Asia’s naphtha refining profit margin falls NEW DELHI: Asia’s naphtha refining profit margin declined by about 98% this week amid poor demand fundamentals and... Published 18 Jun, 2023 06:07am
Markets Oil flat as markets debate US crude stocks build HOUSTON: Oil prices were little changed on Wednesday, giving up early gains, as markets weighed an unexpected, large... Published 15 Jun, 2023 06:03am
Markets Oil prices stable as gains capped by demand fears LONDON: Oil prices were broadly stable on Friday and were set for a second week of declines as concern over oil... Updated 09 Jun, 2023 08:04pm
Markets Oil falls on potential Iran deal, weak demand prospects NEW YORK: Oil prices fell $3 a barrel on Thursday as demand weakness and a report the US and Iran may be approaching... Published 09 Jun, 2023 06:20am
Markets Oil rises 1pc on Saudi plan to deepen output cuts from July NEW YORK: Oil prices rose by more than one percent a barrel on Monday after top crude exporter Saudi Arabia pledged... Published 06 Jun, 2023 05:33am
Markets Asia Naphtha, Gasoline margin plunges to November lows, crude rises NEW DELHI: Asia’s naphtha refining profit margin tanked to the lowest since Nov. 11 on Monday after crude oil... Published 06 Jun, 2023 05:33am
Markets Oil jumps 3% on US debt ceiling progress, OPEC+ in focus BENGALURU: Oil prices rose more than $2 a barrel on Thursday on hopes for a pause in U.S. interest rate hikes and... Published 01 Jun, 2023 11:26pm
Markets Asia naphtha prices fall NEW DELHI: Asia’s naphtha prices fell on Tuesday after rising briefly in the last session, and the Singapore... Published 31 May, 2023 03:56am
Markets Oil slides 4% on worries about US debt ceiling, OPEC+ talks NEW YORK: Oil prices fell by about 4% on Tuesday on concerns about whether the U.S. Congress will pass the U.S. debt... Updated 30 May, 2023 09:48pm
Markets Oil dips as rate hike bets offset US debt deal HOUSTON: Oil prices slipped on Monday, as worries over further interest rate hikes that could curb energy demand... Updated 29 May, 2023 09:57pm
Markets Oil down $3 as Russia downplays additional OPEC+ cuts NEW YORK: Oil prices fell more than $3 at one point on Thursday, after Russian Deputy Prime Minister Alexander Novak... Published 26 May, 2023 06:48am
Markets Oil prices gain 1pc on falling US stockpiles NEW YORK: Oil prices rose over 1% on Wednesday, after a large unexpected drawdown in US crude inventories and a... Published 25 May, 2023 06:27am
Markets Oil prices rise after Saudi warns short-sellers BENGALURU: Oil prices rose on Tuesday on a tighter gasoline market outlook and a warning from the Saudi energy... Published 24 May, 2023 05:57am
Markets Oil rebounds on fading risk of US debt default LONDON: Oil prices rebounded on Friday from losses of more than 1% the previous day as investors turned cautiously... Updated 19 May, 2023 03:36pm
Markets Saudi Arabia crude exports edge higher in March Saudi Arabia’s crude oil exports rose marginally in March from the previous month, data from the Joint Organisations... Published 18 May, 2023 08:04pm
Markets Oil dips on weaker China, US economic data NEW YORK: Oil futures dipped on Tuesday as weaker-than-expected economic data in China and the United States offset ... Published 17 May, 2023 06:22am
Markets Asia gasoline crack rises, naphtha at over 4-month low NEW DELHI: Asia’s gasoline market extended gains on Monday amid expectations of firm summer season demand. The... Published 16 May, 2023 03:23am
Markets Oil prices slip 1%, US jobless data and debt-ceiling talks weigh NEW YORK: Oil prices slid about 1% on Thursday as a political standoff over the US debt ceiling stoked recession... Updated 11 May, 2023 09:01pm
Markets Oil eases on lackluster Chinese import data, U.S. economy woes HOUSTON: Oil prices fell on Tuesday, retreating from strong gains of the previous two sessions due to lackluster... Updated 09 May, 2023 09:22pm
Markets Oil lower ahead of expected Fed rate hikes NEW YORK: Oil prices fell 4% on Wednesday, extending steep losses from the previous session, as investors fretted... Published 04 May, 2023 04:26am
Markets Asia’s gasoline markets end month with loss NEW DELHI: Asia’s gasoline markets weakened by nearly 41% in April amid concerns over high supplies from China... Published 30 Apr, 2023 05:10am
Markets Oil heads for another monthly decline as weak US data weighs LONDON: Oil prices were heading for another monthly decline on Friday after disappointing US economic data and... Updated 28 Apr, 2023 03:10pm
Markets Oil prices stabilise after hefty losses NEW YORK: Oil prices steadied on Thursday after the previous day’s price drop on worries about a possible ... Published 28 Apr, 2023 06:08am
Markets Oil slides as recession fears outweigh large US inventory drop NEW YORK: Oil prices extended the previous session’s sharp losses on Wednesday, even after a report showed US ... Published 27 Apr, 2023 06:24am
Markets Oil slides as recession fears outweigh large US inventory draw NEW YORK: Oil prices slipped on Wednesday, extending sharp losses from the previous session, even after a report... Updated 26 Apr, 2023 08:32pm
Markets Oil slides as interest rate expectations eclipse Chinese data LONDON: Oil prices dropped sharply on Wednesday as potential U.S. interest rate hikes that could slow growth and... Updated 19 Apr, 2023 08:29pm
Markets Oil prices steady as China data offset US rate worries HOUSTON: Oil prices held steady on Tuesday as upbeat economic data in No. 2 oil consumer China offset wider concerns... Published 19 Apr, 2023 06:36am
Markets Oil slips on economy worries, despite upbeat China data LONDON: Oil fell for a second day on Tuesday as upbeat Chinese economic data failed to deflect the focus from a... Updated 18 Apr, 2023 05:24pm
Markets Oil drops 2pc on higher dollar, rate concerns NEW YORK: Oil prices turned lower on Monday as the US dollar strengthened and as investors mulled over a possible ... Published 18 Apr, 2023 06:21am
Markets Indian rupee declines as dollar jumps on Fed policy reassessment MUMBAI: The Indian rupee weakened against the greenback on Monday as oil prices rose and a resurgent dollar index... Published 17 Apr, 2023 11:05am
