VLSFO premium dips further, HSFO holds steady SINGAPORE: Asia’s spot premium for very low sulphur fuel oil (VLSFO) dipped for a third straight session on Monday... Published 10 Jan, 2023 06:00am
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
Markets Oil rises after US fuel stocks draw down NEW YORK: Oil prices rose nearly 2% on Thursday after posting the biggest two-day loss for the start of a year in... Published 06 Jan, 2023 06:37am
Markets Oil steadies after biggest start of the year drop in decades LONDON: Oil steadied on Thursday in volatile trade after posting the biggest two-day loss for the start of a year in... Updated 05 Jan, 2023 08:15pm
Markets Asia’s spot fuel market steady to softer SINGAPORE: Asia’s spot fuel oil market was steady to softer on Wednesday on consistent supply arrivals, while... Published 05 Jan, 2023 05:58am
Markets Gulf stocks slide on weaker oil and PMI data DUBAI: Major Gulf stock markets ended the New Year rally on Wednesday, with Saudi Arabia falling the most as worries... Published 05 Jan, 2023 05:58am
Markets China ready to resume oil and gas talks with the Philippines, says Xi BEIJING/MANILA: China is ready to resume oil and gas talks and manage maritime issues “cordially” with the... Published 05 Jan, 2023 05:58am
Business & Finance Oil prices fall nearly 5pc on worry over global economy NEW YORK: Oil fell nearly 5 percent on Wednesday after slumping in the previous session, weighed down by demand... Published 05 Jan, 2023 05:58am
World China ready to resume oil and gas talks with the Philippines, says Xi BEIJING: China is ready to resume oil and gas talks and manage maritime issues “cordially” with the Philippines,... Published 04 Jan, 2023 05:26pm
Markets Oil dives 3.5pc; trade choppy on worries about global economy HOUSTON: Oil prices tumbled 3.5% in volatile trade on Tuesday, pressured by weak demand data from China, a gloomy... Published 04 Jan, 2023 06:02am
Markets Oil dives 3.5%, trade choppy on worries about China, global economy HOUSTON: Oil prices tumbled 3.5% in volatile trade on Tuesday, pressured by weak demand data from China, a gloomy... Updated 03 Jan, 2023 10:13pm
Markets Oil explorer Inpex to merge Tokyo trading unit into Singapore desk TOKYO: Japanese oil and gas explorer Inpex Corp plans to absorb its separate Tokyo trading business into the company... Published 03 Jan, 2023 03:25am
BR Research 2022 and oil – a turbulent affair The volatility seen in oil prices in 2022 was phenomenal. From climbing to a record high in fourteen years hitting... Published 02 Jan, 2023 09:33am
Markets China to receive Russian Arctic oil cargo in February SINGAPORE: China is set to receive in February a cargo of Russian crude oil produced from Arctic fields, the second... Published 02 Jan, 2023 07:00am
Markets Chevron sending two oil tankers to Venezuela under US approval HOUSTON: US oil company Chevron Corp is sending two oil tankers to Venezuela, one of which will load the first cargo... Published 02 Jan, 2023 05:54am
Print Oil up by $1/bbl NEW YORK: Oil was on track for a second straight annual gain in a turbulent year marked by tight supplies following... Updated 31 Dec, 2022 08:33am
Markets Oil set to end turbulent 2022 with second annual gain LONDON: Oil rose on Friday and was on track for a second straight annual gain in a volatile year marked by tight... Updated 30 Dec, 2022 04:57pm
Markets Indian shares rebound on slide in oil prices BENGALURU: Indian shares swung to gains in the final hour on Thursday, on slide in oil prices due to demand concerns... Published 30 Dec, 2022 05:50am
Markets Oil weakens on China uncertainty NEW YORK: Oil prices fell by more than a dollar on Thursday, as more countries consider restrictions on Chinese... Published 30 Dec, 2022 05:50am
Business & Finance Exxon sues EU in move to block new windfall tax on oil companies NEW YORK: US oil major Exxon Mobil Corp is suing the European Union in a bid to force it to scrap the bloc’s new... Updated 30 Dec, 2022 08:42am
Markets Oil falls as China COVID spike dampens demand outlook LONDON: Oil prices pared losses after falling by over $2 earlier in the session, as a weaker dollar partially offset... Updated 29 Dec, 2022 06:25pm
Business & Finance Russia did not consult OPEC+ over oil cap response: Kremlin MOSCOW: Russia did not consult with OPEC+ on its response to a Western price cap on Russian oil, Kremlin spokesman... Updated 29 Dec, 2022 08:48am
Markets Oil drops 2% in light trading on China demand concern NEW YORK: Oil prices dipped on Wednesday as traders weighed concerns over a surge in COVID-19 cases in China, the... Updated 28 Dec, 2022 08:33pm
Markets No significant addition to gas reserves despite 15 discoveries ISLAMABAD: Despite 15 oil and gas discoveries during the current calendar year, the country did not witness any... Published 28 Dec, 2022 04:12am
Markets Russia to increase oil exports by 7.5pc in 2022: TASS MOSCOW: Russia will increase oil exports by 7.5% to 242 million tonnes in 2022, TASS news agency cited Russian ... Published 27 Dec, 2022 06:07am
Markets Russia overtakes KSA as China’s top crude supplier in Nov SINGAPORE: China’s crude oil imports from Russia rose 17% in November from a year earlier, as Chinese refiners... Published 26 Dec, 2022 06:31am
Markets US Northeast/Texas power, natgas prices soar on extreme cold NEW YORK: US power and natural gas prices in Texas and the Northeast soared - with some gas prices hitting multiyear... Published 25 Dec, 2022 03:29am
Markets Oil steadies as rate hike fears counter tighter US stockpiles NEW YORK: Oil steadied on Thursday after hitting its highest price in two and a half weeks as the impact of tighter... Published 23 Dec, 2022 05:54am
Markets Oil prices rise over $2 on drawdown in US crude stocks HOUSTON: Oil prices rose by more than $2 on Wednesday after data showed a larger-than-expected draw in US crude... Published 22 Dec, 2022 05:57am
Markets Oil prices rise over $2 on drawdown in U.S. crude stocks HOUSTON: Oil prices rose by more than $2 on Wednesday after data showed a larger-than-expected draw in U.S. crude... Updated 21 Dec, 2022 09:23pm