Oil prices extend gains toward $95 on tight supply HOUSTON: Global oil benchmark Brent crude neared $95 a barrel on Monday, with investors focused on the prospect of a... Published 19 Sep, 2023 06:31am
Markets Oil gains for third straight week on tight supply BENGALURU: Oil prices hit a 10-month high on Friday and posted a third weekly gain as supply tightness spearheaded ... Published 18 Sep, 2023 06:32am
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 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 jump 2pc to near 10-month high NEW YORK: Oil prices jumped about 2 percent to a near 10-month high on Tuesday on a tighter supply outlook and OPEC... Published 13 Sep, 2023 06:17am
Markets Oil prices hit 10-month high BENGALURU: Oil prices surged 2% on Tuesday to their highest since November, after Saudi Arabia and Russia extended... Published 06 Sep, 2023 03:37am
Markets Oil prices pare gains on OPEC+ production rises HOUSTON: Oil prices retreated from highs hit earlier on Thursday as data showed rises in production in OPEC+... Published 01 Sep, 2023 05:41am
Markets Oil near flat as investors eye impact of Hurricane Idalia NEW YORK: Oil prices were near flat on Wednesday as investors digested Hurricane Idalia’s path and its effect on... Published 31 Aug, 2023 06:00am
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 Oil steady; possible rate hikes stoke demand worry HOUSTON: Oil prices were little changed on Monday, pressured by worries further US interest rate hikes could dent... Published 29 Aug, 2023 06:01am
Markets Oil steadies as China moves to support economy, tropical storm in focus LONDON: Oil was little changed on Monday after China took steps to bolster its flagging economy, though investors... Updated 28 Aug, 2023 05:24pm
Markets Oil up 1pc to one-week high on soaring US diesel prices NEW YORK: Oil futures climbed about 1 percent to a one-week high on Friday as US diesel prices soared, the number of... Published 28 Aug, 2023 06:27am
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 gains 1% as investors await Fed’s Powell speech LONDON: Oil prices jumped more than 1% on Friday as the dollar firmed ahead of an eagerly awaited speech by the head... Updated 25 Aug, 2023 06:52pm
Markets Oil prices down marginally on weak economic data BENGALURU: Oil prices slipped on Thursday, still under pressure from the previous day’s weak data from major... Published 25 Aug, 2023 06:34am
Markets Goldman says oil stock draws cut bearish risk to Brent price Goldman Sachs sees less of a downside risk to oil prices from higher-than-expected inventories, noting that lower... Published 23 Aug, 2023 12:31pm
Markets Oil slides on grim manufacturing data LONDON: Oil prices slid more than 1% on Wednesday as gloomy global manufacturing data grabbed attention ahead of an... Updated 23 Aug, 2023 05:37pm
Markets Oil steadies as China woes persist LONDON: Oil prices were little changed on Tuesday as investors remained focused on the likelihood of China’s... Updated 22 Aug, 2023 06:44pm
Markets Oil up 1% on tighter supplies and heating oil prices LONDON: Oil prices rose more than 1% on Monday as tighter supply reflected in fewer exports from Saudi Arabia and... Updated 21 Aug, 2023 06:35pm
Markets Russia remains China’s top crude supplier in July despite narrower discounts BEIJING: Russia remained China’s largest crude supplier in July, Chinese government data showed on Sunday, even as... Published 20 Aug, 2023 11:09am
Markets Iran raises September crude prices to Asia SINGAPORE: Iran has set the official selling price (OSP) of its Iranian Light crude oil grade for Asian buyers at... Published 18 Aug, 2023 10:17am
Markets Oil’s 7-week winning streak at risk from China economy jitters LONDON: Oil prices looked set to close lower this week following seven weeks of gains, as China’s economic woes... Updated 18 Aug, 2023 07:27pm
Markets Oil rises as dollar eases HOUSTON: Oil prices rose more than 1% on Thursday, after falling for three straight sessions, as the dollar pulled... Published 18 Aug, 2023 05:42am
Markets Oil steadies as China fears counter tight US supply NEW YORK: Oil prices were little changed on Wednesday despite a large drawdown in US crude oil stocks as investors... Published 17 Aug, 2023 03:49am
Markets Oil steadies as China fears counter tight US supply Oil prices were little changed on Wednesday despite a large drawdown in U.S. crude oil stocks as investors weighed... Updated 16 Aug, 2023 09:23pm
Markets Oil drops over 1pc 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... Published 16 Aug, 2023 05:50am
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 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 ... Published 09 Aug, 2023 05:33am
Markets Oil rises 2pc as KSA and Russia keep supplies tight NEW YORK: Oil prices gained about 2 percent on Thursday as Saudi Arabia and Russia were taking steps to keep ... Published 04 Aug, 2023 06:20am