Oil climbs as IEA lifts demand growth forecast, US inflation cools LONDON: Oil prices firmed on Tuesday after the International Energy Agency (IEA) raised its demand growth forecasts,... Updated 14 Nov, 2023 08:39pm
Markets Russia cuts gasoline, diesel output in October MOSCOW: Russian oil refineries reduced crude oil processing volumes in October from September by around 1.2% on a... Published 08 Nov, 2023 04:38pm
Markets Russian oil price for India eased in September vs Aug NEW DELHI: The average landed price of Russian oil for Indian refineries in September eased from August, according... Published 06 Nov, 2023 05:10pm
World Russian oil price cap can be adjusted to market developments: EU head PARIS: A new price cap on Russian seaborne oil will be adjustable over time so that it can react to market... Published 02 Dec, 2022 11:40pm
Markets EU delays talks on Russian oil price cap until next week BRUSSELS: A meeting of European Union government representatives, scheduled for Friday evening to discuss a Group of... Published 26 Nov, 2022 04:13am
Markets Oil prices slide, hit 9-month lows as dollar strengthens LONDON: Oil prices hit nine-month lows on Monday in choppy trade, pressured by a strengthening dollar as market... Published 27 Sep, 2022 04:06am
Markets Putin says Russia to stop supplying energy if Western price caps imposed VLADIVOSTOK: President Vladimir Putin on Wednesday threatened to cut off energy supplies if price caps are imposed... Published 07 Sep, 2022 04:43pm
Markets OPEC+ agrees small oil production cut LONDON: OPEC and its allies led by Russia on Monday agreed a small oil production cut to bolster prices that have... Published 06 Sep, 2022 04:08am
Markets Russian oil tankers get India safety cover via Dubai company NEW DELHI/LONDON: India is providing safety certification for dozens of ships managed by a Dubai subsidiary of top... Published 23 Jun, 2022 01:25pm
Markets Yellen says US in talks with allies to cap Russian oil price OTTAWA: The United States is in talks with allies to further restrict Russia’s oil revenues by capping the price ... Published 22 Jun, 2022 08:22am
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points