Oil rises on Russian refinery attacks, signs of strong demand LONDON: Oil rose on Wednesday, supported by potential supply disruption after Ukrainian attacks on Russian... Updated 13 Mar, 2024 05:32pm
Markets Oil rises on softer dollar, shipping attack LONDON: Oil prices rose for a second day on Thursday, buoyed by a softer dollar and another attack on shipping near... Updated 22 Feb, 2024 04:56pm
Markets Oil demand growth slowing as non-OPEC supply expands, says IEA LONDON: Global oil demand growth is losing momentum, the International Energy Agency (IEA) said on Thursday as it... Updated 15 Feb, 2024 05:27pm
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 Oil heads for weekly gain as Middle East tensions support LONDON: Oil was little changed on Friday and heading for a weekly gain, as Middle East tensions and oil output... Updated 19 Jan, 2024 05:19pm
Markets Oil perks up as Red Sea tensions spark investor jitters LONDON: Global oil benchmark Brent topped $80 a barrel on Wednesday amid jitters over global trade disruption and... Updated 20 Dec, 2023 05:11pm
Markets Oil rises on weaker dollar, IEA demand upgrade LONDON: Oil prices rose on Thursday, extending the previous session’s gains, boosted by a weaker dollar and as the... Updated 14 Dec, 2023 05:25pm
Markets Oil prices fall amid skepticism on OPEC+ supply cuts Oil prices fell on Thursday after rising by more than 1% earlier in the session after OPEC+ oil producers agreed to... Updated 30 Nov, 2023 10:30pm
Markets Higher gasoline prices seen boosting US inflation in August WASHINGTON: US consumer prices likely increased by the most in 14 months in August amid a surge in the cost of... Published 13 Sep, 2023 10:36am
Markets Oil falls as concerns about China outweigh extended cuts LONDON: Oil prices eased on Thursday as an uncertain economic outlook for China outweighed expectations of tighter... Updated 07 Sep, 2023 07:36pm
Markets Oil steadies as China woes persist LONDON: Oil prices were little changed on Tuesday as investors remained focused on the likelihood of China’s... Updated 22 Aug, 2023 06:44pm
Markets Oil hits new highs as tighter supply offsets China demand concern LONDON: Oil hit new peaks on Wednesday with Brent crude touching the highest since April as tighter supply owing to... Updated 09 Aug, 2023 04:40pm
Markets Oil climbs, fuelled by tighter supplies, China stimulus LONDON: Oil prices rose on Friday, buoyed by evidence of tightening supplies and economic stimulus in... Updated 21 Jul, 2023 05:02pm
Markets Oil stuck between supply strains and economic doubt LONDON: Oil prices were little changed on Wednesday in a market caught between expectations supply cuts by the... Updated 12 Jul, 2023 05:55pm
Markets Oil stable ahead of key US inflation data, set for monthly drop LONDON: Oil prices were stable on Friday ahead of key US inflation data which could give clues on future interest... Updated 31 Mar, 2023 05:12pm
Markets Oil edges higher as markets debate supply tightness HOUSTON: Oil edged slightly higher on Wednesday as worries of tight supply after an unexpected draw in U.S. oil... Updated 29 Mar, 2023 09:31pm
Markets US natgas hits 13-year high again on small storage build, output drop NEW YORK: US natural gas futures jumped about 3% to a fresh 13-year high on Thursday on a smaller than expected... Published 27 May, 2022 05:50am
Markets Oil rises on EU’s Russian oil ban effort, demand hopes LONDON: Oil hit its highest in seven weeks on Tuesday, supported by the European Union’s ongoing push for a ban on... Updated 17 May, 2022 01:43pm
Markets Permian oil output forecast to hit record high in June NEW YORK: Oil output in the Permian in Texas and New Mexico, the biggest US shale oil basin, is due to rise 88,000... Published 17 May, 2022 06:29am
Markets Energy conference kicks off as Ukraine conflict leaves oil market in turmoil The world's biggest gathering of energy industry leaders kicks off in Houston Monday, as Russia's invasion of ... Published 07 Mar, 2022 01:39pm
Markets US natgas soars on contract expiration on scant volume NEW YORK: US natural gas futures soared over 60% in the last half hour of trading on Thursday, in a late flurry of... Published 29 Jan, 2022 06:05am
Markets US natgas slips on rising output, drop in European gas NEW YORK: US natural gas futures fell more than 3% on Thursday as output continues to rise and the US market ... Published 01 Jan, 2022 04:07am
Markets US natgas slips on milder weather, lower demand forecasts NEW YORK: US natural gas futures fell more than 6% on Thursday, weighed down by forecasts for milder weather and... Published 26 Dec, 2021 03:57am
Markets Oil rises on higher demand forecasts, tight supplies NEW YORK: Oil prices rose for a third day on Tuesday after the United States lifted travel restrictions and other... Published 10 Nov, 2021 05:47am
Markets US natgas rise on soaring global prices NEW YORK: US natural gas futures rose about 4% on Thursday as worries Europe will not have enough gas in storage for... Published 01 Oct, 2021 04:07am
Markets Asia’s gasoline crack cuts some losses; naphtha gains Asia NEW DELHI: Asia’s gasoline crack pared some losses on Thursday as data showed rise in India’s monthly... Published 10 Sep, 2021 04:41am
Markets US natgas falls on less hot forecasts, big storage build NEW YORK: US natural gas futures fell to a fresh one-week low on Thursday on forecasts for slightly less hot weather... Published 13 Aug, 2021 04:44am
Markets US natgas up as forecasts project warmer weather NEW YORK: US natural gas futures edged up on Friday, as forecasts projected increased demand amid warmer than usual... Published 11 Jul, 2021 04:01am
Markets Oil steadies after hitting 2-year high as demand hopes face supply growth NEW YORK: Oil prices ended mostly unchanged on Monday, after hitting their highest levels in more than two years, as... Published 15 Jun, 2021 03:30am
Markets US shale oil output to climb by 38,000 bpd in July NEW YORK: US oil output from seven major shale formations is expected to rise by about 38,000 barrels per day (bpd)... Published 15 Jun, 2021 03:30am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
In historic visit, Iran President Raisi says decision made to increase bilateral trade five-fold to $10bn