Gasoline crack falls NEW DELHI: Asia’s gasoline refining margin dropped to its lowest in nearly a month on Wednesday as US stocks... Published 13 Apr, 2023 06:37am
Markets Oil rises 2pc on lower-than-expected US inflation data HOUSTON: Oil prices rose 2 percent on Wednesday as cooling US inflation data spurred hopes that the Federal Reserve... Published 13 Apr, 2023 06:37am
Markets Oil leaps $4/bbl as OPEC+ surprises by cutting output target BENGALURU: Oil prices jumped by more than $4 a barrel on Monday, headed for its biggest daily rise in nearly a year... Updated 03 Apr, 2023 10:13pm
Markets Oil rises over 1pc on Iraqi supply risks NEW YORK: Oil prices rose more than 1 percent on Thursday, supported by lower US crude stockpiles and a halt to... Published 31 Mar, 2023 06:45am
Markets Oil dips amid choppy trading; markets debate supply tightness HOUSTON: Oil ticked down on Wednesday in choppy trading as investors looked to pocket profits from two straight days... Published 30 Mar, 2023 06:35am
Markets Oil edges higher as markets debate supply tightness HOUSTON: Oil edged slightly higher on Wednesday as worries of tight supply after an unexpected draw in U.S. oil... Updated 29 Mar, 2023 09:31pm
Markets Oil extends gains on Kurdish supply risks, banking relief LONDON: Crude prices firmed on Tuesday, extending sharp gains from the previous session amid supply disruption risks... Updated 28 Mar, 2023 04:47pm
Markets Oil settles down on worries over banks, US crude reserve NEW YORK: Oil prices settled lower on Friday as European banking shares fell and after US Energy Secretary Jennifer... Published 27 Mar, 2023 06:15am
Markets Oil prices rebound after hitting lowest since 2021 on banking fears NEW YORK: Oil prices bounced up on Monday in volatile trade after diving to their lowest levels in 15 months as the... Published 21 Mar, 2023 06:29am
Markets Oil prices settle down, post big weekly losses on banking fears NEW YORK: Oil prices settled lower Friday, reversing early gains of more than $1 a barrel as banking sector fears... Published 20 Mar, 2023 06:12am
Markets Oil extends losses as rate hike concerns spur sell-off HOUSTON: Oil prices traded lower on Wednesday, extending losses after US government data pointed to weak demand,... Published 09 Mar, 2023 06:23am
Markets Oil gains as Russian output cuts offset rising U.S. inventories LONDON: Oil prices extended gains for a second session on Friday as the prospect of lower exports from Russia offset... Updated 24 Feb, 2023 06:27pm
Markets Oil prices firm, but rise in US inventories looms LONDON: Oil prices firmed on Thursday after Brent crude posted its biggest one-day loss for seven weeks in the... Updated 23 Feb, 2023 06:02pm
Markets Oil falls on fuel demand worries ahead of U.S. Fed comments LONDON: Oil prices fell on Wednesday as concerns about fuel demand were stoked by expectations minutes of the U.S.... Updated 22 Feb, 2023 08:37pm
Markets Brent oil steadies as demand hopes and supply curbs support LONDON: Brent crude oil prices steadied after early declines on Tuesday, supported by better than expected business... Updated 21 Feb, 2023 06:03pm
Markets Saudi crude exports rise in December from a five-month low Saudi Arabia’s crude oil exports rose in December after falling to a five-month low the previous month, data from... Published 20 Feb, 2023 09:19pm
Markets Oil rises on China demand hopes and supply concerns LONDON: Oil prices rose on Monday, buoyed by optimism over Chinese demand, continued production curbs by major... Updated 20 Feb, 2023 09:11pm
Markets Oil settles down $2/bbl, ends week lower on Fed worries NEW YORK: Oil settled down $2 a barrel on Friday and ended the week markedly lower, as traders worried that future ... Published 20 Feb, 2023 06:26am
Markets Oil prices firm on China demand optimism LONDON: Oil prices rose 1% on Thursday on expectations that demand will strengthen as top oil importer China reopens... Updated 26 Jan, 2023 04:45pm
Business & Finance Gulf economies to slow this year on sluggish oil demand BENGALURU: Economies in the six-member Gulf Cooperation Council (GCC) will grow this year at half the rate of 2022... Published 24 Jan, 2023 12:19pm
Markets Oil prices hit 7-week high on stronger China outlook NEW YORK: Oil prices rose by around 1% on Monday to a seven-week high, extending last week’s gains on the back of ... Published 24 Jan, 2023 06:06am
Markets Oil gains 2pc on optimism over global economy NEW YORK: Oil prices rose 2 percent to a one-week high on Wednesday as hopes for an improved global economic outlook... Published 12 Jan, 2023 06:59am
Markets Most Gulf markets edge up as oil prices recover Most stock markets in the Gulf edged up on Tuesday as benchmark oil prices, the key catalyst for the region’s... Published 03 Jan, 2023 02:57pm
Markets Oil drops 2pc in light trading NEW YORK: Oil prices dipped on Wednesday as traders weighed concerns over a surge in COVID-19 cases in China, the... Published 29 Dec, 2022 05:59am
Business & Finance Bond yields little changed MUMBAI: Indian government bond yields ended little changed in a low-volume session on Monday as most market... Published 27 Dec, 2022 06:07am
Markets Oil rises $3/bbl after Russia signals output cut due to price cap NEW YORK: Oil prices settled about $3 per barrel higher on Friday for a second straight week of gains after Moscow... Published 26 Dec, 2022 05:48am
Markets Oil prices rise but China’s COVID surge limits gains LONDON: Oil prices rose on Tuesday, supported by a softer dollar and a U.S. plan to restock petroleum reserves, but... Updated 20 Dec, 2022 05:45pm
Markets Oil slumps by $2/bbl, dogged by recession fears NEW YORK: Oil fell by about $2 per barrel on Friday, swept up in a wider rout in global equities on fears of a... Published 19 Dec, 2022 06:00am
Markets Oil jumps on supply risks, ongoing Keystone outage NEW YORK: Oil prices gained more than $2 a barrel on Monday on supply jitters, as a key pipeline supplying the ... Published 13 Dec, 2022 05:58am
Markets Oil up more than $2 on tight supply LONDON: Oil prices rose by more than $2 on Wednesday on signs of tighter supply, a weaker dollar and optimism over a... Published 01 Dec, 2022 05:47am
