Oil prices continue slump in fallout from SVB shutdown LONDON: Oil prices dropped more than $2 a barrel on Tuesday, extending the previous day’s slide, as the collapse of... Updated 14 Mar, 2023 05:02pm
Markets Oil rises on China demand hopes and supply concerns LONDON: Oil prices rose on Monday, buoyed by optimism over Chinese demand, continued production curbs by major... Updated 20 Feb, 2023 09:11pm
Markets Oil falls on demand fears as Fed nears ‘make or break moment’ LONDON: Oil prices slipped on Monday as investors focused on short-term demand concerns ahead of key US inflation... Updated 13 Feb, 2023 08:21pm
Markets Oil near 2023 highs on Chinese demand recovery expectations LONDON: Oil prices held near this year’s highs on Monday as easing COVID restrictions in China raised expectations... Updated 16 Jan, 2023 04:50pm
Markets China demand optimism sets oil on track for strong weekly gain LONDON: Oil prices rose on Friday and were on track to gain over 7% on the week due to solid signs of demand growth... Updated 13 Jan, 2023 08:55pm
Markets Brent oil price broadly steady at $80/bbl amid rising US stockpiles LONDON: Oil prices were broadly steady on Wednesday as market participants were pulled in different directions by an... Updated 11 Jan, 2023 05:57pm
Markets Oil jumps 3% on demand optimism as China’s borders reopen LONDON: Oil extended gains on Monday, rising more than 3% after China’s move to reopen its borders boosted the... Updated 09 Jan, 2023 08:50pm
Markets Oil steadies after biggest start of the year drop in decades LONDON: Oil steadied on Thursday in volatile trade after posting the biggest two-day loss for the start of a year in... Updated 05 Jan, 2023 08:15pm
Markets Oil hits 3-week high on easing COVID curbs in China, U.S. production shut-ins HOUSTON: Oil hit a three-week high on Tuesday as China’s latest easing of COVID-19 restrictions spurred hopes of a... Updated 27 Dec, 2022 10:09pm
Markets Oil steadies as rate hike fears counter tighter U.S. stockpiles NEW YORK: Oil steadied on Thursday after hitting its highest price in two and a half weeks as the impact of tighter... Updated 22 Dec, 2022 10:25pm
Markets Oil rises on hopes for China’s economy LONDON: Oil rose on Monday after falling by more than $2 a barrel in the previous session as optimism over the... Updated 19 Dec, 2022 06:37pm
Markets Asian shares fall, dollar firms ahead of central bank rate hikes SYDNEY: Asian shares fell on Monday while the dollar drifted higher at the start of a hectic week, as markets... Published 12 Dec, 2022 10:13am
Markets Dollar rises as inflation pressures persist; FOMC meeting in focus SINGAPORE: The dollar firmed on Monday after data showed producer prices in the United States rose more than... Published 12 Dec, 2022 09:40am
Markets Oil steadies after falls as weak economy offsets supply risks LONDON: Oil prices steadied on Monday after several weeks of declines as a weakening global economy offset supply... Updated 12 Dec, 2022 06:53pm
Markets Oil prices drop in volatile trading NEW YORK: Oil price settled lower in volatile trading on Friday, with both benchmarks recording their biggest weekly... Published 11 Dec, 2022 04:02am
Markets Oil rises to over 2-month high on China potentially easing restrictions NEW YORK: Oil prices rose on Monday to an over two-month high on news that China, the world’s top crude importer,... Published 08 Nov, 2022 05:56am
Markets Oil rises on weaker dollar and supply worry; trade choppy NEW YORK: Oil prices rose on Tuesday, rebounding from an early fall of more than $1 a barrel on lift from a weaker... Updated 25 Oct, 2022 08:35pm
Markets Oil gains on weaker U.S. business activity, but Chinese demand data weighs NEW YORK: Oil edged up in choppy trade on Monday, as weakening U.S. business activity data eased expectations for... Updated 24 Oct, 2022 08:08pm
Markets Oil gives up gains as soaring US dollar offsets Putin’s troop mobilization NEW YORK: Oil prices gave up early gains on Wednesday as a soaring dollar and global recession fears offset worries... Updated 21 Sep, 2022 08:03pm
Markets Oil prices drop in advance of expected Fed rate hike NEW YORK: Oil prices dipped on Tuesday, following other risk assets lower, as the dollar stayed strong and investors... Updated 20 Sep, 2022 10:25pm
Markets Oil prices rise as supply uncertainty mounts LONDON: Oil prices rose on Monday as Iranian nuclear talks appeared to hit obstacles and an embargo on Russian oil... Updated 12 Sep, 2022 08:39pm
Markets Oil rises on US response to Iran nuclear deal comments Oil prices rose on Wednesday in volatile trading on concerns that the United States will not consider additional... Updated 24 Aug, 2022 10:41pm
Markets Stocks climb after US jobs report selloff World stock markets gained ground on Monday, recovering from losses sparked by a strong US jobs report last week... Updated 08 Aug, 2022 09:00pm
Markets Oil edges up as strong economic data feeds hopes for demand Front-month Brent prices last week hit the lowest since February Updated 08 Aug, 2022 08:54pm
Markets Oil prices set to end week near multi-month lows on recession fears LONDON: Oil prices recouped some of this week’s losses but were still set to close Friday near their lowest levels... Updated 05 Aug, 2022 07:58pm
Markets Oil prices rise amid G7 talks on new Russian sanctions HOUSTON: Oil prices traded higher on Monday in a volatile session as investors waited for any moves against Russian... Published 28 Jun, 2022 06:10am
Markets Oil falls on Beijing’s COVID-19 warning, inflation worries LONDON: Oil dropped almost $1 a barrel on Monday as a flare-up in COVID-19 cases in Beijing and worries about more... Updated 13 Jun, 2022 07:54pm
Markets Oil jumps as Russia gas flow to Europe falls, EU Russian oil ban looms LONDON: Oil jumped almost 5% on Wednesday after plunging nearly 10% in the last two sessions, buoyed by supply... Updated 11 May, 2022 08:18pm
Markets Oil prices rally on report that Germany drops opposition to Russian oil embargo NEW YORK: Oil prices rallied on Thursday after reports that Germany is no longer opposed to an embargo on Russian... Updated 28 Apr, 2022 09:40pm
Markets Oil rises from 3-week low as supply concerns linger LONDON: Oil prices rose on Thursday from a three-week low touched in the previous session after consuming nations... Updated 07 Apr, 2022 07:22pm