Asia stocks drift, dollar firm as Fed rate path pondered TOKYO: Asian stocks lacked direction on Wednesday, while the dollar remained firm despite lower US Treasury yields... Published 08 May, 2024 12:09pm
Markets Oil slips after Iran plays down reported Israeli attack Oil slipped on Friday following an earlier price spike of more than $3 after Iran played down reported Israeli... Updated 19 Apr, 2024 08:40pm
Markets Oil steadies as markets weigh Russian supply woes LONDON: Oil prices were little changed on Tuesday as investors took a more mixed view toward the loss of Russian... Updated 26 Mar, 2024 07:51pm
Markets Oil prices slips amid concerns over Middle East, China demand LONDON: Global benchmark Brent slipped on Monday, dipping below $82 a barrel, as persistent geopolitical concerns in... Updated 11 Mar, 2024 06:03pm
Markets Oil prices stabilise after slump on underwhelming OPEC+ cuts Oil prices were broadly steady on Friday following a 2% drop on Thursday, with the market unconvinced that the... Updated 01 Dec, 2023 07:41pm
Markets Oil prices rise over 2%; focus on OPEC+, storm-hit Kazakh output NEW YORK: Oil prices jumped over 2% on Tuesday on the possibility OPEC+ will extend or deepen supply cuts, a... Updated 28 Nov, 2023 09:37pm
Markets Oil tumbles nearly 4% as OPEC+ meeting delayed Both Brent and WTI oil benchmarks have fallen for four straight weeks Updated 22 Nov, 2023 10:41pm
Markets Oil prices hold steady, Russia rolls back diesel export ban LONDON: Oil prices were stable but on course for a week-on-week loss, as demand fears due to macroeconomic headwinds... Updated 06 Oct, 2023 05:54pm
Markets Oil prices ease 1% on profit taking, interest rate worries NEW YORK: Oil futures eased about 1% on Thursday, as traders took profits after prices soared early to 10-month ... Updated 28 Sep, 2023 10:03pm
Markets Oil jumps 3% as steep US crude stockdraw adds to supply concerns HOUSTON: Oil prices surged about 3% on Wednesday, after US crude stocks fell more than expected, adding to worries... Updated 27 Sep, 2023 08:49pm
Markets Oil prices hit 10-month highs on supply concerns NEW YORK: Oil prices jumped over 1 percent on Tuesday to 10-month highs, as weak US shale output compounded supply... Published 20 Sep, 2023 06:28am
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 prices fall ahead of US stocks data LONDON: Oil prices slipped on Tuesday ahead of data shedding light on U.S. appetite for fuel during the summer... Updated 27 Jun, 2023 05:25pm
Markets Oil rises on supply outlook, Saudi speculator warning LONDON: Oil rose on Tuesday supported by optimism the U.S. would avoid a debt default, a tighter market outlook and... Updated 23 May, 2023 08:57pm
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
Markets Oil stable as economic fears balance OPEC+ cuts, US stock draw LONDON: Oil prices held broadly stable on Wednesday, as the market weighed worsening economic prospects against... Updated 05 Apr, 2023 07:30pm
Markets Oil price stable as markets weigh OPEC+ surprise cuts amid demand woes HOUSTON: Oil prices were little changed in choppy trading on Tuesday as investors debated OPEC+ plans to cut more... Updated 04 Apr, 2023 08:37pm
Markets Oil steadies as French strike and weaker dollar balance recession fears LONDON: Oil steadied on Thursday after a two-day decline as strike-disrupted fuel supply in France, a drop in U.S.... Updated 09 Mar, 2023 07:51pm
Markets US wants hike in global crude output, including from OPEC: official HOUSTON: The United States wants to see a hike in oil production, including from OPEC countries, said a senior State... Published 07 Mar, 2023 01:14pm
Markets Oil down on China outlook, spotlight on possible rate hikes LONDON: Oil prices fell on Monday after China set a lower-than-expected target for economic growth this year at... Updated 06 Mar, 2023 07:26pm
Markets Oil pares gains on European rate hike fears LONDON: Oil prices pared early gains on Thursday as signs of a strong economic rebound in top crude importer China... Updated 02 Mar, 2023 08:13pm
Markets Oil steadies on China growth hopes Oil prices were steady in Asian trade on Tuesday, supported by hopes a solid economic rebound in China will drive up... Published 28 Feb, 2023 10:12am
Markets Oil drops on US inventory jump and interest rate worries LONDON: Oil dropped for a second day on Wednesday as an industry report pointed to ample supplies in the United... Updated 15 Feb, 2023 06:04pm
Markets Oil rises for third day as interest rate concerns ease LONDON: Oil rose for a third straight day on Wednesday as investor concern over U.S. interest rates eased somewhat... Updated 08 Feb, 2023 08:00pm
Markets Oil slips as US inventory rise offsets China hopes LONDON: Oil slipped on Wednesday, adding to a decline in the previous session, as a rise in U.S. crude inventories... Updated 25 Jan, 2023 04:34pm
Markets Oil steady as China reopening is balanced by economic concerns LONDON: Crude oil prices were steady on Tuesday as concerns about a global economic slowdown and expected build in... Updated 24 Jan, 2023 05:36pm
Markets Oil prices rise further on stronger China outlook LONDON: Oil prices rose by 1% on Monday to $88.50 a barrel, extending last week’s gains on the back of a stronger... Updated 23 Jan, 2023 06:21pm
Markets Oil prices up amid forecasts of 2023 demand uptick LONDON: Oil prices rose on Wednesday after OPEC and the International Energy Agency (IEA) both forecast a rebound in... Updated 14 Dec, 2022 06:04pm
Markets Oil climbs on supply disruptions, China optimism LONDON: Oil extended gains on Tuesday on supply disruptions and as COVID restrictions eased in China, the world’s... Updated 13 Dec, 2022 05:43pm
Markets Oil jumps on hopes for easing of China’s COVID controls LONDON: Oil prices jumped by 3% on Tuesday on hopes for a relaxation of China’s strict COVID-19 controls after rare... Updated 29 Nov, 2022 05:22pm
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees