022 05:39am
Markets Exxon earnings hurt by Russia exit, triples buybacks on high oil prices Exxon Mobil Corp said on Friday it doubled its first-quarter per-share profit, but the results fell short of Wall... Published 29 Apr, 2022 08:49pm
Markets Oil falls towards $125 as investors weigh US import ban LONDON: Oil slipped towards $125 a barrel in volatile trading on Wednesday as investors assessed the US ban of... Updated 09 Mar, 2022 06:07pm
Markets Oil rises on falling US stockpiles but Iran talks weigh LONDON: Oil prices rose on Thursday after rallying on an unexpected drop in US crude inventories in the previous... Published 10 Feb, 2022 07:08pm
Markets Oil down on Omicron restrictions and China fears LONDON: Oil prices fell on Thursday after measures by some governments to slow the spread of the Omicron coronavirus... Published 09 Dec, 2021 07:48pm
Markets Oil climbs $2 on easing Omicron fears and Iran delay LONDON: Oil prices rose $2 on Tuesday, extending the previous day's almost 5% rebound, as concerns over the impact ... Published 07 Dec, 2021 05:31pm
Markets Oil rebounds towards $72 on Omicron hopes, Iran talks LONDON: Oil climbed by $2 a barrel towards $72 on Monday on hopes the Omicron coronavirus variant would have a less... Published 06 Dec, 2021 06:44pm
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 production hike policy... Updated 03 Dec, 2021 04:20pm
Markets Oil rises 2% to one-week high after US taps emergency reserves NEW YORK: Oil prices rose to a one-week high on Tuesday after a move by the United States and other consumer nations... Updated 23 Nov, 2021 09:53pm
Markets Oil steadies near $80 after US taps emergency reserves LONDON: Oil prices steadied near $80 a barrel on Tuesday after the United States announced plans to release up to 50... Published 23 Nov, 2021 06:21pm
Markets US to release oil from reserves after OPEC+ rebuffs call for more crude WASHINGTON: The United States said on Tuesday it would release 50 million barrels of oil from strategic reserves in ... Published 23 Nov, 2021 05:48pm
Markets India to release 5mn bbls oil from strategic reserves in coordination with other buyers NEW DELHI: India will release 5 million barrels of oil from its strategic reserves in coordination with other buyers... Published 23 Nov, 2021 05:46pm
Markets Oil prices retreat in face of supply and demand pressures LONDON: Oil prices fell on Monday as rising COVID-19 cases in Europe and a potential release of Japanese oil ... Updated 22 Nov, 2021 05:32pm
Markets Oil drops below $80 on European COVID concerns LONDON: Oil prices dropped below $79 a barrel on Friday as a fresh surge in COVID-19 cases in Europe threatened to... Published 19 Nov, 2021 05:46pm
Markets Oil near six-week low as China readies crude reserve release LONDON: Oil prices slid to six-week lows on Thursday before recovering some ground, as China said it was moving to... Published 18 Nov, 2021 04:09pm
Markets Oil prices slide as China readies release of crude from strategic reserves TOKYO: Oil prices fell on Thursday, adding to an overnight plunge as China said it was moving to release reserves... Published 18 Nov, 2021 09:48am
Markets Oil prices head for weekly dip as dollar firms LONDON: Oil prices fell on Friday, wiping out gains from the previous session as the dollar continued to firm on... Published 12 Nov, 2021 05:20pm
Markets Oil approaches $84 as lifting of US travel ban boosts demand LONDON: Oil rose towards $84 a barrel on Tuesday, gaining for a third session, as the US lifting of travel... Published 09 Nov, 2021 05:08pm
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees
