Oil falls as China’s economic recovery disappoints, dollar strengthens LONDON: Oil fell more than $1 on Wednesday as economic growth in China, the world’s second-largest crude user,... Updated 17 Jan, 2024 05:49pm
Markets Oil falls as investors focus on Middle East, interest rates HOUSTON: Oil prices edged lower on Tuesday as investors weighed the impact of tensions in the Middle East against a... Published 17 Jan, 2024 06:02am
Markets Oil drops more than 1% despite Middle East conflict LONDON: Oil prices lost more than 1% on Monday as the Middle East conflict’s limited impact on crude output prompted... Updated 15 Jan, 2024 08:39pm
Markets Citi lowers Brent price outlook for 2024 and 2025 on oversupply fears Citi Research on Friday lowered its Brent price forecasts for this year and 2025, citing oversupply concerns but... Published 12 Jan, 2024 12:30pm
Markets Oil rises 3% as some tankers avoid Red Sea after strikes US and UK strikes add to market concerns about the Israeli aggression in Gaza widening into a broader conflict in the Middle East affecting oil supplies from the region Updated 12 Jan, 2024 08:10pm
Markets Oil prices firm as Middle East tensions heat up LONDON: Oil prices rose on Thursday after Iran seized an oil tanker off the coast of Oman, raising the prospect of... Updated 11 Jan, 2024 08:56pm
Markets Oil rises as Middle East tensions offset economy concerns LONDON: Oil rose around 1% on Wednesday in a second day of gains as Middle East supply concerns arising from the... Updated 10 Jan, 2024 09:23pm
Markets Oil prices firm on Middle East crisis and Libya outage LONDON: Oil prices rose on Tuesday as the Middle East crisis and a Libyan supply outage reduced the previous day’s... Updated 09 Jan, 2024 09:29pm
Markets Oil falls over 3% as Saudi price cuts add to demand concerns NEW YORK: Oil prices fell by more than 3% on Monday on sharp price cuts by top exporter Saudi Arabia and a rise in... Updated 08 Jan, 2024 09:42pm
Markets Oil prices rise on Middle East tensions LONDON: Oil prices rose on Friday as U.S. Secretary of State Antony Blinken prepared to visit the Middle East in an... Updated 05 Jan, 2024 07:05pm
Markets Morgan Stanley sees lower oil prices in 2024 on oversupply concerns Morgan Stanley sees Brent crude prices anchored near $80 per barrel in the first half in 2024 before declining... Published 04 Jan, 2024 02:25pm
Markets Oil prices gain on supply concerns NEW YORK: Oil prices climbed about 3% on Wednesday after a disruption at Libya’s top oilfield added to fears that... Published 04 Jan, 2024 05:41am
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 10% lower as demand concerns snap winning streak LONDON: Oil prices are set to end 2023 about 10% lower after two years of gains as geopolitical concerns, production... Updated 29 Dec, 2023 05:03pm
Markets Oil prices slide as Red Sea transport disruptions ease LONDON: Oil prices fell around 1% on Thursday as concerns eased about shipping disruptions along the Red Sea route,... Updated 28 Dec, 2023 05:14pm
Markets Oil prices down as investors watch Red Sea developments NEW YORK: Oil prices slipped on Wednesday, eating into the previous day’s gains as investors monitored ... Updated 28 Dec, 2023 07:00am
Markets Oil falls over demand concerns after US inventory build TOKYO: Oil prices fell on Thursday as concerns over low demand following a surprise US crude inventory build... Updated 21 Dec, 2023 01:04pm
Markets Oil perks up as Red Sea tensions spark investor jitters LONDON: Global oil benchmark Brent topped $80 a barrel on Wednesday amid jitters over global trade disruption and... Updated 20 Dec, 2023 05:11pm
Markets Oil rises as US launches Red Sea task force, tankers reroute BENGALURU: Oil prices rose more than a dollar a barrel on Tuesday, extending the previous session’s gains after... Updated 20 Dec, 2023 06:29am
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 climbs as Red Sea tanker attacks prompt re-routings HOUSTON: Oil rose 3% on Monday as mounting attacks by the Iran-aligned Yemeni Houthi militant group on ships in the... Published 19 Dec, 2023 05:20am
Markets Goldman cuts 2024 Brent price forecast on strong US supply Goldman Sachs trimmed its price expectation for Brent crude in 2024 by $10 per barrel to between $70 and $90, saying... Published 18 Dec, 2023 11:58am
Markets Oil prices on track for first weekly rise in two months LONDON: Oil prices rose on Friday, on track to notch their first weekly rise in two months after benefiting from a... Updated 15 Dec, 2023 03:36pm
Markets Oil rises on weaker dollar, IEA demand upgrade LONDON: Oil prices rose on Thursday, extending the previous session’s gains, boosted by a weaker dollar and as the... Updated 14 Dec, 2023 05:25pm
Markets Oil prices stable around six-month lows LONDON: Oil prices were little changed on Wednesday, after falling by more than 3% to six-month lows in the previous... Updated 13 Dec, 2023 06:07pm
Markets Oil falls more than 3pc, extends losses after US data NEW YORK: Oil prices fell more than 3% on Tuesday, hitting their lowest level in six months amid growing concerns of... Published 13 Dec, 2023 05:33am
Markets Oil prices hold as investors still wary LONDON: Oil prices held steady on Monday as worries persisted around crude oversupply despite OPEC+ cuts and softer... Published 12 Dec, 2023 05:28am
Markets Oil prices edge down with investors still wary LONDON: Oil prices dipped on Monday as worries persisted around crude oversupply despite OPEC+ cuts and softer fuel... Updated 11 Dec, 2023 06:28pm
Markets Oil drops to 6-month low on weak outlook NEW YORK: Oil prices fell on Thursday to six-month lows, as investors worried about sluggish energy demand in the US... Published 08 Dec, 2023 05:20am
Markets Oil drops on demand worries after US gasoline inventories swell Brent crude futures fall $2.81 or 3.5% to $74.39 a barrel US WTI crude futures drop by $2.74 or 3.8% to $69.58 a barrel Updated 06 Dec, 2023 10:57pm