Russian rouble strengthens vs dollar, buoyed by oil prices MOSCOW: The Russian rouble strengthened slightly against the dollar on Wednesday, regaining some of the ground lost... Published 13 Mar, 2024 01:39pm
Markets Russian rouble holds steady around 88 to the dollar The Russian rouble opened up slightly on Thursday around the 88 to the dollar mark, held up by the traditional low... Published 18 Jan, 2024 02:41pm
Markets Oil climbs as supply concerns deepen with Libyan oilfield disruption Oil prices rose more than a $1 a barrel on Wednesday after reports of a disruption to Libya’s top oilfield added to... Updated 03 Jan, 2024 08:57pm
Markets Oil prices set to end year 10pc lower LONDON: Oil prices are set to end 2023 about 10 percent lower after two years of gains as geopolitical concerns,... Published 30 Dec, 2023 06:28am
Markets Oil falls as Angola decides to exit OPEC NEW YORK: Oil prices fell by roughly $1 a barrel on Thursday after Angola said it would exit the Organization of the... Published 22 Dec, 2023 05:22am
Markets Oil rises as US launches Red Sea task force, tankers reroute LONDON: Oil rose on Tuesday, extending the previous session’s gains, after attacks by Yemen’s Iran-aligned Houthi... Updated 19 Dec, 2023 08:22pm
Markets Oil rises by more than 1% on Red Sea tanker attack, re-routings LONDON: Oil rose more than 1% on Monday as attacks by the Houthis on ships in the Red Sea raised concerns of oil... Updated 18 Dec, 2023 06:36pm
Print Russia eyes additional oil export cuts of about 50,000bpd in Dec MOSCOW: Russia said on Sunday it would deepen oil export cuts in December by potentially 50,000 barrels per day or... Updated 18 Dec, 2023 08:35am
Markets Russia eyes additional oil export cuts of about 50,000 bpd in December: Novak says MOSCOW: Russia said on Sunday it would deepen oil export cuts in December by potentially 50,000 barrels per day or... Updated 17 Dec, 2023 07:12pm
Markets Oil prices take a small loss in seesaw session HOUSTON: Brent and US crude futures finished at a small loss following a see-saw session, in which prices fell more... Published 17 Dec, 2023 03:01am
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 prices steady ahead of OPEC+ oil production decision Global benchmark Brent crude oil hovered above $81 a barrel on Friday ahead of next week’s OPEC+ meeting, which... Updated 24 Nov, 2023 10:31pm
BR Research Oil: Will Opec hit back hard? Opec delaying its scheduled meeting by four days has taken the market by surprise – initiating a selloff that saw... Published 24 Nov, 2023 08:32am
Markets Oil slips 2% on growing angst over delayed OPEC+ meeting Oil prices dipped about 2% on Thursday, extending losses after the postponement of an OPEC+ meeting stoked... Updated 23 Nov, 2023 10:05pm
Markets Asia stocks slip as dovish Fed cheer fades SINGAPORE: Asian stocks backed away from 2-1/2-month high on Wednesday and the dollar found support as investors’... Published 22 Nov, 2023 10:11am
Markets Russian rouble opens stronger, highest since end-June MOSCOW: The Russian rouble opened higher on Tuesday, reaching the strongest levels since the end of June in... Published 21 Nov, 2023 12:35pm
Markets Oil slips as investors watch diplomatic moves in Gaza war LONDON: Oil prices slipped on Monday as investors continued to focus on the situation in the Middle East, where... Updated 23 Oct, 2023 05:54pm
Markets China’s September oil imports from Russia fall on month BEIJING/SINGAPORE: Russian crude oil arrivals in China fell in September from a peak level set in the prior month,... Published 20 Oct, 2023 11:01am
Markets Oil set for second week of gains on Gaza contagion fears LONDON: Oil prices extended gains on Friday and were on track to rise for a second week on heightened fears that the... Updated 20 Oct, 2023 03:16pm
Markets Oil slips as Venezuela sanctions ease, Middle East in focus LONDON: Oil prices fell about 2% on Thursday as the United States eased sanctions on Venezuela to allow more oil to... Updated 19 Oct, 2023 03:46pm
Markets Oil up about 2% on big US crude storage draw, Middle East tension NEW YORK: Oil prices climbed about 2% to a two-week high on Wednesday on a bigger-than-expected U.S. storage draw... Updated 18 Oct, 2023 09:37pm
Markets Oil prices edge higher ahead of Biden Middle East trip NEW YORK: Oil prices edged higher on Tuesday ahead of a trip by U.S. President Joe Biden to the Middle East that is... Updated 17 Oct, 2023 09:04pm
Markets Saudi Arabia’s crude exports drop to 28-month low in August Saudi Arabia’s crude oil exports in August hit their lowest level in 28 months as they fell for a fifth straight... Published 16 Oct, 2023 06:24pm
Markets Oil dips below $90 a barrel as US agrees Venezuela deal LONDON: Oil futures fell on Monday on reports that the U.S. had agreed a deal to ease sanctions on Venezuela, while... Updated 16 Oct, 2023 08:06pm
BR Research Oil risk premium returns Oil bears couldn’t stay the course for long. Not of the fault of their own this time though but the bear run... Published 16 Oct, 2023 06:33am
Business & Finance Oil surges nearly 6 percent NEW YORK: Oil prices leapt nearly 6% on Friday, with Brent posting its highest weekly gain since February, as... Published 14 Oct, 2023 05:32am
Business & Finance Nearby Brent crude spread hits 2023 high on tight supply LONDON: The spread between the front and second month contract for global oil benchmark Brent has widened to its... Published 29 Sep, 2023 06:24am
Markets Russian rouble hits over one-week low vs dollar as tax period ends The Russian rouble hit a more than one-week low against the dollar on Thursday before recovering some ground,... Published 28 Sep, 2023 02:52pm
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 WTI price surge shuts arbitrage oil flows from US to Europe, Asia SINGAPORE: A sudden surge in U.S. West Texas Intermediate crude prices that pulled Brent higher has shut off... Published 19 Sep, 2023 04:29pm
