Asian markets rise again as traders gird for US inflation data HONG KONG: Asian markets rose Wednesday following a positive performance on Wall Street as traders prepared for the... Published 09 Feb, 2022 11:14am
Markets Oil prices nudge up after API data shows surprise drop in US stocks SINGAPORE: Oil prices nudged up on Wednesday following two sessions of losses after industry data showed an... Published 09 Feb, 2022 09:40am
Markets Oil slips from 7-year highs ahead of more US-Iran talks BEIJING: Oil prices eased on Tuesday morning ahead of the resumption of indirect talks between the United States and... Published 08 Feb, 2022 09:43am
Markets Spanish oil major Repsol looking to sell parts of its Canadian assets BENGALURU: Spanish oil major Repsol SA is considering putting some of its Canadian assets for sale later this year ... Published 08 Feb, 2022 06:10am
Markets Oil falls $1 on positive signals from US-Iran talks LONDON: Oil prices fell $1 on Monday as signs of a progress in the US-Iran nuclear talks that could lead to removal... Updated 07 Feb, 2022 04:48pm
Markets Oil falls after signs of progress in US-Iran nuclear talks TOKYO: Oil prices fell on Monday on expectations the US-Iran talks may be nearing a conclusion on reviving a deal... Published 07 Feb, 2022 10:21am
Markets Oil shipments in European oil hub delayed after cyber attacks LONDON: Tanker and barge shipments in and out of Europe’s biggest oil hub have been delayed by up to a week as ... Published 06 Feb, 2022 04:42am
Markets Oil hits fresh seven-year highs, closing out seven weeks of gains NEW YORK: Oil prices surged to fresh seven-year highs on Friday, headed for a seventh straight weekly increase, ... Updated 04 Feb, 2022 09:26pm
Markets Oil and gas will keep meeting India's 'baseload' energy demand: oil minister NEW DELHI: Oil and gas will continue to meet the 'baseload' energy demand of India in "foreseeable future" even as... Published 04 Feb, 2022 03:50pm
Markets Oil extends gains above $90/bbl as winter storm sweeps through United States SINGAPORE: Oil prices climbed on Friday, extending sharp gains in the previous session sparked by persistent supply... Published 04 Feb, 2022 11:14am
Markets Brazil’s Lula to detach local fuel prices from global oil quotes if elected BRASILIA: Brazilian former President Luiz Inacio Lula da Silva, a leftist polling ahead of incumbent President Jair... Published 04 Feb, 2022 04:43am
Markets Brent oil may drop into $85.68-$87.30 range SINGAPORE: Brent oil may drop into a range of $85.68 to $87.30 per barrel, as a five-wave cycle from $77.04 has... Published 03 Feb, 2022 10:24am
Markets Oil prices take a breather as OPEC+ sticks to output plans SINGAPORE: Oil prices eased on Thursday following weak US payrolls data and some profit taking, but remained... Published 03 Feb, 2022 10:22am
Markets US oil may test support at $86.38 SINGAPORE: US oil may test a support at $86.38 per barrel, a break below which could cause a fall into $83.69-$85.29... Published 03 Feb, 2022 10:18am
Markets Egypt non-oil contraction deepens in January LONDON: Egyptian non-oil activity in the private sector shrank for a 14th month in January as output levels fell at... Published 03 Feb, 2022 09:36am
World Sri Lanka gets urgent $500m Indian loan to pay for oil COLOMBO: Sri Lanka was handed temporary relief from energy shortages and rolling blackouts on Wednesday with a $500... Published 03 Feb, 2022 04:02am
Markets Oil climbs toward 7-year highs on US stock draw, eyes on OPEC+ move TOKYO: Oil prices climbed on Wednesday toward last week's seven-year highs as a draw in US crude stocks confirmed... Published 02 Feb, 2022 01:28pm
Markets Top oil producers eye modest output boost as prices surge LONDON: The 23 members of the OPEC+ oil cartel, who meet on Wednesday, are expected to stick to their guns and... Published 02 Feb, 2022 09:44am
Markets Oil slips to $89 as OPEC+, US inventories eyed LONDON: Oil slipped on Tuesday, staying close to a seven-year high hit last week, weighed by expectations of a rise... Published 01 Feb, 2022 03:33pm
Markets Tank bottom: topping up a depleted world could push oil toward $100 Stocks of oil in some of the world's top economies have fallen to their lowest levels in almost a decade and a drive... Published 01 Feb, 2022 10:15am
Markets Oil edges higher on tight supply and post-pandemic recovery TOKYO: Oil prices edged higher on Tuesday, trading near seven-year highs hit last week, as investors bet supplies... Published 01 Feb, 2022 09:54am
Markets Geopolitical tensions hit UAE stocks, oil supports Saudi shares DUBAI: Stocks in the United Arab Emirates(UAE) dropped on Monday following four days of consecutive gains after... Published 01 Feb, 2022 04:07am
Markets US oil output rises 2pc in Nov NEW YORK: US crude production rose 2% in November to 11.753 million barrels per day, the highest since April 2020,... Published 01 Feb, 2022 04:07am
Markets Supply, geopolitics put oil on track NEW YORK: Oil prices were on track for their biggest monthly gain in almost a year on Monday, boosted by a supply... Published 01 Feb, 2022 04:07am
Markets Oil rises, heads for best month since Feb 2021 on supply concerns Brent crude rises $1.07, or 1.2%, to $91.10 a barrel at 0325 GMT Published 31 Jan, 2022 12:07pm
Markets Brent oil may retest resistance at $90.95 SINGAPORE: Brent oil may retest a resistance at $90.95 per barrel, a break above which could lead to again to ... Published 28 Jan, 2022 10:01am
Markets US oil may retest resistance at $88.62 SINGAPORE: US oil may retest a resistance at $88.62 per barrel, a break above which could lead to a gain to... Published 28 Jan, 2022 09:59am
Markets Oil heads for sixth weekly gain amid supply concerns TOKYO: Oil prices rose on Friday, set for their sixth weekly gain, amid concerns of tight supplies as major ... Updated 28 Jan, 2022 02:09pm
Markets Oil at seven-year high as Ukraine crisis overshadows Fed LONDON: Oil extended gains to seven-year highs above $90 a barrel on Thursday as the Ukraine crisis outweighed signs... Updated 27 Jan, 2022 05:51pm
Markets Oil slips as investors lock in profits ahead of Fed update TOKYO: Oil prices slipped on Wednesday as investors locked in profits ahead of an update from the US Federal Reserve... Published 26 Jan, 2022 01:58pm
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?