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
Markets Oil prices climb on small build in US crude stocks NEW YORK: Oil prices climbed about 2% on Wednesday on a smaller-than-expected build in US crude inventories, a big... Published 07 Mar, 2024 04:59am
Markets Oil steadies as French strike and weaker dollar balance recession fears LONDON: Oil steadied on Thursday after a two-day decline as strike-disrupted fuel supply in France, a drop in U.S.... Updated 09 Mar, 2023 07:51pm
Markets Oil drops on inventory jump but demand outlook limits losses NEW YORK: Oil prices dropped for a second day on Wednesday on signs of ample US supplies and expectations of further... Published 16 Feb, 2023 06:08am
Markets Asia’s spot fuel oil premiums little changed SINGAPORE: Asia’s spot fuel oil premiums were little changed in thin trade on Thursday while landed fuel oil ... Published 27 Jan, 2023 06:15am
Markets Oil prices edge up as rising US inventories dampen demand optimism BENGALURU: Oil prices were up marginally in a volatile session on Thursday, after a surprise build in US crude ... Published 20 Jan, 2023 06:10am
Markets China demand optimism sets oil on track for strong weekly gain LONDON: Oil prices rose on Friday and were on track to gain over 7% on the week due to solid signs of demand growth... Updated 13 Jan, 2023 08:55pm
Markets Asia’s re-grade hits three-week high on sell-off SINGAPORE: Asia’s re-grade, also known as the discount between jet fuel and 10 ppm sulphur gasoil, widened to a... Published 13 Jan, 2023 06:05am
Markets Brent oil price broadly steady at $80/bbl amid rising US stockpiles LONDON: Oil prices were broadly steady on Wednesday as market participants were pulled in different directions by an... Updated 11 Jan, 2023 05:57pm
Markets Oil prices jump after US crude, fuel stocks drop, dollar weakens NEW YORK: Oil prices rose on Wednesday for a second day, rebounding from recent losses as the US dollar eased off... Published 29 Sep, 2022 05:54am
Markets Nasdaq leads Wall St lower as rate hike worries spark tech rout Wall Street fell on Friday with megacap growth and technology stocks leading a broader market selloff as rate hike... Published 19 Aug, 2022 07:43pm
Markets Oil up 3pc on US crude stocks data, tight supply outlook NEW YORK: Oil prices gained about 3% on Thursday as robust US fuel consumption data and an expected drop in Russian... Published 19 Aug, 2022 05:57am
Markets US crude, distillate inventories rose in week through June 10: EIA US crude stocks and distillate inventories rose while gasoline inventories fell in the week through June 10, the... Published 15 Jun, 2022 08:23pm
Markets US crude, distillate inventories rise: EIA NEW YORK: US crude stocks and distillate inventories rose while gasoline inventories fell, the Energy Information... Published 08 Jun, 2022 07:52pm
Markets U.S. crude stocks down, refining activity surges: EIA U.S. crude stocks fell modestly in the most recent week, the government said on Wednesday, as refiners picked up the... Published 25 May, 2022 08:37pm
Markets US crude stocks increase, output hits COVID-era high: EIA US crude stocks rose unexpectedly in the most recent week as production reached its highest level since before the... Published 06 Apr, 2022 09:26pm
Markets Australian shares slide on aggressive rate hike concerns Australian shares slipped on Wednesday as energy stocks tracked a tumble in oil prices and the technology sector... Published 06 Apr, 2022 10:27am
Markets Oil prices hit multi-year highs as US sanctions target Russian refiners Brent crude futures rise as high as $119.84 a barrel, the highest since May 2012 Updated 03 Mar, 2022 02:59pm
Markets US crude stockpiles rise, fuel inventories fall: EIA NEW YORK: US crude stockpiles rose sharply while gasoline and distillate inventories fell last week, the Energy... Published 24 Feb, 2022 09:48pm
Markets US crude stocks down, gasoline inventories surge: EIA US crude stocks fell while gasoline and distillate inventories rose, the Energy Information Administration said on... Published 05 Jan, 2022 08:34pm
Markets US crude, fuel stocks fell last week; output rises: EIA NEW YORK: US crude stocks, gasoline and distillate inventories fell last week, while US oil production rose to the... Published 29 Dec, 2021 09:05pm
Markets US crude, fuel stocks drop in most recent week: EIA US crude stocks, gasoline and distillate inventories fell last week, the Energy Information Administration said on... Updated 15 Dec, 2021 08:37pm
Markets US crude stocks dip, fuel inventories higher: EIA US crude stocks fell while gasoline and distillate inventories rose, the Energy Information Administration said on... Updated 08 Dec, 2021 08:42pm
Markets US crude stocks down, fuel inventories higher: EIA US crude stocks fell while gasoline and distillate inventories rose, the Energy Information Administration said on... Published 01 Dec, 2021 08:58pm
Markets Asia’s naphtha crack extends gains NEW DELHI: Asia’s naphtha crack extended gains on Wednesday as the market remained tight amid firm feedstock ... Published 11 Nov, 2021 05:20am
Markets US crude stocks edge up, fuel inventories down: EIA US crude stocks rose last week, while inventories of gasoline and distillates like diesel declined further due to... Updated 10 Nov, 2021 09:46pm
Markets US crude stocks up more than expected, Cushing hub plunges: EIA Crude stocks at the Cushing, Oklahoma, delivery hub fell by 3.9 million barrels in the last week, EIA says Published 27 Oct, 2021 08:21pm
Markets Oil rallies as US crude stocks decline in tight market • EIA shows expected fall in US crude stocks • Oil supplies continue to tighten worldwide Published 21 Oct, 2021 04:38am
Markets US crude, fuel stocks dip in most recent week: EIA US crude stocks, gasoline and distillate inventories fell last week, the Energy Information Administration said on... Published 20 Oct, 2021 07:28pm
Markets US crude stockpiles rise, fuel stocks down in most recent week: EIA Crude stocks at the Cushing, Oklahoma, delivery hub fell by 2 million barrels in the last week, EIA says Published 14 Oct, 2021 08:31pm
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points