Oil prices weaken on hawkish Fed rhetoric, concerns about demand NEW YORK: Oil prices fell about $1 a barrel on Thursday in volatile trading as investors weighed the risk that... Updated 23 Jun, 2022 09:15pm
Markets Oil prices fall after rate hikes, but tight supply still in focus LONDON: Oil prices erased early gains to fall to two-week lows on Thursday on the back of inflation concerns... Updated 16 Jun, 2022 05:18pm
Markets Oil dives as U.S. inflation data surges; China imposes lockdowns NEW YORK: Oil prices sank on Friday, after U.S. consumer prices rose more than expected and China imposed new... Updated 10 Jun, 2022 08:33pm
Markets Oil slips on China lockdowns but stays near three-month highs LONDON: Oil prices dipped on Thursday but still hovered near three-month highs after parts of Shanghai imposed new... Updated 09 Jun, 2022 07:10pm
Markets Oil jumps to 13-week high on rising US gasoline demand NEW YORK: Oil prices rose about 2% to a 13-week high on Wednesday as US demand for gasoline has kept rising despite... Updated 08 Jun, 2022 10:12pm
Markets Oil prices rise on China demand optimism, gasoline strength NEW YORK: Oil prices rose on Monday on optimism that China would see significant demand recovery after positive... Updated 16 May, 2022 10:36pm
Markets Oil slips 1% as China lockdowns face proposed EU Russia oil ban Oil slipped 1% on Tuesday as concerns about demand being dented by China’s prolonged COVID-19 lockdowns outweighed... Updated 03 May, 2022 09:33pm
Markets Oil rebounds from drop on China demand concerns LONDON: Oil prices rebounded in volatile trading on Tuesday as the market weighed concerns over Russian supply and... Updated 26 Apr, 2022 07:58pm
Markets Oil prices dive as US considers record reserves release HOUSTON: Oil prices tumbled on Thursday on news that the United States was considering the largest ever release from... Updated 31 Mar, 2022 09:45pm
Markets Oil jumps 4% on tight supply, prospects of new Russia sanctions NEW YORK: Oil prices soared about 4% on Wednesday on supply tightness with another U.S. crude stock drawdown, and ... Updated 30 Mar, 2022 08:53pm
Markets Oil drops $3 on positive signals from Russia-Ukraine peace talks HOUSTON: Oil prices dropped on Tuesday, extending losses from the previous day on signs of progress in talks between... Updated 29 Mar, 2022 09:12pm
Markets Oil slides on concerns of weaker Chinese demand LONDON: Oil prices tumbled more than $9 on Monday as fears grew over weaker fuel demand in China after financial hub... Updated 28 Mar, 2022 08:05pm
Markets Oil prices up, rebound after Aramco oil facility attacked HOUSTON: Oil prices rose on Friday, rebounding from early losses as traders rushed to buy after a missile attack hit... Updated 25 Mar, 2022 10:26pm
Markets Oil prices up more than $4 as EU considers Russian oil ban LONDON: Oil prices jumped by more than $4 on Monday, with Brent crude climbing above $111 a barrel, as European ... Updated 21 Mar, 2022 07:05pm
Markets Oil prices headed for weekly loss, but stay well above $100/bbl LONDON: Oil prices were set for a second straight weekly loss, but found a floor above $100 a barrel on Friday after... Updated 18 Mar, 2022 07:04pm
Markets Oil surges 7% amid warnings of Russian supply shortages LONDON: Oil prices climbed over 7% on Thursday after the International Energy Agency (IEA) said three million ... Updated 17 Mar, 2022 09:17pm
Markets Oil holds near $100 as Ukraine talks, demand concerns limit gains Oil steadied above $100 a barrel in a volatile session on Wednesday, as it came under pressure from signs of... Published 16 Mar, 2022 06:34pm
Markets Oil plunges below $100 on easing supply concerns and China Covid cases LONDON: Oil prices tumbled to their lowest in almost three weeks on Tuesday as supply disruption fears eased and... Updated 15 Mar, 2022 08:59pm
Markets WTI oil price sinks 5% on Ukraine, China LONDON: US benchmark oil West Texas Intermediate slid Monday on Ukraine peace hopes and after major consumer China... Published 14 Mar, 2022 03:49pm
Markets Oil falls 8% on Russia-Ukraine talk hopes, China lockdowns NEW YORK: Oil prices dropped about 8% on Monday to the lowest in two weeks, as diplomatic efforts between Ukraine ... Updated 14 Mar, 2022 09:34pm
Markets Oil prices take breather as Russia advances further on Ukraine LONDON: Oil prices slipped on Friday after sharp rises earlier in the session on concern over potential global ... Updated 25 Feb, 2022 08:08pm
Markets Oil falls, caught between Iran talks and Ukraine crisis LONDON: Oil prices fell 2% on Thursday as talks to resurrect a nuclear deal with Iran entered their final stages, ... Updated 17 Feb, 2022 07:40pm
Markets Oil prices recoup losses as Russia-Ukraine tensions stay high LONDON: Oil prices recouped losses on Wednesday as investors weighed conflicting statements on the possible... Updated 16 Feb, 2022 04:08pm
Markets Oil prices mixed, even after big drop in US crude stocks NEW YORK: Oil prices were trading near unchanged on Wednesday, paring gains after spiking on data showing after US... Published 09 Feb, 2022 10:47pm
Markets Oil slips from seven-year high ahead of more US, Iran talks LONDON: Oil slipped to around $91 a barrel on Tuesday ahead of the resumption of indirect talks between the United... Published 08 Feb, 2022 09:50pm
Markets Oil steady as geopolitical risks offset by OPEC+ supply plans LONDON: Oil prices were steady on Monday, with Eastern Europe and Middle East political issues offsetting... Published 31 Jan, 2022 09:19pm
Markets Oil hits fresh 7-year highs on supply concerns LONDON: Oil prices reached seven-year highs on Friday as geopolitical tensions continue to raise supply concerns.... Published 28 Jan, 2022 08:51pm
Markets Oil breaks $90/bbl for the first time since 2014 on Russia tensions NEW YORK: Oil touched $90 a barrel for the first time in seven years on Wednesday, supported by tight supply and... Updated 26 Jan, 2022 09:55pm
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 25 Jan, 2022 09:30pm
Markets Oil broadly stable as tight supply counters falling US markets LONDON: Oil prices were broadly stable on Tuesday as bullish signals from a tight supply picture were countered by... Published 25 Jan, 2022 06:33pm