Oil prices climb as geopolitical tensions outweigh US inventories SINGAPORE: Oil prices climbed on Thursday as geopolitical concerns over escalating tensions between Russia and... Updated 21 Nov, 2024 02:08pm
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 NEW YORK: Oil prices steadied on Tuesday as Norway’s Johan Sverdrup oilfield restarted production while there were... Published 20 Nov, 2024 07:49am
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 on track for weekly loss as Chinese demand wanes For the week, Brent set to fall 2.9% while WTI set to decline 3.6% Updated 15 Nov, 2024 10:54pm
Markets Oil prices largely steady LONDON: Oil prices were largely steady on Thursday, with traders holding fire after declines earlier this week on a... Published 15 Nov, 2024 06:47am
Markets Oil prices fall more than 1% as Hurricane Rafael risk recedes LONDON: Oil prices fell on Friday on receding fears over the impact of Hurricane Rafael on oil and gas... Updated 08 Nov, 2024 05:09pm
Markets China’s crude oil imports fall for sixth straight month on refinery closure BEIJING: China’s crude oil imports fell 9% in October, data showed on Thursday, a sixth consecutive monthly... Published 07 Nov, 2024 11:00am
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 Oil prices rise 1% after boost from US fuel demand LONDON: Oil prices gained 1% on Thursday after rallying the previous day on stronger than expected U.S. fuel demand... Updated 31 Oct, 2024 06:54pm
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 slides 5% after limited Israeli retaliatory attack on Iran Brent futures down $4.13, or 5.43%, at $71.92 a barrel Updated 28 Oct, 2024 08:16pm
Markets Oil set for 3% weekly gain, investors weigh Middle East risk HOUSTON: Oil prices were on track to gain around 3% on the week as Friday’s prices ticked up, with investors taking... Updated 25 Oct, 2024 09:43pm
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
Markets Oil slips 1% on large build in US crude stocks; market watches Middle East NEW YORK: Oil prices fell on Wednesday after data showed U.s. crude inventories rose by more than expected even as... Updated 23 Oct, 2024 09:39pm
Markets Oil rises as Middle East war rages NEW YORK: Oil prices rose for the second consecutive session on Tuesday, as traders downplayed hopes of a Middle ... Updated 23 Oct, 2024 07:59am
Markets Oil rises on US crude stocks fall and possible delay to OPEC+ hike LONDON: Oil firmed on Thursday, edging up from multi-month lows on a possible delay to output increases by OPEC+... Updated 05 Sep, 2024 05:08pm
Markets Brent crude falls $1/bbl on demand fears HOUSTON: Brent crude oil prices fell by $1 a barrel to $72.75 on Wednesday because of pessimism about demand in the... Updated 04 Sep, 2024 09:03pm
Markets Oil drops more than 4% on reports of potential resolution to Libya dispute Brent crude futures down $3.51, or 4.5%, to $74.02 a barrel at 11:31am ET (15:31 GMT) Updated 03 Sep, 2024 09:30pm
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 fall 2pc on economic worries, technical decline NEW YORK: Oil prices fell about 2% on Tuesday on worries that slower economic growth in the US and China could... Published 28 Aug, 2024 06:22am
Markets Oil up 2% on Libya shutdowns, Mideast escalation fears LONDON: Oil prices rose 2% on Monday on news of fresh production outages in Libya, adding to earlier gains on... Updated 26 Aug, 2024 05:17pm
Markets Oil climbs $2/barrel HOUSTON: US light crude oil gained more than $2 a barrel on Friday after comments by US Federal Reserve Chair Jerome... Published 24 Aug, 2024 06:23am
Markets Morgan Stanley cuts 2024 oil demand growth outlook NEW YORK: Morgan Stanley has lowered its global oil demand growth forecast for 2024, mainly due to China’s slower... Published 24 Aug, 2024 06:23am
Markets Oil climbs with U.S. Federal Reserve pivot HOUSTON: Oil prices rose more than 1% on Friday as U.S. Federal Reserve Bank Chair Jerome Powell signalled interest... Updated 23 Aug, 2024 11:34pm
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 edges up after US crude stock draw, weak Chinese economy caps gains HOUSTON: Oil prices edged up on Wednesday after a larger than expected crude stock draw, which offset some concerns... Updated 21 Aug, 2024 09:41pm
Markets Oil prices fall more than 1% on China worries Oil prices fell by more than $1 on Friday, with Brent slipping below $80 a barrel after a string of dismal... Updated 16 Aug, 2024 05:12pm
Markets China’s July oil refinery output sinks to the lowest since Oct 2022 SINGAPORE: China’s oil refinery output in July fell 6.1% from a year earlier, official data showed on Thursday, down... Published 15 Aug, 2024 10:25am