Oil heads for weekly gain on hopes of firmer demand LONDON: Oil steadied on Friday, with global benchmark Brent heading for its first weekly gain in three weeks, as... Updated 17 May, 2024 05:55pm
Markets Oil rebounds, gains 1% after US crude draw, lukewarm inflation data NEW YORK: Oil prices rose nearly 1% on Wednesday from a two-month low in the prior session as the market balanced... Updated 16 May, 2024 12:34am
Markets Oil down on inflation, supply risks in Mideast HOUSTON: Oil prices fell on Tuesday, after fresh US data indicated inflation remains sticky, while potential risks ... Published 15 May, 2024 05:47am
Markets Oil dips as US data suggests inflation stickier than expected LONDON: Oil prices edged lower on Tuesday, after US data suggested inflation remains sticky, while OPEC maintained... Updated 14 May, 2024 07:47pm
Markets Oil benchmark Brent above $84 on perky US, China demand signals LONDON: Global benchmark Brent hovered above $84 a barrel on Friday after data this week signalled growing demand in... Updated 10 May, 2024 11:57pm
Markets Oil holds near one-week high on rising demand hopes after China, US data NEW YORK: Oil prices held near a one-week high on Thursday as data from China and the U.S. that signalled demand in... Updated 09 May, 2024 11:12pm
Markets Oil prices rise NEW YORK: Oil prices edged higher on Wednesday after US oil storage data showed a larger-than-expected draw in crude... Published 09 May, 2024 03:11am
Markets Oil slides as easing supply concerns overshadow ME tensions NEW YORK: Oil prices steadied on Tuesday as easing supply concerns and signs of weakening demand countered fears of... Published 08 May, 2024 07:33am
Markets Oil steadies as weak physical markets balance Middle East tensions LONDON: Oil steadied on Tuesday as weakness in the physical market countered concern about conflict in the Middle... Updated 07 May, 2024 04:53pm
Markets Oil climbs as Gaza tensions rise, KSA hikes prices HOUSTON: Oil futures rose on Monday after Saudi Arabia hiked June crude prices for most regions and as the prospect... Published 07 May, 2024 07:30am
Markets OMAP for formation of dedicated unit within SIFC LAHORE: The Oil Marketing Association of Pakistan (OMAP) has proposed the establishment of a dedicated unit within... Published 07 May, 2024 06:23am
Markets Oil climbs as Gaza tensions rise, Saudi Arabia hikes prices LONDON: Oil futures climbed on Monday after Saudi Arabia hiked June crude prices for most regions and as the... Updated 06 May, 2024 04:50pm
Markets Oil prices down on US jobs data NEW YORK: Oil prices settled lower on Friday, and posted their steepest weekly loss in three months as investors... Published 05 May, 2024 02:54am
Markets UAE’s April non-oil business activity slows sharply on flood impact, PMI shows DUBAI: Growth in the United Arab Emirates’ non-oil business sector eased to its lowest level in eight months in... Published 03 May, 2024 10:26am
Markets Oil prices set for steepest weekly drop in 3 months LONDON: Oil prices edged higher on Friday yet remained on course for their steepest weekly loss in three months... Updated 03 May, 2024 05:37pm
Markets Oil slides to 7-week low NEW YORK: Oil prices fell to a seven-week low for the second consecutive session on Thursday, weighed by weakening... Published 03 May, 2024 06:29am
Markets Oil prices rebound after closing at seven-week low LONDON: Oil prices rose on Thursday, rebounding from three days of losses that took prices to their lowest since... Updated 02 May, 2024 06:02pm
Markets Oil falls to 7-week low on surprise build in US storage NEW YORK: Oil prices fell about 3% to a seven-week low on Wednesday on a surprise build in US crude stocks, the... Published 02 May, 2024 04:58am
Markets Japanese rubber futures drop as softer oil prices diminish risk appetite TOKYO: Japanese rubber futures dropped on Wednesday, as softer oil prices and falling Tokyo stock market diminished... Published 02 May, 2024 04:58am
Markets Oil falls to 7-week low on surprise build in US storage, Middle East ceasefire hopes US Energy Information Administration says energy firms added surprise 7.3 million barrels of crude into stockpiles during week ended April 26 Updated 01 May, 2024 08:36pm
Markets OPEC oil output falls in April, led by Iran and Iraq, survey finds LONDON: OPEC oil output has fallen in April, a Reuters survey found on Tuesday, reflecting lower exports from Iran,... Published 01 May, 2024 04:14am
Markets Saudi Arabia may raise prices for most oil grades to Asia for June SINGAPORE: Top oil exporter Saudi Arabia may raise prices for most of the crude grades it sells to Asia in June to... Published 29 Apr, 2024 03:02pm
Markets Oil prices on track to snap two-week losing streak LONDON: Oil prices rose on Friday, on track to end higher this week after two straight weeks of losses, after a top... Updated 26 Apr, 2024 03:20pm
Markets Oil eases on US fuel demand concerns HOUSTON: Oil prices edged down on Thursday after slower economic growth in the first quarter added to concerns of... Published 26 Apr, 2024 04:15am
Markets Oil eases on US fuel demand concerns HOUSTON: Oil prices edged down on Thursday after slower economic growth in the first quarter added to concerns of... Updated 25 Apr, 2024 09:13pm
Markets Oil prices fall as US business activity cools NEW YORK: Oil prices were moderately lower on Wednesday as worries over conflict in the Middle East eased and... Published 25 Apr, 2024 03:05am
Markets Oil prices gain as dollar slips, focus shifts to economic data NEW YORK: Oil prices rose a dollar a barrel on Tuesday as the US dollar index fell to its lowest in over a week and... Published 24 Apr, 2024 03:50am
Markets US crude futures climb back into positive territory HOUSTON: U.S. crude futures returned to positive territory on Monday after falling on easing fears of a wider... Updated 22 Apr, 2024 09:07pm
Markets China's imports of Russian oil near record high in March BEIJING: Russia remained China’s top oil supplier in March, data showed on Saturday, as refiners snapped up stranded... Published 20 Apr, 2024 06:30pm
Markets US bonds rally on reports of Middle East missile strike SINGAPORE: US Treasuries rallied sharply as news reports of explosions in Iran and a possible Israeli missile strike... Published 19 Apr, 2024 11:03am
