Oil retreats from multi-month highs ahead of Fed decision LONDON: Oil prices edged lower on Wednesday after hitting multi-month highs in the previous session, as investors... Updated 20 Mar, 2024 04:48pm
Markets Oil stays near-four month high but Russia export uptick weighs LONDON: Oil prices were largely steady on Tuesday near four-month highs after breaking above range-bound trading... Updated 19 Mar, 2024 04:35pm
Markets China Jan-Feb refinery output up 3% on Lunar New Year travels BEIJING: China’s crude oil throughput in January and February rose 3% compared to the same two months a year... Published 18 Mar, 2024 12:47pm
Markets Oil prices climb as attacks on Russian energy facilities intensify LONDON: Oil benchmark Brent hovered just under the $86 a barrel mark on Monday, extending last week’s gains, as... Updated 18 Mar, 2024 05:29pm
Markets Oil prices dip, but set to end week over 3% higher Oil prices edged lower on Friday but were on track to gain over 3% for the week, boosted by the International Energy... Updated 15 Mar, 2024 08:32pm
Markets Indian bond traders cautious as 10-year US yield touches 4.20% MUMBAI: Indian government bond yields trading sideways, with a cautious bias, in early trades on Thursday, as US... Published 14 Mar, 2024 10:21am
Markets Oil prices rise as revised IEA forecasts suggest tighter market LONDON: Oil prices rose on Thursday as investors digested the International Energy Agency’s (IEA) latest oil market... Updated 14 Mar, 2024 09:19pm
Markets 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 Kuwait raises April crude prices for Asia SINGAPORE: Kuwait raised the official selling price (OSP) for Kuwait Export Crude (KEC) to Asia in April by 30 cents... Published 12 Mar, 2024 02:29pm
Markets Oil prices rise slightly as OPEC retains demand forecasts NEW YORK: Oil prices rose slightly on Tuesday as the market weighed bearish U.S. economic data against OPEC’s demand... Updated 12 Mar, 2024 09:56pm
Markets Oil stable as investors digest rate cut signals LONDON: Oil prices were little changed on the day on Friday, as investors digested hints of looming interest rate... Updated 08 Mar, 2024 05:04pm
Markets China Jan-Feb crude imports rise on strong holiday travel demand BEIJING: China’s imports of crude oil rose 5.1% in the first two months of 2024 from a year earlier, data showed on... Published 07 Mar, 2024 09:46am
Markets Oil prices slip on view US rate cuts could be delayed LONDON: Oil prices slipped on Thursday as expectations that U.S. interest rate cuts could be delayed capped gains,... Updated 07 Mar, 2024 09:53pm
Markets Oil up as OPEC+ cuts override China, US demand concerns LONDON: Oil prices rebounded slightly on Wednesday after four days of declines as signs of supply tightness amid... Updated 06 Mar, 2024 03:08pm
Markets Russia’s February oil and gas budget revenue rises 40% m/m MOSCOW: Proceeds from oil and gas sales for Russia’s federal budget jumped 40% in February from the previous month... Published 05 Mar, 2024 02:57pm
Markets Oil slips as China reforms underwhelm despite OPEC+ support LONDON: Oil slipped for a second day on Tuesday as concern over China’s plan for growth and uncertainty over the... Updated 05 Mar, 2024 05:44pm
Markets Oil inches lower amid profit taking on OPEC+ cut extension LONDON: Oil prices drifted lower on Monday as traders indulged in some profit taking a day after the widely expected... Updated 04 Mar, 2024 05:46pm
Markets Oil rises 1% as markets await OPEC+ decision LONDON: Oil prices rose on Friday and were set for weekly gains as markets awaited an OPEC+ decision on supply... Updated 01 Mar, 2024 05:53pm
Markets Oil prices steady as US data keeps June rate cuts on the table LONDON: Oil prices were little changed Thursday as January U.S. inflation data reinforced expectations for a June... Updated 29 Feb, 2024 07:32pm
Markets Oil falls 1% on Fed rate cut caution and stocks build LONDON: Oil prices pulled back on Wednesday as the prospect of delays to U.S. interest rate cuts and a jump in U.S.... Updated 28 Feb, 2024 06:05pm
Markets Oil dips amid cautious interest rate outlook, Mideast tension LONDON: Oil prices slipped a little on Monday amid speculation that stronger than expected inflation could delay... Updated 26 Feb, 2024 10:08pm
Markets Oil set for weekly decline with Fed in no rush to cut interest rates LONDON: Oil prices fell on Friday and were on track for a weekly decline after the U.S. central bank indicated that... Updated 23 Feb, 2024 06:26pm
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 steady as investors weigh US rate cut outlook with Middle East tensions LONDON: Oil prices steadied on Wednesday, stabilising from losses in the previous session, as growing expectations... Updated 21 Feb, 2024 08:57pm
Markets Oil dips as questions remain around demand LONDON: Oil prices fell on Tuesday, with an uncertain outlook for global demand knocking value off crude futures... Updated 20 Feb, 2024 06:21pm
Markets Gold hits near 1-week peak on softer dollar, safe-haven demand Gold prices rose to a near one-week high on Monday as a slight pullback in the US dollar and escalating tensions in... Published 19 Feb, 2024 10:21am
Markets Oil steadies as demand jitters counter Middle East conflict LONDON: Global oil benchmark Brent crude was little changed on Monday, hovering around $83 a barrel as festering... Updated 19 Feb, 2024 06:17pm
Markets Oil slides 1% as weaker IEA demand outlook offsets rate cut hopes LONDON: Oil fell by about 1% on Friday as slowing demand forecast by the International Energy Agency (IEA) offset... Updated 16 Feb, 2024 07:13pm
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
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?