Oil prices fall 1% on Israel-Hamas ceasefire talks, US inflation concerns BEIJING/NEW DELHI: Oil prices were down 1% on Monday, erasing gains from Friday as Israel-Hamas peace talks in Cairo... Updated 29 Apr, 2024 01:11pm
Markets Oil extends losses on easing Middle East tension, demand concerns LONDON: Oil prices fell to a three-week low on Thursday, extending losses on hopes of easing tensions in the key... Updated 18 Apr, 2024 06:44pm
Markets Oil falls nearly 3% as demand worries outweigh Middle East supply risks Brent futures for June were down $2.44, or 2.7%, to $87.58 a barrel Updated 17 Apr, 2024 10:47pm
Markets China crude oil throughput rises 1.3% in March BEIJING: China’s oil refinery throughput rose in March as refiners stepped up runs amid signs of a tentative... Published 16 Apr, 2024 12:45pm
Markets Oil slips on easing Middle East supply concerns LONDON: Oil dipped for a second day on Tuesday as concerns about Middle East supply eased after Iran’s weekend... Updated 16 Apr, 2024 07:25pm
Markets Oil sheds more than $1/barrel after Iran attack NEW YORK: Oil prices sank by about $1 a barrel on Monday after Iran’s weekend attack on Israel proved to be less... Updated 15 Apr, 2024 08:50pm
Markets Oil rebounds on Mideast tensions but set for weekly loss LONDON: Oil rose over 1% on Friday as heightened tensions in the Middle East raised the risk of supply disruptions... Updated 12 Apr, 2024 06:14pm
Markets Oil prices fall on big build in US crude, fuel inventories EIA expects Brent crude prices to average $88.55 a barrel in 2024, up from a previous forecast of $87 Updated 11 Apr, 2024 10:42am
Markets Oil steadies after dip on Middle East ceasefire talks LONDON: Global oil benchmark Brent steadied above $91 a barrel on Monday, reducing early losses prompted by Israel... Updated 08 Apr, 2024 08:32pm
Markets Oil prices climb more than $1 per barrel on supply risk Brent crude was up $1.00, or 1.1%, to $91.65 a barrel Updated 05 Apr, 2024 11:59pm
Markets Oil steady, bolstered by lower supply concerns LONDON: Oil prices were steady on Thursday, shored up by concerns about lower supply as major producers keep output... Updated 04 Apr, 2024 09:09pm
Markets Brent oil hits highest price this year on fresh supply threats Global oil benchmark Brent on Tuesday rose above $89 a barrel for the first time since October, albeit briefly, as... Updated 02 Apr, 2024 09:48pm
Markets Oil rises as investors bet on tighter supply, China’s economy LONDON: Oil prices added to recent gains on Monday amid expectations of tighter supply from OPEC+ cuts and attacks... Updated 01 Apr, 2024 03:00pm
Markets Oil prices advance on tighter supply outlook LONDON: Oil prices firmed on Thursday, following two consecutive sessions of decline, as investors saw a tighter... Updated 28 Mar, 2024 05:41pm
Markets Oil falls for second day as US crude inventories surge LONDON: Oil prices fell for a second day on Wednesday on surging U.S. stockpiles and signs the OPEC+ producer group... Updated 27 Mar, 2024 06:33pm
Markets Oil steadies as markets weigh Russian supply woes LONDON: Oil prices were little changed on Tuesday as investors took a more mixed view toward the loss of Russian... Updated 26 Mar, 2024 07:51pm
Markets Oil up on supply concerns as Russia orders output cuts HOUSTON: Oil prices rose on Monday as the Russian government ordered producers to curb output as hostilities between... Updated 25 Mar, 2024 09:55pm
Markets Oil steady as Gaza ceasefire talks gain traction LONDON: Oil prices were little changed on Friday, with global benchmark Brent hovering above $85 per barrel, as the... Updated 22 Mar, 2024 04:31pm
Markets Oil broadly steady after surprise US crude stock drop LONDON: Oil prices were broadly steady on Thursday, shored up by a surprise U.S. crude stock drop and the U.S.... Updated 21 Mar, 2024 07:25pm
Markets 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
Business & Finance Mideast conflict: Oil investors rotate from WTI to Brent: Kemp LONDON: Portfolio investors tiptoed back into the petroleum market last week, after three weeks of heavy selling, as... Published 24 Oct, 2023 05:05am
Markets Oil falls after Saudi pledge NEW YORK: Oil prices fell over 2% on Wednesday as fears of disruption to supplies due to conflict in the Middle East... Published 12 Oct, 2023 05:57am
Markets Oil prices steady amid OPEC+ supply cut expectations LONDON: Oil prices were stable on Monday amid expectations that major producers would keep supplies tight, as hopes... Published 05 Sep, 2023 06:22am
Markets Oil edges up on prospect of extended OPEC+ supply cuts NEW YORK: Oil prices edged higher on Monday on expectations that OPEC+ would keep supplies tight and speculation... Updated 04 Sep, 2023 09:09pm
Markets Oil steadies as China fears counter tight US supply NEW YORK: Oil prices were little changed on Wednesday despite a large drawdown in US crude oil stocks as investors... Published 17 Aug, 2023 03:49am
Markets Oil down $3 as Russia downplays additional OPEC+ cuts NEW YORK: Oil prices fell more than $3 at one point on Thursday, after Russian Deputy Prime Minister Alexander Novak... Published 26 May, 2023 06:48am
Markets Oil falls 1pc on recession fears BENGALURU: Oil prices edged lower on Thursday, after scaling multi-month high levels in the previous session, ... Published 14 Apr, 2023 05:59am
Markets Barclays cuts 2023 oil price forecasts on resilient Russian output Barclays cut its 2023 oil price forecasts on Wednesday, due in part to more resilient output from Russia than... Published 08 Mar, 2023 06:55pm
Markets Oil rebalances on stronger dollar and economic outlook LONDON: Oil prices rebalanced on Friday after an early $1 rally as a stronger dollar and weaker economic outlook... Updated 06 Jan, 2023 06:30pm
Markets Oil jumps on supply risks, ongoing Keystone outage NEW YORK: Oil prices gained more than $2 a barrel on Monday on supply jitters, as a key pipeline supplying the ... Published 13 Dec, 2022 05:58am
