Oil up about $2/bbl as supply outages outweigh recession fears NEW YORK: Oil prices rose about $2 a barrel on Friday, recouping most of the previous session’s declines, as ... Published 02 Jul, 2022 04:10am
Markets Oil rises over 2pc, but still set for weekly drop on recession fears NEW YORK: Oil rose by more than 2% on Friday supported by tight supply, although crude was heading for a second... Published 25 Jun, 2022 04:42am
Markets Oil slumps 7pc to four-week low on recession worries, strong dollar NEW YORK: Oil prices tumbled about 7% to a four-week low on Friday on worries that interest rate hikes by major... Published 18 Jun, 2022 06:00am
Markets Oil steady as economic worries offset tightening of supplies NEW YORK: Oil prices were steady in a seesaw session on Tuesday as worries about economic growth offset supply... Published 08 Jun, 2022 06:19am
Markets Oil price rise boosts Saudi index; Abu Dhabi extends losses DUBAI: Saudi Arabian shares outperformed other Gulf markets to close higher on Monday after the kingdom hiked prices... Published 07 Jun, 2022 05:47am
Markets Oil edges higher as supply still seen tight after OPEC+ hike LONDON: Oil edged higher on Friday, supported by expectations that OPEC’s decision to increase production targets... Published 04 Jun, 2022 04:18am
Markets Oil extends bull run as EU agrees to ban most Russian oil HOUSTON: Oil prices extended a bull run on Tuesday after the European Union agreed to a partial and phased ban on... Published 01 Jun, 2022 05:53am
Markets Oil edges higher on tight supply, rising US refining activity NEW YORK: Oil prices rose slightly on Wednesday, buoyed by tight supplies and as US refiners drove processing... Published 26 May, 2022 05:26am
Business & Finance Canadian dollar pulls back TORONTO: The Canadian dollar edged lower against its US counterpart on Tuesday as equity markets globally gave back... Published 25 May, 2022 04:40am
Markets Oil steadies as recession worry offsets higher demand outlook HOUSTON: Oil prices were little changed on Monday, as worries over a possible recession offset an outlook for higher... Published 24 May, 2022 05:35am
Markets Oil steadies as economic growth worries counter supply risks NEW YORK: Oil prices steadied on Friday, setting them on course for little change on the week, as a planned European... Published 21 May, 2022 04:34am
Markets Oil hedge funds caught between sanctions, recession LONDON: Portfolio investors have left their petroleum positions essentially unchanged for the last nine weeks as ... Published 18 May, 2022 05:54am
Markets Oil prices rise on China demand optimism, gasoline strength NEW YORK: Oil prices rose on Monday on optimism that China would see significant demand recovery after positive ... Published 17 May, 2022 05:39am
Markets Oil up as Russia gas flow to Europe falls, EU Russian oil ban looms NEW YORK: Oil prices jumped almost 5% on Wednesday after plunging nearly 10% in the previous two sessions, buoyed by... Published 12 May, 2022 05:40am
Markets Oil prices tumble over 5pc, weighed down by China lockdowns NEW YORK: Oil prices sank over 5% on Monday alongside equities, as continued coronavirus lockdowns in China, the top... Published 10 May, 2022 05:10am
Markets US Democrats target oil giants ‘ripping off’ motorists WASHINGTON: US Democrats announced legislation Thursday to punish fuel companies they accuse of unfairly raising... Published 29 Apr, 2022 05:43am
Markets Oil prices dip as dollar soars, US crude stocks edge higher NEW YORK: Oil prices dipped on Wednesday as a soaring US dollar made barrels more expensive and coronavirus ... Published 28 Apr, 2022 05:37am
Markets Oil falls on growth concerns, Shanghai lockdown HOUSTON: Oil slipped on Friday, burdened by the prospect of weaker global growth, higher interest rates and COVID... Published 23 Apr, 2022 04:45am
Markets Oil slips nearly 1pc on broader demand concerns NEW YORK: Oil slipped nearly 1% on Wednesday, extending losses for a second day, as broader concerns about economic... Published 21 Apr, 2022 05:26am
Markets Oil rises on news EU may phase in a ban on Russian oil imports HOUSTON: Oil prices rose on Thursday after an early decline as investors covered short positions ahead of the long... Published 15 Apr, 2022 05:29am
Markets Oil prices set for weekly fall on stockpile releases HOUSTON: Oil prices were stable on Friday in choppy trading but remained on course for a second weekly fall after... Published 09 Apr, 2022 04:39am
Markets Asia’s gasoline crack extends gains NEW DELHI: Asia’s gasoline crack extended gains on Friday after crude oil prices weakened and a flurry of trades ... Published 02 Apr, 2022 04:14am
Markets Oil rebounds after reports of fire at Aramco oil facility NEW YORK: Oil prices turned positive on Friday after reports of a missile strike and a fire at Saudi Arabia’s... Published 26 Mar, 2022 04:13am
Markets Oil slides near 2pc as EU fails to boycott Russian crude NEW YORK: Crude prices slid nearly 2% on Thursday after the European Union (EU) did not agree on a plan to boycott... Published 25 Mar, 2022 05:46am
Markets Oil prices headed for weekly loss, but stay well above $100/bbl LONDON: Oil prices were set for a second straight weekly loss, but found a floor above $100 a barrel on Friday after... Published 19 Mar, 2022 04:42am
Markets Oil slides lower in volatile session as traders debate supply concerns BENGALURU: Oil prices gave up gains to trade lower on Thursday after its biggest plunge in two years in the previous... Published 11 Mar, 2022 05:12am
Markets Oil surges as US and Britain cut off Russian crude BENGALURU: Oil prices surged on Tuesday as the United States and Britain moved to ban Russian oil imports, a ... Published 09 Mar, 2022 06:44am
Print Oil surpasses $100, stocks slump NEW YORK: Oil prices broke above $100 a barrel on for the first time since 2014 and stock markets slumped globally ... Published 25 Feb, 2022 06:19am
Markets Rupee falls against US dollar after Russia announces 'military operation' against Ukraine Depreciates 0.13% in inter-bank market on Thursday Updated 24 Feb, 2022 07:43pm
Markets Oil rises as Russia-West stand-off alarms tight market LONDON: Oil prices rose on Monday over the stand-off between Russia and the West over Ukraine, adding to supply... Published 22 Feb, 2022 04:43am