Oil set for weekly gain on supply concerns Oil prices edged higher on Friday on track for a weekly gain as Libyan output disruptions and Iraqi plans to curb... Updated 30 Aug, 2024 02:54pm
Markets Oil gains as Libyan supply woes counter modest US stock draw Oil prices edged higher on Thursday, after two losing sessions, as concerns over Libyan supplies helped offset a... Updated 29 Aug, 2024 09:16pm
Markets Oil prices dip as Middle East tensions ease, China data weak Oil prices dipped on Tuesday, hovering near a two-week low as Middle East supply concerns eased after Israel... Updated 20 Aug, 2024 09:30pm
Markets Oil falls 2pc to end volatile week NEW YORK: Oil prices settled down nearly 2% on Friday, little changed on the week with Brent crude below $80 a... Published 17 Aug, 2024 06:12am
Business & Finance Oil rises nearly 2pc NEW YORK: Oil prices gained more than $1 a barrel on Thursday after US economic data allayed fears of recession in... Published 16 Aug, 2024 06:56am
Markets Oil heads for weekly gain on hopes of firmer demand LONDON: Oil steadied on Friday, with global benchmark Brent heading for its first weekly gain in three weeks, as... Updated 17 May, 2024 05:55pm
Markets IEA trims 2024 oil demand growth forecast, widens gap with OPEC LONDON: The International Energy Agency (IEA) on Wednesday trimmed its forecast for 2024 oil demand growth, widening... Published 15 May, 2024 08:57pm
Markets Oil climbs as Gaza tensions rise, KSA hikes prices HOUSTON: Oil futures rose on Monday after Saudi Arabia hiked June crude prices for most regions and as the prospect... Published 07 May, 2024 07:30am
Markets Asia Naphtha, Gasoline margin plunges to November lows, crude rises NEW DELHI: Asia’s naphtha refining profit margin tanked to the lowest since Nov. 11 on Monday after crude oil... Published 06 Jun, 2023 05:33am
Business & Finance Oil prices jump but still on track for third weekly fall HOUSTON: Oil prices jumped on Friday but were set for a third straight week of losses after sharp declines earlier ... Published 06 May, 2023 06:43am
Markets Oil nears 3-week low then steadies on higher US demand BENGALURU: Oil prices were steady on Tuesday after dropping close to a three-week low, drawing support from a... Published 01 Feb, 2023 07:21am
Markets Asian FX mixed on choppy dollar, stocks rise on improved sentiment Most emerging Asian currencies were mixed against a choppy greenback on Wednesday, with the South Korean won and... Published 05 Oct, 2022 11:36am
Print Oil dives nearly $6 a barrel HOUSTON: Oil prices fell nearly $6 a barrel on Tuesday, the steepest decline in about a month, on fears that fuel... Published 31 Aug, 2022 05:50am
Markets Oil slides more than $4 on inflation and Iraq exports HOUSTON: Oil prices fell about $4 a barrel on Tuesday on fears that an inflation-induced weakening of global... Updated 30 Aug, 2022 09:33pm
Markets Saudi Arabia may cut October crude prices for Asia SINGAPORE: Top oil exporter Saudi Arabia could slash October prices for most crude grades it sells to Asia after a... Published 29 Aug, 2022 02:28pm
Markets Oil edges higher on prospect of OPEC+ supply cut LONDON: Oil edged higher on Monday to extend last week’s gains as potential OPEC+ output cuts and conflict in Libya... Updated 29 Aug, 2022 05:15pm
Print Oil prices sink $2/bbl on possible Iran oil exports, rising interest rates NEW YORK: Oil prices slumped by about $2 a barrel on Thursday in volatile trade as investors braced for the possible... Published 26 Aug, 2022 05:35am
Markets Oil steady ahead of OPEC+ meeting as global demand concerns weigh NEW YORK: Oil futures were little changed on Tuesday ahead of a meeting of OPEC+ producers this week that may not... Updated 02 Aug, 2022 07:50pm
Markets Oil sinks about 4pc after weak factory data sparks demand concerns NEW YORK: Oil prices dropped about 4% on Monday as weak manufacturing data in several countries weighed on the ... Published 02 Aug, 2022 06:58am
Markets Oil slips on lacklustre US summer gasoline demand NEW YORK: Oil prices slipped on Wednesday, after US government data showed lower gasoline demand during the peak... Published 21 Jul, 2022 05:40am