Oil heads for 2% weekly decline as supply risks ease LONDON: Oil prices were steady on Friday and heading for a weekly drop of more than 2%, pressured by easing concern... Updated 29 Nov, 2024 08:06pm
Markets Oil up as Israel says ceasefire violated, OPEC+ delays meeting LONDON: Oil prices ticked up on Thursday, after Israel said its ceasefire with Lebanese armed group Hezbollah was... Updated 28 Nov, 2024 07:03pm
Markets Oil slips after surprise build in U.S. gasoline stocks Oil prices edged lower on Wednesday as a large, surprise build in U.S. gasoline stocks outweighed easing supply... Updated 27 Nov, 2024 09:07pm
Markets Oil falls after Israel agrees to ceasefire deal with Lebanon HOUSTON: Oil prices slid on Tuesday, giving back early gains in choppy trade after Israel agreed to a ceasefire deal... Updated 27 Nov, 2024 12:04am
Markets Oil falls $2 on possible Mid-East peace deal HOUSTON: Oil prices fell more $2 on Monday after multiple reports that Israel and Lebanon had agreed to the terms of... Updated 25 Nov, 2024 09:25pm
Markets Oil prices climb 1% to two-week high as Ukraine war intensifies Oil prices climbed about 1% to a two-week high on Friday as the intensifying war in Ukraine this week boosted the... Updated 23 Nov, 2024 12:35am
Markets Oil jumps as Russia-Ukraine missile exchange outweighs US crude stocks LONDON: Oil climbed more than 1% on Thursday after Russia and Ukraine launched missiles at each other, overshadowing... Updated 21 Nov, 2024 09:18pm
Markets Oil steadies as Sverdrup field restart counters geopolitical concerns LONDON: Oil prices steadied on Tuesday as the restart of production at Norway’s Johan Sverdrup oilfield offset... Updated 19 Nov, 2024 08:11pm
Markets Asia shares wobble on China angst; long-end US bond yields rise with dollar SINGAPORE: Weak China markets dragged broader Asian shares lower on Thursday, while longer-dated US bond yields rose... Published 14 Nov, 2024 10:16am
Markets Oil prices broadly flat after falling on dollar surge LONDON: Oil prices were largely steady on Thursday, with traders holding fire after declines earlier this week on a... Updated 14 Nov, 2024 07:47pm
Markets Oil prices hold near 2-week low on gloomy demand outlook Oil prices held near their lowest in two weeks on Wednesday, a day after OPEC downgraded its forecast for global oil... Updated 13 Nov, 2024 04:37pm
Markets Oil prices steady ahead of OPEC report, China stimulus limit gains Oil prices were little changed on Tuesday, awaiting further price direction from OPEC’s monthly report, while... Updated 12 Nov, 2024 04:57pm
Markets Kuwait lowers December crude prices for Asia, document shows SINGAPORE: Kuwait has lowered the official selling price (OSP) for Kuwait Export Crude (KEC) to Asia in December to... Published 11 Nov, 2024 11:45am
Markets Oil prices fall more than 1% as Hurricane Rafael risk recedes LONDON: Oil prices fell on Friday on receding fears over the impact of Hurricane Rafael on oil and gas... Updated 08 Nov, 2024 05:09pm
Markets Oil gains over 2% after OPEC+ delays output hike, US election in focus Oil prices rose more than 2% on Monday on a decision by OPEC+ to delay by a month plans to increase output, while... Updated 04 Nov, 2024 06:43pm
Markets Oil prices rise 1% on reports Iran preparing strike on Israel NEW YORK: Oil prices rose about 1% on Friday to a one-week high on reports Iran was preparing a retaliatory strike... Updated 01 Nov, 2024 09:07pm
Markets Oil prices rise 1% after boost from US fuel demand LONDON: Oil prices gained 1% on Thursday after rallying the previous day on stronger than expected U.S. fuel demand... Updated 31 Oct, 2024 06:54pm
Markets Oil rises 2% as US stockpiles drawdown, OPEC+ mulls output hike delay NEW YORK: Oil prices rebounded on Wednesday, rising more than 2% after data showed U.S. crude and gasoline... Updated 30 Oct, 2024 09:39pm
Markets Oil prices climb as US reserve bid lends support Oil prices rose on Tuesday after tumbling 6% in the previous session, as a U.S. plan to buy oil for the Strategic... Updated 29 Oct, 2024 04:51pm
Markets Oil on track for weekly climb on potential Mideast supply disruption Brent crude oil futures down 20 cents, or 0.25%, at $79.20 a barrel Updated 11 Oct, 2024 09:17pm
Markets Crude prices fall on possible ceasefire in Lebanon Brent crude futures were down $3.70, or 4.57%, to $77.23 a barrel Updated 08 Oct, 2024 10:07pm
Markets Oil rises 3% as Middle East war makes investors end bearish bets NEW YORK: Oil prices rose more than 3% on Monday, with Brent surpassing $80 per barrel for the first time since... Updated 07 Oct, 2024 10:10pm
Markets Oil set for biggest weekly gains in two years on Middle East war risk NEW YORK: Oil prices rose for a fourth consecutive session on Friday as investors braced for a potential Israeli... Updated 04 Oct, 2024 11:35pm
Markets Oil prices up 1% on Middle East tensions; US crude stocks build limits gains Brent futures up 84 cents, or 1.14%, to $74.40 per barrel Updated 02 Oct, 2024 09:32pm
Markets Oil prices jump 4% on reports Iran preparing to attack Israel Oil prices jumped about 4% on Tuesday following reports Iran was preparing to launch a missile attack on Israel.... Updated 01 Oct, 2024 09:36pm
Markets Oil prices rise on Middle East conflict, but set for monthly loss NEW YORK/LONDON: Oil prices rose on Monday on fears of a widening conflict in the Middle East curtailing Iranian... Updated 30 Sep, 2024 09:46pm
Markets Oil steady but on track for weekly drop on firmer supply outlook LONDON: Oil prices held steady on Friday but remained on track for a weekly fall as investors weighed expectations... Updated 27 Sep, 2024 05:33pm
Markets Oil prices slide 3% on prospect of more OPEC+ oil HOUSTON: Oil prices fell more than 3% on Thursday on a Financial Times report that Saudi Arabia, the world’s top... Updated 26 Sep, 2024 09:02pm
Markets Oil falls despite China’s stimulus plan; US crude stocks draw limits losses NEW YORK: Oil prices edged lower on Wednesday as investors reassessed whether China’s latest stimulus plans will be... Updated 25 Sep, 2024 09:23pm
Markets Oil prices climb 2% on China stimulus, Middle East conflict Oil prices climbed about 2% to a three-week high on Tuesday on news of monetary stimulus from China, the world’s top... Updated 24 Sep, 2024 09:09pm