Oil steadies as market assesses US-Iran talks, demand signals LONDON: Oil prices steadied on Tuesday due to uncertainty in U.S.-Iran negotiations and Russia-Ukraine peace talks,... Updated 20 May, 2025 05:25pm
Markets China’s April refinery output fell 1.4% year-on-year China’s crude oil throughput fell in April from a year earlier, official data showed on Monday, due to maintenance... Published 19 May, 2025 11:50am
Markets Oil retreats as US and China growth concerns weigh LONDON: Oil slipped on Monday, weighed down by Moody’s downgrade of the U.S. sovereign credit rating and official... Updated 19 May, 2025 05:46pm
Markets Oil heads for weekly gain but remains under supply hike pressure Brent crude futures were up 29 cents, or 0.5%, at $64.82 per barrel Updated 16 May, 2025 04:58pm
Markets Oil falls after US crude inventories rise NEW YORK: Oil prices edged lower on Wednesday after government data showed U.S. crude oil stockpiles rose... Updated 14 May, 2025 09:43pm
Markets Crude oil climbs more than $1 on tariff cuts, outlook HOUSTON: Crude oil futures climbed more than $1 a barrel on Tuesday, lifted by a temporary cut in U.S.-China tariffs... Updated 13 May, 2025 10:56pm
Markets Oil prices jump over 3% on US-China tariff reductions TOKYO: Oil prices rose more than $2 in Asian trading on Monday after the US and China said they would ease some of... Updated 12 May, 2025 01:01pm
Markets China April crude oil imports up 7.5% on strong inflows of Iran, Russia supplies China’s April crude oil imports slowed from the previous month but rose 7.5% from a year earlier due to abundant... Published 09 May, 2025 12:00pm
Markets Oil set for weekly gain ahead of US-China trade talks LONDON: Oil prices rose on Friday, poised for a weekly gain as trade tensions between top oil consumers China and... Updated 09 May, 2025 06:13pm
Markets Oil prices hold steady on support from US-China trade hopes LONDON: Oil prices held steady on Thursday, supported by hopes of a breakthrough in looming trade talks between the... Updated 08 May, 2025 01:55pm
Markets Oil steadies as market eyes US-China trade talks NEW YORK: Oil prices steadied on Wednesday after bouncing back from a sharp sell-off earlier in the week as... Updated 07 May, 2025 08:08pm
Markets Europe and China, ME tensions: Oil prices climb 4pc on signs of more demand NEW YORK: Oil prices climbed about 4% on Tuesday on signs of higher demand in Europe and China, rising tensions in... Published 07 May, 2025 06:06am
Markets Oil prices flat, set for weekly drop as Trump touts energy policy HOUSTON: Oil prices were flat on Friday but were on track to fall on the week after U.S. President Donald Trump... Updated 24 Jan, 2025 10:47pm
Markets Oil prices held down by Trump tariff uncertainty LONDON: Oil prices were little changed on Thursday, maintaining the previous session’s losses on uncertainty over... Updated 23 Jan, 2025 03:17pm
Markets Oil prices climb as dollar weakens, investors watch Trump policies Oil prices edged higher on Wednesday as the dollar weakened, with traders closely watching U.S. inventories,... Updated 22 Jan, 2025 05:49pm
Markets Oil falls as traders digest Trump tariff reprieve, stronger dollar LONDON: Oil prices fell on Tuesday as investors assessed U.S. President Donald Trump’s plans to apply new tariffs... Updated 21 Jan, 2025 07:33pm
Markets Oil prices slide as market awaits Trump’s return to White House HOUSTON: Oil prices slipped on Monday as U.S. President-elect Donald Trump’s inauguration is expected to bring a... Updated 20 Jan, 2025 09:25pm
Markets Oil set for fourth straight week of gains as investors assess US sanctions LONDON: Oil prices moved lower on Friday but remained on course for a fourth consecutive week of gains, as the... Updated 17 Jan, 2025 08:06pm
Markets Oil falls as halt to Houthi shipping attacks expected HOUSTON: Oil prices slipped on Thursday with Yemen’s Houthi militia expected to halt attacks on ships in the Red... Updated 16 Jan, 2025 09:37pm
Markets Tanker rates extend rally on sanctions, demand to load Mideast oil SINGAPORE: Oil shipping rates extended their rally on expectations of a tightening in global tanker supply from... Published 15 Jan, 2025 12:04pm
Markets Oil gains capped by uncertainty over sanctions impact Oil prices crept higher on Wednesday as the market focused on potential supply disruptions from sanctions on Russian... Updated 15 Jan, 2025 06:16pm
Markets Oil prices hover near 4-month highs as Russia sanctions stay in focus Oil prices paused their rally on Tuesday, but remained near four-month highs, with the market’s attention focused on... Updated 14 Jan, 2025 05:06pm
Markets China’s crude oil imports fall in 2024, first time in two decades outside of COVID China’s crude oil imports fell 1.9% in 2024, data showed on Monday, the first annual decline in two decades outside... Published 13 Jan, 2025 11:20am
Markets Oil jumps on expected hit to China and India’s Russian supplies LONDON: Oil extended gains for a third session on Monday, with Brent crude rising above $80 a barrel to its highest... Updated 13 Jan, 2025 05:31pm
Markets Oil prices rise as concerns grow over supply disruptions Oil prices climbed on Tuesday reversing earlier declines, as fears of tighter Russian and Iranian supply due to... Updated 07 Jan, 2025 06:02pm
Markets Iran lowers January light crude price to Asia Iran has set the official selling price (OSP) for its light crude oil grade for Asian buyers at $1.35 a barrel above... Published 06 Jan, 2025 11:01am
Markets Oil resists dollar pressure to hold at three-month high LONDON: Oil prices eased on Monday, pressured by a strong dollar, but remained at their highest since mid-October as... Updated 06 Jan, 2025 03:50pm
Markets Oil drifts higher in sparse holiday trade LONDON: Oil prices edged up on Monday in thin holiday trade at the end of the year, as traders awaited more Chinese... Updated 30 Dec, 2024 06:20pm
Markets Big Oil backtracks on renewables push as climate agenda falters LONDON: Major European energy companies doubled down on oil and gas in 2024 to focus on near-term profits, slowing... Published 27 Dec, 2024 12:18pm
Markets Oil heads for weekly gain on China stimulus hopes LONDON: Oil prices rose almost 1% on Friday and was on track for a weekly gain, spurred by expectations of a... Updated 27 Dec, 2024 06:02pm
Budget 2025-26: Pakistan targets 4.2% growth as Aurangzeb presents proposals ‘for a competitive economy’