Oil falls as swelling US supply counters Middle East and hurricane risks NEW YORK: Oil fell by more than $1 a barrel on Wednesday on rising U.S. crude inventories, while the risk of supply... Updated 09 Oct, 2024 09:40pm
BR Research Oil prices: War premium is back As the world holds its breath over Israel’s response to Iran’s missile attack earlier this month, the global oil... Updated 09 Oct, 2024 12:58pm
Markets European shares rise PARIS: European shares inched higher on Friday, supported by regional energy stocks after crude oil prices climbed ... Published 05 Oct, 2024 06:43am
Markets Oil recovers on worries about Hurricane Francine HOUSTON: Oil rebounded on worries about the impending impact of Hurricane Francine to crude oil production in the... Updated 11 Sep, 2024 09:42pm
BR Research Oil bears are back with a bang As crude oil prices hover around the $68 mark (lowest in over a year), the oil market stands poised for a pivotal... Published 11 Sep, 2024 09:12am
Markets OPEC again lowers 2024, 2025 global oil demand growth view LONDON: OPEC on Tuesday cut its forecast for global oil demand growth in 2024 reflecting data received so far this... Published 10 Sep, 2024 07:05pm
Business & Finance Eight OPEC+ members extend oil supply cuts until end of Nov VIENNA: Eight members of the OPEC+ group of oil-producing nations agreed Thursday to extend their voluntary supply... Published 06 Sep, 2024 07:04am
BR Research Petroleum prices: Big revenue gap looms The petroleum product prices have continued on a downward trend, with motor gasoline retail price now 8 percent... Published 05 Sep, 2024 08:03am
Markets Oil slips after surge on Libyan outages and Middle East risk LONDON: Oil prices slipped slightly on Tuesday after rebounding more than 7% over the previous three sessions on... Updated 27 Aug, 2024 04:37pm
Markets Oil climbs 3pc as Libya output cuts further supply concerns HOUSTON: Oil prices settled 3% higher on Monday as production cuts in Libya added to supply concerns stemming from... Published 27 Aug, 2024 06:44am
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
Markets China Jan-Feb crude imports rise on strong holiday travel demand BEIJING: China’s imports of crude oil rose 5.1% in the first two months of 2024 from a year earlier, data showed on... Published 07 Mar, 2024 09:46am
Markets Saudi Arabia may keep April crude prices to Asia little changed SINGAPORE: Top oil exporter Saudi Arabia may keep term prices of crude it sells to Asian customers little changed in... Published 01 Mar, 2024 10:39am
Markets Oil prices firm NEW YORK: Brent crude oil prices were little changed on Monday, with lingering supply concerns from tensions in the... Published 20 Feb, 2024 03:09am
BR Research Oil prices: Resilient in tough times The Red Sea remains a battle zone. Vessels are rerouting despite a heavy presence of naval fleets to counter the... Published 24 Jan, 2024 07:46am
BR Research Will oil fare better in 2024? From Russia and Ukraine still engaged in war, to Israel’s onslaught in Gaza, from big shipping companies refusing to... Published 01 Jan, 2024 07:21am
Markets Asian FX higher MUMBAI: The Indian rupee is expected to open marginally higher on Friday, tracking an uptick in Asian peers on bets... Published 01 Jan, 2024 05:40am
Markets Chicago soybeans rise on supply concerns CANBERRA/PARIS: Chicago soybean futures rose on Wednesday, helped by US export sales, rising crude oil prices and... Published 21 Dec, 2023 03:54am
Markets IT, energy stocks lift Indian shares to all-time highs BENGALURU: India’s benchmark indexes advanced to fresh record highs for the third consecutive session on ... Published 07 Dec, 2023 04:35am
Markets Oil falls on demand fears and doubts over OPEC+ cuts LONDON: Oil prices extended declines on Monday, pressured by investor scepticism over the latest OPEC+ decision on... Updated 04 Dec, 2023 06:59pm
BR Research Oil and Gas Development Company Limited Oil and Gas Development Company Limited (PSX: OGDC) is the largest E&P company in the country with operations... Published 04 Dec, 2023 07:34am
Markets Saudi Arabia’s crude exports rise in September Saudi Arabia’s crude oil exports in September rose 3% from the previous month to 5.75 million barrels per day (bpd),... Published 16 Nov, 2023 05:39pm
BR Research Oil: Bottomed out? The bear run in the global crude oil market may soon be short of legs. That much was made clear by Opec – which... Published 15 Nov, 2023 09:00am
BR Research Core inflation takes centrestage National headline inflation expectedly cooled off from last month – clocking in at 26.89 percent year-on-year,... Published 02 Nov, 2023 09:28am
Markets Malaysian palm oil futures tepid on rising stockpiles SINGAPORE: Malaysian palm oil futures traded flat on Wednesday, as concerns over rising stockpiles were offset by... Published 02 Nov, 2023 03:15am
Markets World Bank sees oil lower in 2024, but wider Middle East war could spike them WASHINGTON: The World Bank said on Monday it expected global oil prices to average $90 a barrel in the fourth... Published 30 Oct, 2023 04:56pm
Markets Oil falls over 3% as concerns about Mideast supply ease HOUSTON: Oil slipped more than 3% on Monday with U.S. crude oil futures falling more than $3 a barrel as fears eased... Updated 30 Oct, 2023 09:03pm
Business & Finance Chevron’s third-quarter profit slumps HOUSTON: Chevron posted a third-quarter profit that missed Wall Street estimates by a wide margin, sending its share... Published 30 Oct, 2023 05:24am
Markets Oil rises about 1% despite surge in US crude stockpiles NEW YORK: Oil prices rose on Thursday on expectations that U.S. interest rates had peaked, but gains were capped by... Updated 12 Oct, 2023 09:21pm
Markets Oil falls after Saudi pledge; investors keep wary eye on Israel NEW YORK: Oil prices fell over 2% on Wednesday as fears of disruption to supplies due to conflict in the Middle East... Updated 11 Oct, 2023 09:32pm