Russia to provide crude oil to Pakistan at discounted rates: Musadik Malik State minister for petroleum says Russian government-level delegation will visit Pakistan in mid-January Updated 05 Dec, 2022 06:29pm
Markets Most Gulf markets ease as OPEC+ keeps steady policy Most stock markets in the Gulf fell in early trade on Monday, with the Saudi index leading the losses as OPEC+ kept... Published 05 Dec, 2022 02:05pm
Markets US oil may retest resistance at $83.20 SINGAPORE: US oil may retest a resistance at $83.20 per barrel, driven by a wave c. This is the third wave of a... Published 05 Dec, 2022 10:06am
World Russia will not export oil subject to Western price cap, says deputy PM MOSCOW: Russia, the world’s second largest oil exporter, will not sell oil that is subject to a Western price cap... Published 04 Dec, 2022 07:29pm
Markets OPEC+ agrees to keep output levels unchanged Representatives of 13 members, led by Riyadh, and their 10 allies headed by Moscow, decided to stick to their course agreed in October Published 04 Dec, 2022 06:51pm
Markets Oil dips ahead of OPEC+ meeting HOUSTON: Oil futures slipped by about $1 a barrel in choppy trading on Friday ahead of a meeting of the Organization... Published 04 Dec, 2022 03:37am
World Zelenskiy says level of price cap on Russia oil isn't serious KYIV: The $60 price cap on seaborne Russian oil agreed by Group of Seven nations and Australia is not serious and... Published 04 Dec, 2022 12:09am
Markets OPEC+ will keep oil policy unchanged in review talks: sources LONDON/DUBAI: OPEC+ will likely stick to its oil output targets when it meets on Sunday, five OPEC+ sources said on... Updated 03 Dec, 2022 10:09pm
World Ukraine welcomes Russian oil price cap agreed by EU, G7 KYIV: Ukraine on Saturday welcomed a $60 price cap on Russian oil agreed by the EU, G7 and Australia, saying it... Published 03 Dec, 2022 05:39pm
World Russia: price cap is ‘dangerous’ and will not curb demand for our oil Russia said on Saturday it would continue to find buyers for its oil, despite what it said was a “dangerous” attempt... Published 03 Dec, 2022 02:14pm
World Zelenskiy’s chief of staff: Price cap on Russian oil should be lowered to $30 a barrel KYIV: The price cap on Russian seaborne crude oil agreed to by the Group of Seven nations and Australia on Friday... Published 03 Dec, 2022 01:39pm
Opinion Prospects of oil from Russia: much love lost A delegation led by State Minister for Petroleum Musadik Malik, who wasd accompanied by the officials of Petroleum... Published 03 Dec, 2022 05:51am
Business & Finance OPEC set to stick or cut more amid plan to cap Russian oil price LONDON: Major oil producers are expected to stick to their current output strategy or even slash production further... Updated 03 Dec, 2022 09:58am
Markets Poland weighs adjustment in EU deal on Russian oil cap WARSAW: Approval of the tentative deal European Union governments reached on a price cap on Russian seaborne oil is... Published 02 Dec, 2022 07:17pm
Markets EU cap on Russian oil price on hold as Poland urges lower price BRUSSELS: The West’s plan to starve Russia of resources to fight its war in Ukraine by imposing a price cap on its... Published 02 Dec, 2022 06:02pm
Markets India to continue buying Russian oil: ministry source NEW DELHI: India will continue buying Russian oil because sanctions allow purchases provided that Western services... Published 02 Dec, 2022 04:51pm
Markets Oil ticks up ahead of OPEC+ meeting, EU Russian oil ban LONDON: Oil futures ticked higher on Friday ahead of a meeting of the Organization of the Petroleum Exporting... Updated 02 Dec, 2022 06:19pm
Markets Asia crude oil imports hit record high LAUNCESTON, (Australia): Asia’s crude oil imports most likely rose to a record high in November, but much of the... Published 02 Dec, 2022 07:29am
Business & Finance Russian rouble slumps to near 5-month low vs euro MOSCOW: The rouble dived on Thursday to a near five-month low against the euro and its lowest in almost seven weeks... Published 02 Dec, 2022 05:47am
Markets EU tentatively agrees $60 a barrel price cap on Russian seaborne oil BRUSSELS: European Union governments tentatively agreed on Thursday on a $60 a barrel price cap on Russian seaborne... Published 01 Dec, 2022 07:24pm
Markets Oil falls to near year’s lows on China demand worries NEW YORK: Oil prices slid on Monday, falling close to their lowest level this year, as street protests against ... Published 29 Nov, 2022 05:57am
Markets Oil prices fall as Chinese demand worries linger on NEW YORK: Oil prices fell 2% on Friday in thin market liquidity, closing a week marked by worries about Chinese... Published 27 Nov, 2022 05:58am
Pakistan Ishaq Dar says Pakistani delegation to leave for Russia for potential oil deal Federal Minister for Finance and Revenue Ishaq Dar said that a delegation from Pakistan, led by Minister of State ... Updated 26 Nov, 2022 06:49pm
World India seeks to use global energy challenge as opportunity, says minister NEW DELHI: India, the world's third biggest oil import, hopes to convert the current global oil challenges from the... Published 24 Nov, 2022 11:35pm
World Putin discusses West’s oil price cap with Iraqi leader Russian President Vladimir Putin on Thursday discussed Western attempts to cap the price of Russian oil during a... Published 24 Nov, 2022 08:42pm
Markets Asia fuel oil market firm on thin trade SINGAPORE: Asia’s fuel oil market was relatively stable on Wednesday amid thin trade, while weekly inventories ... Published 24 Nov, 2022 04:28am
Markets G7 looking at Russian oil price cap of $65-70 per barrel BRUSSELS: The Group of Seven nations (G7) is looking at a price cap on Russian sea-borne oil in the range of $65-70... Published 23 Nov, 2022 04:39pm
Markets India can buy as much Russian oil as it wants: US NEW DELHI: The United States is happy for India to continue buying as much Russian oil as it wants, including at... Published 15 Nov, 2022 05:52am
World India can buy as much Russian oil as it wants, outside price cap, Yellen says India is now Russia's largest oil customer other than China Updated 12 Nov, 2022 06:35pm
World India says Russia oil deals advantageous as Yellen visits Delhi NEW DELHI: India will continue buying Russian oil because it benefits the country, India’s foreign minister said on... Published 08 Nov, 2022 07:01pm