Oil climbs to five-month high NEW YORK: Crude prices edged up about 1% to a five-month high on Monday on expectations oil demand will climb... Published 02 Apr, 2024 04:37am
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
Markets Wall St falls as Mideast tensions drive risk-off mood NEW YORK: Wall Street’s main indexes fell on Wednesday as growing tensions in the Middle East dented risk... Published 19 Oct, 2023 05:10am
Business & Finance Asian currencies edge lower on caution on ME conflict BENGALURU: Most Asian emerging market currencies edged lower on Tuesday as the conflict in the Middle East and high... Published 11 Oct, 2023 03:09am
Markets Indian shares decline BENGALURU: Indian shares fell on Monday, dragged by a surge in oil prices due to a military conflict in the Middle... Published 10 Oct, 2023 06:19am
Markets Oil ticks higher as tight supply trumps macroeconomic gloom LONDON: Oil prices hovered above $90 a barrel on Friday, on track to end the week higher as investors chose to focus... Updated 08 Sep, 2023 05:26pm
Markets Japanese rubber futures decline SINGAPORE: Japanese rubber futures dipped on Thursday after a six-day winning streak, dragged lower by a sluggish... Published 08 Sep, 2023 06:01am
Markets Japanese rubber futures rise on higher oil prices SINGAPORE: Japanese rubber futures rallied for a sixth straight session on Wednesday, supported by a surge in crude... Published 07 Sep, 2023 06:21am
Markets European shares log weekly gain; Novo Nordisk most valuable co PARIS: European shares were flat on Friday as a decline in luxury firms and automakers offset gains in... Published 04 Sep, 2023 06:21am
Markets Asia Distillates: Gasoil refining margins rise on weaker crude prices SINGAPORE: Asia’s 10ppm sulphur gasoil and jet fuel margins rose on Tuesday, supported by weaker crude prices and... Published 03 May, 2023 06:35am
Business & Finance G7 coalition to keep Russian oil price cap at $60 per barrel WASHINGTON: The Group of Seven (G7) coalition will keep a $60 per barrel price cap on seaborne Russian oil, a... Published 18 Apr, 2023 06:21am
Markets Gasoil refining margins rise on weaker crude prices SINGAPORE: Asia’s 10 ppm sulphur gasoil margins rose on Wednesday on weaker crude prices even as US and Middle ... Published 16 Feb, 2023 06:08am
Markets Gulf shares start year in upbeat mood; Egypt outperforms peers DUBAI: Most major Gulf equities got off to a good 2023 start on Monday, with Egypt outperforming regional peers, as... Published 03 Jan, 2023 03:25am
Markets Gasoil margins dip on stronger crude prices SINGAPORE: Asia’s 10 ppm sulphur gasoil margins dipped on Tuesday over stronger crude prices amid a dearth of... Published 07 Dec, 2022 05:54am
Markets Most Gulf markets track oil prices, global shares lower DUBAI: Most stock markets in the Gulf ended lower on Monday, as investors tracked sluggish oil prices and global... Published 29 Nov, 2022 05:57am
Markets Oil prices fall more than 3% on Russian oil price cap talks LONDON: Oil prices fell by more than $2 a barrel on Wednesday as the Group of Seven (G7) nations looked at a price... Updated 23 Nov, 2022 08:09pm
Markets Oil rises as OPEC+ focus on supply cuts outweighs recession concerns LONDON: Oil rose on Tuesday after top exporter Saudi Arabia said OPEC+ was sticking with output cuts and could take... Updated 22 Nov, 2022 06:53pm
Markets Gulf bourses slide on Fed rate hike prospects DUBAI: Most stock markets in the Gulf fell on Sunday with fears about sharp US interest rate hikes and the prospect... Published 21 Nov, 2022 05:59am
Markets Saudi index tracks oil drop BENGALURU: Saudi Arabia’s stock market ended lower on Tuesday as oil prices dropped more than $1 per barrel, while... Published 26 Oct, 2022 05:52am
Markets Major Gulf bourses gain in early trade; Abu Dhabi falls Most major stock markets in the Gulf gained in early trade on Monday, amid rising oil prices, although the Abu Dhabi... Published 17 Oct, 2022 02:22pm
Markets Japanese rubber futures extend gains on stronger crude prices SINGAPORE: Japanese rubber futures rallied for a third consecutive session on Friday, supported by stronger crude... Published 08 Oct, 2022 03:25am
Markets Japanese rubber climbs SINGAPORE: Japanese rubber futures rose on Thursday, supported by stronger crude prices, although trading remained... Published 07 Oct, 2022 05:59am
Markets Tokyo rubber futures rise SINGAPORE: Japanese rubber futures rose on Wednesday, supported by stronger crude prices and gains in domestic... Published 06 Oct, 2022 05:59am
Markets Palm gains for third session KUALA LUMPUR: Malaysian palm oil futures rose for a third straight session on Monday, supported by higher crude... Published 04 Oct, 2022 05:55am
Markets Saudi Arabia may raise Nov official crude prices for Asia SINGAPORE: Top oil exporter Saudi Arabia may raise prices for most crude grades it sells to Asia in November on... Published 03 Oct, 2022 10:57am
Markets Oil edges up from seven-month low NEW YORK: Crude prices edged up about 1% on Thursday after dropping to a seven-month low in the prior session as ... Published 09 Sep, 2022 06:09am
Markets Gasoil margins climb on weaker crude prices SINGAPORE: Asia’s refining margins for gasoil with 10 ppm sulphur content snapped a three-session losing streak on... Published 01 Sep, 2022 05:50am
Markets U.S. crude stocks down, distillate stocks edge up Crude stocks fell in the most recent week, while distillate inventories rose slightly and demand rebounded, the U.S.... Published 31 Aug, 2022 08:20pm
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
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points