China’s Sept fuel oil imports rise 6% from August SINGAPORE/BEIJING: China’s fuel oil imports climbed 6% month-on-month in September, customs data showed on Sunday.... Published 20 Oct, 2024 11:13am
Markets Oil rises by more than 1% on Red Sea tanker attack, re-routings LONDON: Oil rose more than 1% on Monday as attacks by the Houthis on ships in the Red Sea raised concerns of oil... Updated 18 Dec, 2023 06:36pm
Print Russia eyes additional oil export cuts of about 50,000bpd in Dec MOSCOW: Russia said on Sunday it would deepen oil export cuts in December by potentially 50,000 barrels per day or... Updated 18 Dec, 2023 08:35am
Markets Russia eyes additional oil export cuts of about 50,000 bpd in December: Novak says MOSCOW: Russia said on Sunday it would deepen oil export cuts in December by potentially 50,000 barrels per day or... Updated 17 Dec, 2023 07:12pm
Markets Oil climbs over 2% as recession fears begin to fade NEW YORK: Oil prices rose over 2% on Monday as U.S. recession fears eased and some traders saw crude’s three-week... Updated 08 May, 2023 08:44pm
Markets Iran says oil exports hit highest level since reimposition of US sanctions DUBAI: Iran’s oil exports have reached its highest level in the past four years amid US sanctions, the country’s Oil... Published 12 Mar, 2023 12:56pm
Markets OPEC+ seen heading for oil policy rollover, cut not ruled out LONDON/DUBAI: OPEC+ is likely to stick to its current oil output target when it meets on Sunday, two OPEC+ sources... Published 02 Dec, 2022 07:11pm
Markets Saudi Arabia’s July crude oil exports rise to over 2-year peak Top oil exporter Saudi Arabia’s July crude oil exports gained for a second-straight month to their highest in more... Published 19 Sep, 2022 07:19pm
Print Oil demand rises as gas prices surge: IEA Prices of natural gas and electricity have jumped to new records Updated 12 Aug, 2022 10:18am
Markets OPEC, unlike IEA, sees lower 2022 oil demand growth LONDON: OPEC on Thursday cut its 2022 forecast for growth in world oil demand for a third time since April, citing... Published 11 Aug, 2022 05:50pm
Markets Saudi Arabia sets Sept crude prices to Asia at record high SINGAPORE: Saudi Arabia, the world's top oil exporter, raised September crude oil prices for Asian buyers to record... Published 04 Aug, 2022 06:10pm
Markets Canada could boost oil export to US, calls for major new pipeline EDMONTON: Canada could add over a million barrels per day (bpd) of oil export capacity to the United States over the... Published 18 May, 2022 05:54am
Markets Oil falls towards $125 as investors weigh US import ban LONDON: Oil slipped towards $125 a barrel in volatile trading on Wednesday as investors assessed the US ban of... Updated 09 Mar, 2022 06:07pm
Markets Tight supplies lift Mideast, Russian crude grades to multi-year highs SINGAPORE: Middle East benchmark Dubai crude soared to a record this week while spot premiums for April-loading... Published 16 Feb, 2022 10:35am
Markets Oil rises on falling US stockpiles but Iran talks weigh LONDON: Oil prices rose on Thursday after rallying on an unexpected drop in US crude inventories in the previous... Published 10 Feb, 2022 07:08pm
Markets Oil prices mixed, even after big drop in US crude stocks NEW YORK: Oil prices were trading near unchanged on Wednesday, paring gains after spiking on data showing after US... Published 09 Feb, 2022 10:47pm
Markets Oil slips from seven-year high ahead of more US, Iran talks LONDON: Oil slipped to around $91 a barrel on Tuesday ahead of the resumption of indirect talks between the United... Published 08 Feb, 2022 09:50pm
Markets Oil dips on potential for faster supply OPEC+ boost NEW YORK: Oil prices slipped on Tuesday from seven-year highs, pressured by speculation that producer group OPEC+... Published 02 Feb, 2022 04:45am
Markets Oil steady as geopolitical risks offset by OPEC+ supply plans LONDON: Oil prices were steady on Monday, with Eastern Europe and Middle East political issues offsetting... Published 31 Jan, 2022 09:19pm
Markets Oil hits fresh 7-year highs on supply concerns LONDON: Oil prices reached seven-year highs on Friday as geopolitical tensions continue to raise supply concerns.... Published 28 Jan, 2022 08:51pm
Markets Oil prices rise on supply fears amid tensions in Eastern Europe, Middle East Brent crude futures rose 81 cents, or 0.9%, to $88.70 a barrel Published 24 Jan, 2022 10:24am
Markets Oil prices fall despite lingering supply concerns LONDON: Oil prices fell on Friday, pressured by an unexpected rise in US crude and fuel inventories while investors... Published 21 Jan, 2022 08:22pm
Markets Oil prices slip from 2014 highs, supply concerns limit losses LONDON: Oil slipped on Thursday on indications of rising US stocks and as investors took profits after a recent ... Published 20 Jan, 2022 08:25pm
Markets Oil prices shrug off Omicron to reach two-month high LONDON: Oil prices hit two-month highs on Wednesday on tight supply and easing concerns about the potential hit to... Published 12 Jan, 2022 08:24pm
Markets Oil tops $83, as Omicron impact expected to be short lived Oil rose to more than $83 a barrel on Tuesday, supported by tight supply and expectations that rising coronavirus... Published 11 Jan, 2022 10:33pm
Markets Oil price steady, Kazakh turmoil adds to supply concerns LONDON: Oil prices held steady on Friday, heading for their biggest weekly gains since mid-December as unrest in... Published 07 Jan, 2022 09:06pm
Markets Oil extends rally on Kazakhstan unrest and Libyan outages LONDON: Oil prices rose sharply on Thursday, extending a rally from the previous session, on escalating unrest in... Published 06 Jan, 2022 08:35pm
Markets Oil extends gains above $80 after OPEC+ output hike LONDON: Oil prices extended gains on Wednesday, rising towards $81 a barrel after OPEC+ producers stuck to an agreed... Published 05 Jan, 2022 07:11pm
Markets Oil prices slip after China cuts import quotas LONDON: Oil prices eased on Thursday after the world's top importer China cut the first batch of crude import... Published 30 Dec, 2021 06:41pm
Markets Oil prices hold near $80 on tight supply and stocks drop LONDON: Oil prices held close to $80 a barrel on Wednesday as global supply outages and declining US inventories... Published 29 Dec, 2021 08:23pm