Markets Oil prices edge lower as Russia eases fuel export ban NEW YORK: Oil prices edged lower in choppy trade on Monday as Russia relaxed its fuel ban, after earlier gains on a... Updated 25 Sep, 2023 07:58pm
Markets Oil ends week lower as demand concerns face Russia supply HOUSTON: Oil prices held steady on Friday but closed the week lower on profit-taking and as markets weighed supply... Published 25 Sep, 2023 06:34am
Markets Oil prices rise as Russia fuel export ban stokes supply concerns LONDON: Oil prices rose on Friday as renewed global supply concerns from Russia’s fuel export ban counteracted... Updated 22 Sep, 2023 05:49pm
Markets Oil little changed ahead of US Fed rate decision NEW YORK: Oil prices were little changed on Wednesday ahead of the U.S. Federal Reserve’s interest rate decision,... Updated 20 Sep, 2023 09:01pm
Markets Oil prices extend multi-month highs on supply concerns LONDON: Oil prices extended 10-month highs on Wednesday, driven by expectations that crude supply will remain tight... Updated 13 Sep, 2023 05:01pm
Markets Oil prices spike on tight supplies and upbeat OPEC LONDON: Oil prices jumped by about 1% on Tuesday, boosted by a tighter supply outlook and OPEC optimism over the... Updated 12 Sep, 2023 08:22pm
Markets Oil prices steady around 10-month highs NEW YORK: The benchmark oil price was little changed on Monday, holding above the $90 a barrel reached last week for... Published 12 Sep, 2023 06:22am
Markets Oil drops over 1% on worries about Chinese economy NEW YORK: Oil prices fell over 1% on Tuesday on sluggish Chinese economic data coupled with fears that Beijing’s... Updated 15 Aug, 2023 08:33pm
Markets Oil dips further as China worries counter supply cuts HOUSTON: Oil prices dipped on Monday as concerns about China’s faltering economic recovery and a stronger dollar... Published 15 Aug, 2023 06:30am
Markets Oil slips as China worries, stronger dollar weigh LONDON: Oil prices slipped about 1% on Monday as concerns about China’s faltering economic recovery and a stronger... Updated 14 Aug, 2023 06:15pm
Markets Oil steadies ahead of US inflation data LONDON: Oil prices stabilised on Thursday as investor caution dominated ahead of inflation data expected to offer... Updated 10 Aug, 2023 05:15pm
Markets Oil dips but on track for fifth week of gains NEW YORK: Oil prices edged lower on Friday, but were on track for a fifth straight week of gains as investors were... Published 31 Jul, 2023 06:43am
Markets Oil futures up 3pc on strong China refinery data HOUSTON: Oil prices gained about 3 % to a one-week high on Thursday as the US dollar weakened and data showed a jump... Published 16 Jun, 2023 06:27am
Markets Oil steady as markets debate U.S. crude stocks build ahead of Fed rate decision HOUSTON: Oil prices were little changed on Wednesday, giving up early gains, as markets weighed an unexpected, large... Updated 14 Jun, 2023 09:40pm
Markets Oil posts second weekly decline as demand concerns overshadow Saudi cut BENGALURU: Oil prices fell more than a dollar a barrel on Friday to record a second straight weekly decline, as... Published 12 Jun, 2023 06:26am
Markets Oil rises as Saudi cut supports and focus turns to Fed LONDON: Oil rose on Thursday as tighter supply resulting from Saudi Arabia’s pledged production cut and a potential... Updated 08 Jun, 2023 06:03pm
Markets Oil prices higher as Saudi output cuts overshadow weak signals HOUSTON: Oil prices climbed over 1% on Wednesday as Saudi Arabia’s surprise weekend pledge to deepen output cuts... Published 08 Jun, 2023 06:30am
Business & Finance Investors ignore OPEC+ to focus on consumption outlook: Kemp LONDON: Portfolio investors had become increasingly bearish about the outlook for oil prices in the run up to the... Published 06 Jun, 2023 05:33am
Markets Oil gains 2pc after US debt deal and jobs data NEW YORK: Oil prices rose about 2% on Friday after the US Congress passed a debt ceiling deal that averted a... Published 05 Jun, 2023 03:27am
Markets China’s April crude oil imports fall to lowest since January BEIJING: China’s crude oil imports fell in April to the lowest level since January, customs data showed on Tuesday,... Published 09 May, 2023 09:22am
Business & Finance Oil prices jump but still on track for third weekly fall HOUSTON: Oil prices jumped on Friday but were set for a third straight week of losses after sharp declines earlier ... Published 06 May, 2023 06:43am
Markets Australian shares eye worst week since March as financial stocks drag Australian shares fell for a fourth straight session on Friday, with financials leading the declines, as investors... Published 05 May, 2023 09:38am
Markets Oil prices jump but still on track for third weekly fall HOUSTON: Oil prices jumped on Friday but were set for a third straight week of losses after sharp declines earlier... Updated 05 May, 2023 08:59pm
Markets Oil up slightly after smaller ECB hike NEW YORK: Oil prices rose on Thursday after the European Central Bank (ECB) decided to slow the pace of its interest... Published 05 May, 2023 06:44am
Markets Oil steady after smaller ECB hike, demand concerns linger LONDON: Oil prices were stable after the European Central Bank (ECB) decided on Thursday to slow interest rate... Updated 04 May, 2023 07:34pm
Markets Oil extends losses ahead of expected interest rate hikes LONDON: Oil prices extended losses on Wednesday after plunging 5% in the previous session, as investors fretted... Updated 03 May, 2023 02:34pm
Business & Finance Oil slumps 5pc to five-week low amid US debt default fears NEW YORK: Oil prices sank about 5% to a five-week low on Tuesday on concerns about the economy as US politicians... Published 03 May, 2023 06:35am
Markets Oil edges higher as markets debate supply tightness HOUSTON: Oil edged slightly higher on Wednesday as worries of tight supply after an unexpected draw in U.S. oil... Updated 29 Mar, 2023 09:31pm
Markets Oil prices rise $1/bbl on Kurdish supply risks NEW YORK: Crude prices rose about $1 a barrel on Tuesday, extending sharp gains from the previous session on supply... Published 29 Mar, 2023 06:27am
Markets Oil prices settle down, post big weekly losses on banking fears NEW YORK: Oil prices settled lower Friday, reversing early gains of more than $1 a barrel as banking sector fears... Published 20 Mar, 2023 06:12am