Oil drifts lower HOUSTON: Oil prices dipped on Friday in choppy trading but notched their first weekly gain in five on Friday,... Published 02 Oct, 2022 05:48am
Markets Oil little changed as markets debate fed hikes and supply woes HOUSTON: Oil prices held steady in volatile trading on Monday, as traders balanced worries about tight supplies with... Published 20 Sep, 2022 05:51am
Markets Oil climbs ahead of OPEC+ meeting next week NEW YORK: Oil prices climbed on Friday on expectations that OPEC+ will discuss output cuts at a meeting on Sept. 5,... Updated 02 Sep, 2022 09:01pm
Markets Oil prices slump again, hit by demand concerns NEW YORK: Oil prices extended their slide on Wednesday, led lower by worries that the global economy would slow... Published 01 Sep, 2022 05:50am
Print Oil tumbles 9pc on recession demand destruction fears NEW YORK: Oil plummeted about 9 percent on Tuesday in the biggest daily drop since March on growing fears of a... Updated 06 Jul, 2022 10:00am
Markets Oil jumps to 13-week high on rising US gasoline demand NEW YORK: Oil prices jumped about 3% to a 13-week high on Wednesday as US demand for gasoline has kept rising ... Published 09 Jun, 2022 06:18am
Markets Oil tops $120 a barrel on Saudi pricing despite OPEC+ deal NEW YORK: Oil prices were largely unchanged after choppy trade on Monday, buoyed by Saudi Arabia raising its July... Published 07 Jun, 2022 05:47am
Markets Oil edges higher as supply still seen tight after OPEC+ hike LONDON: Oil edged higher on Friday, supported by expectations that OPEC’s decision to increase production targets... Published 04 Jun, 2022 04:18am
Markets Oil edging higher supported by the prospect of a tight market HOUSTON: Oil prices edged higher on Friday supported by the prospect of a tight market due to rising gasoline... Published 28 May, 2022 05:11am
Markets Oil edges higher on tight supply, surge in U.S. refining activity NEW YORK: Oil prices rose on Wednesday, buoyed by tight supplies and as U.S. refiners drove processing activity to... Updated 25 May, 2022 08:39pm
Markets Oil little changed in choppy trade; US says export ban not ruled out NEW YORK: Oil prices were little changed on Tuesday in choppy trade after the US energy secretary said Washington ... Published 25 May, 2022 04:40am
Markets Oil steadies as recession worry offsets higher demand outlook HOUSTON: Oil prices were little changed on Monday, as worries over a possible recession offset an outlook for higher... Published 24 May, 2022 05:35am
Markets Oil steadies as economic growth worries counter supply risks NEW YORK: Oil prices steadied on Friday, setting them on course for little change on the week, as a planned European... Published 21 May, 2022 04:34am
Markets Oil rebounds on China’s plans to support its economy HOUSTON: Oil prices rebounded in volatile trading on Tuesday as the market weighed China’s plans to support its... Published 27 Apr, 2022 05:19am
Markets Oil falls on growth concerns, Shanghai lockdown HOUSTON: Oil slipped on Friday, burdened by the prospect of weaker global growth, higher interest rates and COVID... Updated 22 Apr, 2022 08:54pm
Markets Oil rises as investors focus on lower supply from Russia, Libya LONDON: Oil prices rose on Thursday amid concerns about supply as the European Union (EU) mulls a potential ban on... Updated 21 Apr, 2022 09:38pm
Markets Oil slumps 5% after IMF cuts economic growth outlook HOUSTON: Oil prices tumbled 5% in volatile trading on Tuesday on demand concerns after the International Monetary... Updated 19 Apr, 2022 09:55pm
Markets Oil jumps in volatile trade amid CPC pipeline disruption LONDON: Oil prices rose in volatile trading on Wednesday, supported by disruption to Russian and Kazakh crude... Updated 23 Mar, 2022 08:17pm
Markets Oil rises 1pc as OPEC+ agrees to planned output increase NEW YORK: Oil prices rose 1% on Tuesday as OPEC+ producers agreed to stick with their planned increase for February... Published 05 Jan, 2022 05:36am
Markets Oil prices rise about 3pc as Omicron concern eases NEW YORK: Oil prices rose around 3% on Monday due to hopes that the Omicron coronavirus variant will have a limited... Published 28 Dec, 2021 03:54am
Markets Oil prices rise on inventory drawdown, though Omicron caution lingers NEW YORK: Oil prices rose on Wednesday on fears of tight supply and a drawdown in U.S. inventories, despite worries... Published 23 Dec, 2021 04:23am
Markets Oil prices plunge as Omicron’s rapid spread dims fuel demand outlook NEW YORK: Oil prices slumped more than 4% on Monday as surging cases of the Omicron coronavirus variant in Europe ... Published 21 Dec, 2021 04:14am
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 18 Dec, 2021 04:33am
Markets Oil prices on track for biggest weekly gain since August LONDON: Oil prices were on track for their biggest weekly gain since late August, with market sentiment buoyed by... Published 11 Dec, 2021 04:12am
Markets ICE says new Midland WTI futures contract to go live in late January LONDON: Intercontinental Exchange (ICE) said on Wednesday its new contract, Midland WTI American Gulf Coast ... Published 09 Dec, 2021 04:29am
Markets Oil dips, focus on OPEC+ response to US-led oil LONDON: Oil prices dipped in thin trading on Thursday, the US Thanksgiving holiday, as investors eyed how major... Published 26 Nov, 2021 05:15am
Markets Oil dives over 2pc NEW YORK: Oil prices fell on Friday below $80 a barrel as surging COVID-19 cases in Europe threatened to slow the... Published 20 Nov, 2021 03:58am
Markets Oil prices mixed on tight inventories, demand worries NEW YORK: Oil prices were little changed on Tuesday, as prospects of tight inventories across the globe were offset... Published 17 Nov, 2021 04:22am
Markets Oil prices reach multi-year highs on tight supply NEW YORK: Oil prices reached multi-year highs on Monday before steadying, as tight global supply and strengthening... Published 26 Oct, 2021 04:39am
Markets Oil cools off highs as leaders' comments reignite Covid fears NEW YORK: Oil prices pulled back from multi-year highs on Friday, as Germany's chancellor and the US Federal Reserve... Published 23 Oct, 2021 04:01am