Oil slides on Chinese stimulus plan disappointment HOUSTON: Oil prices fell by more than $2 a barrel on Monday after China’s stimulus plan disappointed investors... Updated 11 Nov, 2024 09:39pm
Markets Oil slips as investors digest US election fallout LONDON: Oil slipped on Thursday, extending a sell-off triggered by the U.S. presidential election, as a strong... Updated 07 Nov, 2024 07:06pm
Markets Oil falls as Trump victory pushes dollar higher Oil prices fell about 3% on Wednesday as the U.S. dollar was set for its biggest one-day rise since March 2020 on... Updated 06 Nov, 2024 08:49pm
Markets Oil trades in tight range ahead of US election result LONDON: Oil prices traded in a narrow range on Tuesday ahead of what is expected to be an exceptionally close U.S.... Updated 05 Nov, 2024 06:35pm
Markets Oil prices rise 1% on reports Iran preparing strike on Israel NEW YORK: Oil prices rose about 1% on Friday to a one-week high on reports Iran was preparing a retaliatory strike... Updated 01 Nov, 2024 09:07pm
Markets Asian stocks dragged by tech, yen gains little traction as BOJ holds TOKYO: Asian stocks slid on Thursday as chip-sector stocks tracked overnight declines by Wall Street peers and... Published 31 Oct, 2024 10:04am
Markets Oil prices likely to fall after Israel shows restraint in strikes on Iran SINGAPORE/LONDON: Oil prices are expected to fall when trading resumes on Monday as Israel’s retaliatory strike on... Updated 27 Oct, 2024 06:53pm
Markets Oil prices gain, recouping some of last week’s 7% loss Brent crude futures up 58 cents, or 0.79%, at $73.63 a barrel Updated 21 Oct, 2024 10:21pm
Markets Asian stocks ease, dollar firms as traders ponder US rates SINGAPORE: Asian stocks eased near two-and-half-year highs on Tuesday and the US dollar firmed following hawkish... Published 01 Oct, 2024 10:15am
Markets Oil extends losses on weak China data and expected OPEC+ supply boost Oil prices extended losses from the end of last week on expectations of higher OPEC+ production from October while... Updated 02 Sep, 2024 06:24pm
Markets Oil prices fall as demand concerns offset Libya supply risks Oil prices fell by around 1% on Wednesday due to persistent concerns over Chinese demand and elevated risks of a... Updated 28 Aug, 2024 07:02pm
Markets Oil prices steady as US crude draw limits downside Oil prices steadied on Thursday after four days of declines on investor concern over the global demand outlook,... Updated 22 Aug, 2024 05:42pm
Markets Oil price dip keeps Brent below $80 on China demand woes LONDON: Oil prices eased on Monday, with Brent holding below $80 as concern over demand in top oil importer China... Updated 19 Aug, 2024 03:09pm
Markets Oil creeps back up after three days of losses LONDON: Oil prices crept up on Thursday, clawing back some of the previous three days’ losses despite the U.S.... Updated 23 May, 2024 05:04pm
Markets Oil slips for third day on likely ‘higher for longer’ US rates LONDON: Oil prices fell on Wednesday, retreating for a third straight day on expectations that the Federal Reserve... Updated 22 May, 2024 05:37pm
World Oil tankers continue Red Sea movements despite Houthi attacks HOUSTON: Oil and fuel tanker traffic in the Red Sea was stable in December, even though many container ships have... Updated 09 Jan, 2024 09:02pm
Markets Global stocks set to snap 9-week winning streak on Fed repricing TOKYO: Asian stocks wobbled on Friday, keeping global equities on track to snap a nine-week winning streak, while... Published 05 Jan, 2024 10:38am
Markets Oil rises on weaker dollar, IEA demand upgrade LONDON: Oil prices rose on Thursday, extending the previous session’s gains, boosted by a weaker dollar and as the... Updated 14 Dec, 2023 05:25pm
Markets Oil prices stable around six-month lows LONDON: Oil prices were little changed on Wednesday, after falling by more than 3% to six-month lows in the previous... Updated 13 Dec, 2023 06:07pm
Markets Oil falls 3%, extends losses after US inflation data LONDON: Oil fell 3% on Tuesday, with Brent crude hitting the lowest since June after U.S. consumer prices rose in... Updated 12 Dec, 2023 09:03pm
Markets Oil prices edge down with investors still wary LONDON: Oil prices dipped on Monday as worries persisted around crude oversupply despite OPEC+ cuts and softer fuel... Updated 11 Dec, 2023 06:28pm
Markets Oil drops close to July low on scepticism over OPEC+ cuts LONDON: Global benchmark Brent fell below $78 a barrel, not far off its July low, despite Saudi Arabia saying OPEC+... Updated 05 Dec, 2023 07:06pm
Markets Oil prices fall amid skepticism on OPEC+ supply cuts Oil prices fell on Thursday after rising by more than 1% earlier in the session after OPEC+ oil producers agreed to... Updated 30 Nov, 2023 10:30pm
Markets Brent falls below $80 ahead of OPEC+ meeting LONDON: Oil prices fell on Monday, with the Brent benchmark dropping below $80 a barrel as investors awaited this... Updated 27 Nov, 2023 06:11pm
Markets Oil rises on expectations of further OPEC+ supply cuts LONDON: Oil futures rose more than $1 on Monday, extending gains on the prospect of OPEC+ deepening supply cuts to... Updated 20 Nov, 2023 07:20pm
Markets Oil prices dive on US crude build and China concerns Oil prices fell more than $3 a barrel on Thursday, extending losses from the previous session, as investors in New... Updated 16 Nov, 2023 09:58pm
Markets Stocks gain, bonds calm as Fed outlook trumps Moody’s downgrade TOKYO: Stocks in Asia rose on Monday while Treasuries and the dollar kept their composure, as investors took their... Published 13 Nov, 2023 10:28am
Markets Oil rises 1% after Fed, BoE keep rates unchanged LONDON: Oil gained 1% on Thursday to snap a three-day decline as risk appetite returned to financial markets after... Updated 02 Nov, 2023 07:00pm
Markets Oil rises more than $1 on fears of spread of Middle East conflict SINGAPORE: Oil prices rose by over $1 on Friday as reports that the U.S military struck Iranian targets in Syria... Published 27 Oct, 2023 09:46am
Markets Oil prices broadly stable amid flurry of weak economic data LONDON: Oil prices were broadly stable on Tuesday following the previous session’s dip after a flurry of economic... Updated 24 Oct, 2023 02:24pm
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points