VLSFO market steadies; regional supplies ease SINGAPORE: The 0.5% very low sulphur fuel oil market in Asia held steady on Tuesday as expectations of lower ... Published 08 Feb, 2023 06:10am
Markets Oil surges over 3pc as Fed’s Powell eases rate hike concerns NEW YORK: Oil prices climbed more than 3% on Tuesday after the head of the US central bank eased market concerns ... Published 08 Feb, 2023 06:10am
Markets Oil rises on China outlook, supply worries after Turkey earthquake Oil prices rose for a second straight session on Tuesday, driven by optimism about recovering demand in China and... Updated 07 Feb, 2023 09:15pm
Markets Gasoil margins dip to almost one-year low SINGAPORE: Asia’s 10-ppm sulphur gasoil margins softened to almost a one-year low, against a backdrop of weaker ... Published 07 Feb, 2023 06:07am
Markets Oil rises in choppy trade on China demand hopes HOUSTON: Oil prices edged higher in choppy trading on Monday as markets weighed a return in demand from China ... Published 07 Feb, 2023 06:07am
Markets Oil falls about 3pc as strong US jobs data prompt interest rate concerns NEW YORK: Oil prices fell to over three-week lows on Friday in a volatile session, after strong US jobs data raised... Published 06 Feb, 2023 07:17am
Business & Finance Indian refiners pay traders in dirhams for Russian oil NEW DELHI: Indian refiners have begun paying for most of their Russian oil purchased via Dubai-based traders in... Updated 04 Feb, 2023 10:15am
Print Russian oil supply likely by April Negotiations with Russia were finalised in 45 days: Petroleum State Minister Musadik Malik Updated 04 Feb, 2023 09:13pm
Markets Oil steadies as market eyes China recovery and EU embargo LONDON: Oil prices steadied on Friday but were on track for a second week of losses as the market awaited further... Updated 03 Feb, 2023 04:45pm
Markets Oil steadies on mixed economic data NEW YORK: Oil prices steadied on Thursday on mixed data about the state of the US economy and looming sanctions on... Published 03 Feb, 2023 06:17am
Markets Oil prices tick up ahead of Fed, OPEC decisions LONDON: Oil prices ticked up as the market is looking towards a meeting of OPEC and its allies as well as a Federal... Updated 01 Feb, 2023 06:02pm
Markets Oil nears 3-week low then steadies on higher US demand BENGALURU: Oil prices were steady on Tuesday after dropping close to a three-week low, drawing support from a... Published 01 Feb, 2023 07:21am
Print Country braces for fuel shortages? KARACHI: Pakistan could face a crunch in fuel supplies in February as banks have stopped financing and facilitating... Updated 01 Feb, 2023 08:54am
Markets Asia’s fuel oil margins post monthly losses SINGAPORE: Asia’s fuel oil margins fell on Tuesday, posting monthly losses on the last trading day of the month as... Published 01 Feb, 2023 05:58am
Markets Oil falls more than 1% on stronger dollar, rate hike worries LONDON: Oil prices fell by more than 1% on Tuesday, touching two-week lows on the prospect of further interest rate... Updated 31 Jan, 2023 06:52pm
Markets Small traders assail oil price hike KARACHI: Small traders on Monday rejected the recent increase in oil prices by the PDM government, saying that the... Published 31 Jan, 2023 07:06am
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 Asia’s spot fuel oil market eases as fresh tender emerges SINGAPORE: Asia’s spot fuel oil market eased on Monday after a fresh tender from Kuwait’s Al Zour emerged, trade... Published 31 Jan, 2023 06:01am
BR Research Oil: Not going down Having lost nearly 10 percent in two trading sessions at the start of the year, the bear run did not last beyond... Published 27 Jan, 2023 09:12am
Markets Oil prices firm on upbeat US economic data LONDON: Oil prices rose for a second session on Friday, buoyed by stronger than expected U.S. economic growth,... Updated 27 Jan, 2023 04:41pm
Markets Asia’s spot fuel oil premiums little changed SINGAPORE: Asia’s spot fuel oil premiums were little changed in thin trade on Thursday while landed fuel oil ... Published 27 Jan, 2023 06:15am
Markets Oil up 1pc on positive US data NEW YORK: Oil prices rose more than 1 percent on Thursday on expectations that global demand will strengthen as top... Published 27 Jan, 2023 06:15am
Pakistan Pakistan to decide currency for Russia oil trade in March: Musadik Malik Minister says country will make the decision once agreement is finalised in March Updated 26 Jan, 2023 06:46pm
Markets Brent oil may retest support at $85.79 Brent oil may retest a support of $85.79 per barrel, with a good chance of breaking below this level and falling... Published 26 Jan, 2023 09:20am
Markets Oil prices firm on China demand optimism LONDON: Oil prices rose 1% on Thursday on expectations that demand will strengthen as top oil importer China reopens... Updated 26 Jan, 2023 04:45pm
Pakistan US has no objection to Pakistan importing Russian oil: Price WASHINGTON: The United States of America has said that it has no objection to Pakistan importing Russian oil. ... Published 26 Jan, 2023 07:19am
Markets Gasoil margins extend gains SINGAPORE: Asia’s 10 ppm sulphur gasoil margins opened the week firmer on the back of volatile oil futures and ... Published 26 Jan, 2023 05:58am
Markets Oil edges up after less-than-expected US inventories rise BENGALURU: Oil prices were up slightly in light volumes on Wednesday after government data showed a... Published 26 Jan, 2023 05:58am
Business & Finance PSO says fuel being supplied across country smoothly KARACHI: The Pakistan State Oil (PSO) has said there is no shortage of petroleum products in the country. In a... Published 25 Jan, 2023 06:58am
Markets Oil dips $2 on global economic concerns HOUSTON: Crude oil prices slipped on Tuesday on concerns about a global economic slowdown and an expected build in ... Published 25 Jan, 2023 06:25am