Oil fall 2pc on weaker Chinese demand NEW YORK: Oil futures fell about 2 percent in choppy trading on Tuesday on forecasts for slower growth of oil demand... Published 21 Jun, 2023 05:21am
Markets Oil falls on potential Iran deal, weak demand prospects NEW YORK: Oil prices fell $3 a barrel on Thursday as demand weakness and a report the US and Iran may be approaching... Published 09 Jun, 2023 06:20am
Markets Oil down $3 as Russia downplays additional OPEC+ cuts NEW YORK: Oil prices fell more than $3 at one point on Thursday, after Russian Deputy Prime Minister Alexander Novak... Published 26 May, 2023 06:48am
Markets Asia naphtha up; gasoline cracks down SINGAPORE: Asia naphtha cracks and prices were slightly firmer despite mixed buying interest across the board, amid... Published 24 May, 2023 05:57am
Markets Oil rises on debt ceiling, demand optimism NEW YORK: Oil prices rose 2% on Wednesday as optimism on oil demand and US debt ceiling negotiations outweighed... Published 18 May, 2023 06:10am
Markets Oil dips on weaker China, US economic data NEW YORK: Oil futures dipped on Tuesday as weaker-than-expected economic data in China and the United States offset ... Published 17 May, 2023 06:22am
Markets Oil rises near 2pc BENGALURU: Oil prices rose about a dollar a barrel on Monday on the prospect of tightening supplies in Canada and... Published 16 May, 2023 03:23am
Markets Oil prices slip 1pc, US jobless data and debt-ceiling talks weigh NEW YORK: Oil prices slid about 1% on Thursday as a political standoff over the US debt ceiling stoked recession... Published 12 May, 2023 05:59am
Markets Oil falls 2pc on surprise jump in US crude inventories BENGALURU: Oil prices fell more than a dollar a barrel on Wednesday, ending a three-day rally as an unexpected jump... Published 11 May, 2023 05:54am
Markets Oil lower ahead of expected Fed rate hikes NEW YORK: Oil prices fell 4% on Wednesday, extending steep losses from the previous session, as investors fretted... Published 04 May, 2023 04:26am
Markets Oil dips 2pc on strong dollar HOUSTON: Oil dropped 2 percent on Tuesday after two sessions of gains as jitters about the global economic outlook... Published 26 Apr, 2023 06:15am
Markets Oil falls 2pc as dollar strengthens on Fed rate hike expectations NEW YORK: Oil prices fell about 2% to a two-week low on Wednesday despite a sharp decline in US crude inventories, ... Published 20 Apr, 2023 06:30am
Markets Oil drops 2pc on higher dollar, rate concerns NEW YORK: Oil prices turned lower on Monday as the US dollar strengthened and as investors mulled over a possible ... Published 18 Apr, 2023 06:21am
Business & Finance Increase in oil rates unfair ahead of Eid: BMP chief LAHORE: The Businessmen Panel (BMP) of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has said... Published 17 Apr, 2023 06:41am
Markets Oil rises 2pc on lower-than-expected US inflation data HOUSTON: Oil prices rose 2 percent on Wednesday as cooling US inflation data spurred hopes that the Federal Reserve... Published 13 Apr, 2023 06:37am
Markets Oil rises over 1pc with US and China inflation in focus NEW YORK: Oil prices rose more than 1 percent on Tuesday with support from a weaker dollar and hopes that the ... Published 12 Apr, 2023 06:11am
Markets Asia’s Hi-5 fuel oil spread crunches to 18-month low SINGAPORE: Asia’s hi-5 fuel oil spread narrowed to 18-month lows on Wednesday as the very low sulphur oil (VLSFO)... Published 06 Apr, 2023 06:20am
Business & Finance Oil sales decrease by 9pc in March KARACHI: Pakistan oil sales decreased by 9.0 percent on month-on-month basis to 1.11 million tons in March 2023... Published 04 Apr, 2023 03:24am
Markets Oil settles 1pc higher on tightening supplies BENGALURU: Oil prices rose by more than a dollar a barrel on Friday to record their second-straight week of gains, ... Published 03 Apr, 2023 06:36am
Markets Oil crawls up as dollar weakens BENGALURU: Oil prices edged higher on Thursday days after hitting their lowest since late 2021, supported by rising... Published 24 Mar, 2023 05:55am
Markets Oil prices settle down, post big weekly losses on banking fears NEW YORK: Oil prices settled lower Friday, reversing early gains of more than $1 a barrel as banking sector fears... Published 20 Mar, 2023 06:12am
Markets Oil prices rise after buoyant US payrolls HOUSTON: Oil prices climbed on Friday after better-than-expected US employment data though both benchmarks remained... Published 13 Mar, 2023 06:15am
Markets Oil rises on Chinese demand but European rate hike fears weigh NEW YORK: Oil rose on Thursday on signs of a strong economic rebound in top crude importer China, but fears over the... Updated 03 Mar, 2023 07:33am
Markets Oil falls more than 1pc as growth fears offset China demand hopes NEW YORK: Brent crude oil slipped more than 1% in a volatile session on Tuesday as persistent concerns about global... Published 22 Feb, 2023 03:30am
Markets Oil settles down $2/bbl, ends week lower on Fed worries NEW YORK: Oil settled down $2 a barrel on Friday and ended the week markedly lower, as traders worried that future ... Published 20 Feb, 2023 06:26am
Markets Oil edges higher as market weighs Russian supply cuts amid demand fears HOUSTON: Oil prices edged higher on Monday, rebounding from early losses as investors weighed Russia plans to cut... Published 14 Feb, 2023 05:58am
Markets Oil slips as rate hikes loom and Russian flows stay strong LONDON: Oil slipped on Monday as looming increases to interest rates by major central banks and signs of strong... Published 31 Jan, 2023 06:45am
Markets Oil up more than 1pc, on track for second week of gains NEW YORK: Oil rose by about $1 a barrel on Friday and headed for a second straight weekly gain, spurred largely by... Published 23 Jan, 2023 08:05am
Markets Oil prices up 1pc to near 7-week high NEW YORK: Oil prices rose about 1% on Wednesday to their highest since early December on a drop in the US dollar and... Published 19 Jan, 2023 06:31am
Business & Finance Oil rises over 1pc NEW YORK: Oil prices rose over 1% on Monday after China’s move to reopen its borders boosted the outlook for fuel... Published 10 Jan, 2023 06:00am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?