Oil prices flat, set for weekly drop as Trump touts energy policy HOUSTON: Oil prices were flat on Friday but were on track to fall on the week after U.S. President Donald Trump... Updated 24 Jan, 2025 10:47pm
Markets Oil prices held down by Trump tariff uncertainty LONDON: Oil prices were little changed on Thursday, maintaining the previous session’s losses on uncertainty over... Updated 23 Jan, 2025 03:17pm
Markets Oil prices climb as dollar weakens, investors watch Trump policies Oil prices edged higher on Wednesday as the dollar weakened, with traders closely watching U.S. inventories,... Updated 22 Jan, 2025 05:49pm
Markets Oil falls as traders digest Trump tariff reprieve, stronger dollar LONDON: Oil prices fell on Tuesday as investors assessed U.S. President Donald Trump’s plans to apply new tariffs... Updated 21 Jan, 2025 07:33pm
Markets Oil prices slide as market awaits Trump’s return to White House HOUSTON: Oil prices slipped on Monday as U.S. President-elect Donald Trump’s inauguration is expected to bring a... Updated 20 Jan, 2025 09:25pm
Markets Oil set for fourth straight week of gains as investors assess US sanctions LONDON: Oil prices moved lower on Friday but remained on course for a fourth consecutive week of gains, as the... Updated 17 Jan, 2025 08:06pm
Markets Oil falls as halt to Houthi shipping attacks expected HOUSTON: Oil prices slipped on Thursday with Yemen’s Houthi militia expected to halt attacks on ships in the Red... Updated 16 Jan, 2025 09:37pm
Markets Tanker rates extend rally on sanctions, demand to load Mideast oil SINGAPORE: Oil shipping rates extended their rally on expectations of a tightening in global tanker supply from... Published 15 Jan, 2025 12:04pm
Markets Oil gains capped by uncertainty over sanctions impact Oil prices crept higher on Wednesday as the market focused on potential supply disruptions from sanctions on Russian... Updated 15 Jan, 2025 06:16pm
Markets Oil prices hover near 4-month highs as Russia sanctions stay in focus Oil prices paused their rally on Tuesday, but remained near four-month highs, with the market’s attention focused on... Updated 14 Jan, 2025 05:06pm
Markets China’s crude oil imports fall in 2024, first time in two decades outside of COVID China’s crude oil imports fell 1.9% in 2024, data showed on Monday, the first annual decline in two decades outside... Published 13 Jan, 2025 11:20am
Markets Oil jumps on expected hit to China and India’s Russian supplies LONDON: Oil extended gains for a third session on Monday, with Brent crude rising above $80 a barrel to its highest... Updated 13 Jan, 2025 05:31pm
Markets Oil prices rise as concerns grow over supply disruptions Oil prices climbed on Tuesday reversing earlier declines, as fears of tighter Russian and Iranian supply due to... Updated 07 Jan, 2025 06:02pm
Markets Iran lowers January light crude price to Asia Iran has set the official selling price (OSP) for its light crude oil grade for Asian buyers at $1.35 a barrel above... Published 06 Jan, 2025 11:01am
Markets Oil resists dollar pressure to hold at three-month high LONDON: Oil prices eased on Monday, pressured by a strong dollar, but remained at their highest since mid-October as... Updated 06 Jan, 2025 03:50pm
Markets Oil drifts higher in sparse holiday trade LONDON: Oil prices edged up on Monday in thin holiday trade at the end of the year, as traders awaited more Chinese... Updated 30 Dec, 2024 06:20pm
Markets Big Oil backtracks on renewables push as climate agenda falters LONDON: Major European energy companies doubled down on oil and gas in 2024 to focus on near-term profits, slowing... Published 27 Dec, 2024 12:18pm
Markets Oil heads for weekly gain on China stimulus hopes LONDON: Oil prices rose almost 1% on Friday and was on track for a weekly gain, spurred by expectations of a... Updated 27 Dec, 2024 06:02pm
Markets Oil edges up on China stimulus hopes, US inventory drop LONDON: Oil edged higher on Thursday in thin holiday trade driven by hopes for additional fiscal stimulus in China,... Updated 26 Dec, 2024 06:43pm
Markets Oil prices rise in thin pre-holiday trade NEW YORK/LONDON: Oil prices were up on Tuesday, reversing the prior session’s losses on a brightening short-term... Updated 24 Dec, 2024 09:48pm
Markets 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 Asia fuel oil prices capped in early 2025 but supply risks loom SINGAPORE: Asia’s fuel oil premiums and refining margins will be capped by ample supply in early 2025, but cleaner... Published 18 Dec, 2024 12:57pm
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 China’s crude oil imports rebounded in November, but so did storage flows: Russell LAUNCESTON: China’s crude oil imports in November hit a 14-month high, but much of the additional volume is likely... Published 16 Dec, 2024 10:48am
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 edges lower on IEA surplus forecast NEW YORK: Oil prices were down more than 1% on Thursday as a forecast for ample supply in the oil market offset... Updated 12 Dec, 2024 10:06pm
Markets Oil prices rise HOUSTON: Oil prices rose more than 1% on Wednesday after the European Union agreed an additional round of sanctions... Published 12 Dec, 2024 07:06am