US oil may end bounce around $86.13-$86.38 zone and fall SINGAPORE: US oil may end its bounce around a resistance zone of $86.13 to $86.38 per barrel and resume its drop... Published 26 Jan, 2022 11:28am
Opinion Urgent energy issues—I We have an acute energy crisis and really, no action is being taken to ensure high efficiency for both power... Published 26 Jan, 2022 04:42am
Markets Oil prices rebound as growing political tensions fuel supply fears LONDON: Oil prices bounced back on Tuesday, recovering some of the previous day's losses, as growing tension in... Published 25 Jan, 2022 03:30pm
Markets Oil prices rise on supply disruption jitters as geopolitical tensions grow TOKYO: Oil prices climbed on Tuesday, regaining some of the ground lost in the previous day's sharp losses, on... Published 25 Jan, 2022 10:13am
Markets Peru eyes sanctions over Repsol oil spill LIMA: Peru’s Prime Minister Mirtha Vásquez said on Monday the government was looking at sanctioning a major local... Published 25 Jan, 2022 05:03am
Markets US oil CEOs offer opposing views on crude output growth HOUSTON: The chiefs of major US oil companies Occidental Petroleum Corp and ConocoPhillips offered differing ... Published 25 Jan, 2022 05:03am
Markets Oil rises on elevated geopolitical risks in Europe and Middle East LONDON: Oil prices rose on Monday on worries about supply disruption amid concerns about Russia-Ukraine discord and... Published 24 Jan, 2022 06:22pm
Markets Oil drops as investors scoop up profits after US inventory build TOKYO: Oil prices fell on Friday, after rising to seven-year highs this week, as investors took profits after a ... Published 21 Jan, 2022 11:29am
Markets Oil prices hover around 2014 highs, supported by supply concerns SINGAPORE: Oil steadied on Thursday, clawing back losses earlier in the session, as strong demand and short-term... Published 20 Jan, 2022 11:41am
Markets KSE-100 falls 1.48% as Covid cases, high oil prices dent sentiment Benchmark index bleeds due to pressure on cement, technology, and auto sector stocks Published 19 Jan, 2022 06:24pm
Markets Oil market headed for surplus as Omicron impact muted: IEA LONDON: Oil supply will soon overtake demand as some producers are set to pump at or above all-time highs, the... Published 19 Jan, 2022 02:48pm
Markets Oil highest since 2014 as Turkey outage adds to tight supply outlook SINGAPORE: Oil prices rose for a fourth day on Wednesday as an outage on a pipeline from Iraq to Turkey increased... Updated 19 Jan, 2022 01:14pm
Markets Oil steady as rising Libyan output offsets supply worries LONDON: Oil prices were steady on Monday as investor bets that global supply will remain tight amid restraint by... Updated 17 Jan, 2022 06:27pm
Markets Saudi index at highest in over 15 years; Egypt falls DUBAI: Saudi Arabia’s stock market ended higher on Sunday, in response to a rise in crude prices on Friday, while... Published 17 Jan, 2022 07:06am
Markets Kazakhstan produced 85.88m tonnes of oil in 2021 NUR-SULTAN: Kazakhstan produced 85.88 million tonnes of oil in 2021, its energy ministry said on Saturday. The... Published 16 Jan, 2022 04:17am
Pakistan Senate proceedings: 18 wells drilled but no oil or gas reserves found: Azhar ISLAMABAD: Eighteen wells have been drilled so far in Pakistan’s offshore area but no oil and gas reserves have... Updated 15 Jan, 2022 06:46am
Opinion LNG market and its challenges — I Since the beginning of the last few decades, LNG has become an extremely popular source of energy and many countries... Published 15 Jan, 2022 05:50am
Markets Oil dips as investors eye US crude release, China demand concerns SINGAPORE: Oil futures eased for a second session on Friday on expectations that Washington may soon act to cool... Published 14 Jan, 2022 10:57am
Markets Oil holds near $85/bbl on stronger demand prospects LONDON: Oil prices steadied near 2-month highs on Thursday, with Brent crude trading near $85 a barrel buoyed by... Published 13 Jan, 2022 03:57pm
Markets Oil struggles to hold gains amid mixed demand view MELBOURNE: Oil prices slipped on Thursday, trimming big gains from the previous two sessions, amid uncertainty over... Published 13 Jan, 2022 12:09pm
Markets Oil prices shrug off Omicron slump, soar to 2-month highs LONDON: Oil prices hit two-month highs on Wednesday on tight supply and easing concerns about the potential hit to... Updated 12 Jan, 2022 03:49pm
Markets Oil prices hold firm on hopes economic growth to support demand SINGAPORE: Oil prices steadied on Wednesday after rising in the previous session on expectations that fuel demand... Updated 12 Jan, 2022 02:28pm
Markets Oil prices edge up on Kazakhstan, Libyan supply worries SINGAPORE: Oil prices edged up on Monday as supply disruptions in Kazakhstan and Libya offset worries stemming from... Updated 10 Jan, 2022 01:09pm
Markets Oil prices jump over Kazakhstan unrest, while uranium less affected LONDON: Unrest in OPEC+ member Kazakhstan has pushed up oil prices as investors fear supply interruptions, but the... Published 09 Jan, 2022 10:17am
Markets Bitcoin slips ahead of hunt for rate clues in US payrolls LONDON: Global shares largely held their ground on Friday after nerves steadied on Wall Street while investors ... Published 07 Jan, 2022 03:26pm
Markets Oil price rises as Kazakh turmoil adds to supply worries LONDON: Oil prices rose and were heading for their biggest weekly gains since mid-December on Friday as unrest in... Published 07 Jan, 2022 03:16pm
Markets Oil heads for best week since mid-Dec, Kazakhstan unrest stokes supply worries MELBOURNE/BEIJING: Oil prices edged up on Friday, heading for their biggest weekly gains since mid-December, fuelled... Published 07 Jan, 2022 11:10am
Markets Oil falls from one-month high after US fuel inventory surge SINGAPORE: Oil prices lost ground on Thursday, falling more than $1 a barrel from their highest levels in more than ... Published 06 Jan, 2022 11:14am
Markets Most Gulf bourses track oil prices higher DUBAI: Most stock markets in the Gulf ended higher on Wednesday, tracking rising oil prices, as investors shrugged... Published 06 Jan, 2022 04:13am
Markets Oil rallies even as OPEC+ lifts output, US fuel demand slips NEW YORK: Oil prices rose on Wednesday, extending gains even after OPEC+ producers stuck to an agreed output target... Published 06 Jan, 2022 04:13am