US crude output rises in March HOUSTON: US crude oil production rose in March to its highest this year, while product supplied fell, data from the... Published 02 Jun, 2024 02:53am
Markets Saudi Arabia’s crude exports hit nine-month high in March Saudi Arabia’s crude oil exports rose for the second straight month in March, reaching their highest in nine months,... Published 20 May, 2024 05:19pm
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 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... 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 sheds more than $1/barrel after Iran attack NEW YORK: Oil prices sank by about $1 a barrel on Monday after Iran’s weekend attack on Israel proved to be less... Updated 15 Apr, 2024 08:50pm
Markets Wall Street Week Ahead: Surging US energy shares reflect robust growth, inflation worries NEW YORK: US energy shares are soaring as investors benefit from rising oil prices and a stronger-than-expected... Published 15 Apr, 2024 03:56am
Markets Brent oil futures rise towards $90 as supply risks intensify LONDON: Oil prices extended gains on Wednesday, as investors mulled supply risks stemming from Ukrainian attacks on... Updated 03 Apr, 2024 05:17pm
Markets Brent oil hits highest price this year on fresh supply threats Global oil benchmark Brent on Tuesday rose above $89 a barrel for the first time since October, albeit briefly, as... Updated 02 Apr, 2024 09:48pm
Markets Saudi Arabia may hike May crude oil prices to Asia SINGAPORE: Top oil exporter Saudi Arabia may raise the official selling price (OSP) for flagship Arab Light crude in... Published 01 Apr, 2024 01:05pm
Markets US crude oil production down in Jan HOUSTON: US crude oil production dropped in January to 12.533 million barrels per day (bpd), a 6% decline from... Published 30 Mar, 2024 06:39am
Markets Oil retreats from multi-month highs ahead of Fed decision LONDON: Oil prices edged lower on Wednesday after hitting multi-month highs in the previous session, as investors... Updated 20 Mar, 2024 04:48pm
Markets Oil holds firm on OPEC demand forecast and U.S. fuel stocks LONDON: Oil prices edged higher on Wednesday, holding on to Tuesday’s gains on a robust demand growth forecast from... Updated 14 Feb, 2024 08:54pm
Markets Gulf markets gain ahead of US inflation report DUBAI: Most stock markets in the Gulf ended higher on Tuesday, as investors waited for a US inflation report to ... Published 14 Feb, 2024 02:34am
Markets Oil rises as Middle East tensions offset economy concerns LONDON: Oil rose around 1% on Wednesday in a second day of gains as Middle East supply concerns arising from the... Updated 10 Jan, 2024 09:23pm
Markets Oil gains ahead of OPEC+ meeting as Black Sea shutdowns support LONDON: Oil prices rose on Wednesday as investors turned their attention to an OPEC+ meeting to decide on output... Updated 29 Nov, 2023 04:58pm
Markets Oil slumps over two percent NEW YORK: Oil prices tanked more than 2% on Wednesday as OPEC+ producers unexpectedly delayed a meeting on ... Published 23 Nov, 2023 03:19am
Markets Oil prices ease from 10-month highs but hold above $90 a barrel LONDON: Oil prices edged lower on Monday after fresh Saudi and Russian crude output cuts had driven prices to... Updated 11 Sep, 2023 04:31pm
Markets Asia stock markets weaken amid ongoing retreat from Chinese property sector SYDNEY: Asia stock markets weakened on Monday as investors in China sold off shares in property developers,... Published 11 Sep, 2023 09:25am
Markets Oil slips on weak China outlook HOUSTON: Oil prices edged down on Thursday as an uncertain outlook for demand from China overshadowed the latest US... Published 08 Sep, 2023 06:01am
Markets US oil, gas output nears peak LONDON: US crude oil production increased again in June and is nearing the record high set before the pandemic, but... Published 05 Sep, 2023 06:22am
Markets US crude stocks to fall further, end below year-ago levels, say analysts HOUSTON: US crude oil stocks have fallen to their lowest level this year and likely will shrink further, analysts... Published 04 Sep, 2023 11:12am
Markets Oil edges up on US crude stockpile draw, hurricane jitters NEW YORK: Oil prices extended gains on Wednesday after U.S. government data showed tighter-than-expected crude... Updated 30 Aug, 2023 08:28pm
Markets Oil rises as Hurricane Idalia threatens to hit tight supplies BENGALURU: Oil prices edged higher on Tuesday as Hurricane Idalia intensified as it headed towards Florida’s Gulf... Published 30 Aug, 2023 03:33am
Markets US oil may rise into $73.16-$73.89 range SINGAPORE: US oil may rise into a range of $73.16 to $73.89 per barrel, as it has found a strong support at $70.10.... Published 07 Jun, 2023 09:55am
Markets US oil may test support $71.05 SINGAPORE: US oil may test a support of $71.05 per barrel, a break below which could open the way towards... Published 06 Jun, 2023 09:44am
Markets US oil may test support zone $72.18-$72.70 SINGAPORE: US oil may test a support zone of $72.18-$72.70 per barrel, a break below which could open the way... Published 05 Jun, 2023 09:29am
Markets US crude March output hits 3-year high as Texas production grows: EIA NEW YORK: US field production of crude oil rose in March to 12.696 million barrels per day, the highest since March... Published 31 May, 2023 09:29pm
Markets Oil steady as US default risk offsets demand outlook LONDON: Oil prices were steady on Monday as caution relating to US debt ceiling talks dragged on optimism over... Updated 22 May, 2023 02:57pm
