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
Business & Finance Ford-SK venture to get $9.2bn US loan for battery plants WASHINGTON: The US Energy Department plans to lend up to $9.2 billion to a joint venture of Ford Motor and South... Published 26 Jun, 2023 06:38am
Markets US to start buying back oil for strategic reserve WASHINGTON: The US Energy Department said on Friday it will begin buying back oil for the Strategic Petroleum... Published 19 Dec, 2022 06:00am
Markets Oil prices rise on low diesel stocks ahead of winter HOUSTON: Oil prices traded about $1 higher on Thursday, reversing course as low levels of diesel inventory ahead of... Updated 13 Oct, 2022 09:07pm
Markets Oil down on strong dollar, worries about recession, hawkish Fed talk NEW YORK: Oil futures fell for a third day on Wednesday, as a stronger dollar and worries about weaker demand and... Published 13 Oct, 2022 05:59am
Markets Oil prices drop in advance of expected Fed rate hike NEW YORK: Oil prices dipped on Tuesday, following other risk assets lower, as the dollar stayed strong and investors... Updated 20 Sep, 2022 10:25pm
Business & Finance US Energy Department set to loan GM battery joint venture $2.5bn WASHINGTON: The US Energy Department on Monday plans to announce it intends to loan a joint venture of General ... Published 26 Jul, 2022 04:30am
Markets Oil jumps toward $108 as supply fears persist despite reserves release LONDON: Oil jumped over 3% on Monday toward $108 a barrel as the release of strategic reserves by consuming nations... Updated 04 Apr, 2022 07:25pm