Oil set for second week of gains on signs of improving demand Crude oil futures were little changed on Friday but on course to rise for a second week amid signs of improving... Updated 21 Jun, 2024 05:26pm
Markets Brent rises toward $86 LONDON: Oil futures hit a seven-week high on Thursday as fresh data on a cooling US jobs market added to hopes that... Published 21 Jun, 2024 06:37am
Markets Brent holds $85 level ahead of US inventory data LONDON: Brent oil futures were steady on Thursday, hovering just below seven-week highs as escalating conflict in... Updated 20 Jun, 2024 07:16pm
Markets Oil hits seven-week high on demand hopes, war jitters LONDON: Oil prices hit seven-week highs on Wednesday as summer demand optimism and concerns over escalating... Updated 19 Jun, 2024 07:22pm
Markets Oil up on Fed comments, geopolitical risk premium in Europe, Mideast Brent crude futures were up 97 cents to $85.22 per barrel at 1538 GMT Updated 19 Jun, 2024 09:28am
Markets Oil prices dip NEW YORK: Oil futures prices settled slightly lower on Friday after a survey showed deteriorating US consumer... Published 16 Jun, 2024 02:40am
World Russia boosts oil revenues LONDON/NEW DELHI: Russian oil exporters are charging more for their oil in major market India than at any time since... Published 15 Jun, 2024 06:57am
Markets Oil prices set for best week in two months on demand outlook LONDON: Oil prices were stable on Friday and on course for their best week in more than two months after solid... Updated 14 Jun, 2024 03:35pm
Markets Oil edges higher as US data offsets impact of Fed rate-cut outlook NEW YORK: Oil prices rose slightly on Thursday in up-and-down trade, pressured by rising U.S. crude and fuel... Updated 13 Jun, 2024 11:31pm
Markets Kuwait cuts July crude prices for Asia, document shows SINGAPORE: Kuwait has cut the official selling price (OSP) for Kuwait Export Crude (KEC) to Asia in July by 40 cents... Published 12 Jun, 2024 09:41am
Markets Oil little changed as surprise crude stock build caps gains HOUSTON: Oil prices were broadly steady on Wednesday after three key forecasters predicted that global oil... Updated 12 Jun, 2024 09:45pm
Markets Economic Survey: Jul-Mar POL import bill down on lower intake ISLAMABAD: Pakistan’s petroleum import bill declined in the first nine months (July-March) of fiscal year 2023-24... Published 12 Jun, 2024 06:51am
Markets Oil edges up as OPEC sees relatively strong growth in 2024 oil demand HOUSTON: Oil prices edged slightly higher on Tuesday as OPEC stuck to its forecast for relatively strong growth in... Updated 11 Jun, 2024 09:25pm
Markets Oil prices gain 2% to one-week high on hopes of higher summer fuel demand NEW YORK: Oil prices climbed about 2% to a one-week high on Monday, buoyed by hopes of rising fuel demand this... Updated 10 Jun, 2024 09:18pm
Markets Aramco says foreigners grab ‘majority’ of share offering RIYADH: Oil giant Saudi Aramco said Sunday that international investors had snatched up the bulk of shares sold in... Published 10 Jun, 2024 06:52am
Markets Saudi Aramco says foreigners grab ‘majority’ of share offering RIYADH: Oil giant Saudi Aramco said Sunday that international investors had snatched up the bulk of shares sold in... Updated 09 Jun, 2024 09:47pm
Markets OPEC head rejects criticism over oil deal, says demand is good ST PETERSBURG: OPEC Secretary General Haitham Al Ghais on Thursday defended the recent adjustments to the OPEC+ oil... Published 06 Jun, 2024 01:45pm
Markets Oil extends gains with September Fed rate cut in focus LONDON: Oil extended gains on Thursday, as support from growing expectations of an interest rate cut from the U.S.... Updated 06 Jun, 2024 05:36pm
Markets Oil eases as US crude, fuel stock builds bolster demand jitters HOUSTON: Oil prices edged lower on Wednesday as a surprise build in U.S. crude stocks and larger-than-expected rise... Updated 05 Jun, 2024 08:55pm
Markets Oil drops as OPEC+ decision spotlights shaky demand HOUSTON: Oil prices fell more than $1 on Tuesday on scepticism about an OPEC+ decision to boost supply later this... Published 05 Jun, 2024 08:17am
World Saudi cabinet says it is extending voluntary oil cuts to boost market stability DUBAI: Saudi Arabia’s cabinet on Tuesday welcomed the latest OPEC+ decisions, saying Saudi Arabia’s decision with... Published 04 Jun, 2024 06:47pm
Markets Saudi non-oil activity growth slows in May, PMI shows DUBAI: Growth in non-oil business activity in Saudi Arabia eased in May as new orders rose at the slowest pace in 25... Published 04 Jun, 2024 11:14am
Markets Oil drops more than $1 as OPEC+ decision spotlights shaky demand LONDON: Oil prices fell more than $1 on Tuesday on scepticism about an OPEC+ decision to boost supply later this... Updated 04 Jun, 2024 07:29pm
Markets Oil dives 3pc, OPEC+ decision fails to allay demand worries NEW YORK: Oil prices tumbled more than $2 a barrel on Monday to multi-month lows, as investors worried about the... Published 04 Jun, 2024 06:28am
Markets Oil dives 3%, OPEC+ decision fails to allay demand worries NEW YORK: Oil prices tumbled more than $2 a barrel on Monday to multi-month lows, as investors worried about the... Updated 03 Jun, 2024 09:04pm
Print OPEC+ extends deep oil production cuts into 2025 LONDON/DUBAI: OPEC+ agreed on Sunday to extend most of its deep oil output cuts well into 2025 as the group seeks to... Updated 03 Jun, 2024 09:21am
Markets Oil settles down ahead of OPEC+ meeting NEW YORK: Oil prices fell on Friday and posted a weekly loss as investors awaited an OPEC+ meeting on Sunday that... Published 02 Jun, 2024 02:53am
Print OPEC+ set to decide oil output policy for 2024, possibly into 2025 LONDON/DUBAI: Despite moving Sunday’s oil output decision-making meeting online, several OPEC+ ministers plan to fly... Updated 02 Jun, 2024 12:23pm
Markets Oil stabilises ahead of US inflation data and OPEC+ meeting LONDON: Oil prices held steady on Friday as investors awaited U.S. inflation data for clues on the demand outlook... Updated 31 May, 2024 05:19pm
Markets Oil falls as US reports surprise fuel build, weak demand NEW YORK: Oil prices fell again on Thursday, after the US government reported weak fuel demand in the country and a... Published 31 May, 2024 06:58am
Honoraria for NA, Senate staff but no change in tax rates for salaried group as Aurangzeb wraps up budget discussion
Honoraria for NA, Senate staff but no change in tax rates for salaried group as Aurangzeb wraps up budget discussion