China oil demand to peak by 2030 on petrochemical use BEIJING: China’s oil consumption is expected to keep growing for a decade on robust chemical demand, reaching a... Published 28 Dec, 2021 03:54am
Markets Iran's oil exports are focus of Vienna nuclear talks, top diplomat says Iran's main focus in nuclear talks that resume in Austria on Monday will be the lifting of all US sanctions in a... Published 27 Dec, 2021 04:10pm
Markets US oil may rise into $74.98-$76.59 range SINGAPORE: US oil may retest a resistance at $73.99 per barrel, a break above which could lead to a gain into... Published 27 Dec, 2021 11:22am
Markets Brent oil may extend gains into $77.77-$78.78 range The wave (c) has been closely observing a set of projection levels on an uptrend from $69.24 Published 27 Dec, 2021 11:20am
Markets China oil demand to peak by 2030 on petrochemical use BEIJING: China's oil consumption is expected to keep growing for a decade on robust chemical demand, reaching a peak... Published 27 Dec, 2021 10:58am
Markets Oil prices drop as COVID-19 surge prompts flight cancellations SINGAPORE: Oil prices fell on Monday, with US crude plunging more than a dollar, after airlines called off thousands... Updated 27 Dec, 2021 02:33pm
Print Omicron panic pummels equities, oil LONDON: Global equity and oil markets slumped Monday on investor panic over the impact of worldwide measures to... Published 21 Dec, 2021 04:14am
Business & Finance Hammad dismisses media reports, says enough POL stocks in country Energy minister says stock worth 28 days of consumption available for petrol Published 17 Dec, 2021 01:04pm
Markets Goldman Sachs expects oil demand to hit record levels in 2022, 2023 SINGAPORE: Goldman Sachs expects average global oil demand to hit record levels in the next two years on the back of... Published 17 Dec, 2021 10:49am
Markets Oil prices head for weekly loss on Omicron coronavirus uncertainty SINGAPORE: Oil prices dipped on Friday, putting the market on track for a narrow weekly loss, as surging cases of ... Updated 17 Dec, 2021 12:27pm
Markets Oil rises towards $75 as US demand and Fed outweigh virus concern LONDON: Oil rose towards $75 on Thursday supported by record US implied demand and falling crude stockpiles, even as... Published 16 Dec, 2021 03:28pm
Markets Oil prices fall on demand concerns over Omicron spread SINGAPORE: Oil prices fell on Tuesday due to investor worries about demand after renewed restrictions were imposed ... Updated 14 Dec, 2021 11:07am
Markets Oil fall as Omicron risks weigh LONDON: Oil fell on Monday as new concerns about the Omicron coronavirus variant and doubts around the effectiveness... Published 13 Dec, 2021 06:36pm
Markets Oil steady but Omicron risks weigh LONDON: Oil was steady on Monday, but new concerns about the Omicron coronavirus variant and doubts around the... Updated 13 Dec, 2021 03:46pm
Business & Finance C$ ends weekly losing streak TORONTO: The Canadian dollar edged lower against its US counterpart on Friday but held onto much of its weekly gain,... Published 13 Dec, 2021 06:45am
Markets Oil prices sit tight, tracking biggest weekly gain since late Aug MELBOURNE/BEIJING: Oil prices drifted in a narrow range on Friday, on track to their biggest weekly gain since late... Published 10 Dec, 2021 11:44am
Markets Oil adds to gains as worries over Omicron ease MELBOURNE/BEIJING: Oil prices rose on Thursday, extending gains into a fourth session on positive comments from... Published 09 Dec, 2021 11:19am
Markets Oil prices ease as investors wait for assessment of Omicron's impact TOKYO: Oil prices eased on Wednesday, taking a breather after two days of gains, as investors waited for an... Published 08 Dec, 2021 11:44am
Markets Oil prices climb on easing Omicron fears, Iran delay SINGAPORE: Oil prices edged up on Tuesday after a near 5% rebound the day before as concerns about the impact of the... Published 07 Dec, 2021 11:55am
Markets European stocks climb on Omicron hope, oil rebounds LONDON: European equities advanced Monday on hopes that the Omicron coronavirus variant might not be as damaging as... Published 07 Dec, 2021 06:29am
Markets Oil rebounds towards $72 on Omicron hopes and Iran talks LONDON: Oil climbed by $2 a barrel towards $72 on Monday on hopes that the Omicron coronavirus variant would have a... Published 07 Dec, 2021 06:29am
Markets Oil rebounds more than $1/bbl after Saudi price hike SINGAPORE: Oil prices rose by more than $1 a barrel on Monday after top exporter Saudi Arabia raised prices for its... Published 06 Dec, 2021 10:50am
Markets Oil climbs as investors focus on looming OPEC+ decision LONDON: Oil prices rose on Thursday as investors adjusted positions ahead of an OPEC+ decision on supply policy,... Published 02 Dec, 2021 06:20pm
Markets Commodity, travel stocks lift UK shares as Omicron fears ease • Oil rebounds ahead of OPEC meeting • Pendragon gains on upgraded profit outlook • Blue Prism agrees to be... Published 02 Dec, 2021 03:57am
Markets Oil positions and prices back to neutral after Omicron-triggered flash crash: Kemp LONDON: Portfolio managers were already selling oil even before news of the Omicron coronavirus variant sent prices... Published 02 Dec, 2021 03:57am
Markets Oil gains on bets OPEC+ will pause output hike MELBOURNE/SINGAPORE: Oil prices climbed on Tuesday, extending a rebound from last week's plunge on growing... Published 30 Nov, 2021 09:55am
World Norway rules out 2022 oil licences in 'virgin areas' OSLO: Norway will not grant new oil exploration licences in virgin or little-explored areas in 2022 under a ... Published 30 Nov, 2021 12:33am
Markets Oil rebounds on speculation OPEC+ may pause output increase TOKYO: Oil prices rebounded on Monday as investors looked for bargains after Friday's slump and on speculation that... Published 29 Nov, 2021 12:26pm
Markets After bold bet on US LNG, Sinochem seeks imports tie-up with PipeChina SINGAPORE: China’s Sinochem Group is in advanced talks with state-owned PipeChina for using the energy... Published 24 Nov, 2021 05:18am