Oil rises over 1pc NEW YORK: Oil prices rose over 1% on Monday after China’s move to reopen its borders boosted the outlook for fuel... Published 10 Jan, 2023 06:00am
Business & Finance Oil prices fall nearly 5pc on worry over global economy NEW YORK: Oil fell nearly 5 percent on Wednesday after slumping in the previous session, weighed down by demand... Published 05 Jan, 2023 05:58am
Markets Oil prices fall further as concerns grow over global economy LONDON: Oil fell sharply on Wednesday after slumping in the previous session, weighed down by demand concerns... Updated 04 Jan, 2023 08:26pm
Markets Oil prices rise over $2 on drawdown in US crude stocks HOUSTON: Oil prices rose by more than $2 on Wednesday after data showed a larger-than-expected draw in US crude... Published 22 Dec, 2022 05:57am
Markets Oil dips, hits lowest mark since January HOUSTON: Oil edged to its lowest since the start of the year in volatile trading, after US government data showed an... Published 08 Dec, 2022 05:58am
Markets Oil pares losses after cooler than expected US inflation LONDON: Oil pared losses on Thursday, still heading for a fourth consecutive daily decline, as cooler than expected... Published 11 Nov, 2022 05:54am
Markets European stocks snap three-day gains BENGALURU: European shares snapped a three-day advance on Wednesday, weighed down by economically sensitive stocks,... Published 10 Nov, 2022 05:50am
Markets Oil rises on strong crude demand, despite China fears LONDON: Oil rose on Thursday, extending a rally of nearly 3% in the previous session, as optimism over record U.S.... Updated 27 Oct, 2022 06:27pm
Markets U.S. crude stocks jump by nearly 9 million barrels: EIA U.S. crude stockpiles surged by nearly 9 million barrels last week due to a combination of increased imports and... Published 08 Sep, 2022 08:52pm
Markets Oil up nearly 3pc as OPEC+ agrees to small oil output cut HOUSTON: Oil prices rose about 3% on Monday, as OPEC+ members agreed to a small production cut of 100,000 barrels ... Published 06 Sep, 2022 04:08am
Markets Oil climbs ahead of OPEC+ meeting NEW YORK: Oil prices rose on Friday on expectations that OPEC+ will discuss output cuts at a meeting on Sept. 5,... Published 04 Sep, 2022 05:44am
Markets US crude, fuel stockpiles shrink while gasoline demand drops: EIA US crude and fuel inventories fell last week, the Energy Information Administration said on Wednesday, while... Published 24 Aug, 2022 09:32pm
Markets Oil up 3% on U.S. crude stocks data, tight supply outlook NEW YORK: Oil prices gained about 3% on Thursday as robust U.S. fuel consumption data and an expected drop in... Updated 18 Aug, 2022 09:15pm
Markets Oil edges off low as strong export demand drains US crude stocks HOUSTON: Oil prices rose about 1.5% after hitting a six-month low on Wednesday, as a steeper-than-expected drawdown... Published 18 Aug, 2022 05:27am
Markets Most Gulf bourses in red on selling pressure, falling oil prices DUBAI: Most stock markets in the Gulf ended lower on Thursday, as selling pressures and declining oil prices pushed... Published 05 Aug, 2022 06:27am
Markets Wall St slips as hot inflation data rattles investors NEW YORK: US stocks slipped on Wednesday after hotter-than-expected inflation data fanned fears that the Federal... Published 14 Jul, 2022 05:00am
Markets US crude, distillate inventories rise: EIA NEW YORK: US crude stocks and distillate inventories rose while gasoline inventories fell, the Energy Information... Published 08 Jun, 2022 07:52pm
Markets U.S. crude, fuel stockpiles fall in tight market: EIA U.S. crude oil and fuel stockpiles fell last week, as demand continued to outstrip supply, with commercial crude... Published 02 Jun, 2022 09:03pm
Markets US oil output rises 3% in March to highest since November: EIA NEW YORK: US crude oil production rose in March by more than 3% to the highest since November, according to a... Published 31 May, 2022 09:25pm
Markets US oil dips below $100 a barrel on economic worries, strong dollar HOUSTON: The US crude oil price dipped below $100 a barrel on Tuesday to its lowest level in two weeks as the demand... Published 11 May, 2022 04:58am
Markets Oil slips nearly 1pc on broader demand concerns NEW YORK: Oil slipped nearly 1% on Wednesday, extending losses for a second day, as broader concerns about economic... Published 21 Apr, 2022 05:26am
Markets Oil up over 2pc on tight supply, prospects of new Russia sanctions NEW YORK: Oil prices gained over 2% on Wednesday as another US crude stock drawdown indicated tight supplies and... Published 31 Mar, 2022 05:11am
Markets US crude stockpiles rise, fuel inventories fall: EIA NEW YORK: US crude stockpiles rose sharply while gasoline and distillate inventories fell last week, the Energy... Published 24 Feb, 2022 09:48pm
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 rises modestly as US crude stockpiles dwindle EIA shows expected fall in US crude stocks Oil supplies continue to tighten worldwide Published 20 Oct, 2021 08:07pm
Markets Surging oil prices lift material, energy stocks on Wall St US stock futures pare losses, Nikkei aided by yen drop Oil leads energy complex higher, stokes inflation risk Dollar reaches highest on yen since late 2018 Updated 11 Oct, 2021 09:03pm
Markets Oil drops for 2nd session on unexpected rise in US inventories SINGAPORE: Oil prices dropped for a second session Thursday, under pressure from an unexpected rise in US crude... Published 07 Oct, 2021 11:16am
Markets Oil retreats from multi-year highs after US stock build OPEC+ stick to plan for gradual supply hikes U.S crude, gasoline stocks rise unexpectedly last week -EIA US crude output returns to pre-storm levels – EIA Updated 06 Oct, 2021 10:04pm
Markets Oil prices little changed on report China ready to buy more NEW YORK: Oil futures were little changed on Thursday as reports China was prepared to buy more oil and other energy... Published 01 Oct, 2021 04:07am
Markets Oil prices steady after weak Asian data NEW YORK: Oil prices were broadly stable on Tuesday, recouping some losses incurred earlier in the session on the... Published 18 Aug, 2021 04:00am