Oil rises but set for weekly loss as traders assess supply disruptions BENGALURU: Oil prices rose Friday but were still headed for a weekly decline as traders weighed headlines around... Published 12 Mar, 2022 04:08am
Markets Oil soars as Russian energy supply fears intensify NEW YORK: Oil prices jumped on Monday as Western allies imposed more sanctions on Russia and blocked some Russian... Published 01 Mar, 2022 05:34am
Markets Oil prices dip after soaring NEW YORK: Oil prices slipped Friday after sharp rises earlier in the session on concern over potential global supply... Published 26 Feb, 2022 04:37am
Markets Oil rises as Russia-West stand-off alarms tight market LONDON: Oil prices rose on Monday over the stand-off between Russia and the West over Ukraine, adding to supply... Published 22 Feb, 2022 04:43am
Markets Oil slides 2pc as Iran talks overshadow Ukraine crisis NEW YORK: Oil prices fell about 2% on Thursday as talks to resurrect a nuclear deal with Iran entered their final... Published 18 Feb, 2022 04:31am
Markets Oil hits 7-yr highs before easing as Ukraine hints at concessions NEW YORK: Oil eased on Monday from its highest in more than seven years as Ukraine hinted at possible concessions to... Published 15 Feb, 2022 06:45am
Markets Oil slides 3pc from 7-year high ahead of more US-Iran talks NEW YORK: Oil fell about 3% on Tuesday as investors worried the resumption of indirect talks between the United... Published 09 Feb, 2022 05:46am
Print Top oil producers to meet amid record crude prices LONDON: The world’s top oil-producing countries will meet on Wednesday to discuss a further increase in output,... Updated 01 Feb, 2022 09:19am
Markets Most Gulf bourses rebound on rising oil prices DUBAI: Most major stock markets in the Gulf rebounded on Thursday, as oil prices touched seven-year highs on fears ... Published 28 Jan, 2022 04:44am
Markets Oil rises on concerns geopolitical risks could tighten supplies NEW YORK: Oil prices rose on Tuesday on concerns supplies could become tight due to Ukraine-Russia tensions, threats... Published 26 Jan, 2022 04:41am
Markets Oil falls 3pc as Fed rate hike talk spooks risk markets NEW YORK: Oil prices fell about 3% on Monday, hit by investor concerns over the possibility of quicker than expected... Published 25 Jan, 2022 05:03am
Print Oil hits 7-yr highs as Mideast unrest stokes more supply jitters NEW YORK: Oil prices on Tuesday climbed to their highest since 2014 as possible supply disruption after attacks in... Published 19 Jan, 2022 06:15am
Markets Oil holds near $85/bbl on stronger demand prospects NEW YORK: Oil prices were little changed on Thursday, with Brent crude trading near $85 a barrel, buoyed by... Published 14 Jan, 2022 07:45am
Markets Oil rises 2pc on US crude drawdown, weaker dollar NEW YORK: Oil prices hit two-month highs on Wednesday on tight supply as crude inventories in the United States, the... Published 13 Jan, 2022 07:17am
Markets Oil rises above $78 on optimism about 2022 outlook NEW YORK: Oil rose above $78 a barrel on Monday, supported by tight supply, a strong US dollar, and hopes of a... Published 04 Jan, 2022 06:54am
Markets Oil prices steady as US oil inventories fall but Omicron weighs NEW YORK: Oil prices steadied on Wednesday, after government data showed U.S. crude and fuel inventories fell last... Published 30 Dec, 2021 04:40am
Markets Brent near $80 as market shrugs off Omicron NEW YORK: Oil prices extended gains on Tuesday, with Brent crude trading near $80 a barrel despite the rapid spread... Published 29 Dec, 2021 06:57am
Markets Oil prices on track for weekly loss on Omicron uncertainty LONDON: Oil prices dipped on Friday, putting the market on track for a weekly loss, as surging cases of the Omicron... Published 17 Dec, 2021 08:48pm
Markets Oil drops toward $73, pressured by Omicron concerns NEW YORK: Oil prices dropped toward $73 a barrel on Tuesday after the International Energy Agency (IEA) said the... Published 15 Dec, 2021 06:34am
Print BP backs adding WTI Midland oil grade to Brent LONDON: BP supports adding U.S. crude oil grade WTI Midland on a delivered basis to the North Sea dated Brent... Published 07 Dec, 2021 06:29am
Markets US oil pares gains after weekly fuel stockpiles jump NEW YORK: West Texas Intermediate (WTI) crude oil futures pared gains on Wednesday after U.S. government data showed... Published 02 Dec, 2021 03:57am
Markets Oil steady as investors question reserve release LONDON: Oil prices were steady on Wednesday as investors questioned the effectiveness of a US-led release of oil ... Published 24 Nov, 2021 07:13pm
Markets Oil rises 2% to one-week high after US taps emergency reserves NEW YORK: Oil prices rose to a one-week high on Tuesday after a move by the United States and other consumer nations... Updated 23 Nov, 2021 09:53pm
Markets Oil prices dip after US inventory report NEW YORK: Oil prices edged lower after US crude stocks rose modestly, one day after an industry report suggested... Published 10 Nov, 2021 09:46pm
Markets Oil down after API data shows US inventory build-up LONDON: Oil prices fell on Wednesday as industry data pointed to a big build in crude oil and distillate stocks in... Published 03 Nov, 2021 06:35pm
Markets Oil falls in choppy trade before US inventories, OPEC+ meeting CALGARY, Alberta: Oil dropped below $85 a barrel on Tuesday, but remained close to a three-year high in choppy trade... Published 03 Nov, 2021 03:54am
Markets Oil rises on demand outlook despite China fuel reserves release NEW YORK: Oil prices rose sharply on Monday as expectations of strong demand and a belief that a key producer group... Published 02 Nov, 2021 05:20am
Markets Oil hits two-week low on Iran talks resuming, US crude build NEW YORK: Oil prices fell about 1% to their lowest in two weeks on Thursday after Iran said talks with world powers... Published 29 Oct, 2021 05:05am
Markets Oil edges up to new multi-year highs on short supply Brent and WTI set for highest closes since Oct 2014 Wall Street in Riyadh sees lingering inflation, oil hitting $100 Q3 profits to sparkle for US shale producers without hedges Updated 26 Oct, 2021 09:52pm
Markets Oil prices climb as COVID recovery, power generators stoke demand LONDON: Oil prices hit multi-year highs on Monday buoyed by recovering demand and high natural gas and coal prices... Updated 18 Oct, 2021 06:41pm