Oil rises as US data keeps June rate cut prospect NEW YORK: Oil prices edged higher on Thursday as US inflation data reinforced expectations for a June cut to ... Published 01 Mar, 2024 02:59am
Markets Oil prices steady as US data keeps June rate cuts on the table LONDON: Oil prices were little changed Thursday as January U.S. inflation data reinforced expectations for a June... Updated 29 Feb, 2024 07:32pm
Markets Oil falls 1% on Fed rate cut caution and stocks build LONDON: Oil prices pulled back on Wednesday as the prospect of delays to U.S. interest rate cuts and a jump in U.S.... Updated 28 Feb, 2024 06:05pm
Markets Oil prices higher HOUSTON: Oil prices edged higher on Tuesday as the market focused on uncertainty over a potential Gaza ceasefire and... Published 28 Feb, 2024 06:10am
Markets Oil prices steady as investors weigh up Gaza ceasefire signals LONDON: Oil prices were largely stable on Tuesday, as investors weighed up signals of a Gaza ceasefire against the... Updated 27 Feb, 2024 04:30pm
Markets Oil gains on possible shipping disruptions HOUSTON: Oil prices rose in early US trading on Monday on expectations of tighter supply and the risk of disruptions... Published 27 Feb, 2024 03:06am
Markets Oil dips amid cautious interest rate outlook, Mideast tension LONDON: Oil prices slipped a little on Monday amid speculation that stronger than expected inflation could delay... Updated 26 Feb, 2024 10:08pm
Markets Global lubricant giant Gulf Oil enters Pakistan In a key development for the country’s oil sector, global lubricants giant Gulf Oil announced that it has entered... Published 24 Feb, 2024 09:34pm
Markets Oil set for weekly decline with Fed in no rush to cut interest rates LONDON: Oil prices fell on Friday and were on track for a weekly decline after the U.S. central bank indicated that... Updated 23 Feb, 2024 06:26pm
Markets Oil rises on shipping tensions HOUSTON: Oil futures rose on Thursday as attacks continued on shipping in the Red Sea near Yemen but a large build ... Published 23 Feb, 2024 06:36am
Markets Oil rises on softer dollar, shipping attack LONDON: Oil prices rose for a second day on Thursday, buoyed by a softer dollar and another attack on shipping near... Updated 22 Feb, 2024 04:56pm
Business & Finance Sri Lanka repays $20m Iranian oil debt with tea COLOMBO: Cash-strapped Sri Lanka said Wednesday it had exported tea worth $20 million to Iran to partially repay its... Published 22 Feb, 2024 06:55am
Markets Oil steady as investors weigh US rate cut outlook with Middle East tensions LONDON: Oil prices steadied on Wednesday, stabilising from losses in the previous session, as growing expectations... Updated 21 Feb, 2024 08:57pm
Markets Oil dips as demand outlook remains uncertain NEW YORK: Oil prices fell on Tuesday, with an uncertain outlook for global demand knocking value off crude futures... Published 21 Feb, 2024 05:29am
Markets Oil steadies as demand jitters counter Middle East conflict LONDON: Global oil benchmark Brent crude was little changed on Monday, hovering around $83 a barrel as festering... Updated 19 Feb, 2024 06:17pm
Business & Finance UAE’s non-oil trade hits record $953bn in 2023 DUBAI: The United Arab Emirates’ non-oil trade reached a record high 3.5 trillion dirhams ($952.93 billion) in... Published 19 Feb, 2024 05:24am
Markets Oil prices higher NEW YORK: Oil prices settled higher on Friday as geopolitical tensions in the Middle East more than offset a ... Published 18 Feb, 2024 03:01am
Markets Oil slides 1% as weaker IEA demand outlook offsets rate cut hopes LONDON: Oil fell by about 1% on Friday as slowing demand forecast by the International Energy Agency (IEA) offset... Updated 16 Feb, 2024 07:13pm
Markets Oil rises on weaker dollar NEW YORK: Oil prices rebounded from earlier losses on Thursday on the back of a weak dollar, but an International... Published 16 Feb, 2024 06:02am
Markets Oil slips as US crude build counters upbeat demand forecast NEW YORK: Oil futures slipped on Wednesday as surging US crude inventories weighed on prices, but losses were ... Published 15 Feb, 2024 05:39am
Markets Oil prices rise on ME tensions HOUSTON: Oil prices rose on Tuesday as tensions in the Middle East stoked future supply concerns, but gains were... Published 14 Feb, 2024 02:34am
Markets Oil little changed as demand concerns offset ME tensions NEW YORK: Oil futures were little changed on Monday as rising concerns about global demand caused the market to take... Published 13 Feb, 2024 05:59am
Markets Energy transition spurred Saudi halt to oil expansion: official RIYADH: Saudi Arabia’s surprise decision to halt a planned expansion of its oil production capacity reflects... Published 13 Feb, 2024 05:59am
Business & Finance Oil heads for weekly gain NEW YORK: Oil prices were on track for gains of 6% on a week-on-week basis amid persistent tensions in the Middle... Published 10 Feb, 2024 05:48am
Markets Oil rises 1%, heads for weekly gain as Middle East conflict rages LONDON: Oil prices rose on Friday and were on track for gains of almost 7% week-on-week, amid persistent tensions in... Updated 09 Feb, 2024 09:25pm
Markets Oil up on Gaza ceasefire rejection NEW YORK: Oil prices gained over 2% on Thursday on concerns of a broadening conflict in the Middle East after Israel... Published 09 Feb, 2024 03:29am
Markets Oil up 2% on Gaza ceasefire rejection and US fuel stocks data Wider Middle East tensions have kept the market on edge since October, with limited progress in talks to end the Gaza conflict Updated 08 Feb, 2024 11:57pm
Markets Oil gains on tighter supply prospects, Gaza ceasefire talks in focus HOUSTON: Oil prices rose on Tuesday in anticipation of tighter supply later in February while markets watched US... Published 07 Feb, 2024 05:30am
Markets Oil gains as Gaza ceasefire talks in focus LONDON: Oil prices maintained upward momentum on Tuesday as investors awaited the result of top U.S. diplomat Antony... Updated 06 Feb, 2024 07:06pm
Markets Oil slips as rate cut caution overshadows Mideast strikes LONDON: Oil prices slipped again on Monday as a strong U.S. job report which capped sharp falls last week dampened... Updated 05 Feb, 2024 05:51pm
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?