Oil prices climb amid uncertainty over Iran president’s fate, Saudi King’s health BEIJING: Oil prices extended gains on Monday, inching up amid political uncertainty at major producing countries... Published 20 May, 2024 09:39am
Markets Oil heads for weekly gain on hopes of firmer demand LONDON: Oil steadied on Friday, with global benchmark Brent heading for its first weekly gain in three weeks, as... Updated 17 May, 2024 05:55pm
Markets Oil prices rise after positive US economic data LONDON: Oil futures rose on Thursday bolstered by slower than expected inflation and a stabilising U.S. job market,... Updated 16 May, 2024 07:37pm
Markets Oil prices gain NEW YORK: Crude prices edged up on Wednesday from a two-month low in the prior session as the market balanced... Published 16 May, 2024 06:28am
Markets Oil perks up after sharp week-long selloff on supply, demand concerns LONDON: Oil prices edged higher on Friday, a day after sinking 5% to a four month-low on growing worries about... Updated 17 Nov, 2023 05:22pm
Business & Finance Oil prices hit 4-month low on concerns about US, Chinese economy NEW YORK: Oil prices dropped more than 5% on Thursday to their lowest in four months, as investors worried about... Published 17 Nov, 2023 06:06am
Markets Oil tumbles on big US crude stocks build, record HOUSTON: Oil prices fell on Wednesday on a bigger-than-expected rise in US crude inventories and record production ... Published 16 Nov, 2023 05:39am
Markets Oil up as IEA lifts demand growth forecast, US inflation cools NEW YORK: Oil prices rose about 1% to a one-week high after the International Energy Agency (IEA) boosted its demand... Published 15 Nov, 2023 06:09am
Markets Oil rises more than $1 on fears of spread of Middle East conflict SINGAPORE: Oil prices rose by over $1 on Friday as reports that the U.S military struck Iranian targets in Syria... Published 27 Oct, 2023 09:46am
Markets Oil falls after US stockpiles climb, Middle East tensions in focus SINGAPORE: Oil prices fell on Thursday after a rise in US crude stockpiles and a climb in the dollar index, giving... Updated 26 Oct, 2023 12:41pm
Opinion Markets roll back fears of big ground invasion A recent Bloomberg report notes: Asked on Friday whether Israel should delay the ground operation, President Joe... Updated 26 Oct, 2023 06:34am
Markets Oil up as demand fears counter ME conflict NEW YORK: Oil prices rose about 1% on Wednesday on worries about the conflict in the Middle East escalating. ... Published 26 Oct, 2023 06:08am
Markets Oil prices end mixed as Venezuela sanctions ease HOUSTON Oil prices were little changed on Thursday as the United States eased sanctions on Venezuela to allow more... Published 20 Oct, 2023 05:17am
Markets Oil up on big US crude storage draw, Middle East tension NEW YORK: Oil prices climbed about 2% to a two-week high on Wednesday on a bigger-than-expected US storage draw and... Published 19 Oct, 2023 05:10am
Markets Oil prices fall ahead of Biden Middle East trip NEW YORK: Oil prices edged lower on Tuesday as investors wait to see if US diplomatic efforts and a trip by ... Published 18 Oct, 2023 06:09am
Markets Oil prices fall below $90 a barrel on report of US-Venezuela deal HOUSTON: Oil futures fell on Monday on a report the US and Venezuela could soon reach a deal to ease sanctions on... Updated 17 Oct, 2023 08:19am
Markets Oil prices dive NEW YORK: Oil prices tumbled by more than 4% on Wednesday following reports that Russia may lift its diesel ban in... Published 05 Oct, 2023 06:23am
Markets Oil steadies amid strong US dollar, mixed supply cues LONDON: Oil prices were little changed on Tuesday, after falling to a three-week low in the previous session, amid a... Updated 03 Oct, 2023 08:07pm
Markets Oil settles lower but ends quarter up 28pc on tight supply NEW YORK: Oil prices settled 1% lower on Friday due to macroeconomic concerns and profit taking, but rose about 30%... Published 02 Oct, 2023 06:33am
Markets WTI price surge shuts arbitrage oil flows from US to Europe, Asia SINGAPORE: A sudden surge in U.S. West Texas Intermediate crude prices that pulled Brent higher has shut off... Published 19 Sep, 2023 04:29pm
Markets Oil prices continue to rally on tight supply LONDON: Global oil benchmark Brent crude hovered above $94 a barrel on Monday, with investors focused on the... Updated 18 Sep, 2023 04:58pm
Markets Oil set for another weekly gain on tight supply and China optimism LONDON: Oil was on track for a third weekly gain as supply tightness spearheaded by Saudi Arabian production cuts... Updated 15 Sep, 2023 07:16pm
Markets Oil hits 2023 highs on tight supply outlook LONDON: Oil rebounded on Thursday, with Brent crude topping $93 a barrel for the first time this year, as... Updated 14 Sep, 2023 05:24pm
Markets Oil steadies as supply cuts face surprise US crude stockbuild NEW YORK: Oil prices were near flat on Wednesday, after earlier hitting a 10-month high, as a surprise build in US... Published 14 Sep, 2023 06:07am
Markets Oil prices rise to 9-month high NEW YORK: Oil prices gained almost 1% to a nine-month high on Friday on rising US diesel futures and worries about... Published 11 Sep, 2023 06:32am
Markets Oil ticks higher as tight supply trumps macroeconomic gloom LONDON: Oil prices hovered above $90 a barrel on Friday, on track to end the week higher as investors chose to focus... Updated 08 Sep, 2023 05:26pm
Markets Oil falls below $90 as markets shuffle back from supply jitters NEW YORK: Oil prices fell below $90 a barrel on Wednesday, after rising over 1% the previous session, on a stronger... Updated 06 Sep, 2023 09:29pm
Markets Oil jumps as Saudi Arabia and Russia extend supply cuts to end-2023 LONDON: Oil prices jumped about 2% on Tuesday after Saudi Arabia and Russia announced a fresh extension to their... Updated 05 Sep, 2023 07:05pm
Markets Oil steadies as supply concerns counter macroeconomic jitters LONDON: Oil prices were little changed on Tuesday as investors weighed supply concerns from a hurricane hurtling... Updated 29 Aug, 2023 08:39pm
Markets Oil steadies as China moves to support economy, tropical storm in focus LONDON: Oil was little changed on Monday after China took steps to bolster its flagging economy, though investors... Updated 28 Aug, 2023 05:24pm
