Oil set for another weekly gain on tight supply and China optimism LONDON: Oil was on track for a third weekly gain as supply tightness spearheaded by Saudi Arabian production cuts... Updated 15 Sep, 2023 07:16pm
Markets Oil hits 2023 highs on tight supply outlook LONDON: Oil rebounded on Thursday, with Brent crude topping $93 a barrel for the first time this year, as... Updated 14 Sep, 2023 05:24pm
Markets Saudi, Russian oil cuts to cause big supply shortfall: IEA PARIS: Oil cuts by Saudi Arabia and Russia will cause a “significant” global supply shortfall through the end of... Published 14 Sep, 2023 06:07am
Markets OPEC+ cuts, firm demand in Asia to lift Brent above $100/bbl by year-end: BofA OPEC+ maintaining current supply cuts through year-end coupled with a positive demand backdrop in Asia could push... Published 13 Sep, 2023 05:05pm
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
BR Research Brent surge continues All eyes are set on two crucial monthly reports due later this week – by the US Energy Information Administration... Published 12 Sep, 2023 09:04am
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 prices ease from 10-month highs but hold above $90 a barrel LONDON: Oil prices edged lower on Monday after fresh Saudi and Russian crude output cuts had driven prices to... Updated 11 Sep, 2023 04:31pm
Markets Oil ticks higher as tight supply trumps macroeconomic gloom LONDON: Oil prices hovered above $90 a barrel on Friday, on track to end the week higher as investors chose to focus... Updated 08 Sep, 2023 05:26pm
Markets Oil falls as concerns about China outweigh extended cuts LONDON: Oil prices eased on Thursday as an uncertain economic outlook for China outweighed expectations of tighter... Updated 07 Sep, 2023 07:36pm
Markets China’s August crude oil imports jump 30.9% from a year ago BEIJING: China’s crude oil imports in August surged by 30.9% from a year earlier, customs data showed on Thursday,... Published 07 Sep, 2023 09:30am
Markets Oil falls below $90 as markets shuffle back from supply jitters NEW YORK: Oil prices fell below $90 a barrel on Wednesday, after rising over 1 percent the previous session, on a... Published 07 Sep, 2023 06:21am
Markets Oil jumps as Saudi Arabia and Russia extend supply cuts to end-2023 LONDON: Oil prices jumped about 2% on Tuesday after Saudi Arabia and Russia announced a fresh extension to their... Updated 05 Sep, 2023 07:05pm
Markets Oil edges up on prospect of extended OPEC+ supply cuts NEW YORK: Oil prices edged higher on Monday on expectations that OPEC+ would keep supplies tight and speculation... Updated 04 Sep, 2023 09:09pm
Markets Oil rises to highest in over 7 months on supply worries NEW YORK: Oil prices rose on Friday to their highest in over half a year and were on track to snap a two-week losing... Updated 01 Sep, 2023 09:27pm
Markets Oil prices rise on supply picture, weak Chinese data weighs LONDON: Oil prices rose on Thursday, boosted by a large drawdown in U.S. crude inventories and production cuts by... Updated 31 Aug, 2023 06:23pm
Markets Oil steadies as supply concerns counter macroeconomic jitters LONDON: Oil prices were little changed on Tuesday as investors weighed supply concerns from a hurricane hurtling... Updated 29 Aug, 2023 08:39pm
Markets Brent prices to be well supported near $80/bbl, says Morgan Stanley Morgan Stanley expects Brent crude prices to be well supported around $80 per barrel as the oil market is likely to... Published 25 Aug, 2023 04:24pm
Markets Oil slips, US Fed chief’s speech in spotlight LONDON: Oil prices slipped on Thursday on disappointing economic data from key economies, with investors awaiting a... Updated 24 Aug, 2023 07:17pm
Markets Oil rises as China seeks to soothe economic woes; strong travel demand HOUSTON: Oil prices rose more than 1% on Thursday, after falling for three straight days, as U.S. gasoline stocks... Updated 17 Aug, 2023 09:21pm
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 prices firm on upbeat demand growth forecasts LONDON: Oil prices gained ground on Friday amid optimistic demand forecasts from the OPEC producer group and the... Updated 11 Aug, 2023 08:14pm
Print Oil benchmark Brent’s price structure reflects tighter market LONDON: The structure of the global benchmark Brent crude futures market is at its most bullish since April,... Updated 11 Aug, 2023 08:42am
Markets Oil benchmark Brent’s price structure reflects tighter market LONDON: The structure of the global benchmark Brent crude futures market is at its most bullish since April,... Published 10 Aug, 2023 07:22pm
Markets Oil hits new highs as tighter supply offsets China demand concern LONDON: Oil hit new peaks on Wednesday with Brent crude touching the highest since April as tighter supply owing to... Updated 09 Aug, 2023 04:40pm
Markets China’s July crude imports up 17.0% year-on-year BEIJING: China’s crude oil imports in July rose 17.0% year-on-year, customs data showed on Tuesday, as domestic... Published 08 Aug, 2023 10:30am
Markets Oil slips as weak China data offsets tightening supply NEW YORK: Oil prices fell by about 1% on Tuesday after data showed China’s crude imports and exports fell much more... Updated 08 Aug, 2023 09:16pm
Markets Oil dips after sustained rally bolstered by supply cuts LONDON: Oil prices edged lower following a protracted rally, helped by top producers Saudi Arabia and Russia... Updated 07 Aug, 2023 05:06pm
