Oil prices tick down on plan to boost US oil output, tariff reprieve BEIJING: Oil prices slipped in Asian trading on Tuesday after President Donald Trump announced a plan to boost U.S.... Published 21 Jan, 2025 08:29am
Markets China’s crude oil imports from top supplier Russia reach new high in 2024 SINGAPORE: China’s crude oil imports from top supplier Russia were up 1% in 2024 to a record high versus 2023, while... Published 20 Jan, 2025 12:35pm
Markets Oil prices slide as market awaits Trump’s return to White House HOUSTON: Oil prices slipped on Monday as U.S. President-elect Donald Trump’s inauguration is expected to bring a... Updated 20 Jan, 2025 09:25pm
Markets Oil falls as halt to Houthi shipping attacks expected HOUSTON: Oil prices slipped on Thursday with Yemen’s Houthi militia expected to halt attacks on ships in the Red... Updated 16 Jan, 2025 09:37pm
Markets Russia offers to provide LNG, crude oil to Vietnam HANOI: Russia is willing to help develop Vietnam’s nuclear power sector and provide it with crude oil and LNG, the... Published 15 Jan, 2025 03:36pm
Markets Tanker rates extend rally on sanctions, demand to load Mideast oil SINGAPORE: Oil shipping rates extended their rally on expectations of a tightening in global tanker supply from... Published 15 Jan, 2025 12:04pm
Markets Oil gains capped by uncertainty over sanctions impact Oil prices crept higher on Wednesday as the market focused on potential supply disruptions from sanctions on Russian... Updated 15 Jan, 2025 06:16pm
Markets Oil prices hover near 4-month highs as Russia sanctions stay in focus Oil prices paused their rally on Tuesday, but remained near four-month highs, with the market’s attention focused on... Updated 14 Jan, 2025 05:06pm
Markets Oil jumps on expected hit to China and India’s Russian supplies LONDON: Oil extended gains for a third session on Monday, with Brent crude rising above $80 a barrel to its highest... Updated 13 Jan, 2025 05:31pm
Markets Oil jumps more than 4% on concern over more sanctions on Russia Brent crude futures gain $3.50, or 4.6%, to $80.42 a barrel Updated 10 Jan, 2025 10:06pm
Markets Oil prices edge higher as markets weigh demand against US inventories LONDON: Oil prices rose slightly on Thursday as investors factored in firm winter fuel demand expectations despite... Updated 09 Jan, 2025 06:06pm
Markets Iran pushes China to let it sell $1.7 billion worth of stranded oil, sources say LONDON: Iran is pushing to recoup 25 million barrels of oil from China that has been stuck for six years in Chinese... Published 08 Jan, 2025 02:33pm
Markets Oil trims gains on dollar strength, tight supplies provide support Oil prices trimmed earlier gains on Wednesday as the dollar strengthened but continued to find support from a... Updated 08 Jan, 2025 07:21pm
Markets Oil prices rise as concerns grow over supply disruptions Oil prices climbed on Tuesday reversing earlier declines, as fears of tighter Russian and Iranian supply due to... Updated 07 Jan, 2025 06:02pm
Markets Oil resists dollar pressure to hold at three-month high LONDON: Oil prices eased on Monday, pressured by a strong dollar, but remained at their highest since mid-October as... Updated 06 Jan, 2025 03:50pm
Markets Oil set for weekly gains as market eyes Chinese policy support LONDON: Oil prices fell slightly on Friday but remained poised for weekly gains after closing at their highest in... Updated 03 Jan, 2025 04:45pm
Markets Oil prices rise on China optimism as investors return after holiday LONDON: Oil prices rose on Thursday as investors returned for the first trading day of the new year with an... Updated 02 Jan, 2025 05:36pm
Markets Oil set for annual loss although buoyed on the day by China data LONDON: Oil prices were on track to end 2024 with a second consecutive year of losses, although they rose on the day... Updated 31 Dec, 2024 04:54pm
Markets Oil heads for weekly gain on China stimulus hopes LONDON: Oil prices rose almost 1% on Friday and was on track for a weekly gain, spurred by expectations of a... Updated 27 Dec, 2024 06:02pm
Markets Oil edges up on China stimulus hopes, US inventory drop LONDON: Oil edged higher on Thursday in thin holiday trade driven by hopes for additional fiscal stimulus in China,... Updated 26 Dec, 2024 06:43pm
Markets Oil prices rise in thin pre-holiday trade NEW YORK/LONDON: Oil prices were up on Tuesday, reversing the prior session’s losses on a brightening short-term... Updated 24 Dec, 2024 09:48pm
Markets Oil prices stable on Monday as data offsets surplus concerns LONDON: Oil prices stabilised on Monday after losses last week as lower-than-expected U.S. inflation data offset... Updated 23 Dec, 2024 04:52pm
Markets Oil falls on strong dollar, demand growth worries HOUSTON: Oil prices eased on Friday due to a strong dollar and worries about demand growth in 2025, especially in... Updated 20 Dec, 2024 09:45pm
Markets Oil slips on demand concerns after Fed signals slower rate cuts Oil prices fell on Thursday after the U.S. Federal Reserve signalled it would slow the pace of interest rate cuts in... Updated 19 Dec, 2024 06:03pm
Markets Oil dips on demand concerns as investors await Fed meeting LONDON: Oil prices fell on Tuesday as Chinese economic data renewed demand concerns while investors remained... Updated 17 Dec, 2024 09:12pm
Markets China’s crude oil imports rebounded in November, but so did storage flows: Russell LAUNCESTON: China’s crude oil imports in November hit a 14-month high, but much of the additional volume is likely... Published 16 Dec, 2024 10:48am
Markets Oil prices edge down on soft Chinese spending data Oil futures dropped from their highest levels in weeks on Monday, pressured by weakness in consumer spending in... Updated 16 Dec, 2024 08:16pm
Markets Oil edges lower on IEA surplus forecast NEW YORK: Oil prices were down more than 1% on Thursday as a forecast for ample supply in the oil market offset... Updated 12 Dec, 2024 10:06pm
Markets Oil prices rise HOUSTON: Oil prices rose more than 1% on Wednesday after the European Union agreed an additional round of sanctions... Published 12 Dec, 2024 07:06am
Markets Oil prices rise on China stimulus, possible tight supply in Europe HOUSTON: Oil prices rose on Tuesday as markets looked to rising demand in China, the world’s largest buyer, and... Updated 11 Dec, 2024 12:00am