Oil up on Russia-Ukraine missile exchange, outweighing US crude stock rises LONDON: Oil prices rose on Thursday as Russia and Ukraine launched missiles at each other, overshadowing the impact... Updated 21 Nov, 2024 05:02pm
Markets Oil steady as Ukraine escalation offsets US crude, gasoline stock build HOUSTON: Oil prices were steady on Wednesday as the escalating war between major oil producer Russia and Ukraine... Updated 20 Nov, 2024 09:38pm
Markets Oil steadies as Sverdrup field restart counters geopolitical concerns NEW YORK: Oil prices steadied on Tuesday as Norway’s Johan Sverdrup oilfield restarted production while there were... Published 20 Nov, 2024 07:49am
Markets Oil steadies as Sverdrup field restart counters geopolitical concerns LONDON: Oil prices steadied on Tuesday as the restart of production at Norway’s Johan Sverdrup oilfield offset... Updated 19 Nov, 2024 08:11pm
Markets Oil prices tick higher as Russia-Ukraine tensions escalate LONDON: Oil prices edged up on Monday after fighting between Russia and Ukraine intensified over the weekend,... Updated 18 Nov, 2024 04:49pm
Markets Oil weaker on uncertainty over Fed rate cut HOUSTON: Oil prices settled down more than 2% on Friday as investors fretted about weaker Chinese demand and a... Updated 17 Nov, 2024 07:33am
World Oil execs work COP29 as NGOs slam lobbyist presence BAKU: Oil executives and lobbyists descended on COP29 in Baku for “energy day” Friday, as environmental groups... Published 16 Nov, 2024 06:04am
Markets Oil prices largely steady LONDON: Oil prices were largely steady on Thursday, with traders holding fire after declines earlier this week on a... Published 15 Nov, 2024 06:47am
Markets Oil prices broadly flat after falling on dollar surge LONDON: Oil prices were largely steady on Thursday, with traders holding fire after declines earlier this week on a... Updated 14 Nov, 2024 07:47pm
Markets Oil slips towards 2-week low NEW YORK: Oil prices slipped on Wednesday, trading near their lowest in two weeks, a day after OPEC lowered global... Published 14 Nov, 2024 06:33am
Markets Oil prices hold near 2-week low on gloomy demand outlook Oil prices held near their lowest in two weeks on Wednesday, a day after OPEC downgraded its forecast for global oil... Updated 13 Nov, 2024 04:37pm
Markets OPEC again cuts 2024, 2025 oil demand growth forecasts LONDON: OPEC on Tuesday cut its forecast for global oil demand growth in 2024 and also lowered its projection for... Published 12 Nov, 2024 05:05pm
Markets Oil prices steady ahead of OPEC report, China stimulus limit gains Oil prices were little changed on Tuesday, awaiting further price direction from OPEC’s monthly report, while... Updated 12 Nov, 2024 04:57pm
Print PD misses SIFC deadline to resolve issues facing oil refineries ISLAMABAD: The Petroleum Division could not address oil refineries obstacles by November 10th, as mandated by the... Updated 12 Nov, 2024 02:35pm
Markets Oil falls on Chinese stimulus disappointment HOUSTON: Oil prices fell by more than 2% on Monday after China’s latest stimulus plan disappointed investors... Published 12 Nov, 2024 06:38am
Markets Oil slides on Chinese stimulus plan disappointment HOUSTON: Oil prices fell by more than $2 a barrel on Monday after China’s stimulus plan disappointed investors... Updated 11 Nov, 2024 09:39pm
Markets Saudi bourse falls on oil; Qatar gains DUBAI: Saudi Arabia’s stock market ended slightly lower on Sunday after a fall in oil prices at the end of last... Published 11 Nov, 2024 06:03am
Markets Oil settles down on receding hurricane risk NEW YORK: Oil prices settled more than 2% lower on Friday as traders grew less fearful of prolonged supply... Published 10 Nov, 2024 02:51am
Markets Oil falls over 2pc NEW YORK: Oil prices fell more than 2 percent on Friday as traders grew less fearful of prolonged supply disruptions... Published 09 Nov, 2024 06:36am
Markets Oil prices fall more than 1% as Hurricane Rafael risk recedes LONDON: Oil prices fell on Friday on receding fears over the impact of Hurricane Rafael on oil and gas... Updated 08 Nov, 2024 05:09pm
Markets China’s crude oil imports fall for sixth straight month on refinery closure BEIJING: China’s crude oil imports fell 9% in October, data showed on Thursday, a sixth consecutive monthly... Published 07 Nov, 2024 11:00am
Markets Oil slips as investors digest US election fallout LONDON: Oil slipped on Thursday, extending a sell-off triggered by the U.S. presidential election, as a strong... Updated 07 Nov, 2024 07:06pm
Markets Oil falls as Trump victory pushes dollar higher Oil prices fell about 3% on Wednesday as the U.S. dollar was set for its biggest one-day rise since March 2020 on... Updated 06 Nov, 2024 08:49pm
Markets Oil prices edge up on weak dollar NEW YORK: Oil prices edged up about 1% on Tuesday on a weaker US dollar on the day when voters cast ballots in what... Published 06 Nov, 2024 07:23am
Markets Oil trades in tight range ahead of US election result LONDON: Oil prices traded in a narrow range on Tuesday ahead of what is expected to be an exceptionally close U.S.... Updated 05 Nov, 2024 06:35pm
Markets Saudi Arabia may cut December oil prices for Asia, sources say SINGAPORE: Top oil exporter Saudi Arabia may cut prices for most of the crude grades it sells to Asia in December,... Published 01 Nov, 2024 11:31am
Markets Oil prices rise 1% on reports Iran preparing strike on Israel NEW YORK: Oil prices rose about 1% on Friday to a one-week high on reports Iran was preparing a retaliatory strike... Updated 01 Nov, 2024 09:07pm
Business & Finance Petrol price hiked by Rs1.35, HSD’s by Rs3.85 ISLAMABAD: The federal government has announced a mixed bag of news for consumers, with a price hike for petrol and... Published 01 Nov, 2024 06:51am
Markets Oil rises 2% as US stockpiles drawdown, OPEC+ mulls output hike delay NEW YORK: Oil prices rebounded on Wednesday, rising more than 2% after data showed U.S. crude and gasoline... Updated 30 Oct, 2024 09:39pm
Markets Oil extends losses on report of talks to end Lebanon war HOUSTON: Oil prices edged down on Tuesday, after a 6% tumble in the previous session, on a report that Israeli Prime... Published 30 Oct, 2024 06:32am