Oil falls on strong dollar, demand growth worries HOUSTON: Oil prices eased on Friday due to a strong dollar and worries about demand growth in 2025, especially in... Updated 20 Dec, 2024 09:45pm
Markets Oil slips on demand concerns after Fed signals slower rate cuts Oil prices fell on Thursday after the U.S. Federal Reserve signalled it would slow the pace of interest rate cuts in... Updated 19 Dec, 2024 06:03pm
Markets Oil steady ahead of US Fed rate decision, 2025 outlook Oil prices traded in a narrow range on Wednesday as investors stayed cautious ahead of a potential interest rate cut... Updated 18 Dec, 2024 06:12pm
Markets Oil dips on demand concerns as investors await Fed meeting LONDON: Oil prices fell on Tuesday as Chinese economic data renewed demand concerns while investors remained... Updated 17 Dec, 2024 09:12pm
Markets Oil prices edge down on soft Chinese spending data Oil futures dropped from their highest levels in weeks on Monday, pressured by weakness in consumer spending in... Updated 16 Dec, 2024 08:16pm
Markets Oil climbs 1% to 3-week high as more sanctions loom on Russia, Iran Brent futures rise 67 cents, or 0.9%, to $74.08 a barrel Updated 13 Dec, 2024 09:57pm
Markets Oil prices rise on China stimulus, possible tight supply in Europe HOUSTON: Oil prices rose on Tuesday as markets looked to rising demand in China, the world’s largest buyer, and... Updated 11 Dec, 2024 12:00am
Markets Oil prices rise as China moves toward monetary easing to boost growth Oil prices climbed by more than 1% on Monday as top importer China flagged its first move toward a loosened monetary... Updated 09 Dec, 2024 06:02pm
Markets Oil set for weekly loss on surplus fears after OPEC+ cut extensions Oil prices fell 1% on Friday and were headed for a weekly loss, as analysts continued to forecast a supply surplus... Updated 06 Dec, 2024 10:13pm
Markets Oil pares some gains after source says OPEC+ to delay output hike LONDON: Oil prices pared some gains on Thursday after a source told Reuters OPEC+ has agreed to delay a planned oil... Updated 05 Dec, 2024 06:15pm
Markets Oil prices nudge higher ahead of OPEC+ meeting LONDON: Oil prices climbed nearly 1% on Tuesday, as traders awaited the outcome of an OPEC+ meeting later this week.... Updated 03 Dec, 2024 03:47pm
Markets Oil rises on Chinese data, Middle East tensions HOUSTON: Oil prices rose on Monday, as strong factory activity in China buoyed hopes of higher demand, and as... Updated 02 Dec, 2024 09:32pm
Markets Oil heads for 2% weekly decline as supply risks ease LONDON: Oil prices were steady on Friday and heading for a weekly drop of more than 2%, pressured by easing concern... Updated 29 Nov, 2024 08:06pm
Markets Oil up as Israel says ceasefire violated, OPEC+ delays meeting LONDON: Oil prices ticked up on Thursday, after Israel said its ceasefire with Lebanese armed group Hezbollah was... Updated 28 Nov, 2024 07:03pm
Markets Oil slips after surprise build in U.S. gasoline stocks Oil prices edged lower on Wednesday as a large, surprise build in U.S. gasoline stocks outweighed easing supply... Updated 27 Nov, 2024 09:07pm
Markets Oil falls $2 on possible Mid-East peace deal HOUSTON: Oil prices fell more $2 on Monday after multiple reports that Israel and Lebanon had agreed to the terms of... Updated 25 Nov, 2024 09:25pm
Markets Oil prices climb 1% to two-week high as Ukraine war intensifies Oil prices climbed about 1% to a two-week high on Friday as the intensifying war in Ukraine this week boosted the... Updated 23 Nov, 2024 12:35am
Markets Oil jumps as Russia-Ukraine missile exchange outweighs US crude stocks LONDON: Oil climbed more than 1% on Thursday after Russia and Ukraine launched missiles at each other, overshadowing... Updated 21 Nov, 2024 09:18pm
Markets Oil steady as Ukraine escalation offsets US crude, gasoline stock build HOUSTON: Oil prices were steady on Wednesday as the escalating war between major oil producer Russia and Ukraine... Updated 20 Nov, 2024 09:38pm
Markets Oil steadies as Sverdrup field restart counters geopolitical concerns LONDON: Oil prices steadied on Tuesday as the restart of production at Norway’s Johan Sverdrup oilfield offset... Updated 19 Nov, 2024 08:11pm
Markets Oil prices tick higher as Russia-Ukraine tensions escalate LONDON: Oil prices edged up on Monday after fighting between Russia and Ukraine intensified over the weekend,... Updated 18 Nov, 2024 04:49pm
Markets Oil prices broadly flat after falling on dollar surge LONDON: Oil prices were largely steady on Thursday, with traders holding fire after declines earlier this week on a... Updated 14 Nov, 2024 07:47pm
Markets Oil prices hold near 2-week low on gloomy demand outlook Oil prices held near their lowest in two weeks on Wednesday, a day after OPEC downgraded its forecast for global oil... Updated 13 Nov, 2024 04:37pm
Markets Oil prices steady ahead of OPEC report, China stimulus limit gains Oil prices were little changed on Tuesday, awaiting further price direction from OPEC’s monthly report, while... Updated 12 Nov, 2024 04:57pm
Markets 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 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 rises 2% as US stockpiles drawdown, OPEC+ mulls output hike delay NEW YORK: Oil prices rebounded on Wednesday, rising more than 2% after data showed U.S. crude and gasoline... Updated 30 Oct, 2024 09:39pm
Markets Oil prices climb as US reserve bid lends support Oil prices rose on Tuesday after tumbling 6% in the previous session, as a U.S. plan to buy oil for the Strategic... Updated 29 Oct, 2024 04:51pm
Markets Oil prices broadly stable with uncertainty around Middle East and US election LONDON: Oil prices were broadly stable on Thursday as uncertainty around conflict in the Middle East and reports of... Updated 24 Oct, 2024 07:26pm
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept