Oil rises as OPEC+ focus on supply cuts outweighs recession concerns LONDON: Oil rose on Tuesday after top exporter Saudi Arabia said OPEC+ was sticking with output cuts and could take... Updated 22 Nov, 2022 06:53pm
Markets Oil prices hit 10-month low on OPEC+ production boost report WSJ report suggests Saudi Arabia and other OPEC oil producers are discussing output increase Updated 21 Nov, 2022 09:21pm
Business & Finance Rouble holds between 60-61 vs dollar MOSCOW: The Russian rouble traded in a narrow range against the dollar on Friday, weighed down by oil prices... Published 21 Nov, 2022 05:59am
Markets Oil falls $1 on China COVID surge and firmer dollar LONDON: Oil prices fell on Monday, dragged down by a firmer U.S. dollar while surging coronavirus cases in China... Updated 14 Nov, 2022 05:04pm
Markets Oil higher as China eases Covid curbs LONDON: Oil prices settled higher on Friday but fell week-on-week after health authorities in China eased some of ... Published 13 Nov, 2022 03:03am
Markets Oil prices fall more than 2pc on US inventory build-up NEW YORK: Oil prices dropped by about $2 a barrel on Wednesday after industry data showed that US crude stockpiles... Published 10 Nov, 2022 05:50am
Markets Oil prices dip on China demand worries, US midterm elections LONDON: Oil prices dipped on Tuesday on growing worries about fuel demand as COVID-19 outbreaks worsened in top ... Published 09 Nov, 2022 03:41am
Markets Oil rises to over 2-month high on China potentially easing restrictions NEW YORK: Oil prices rose on Monday to an over two-month high on news that China, the world’s top crude importer,... Published 08 Nov, 2022 05:56am
Markets Oil slips 1% as Fed rate hike raises fuel demand concerns NEW YORK: Oil slid about 1% on Thursday as an increase in U.S. interest rates pushed up the dollar and heightened... Updated 03 Nov, 2022 09:43pm
Markets Oil prices rise before expected Fed rate hike NEW YORK: Oil prices rose on Wednesday before an expected rate hike by the Federal Reserve, supported by another... Published 03 Nov, 2022 05:50am
Markets Oil prices slip before expected Fed rate hike, US crude stockpiles seen falling LONDON: Oil prices slipped in and out of positive territory on Wednesday before an expected rate hike by the Federal... Updated 02 Nov, 2022 07:22pm
Markets Oil up nearly 2pc as weaker dollar offsets China concerns NEW YORK: Oil prices rose on Tuesday, recouping losses from the previous session, on optimism that China, the... Published 02 Nov, 2022 04:37am
Markets Oil falls on China Covid curbs and weak factory data LONDON: Oil prices fell on Monday after weaker than expected factory activity data out of China and on concerns that... Published 01 Nov, 2022 05:55am
Markets Oil falls as China widens COVID curbs; still set for weekly gain SINGAPORE: Oil prices fell on Friday after China, the world’s top crude oil importer, widened its COVID-19 curbs,... Updated 28 Oct, 2022 02:21pm
Markets Oil rises on strong crude demand, easing recession fears NEW YORK: Oil rose more than $1 a barrel on Thursday, extending the previous day’s rally of nearly 3%, as optimism... Published 28 Oct, 2022 05:58am
Markets Oil jumps 3pc on record high US crude exports NEW YORK: Oil prices surged about 3% on Wednesday, bolstered by record US crude exports and as the nation’s... Published 27 Oct, 2022 05:54am
Markets Oil rises on China possibly easing Covid curbs NEW YORK: Oil prices rose by more than 1% on Thursday on news China is considering easing Covid-19 quarantine... Published 21 Oct, 2022 05:57am
Markets Oil steady as recession woes counter positive Chinese signals HOUSTON: Oil prices held steady on Monday in choppy trading as fears that high inflation and energy costs could drag... Published 20 Oct, 2022 05:36am
Markets Oil prices fall more than 3% on U.S. supply, lower China demand Oil prices fell by more than 3% in volatile trade on Tuesday on fears of higher U.S. supply amid an economic... Updated 18 Oct, 2022 10:38pm
Markets Oil steady as positive Chinese signals counter recession fears HOUSTON: Oil prices held steady on Monday in choppy trading as China’s continuation of loose monetary policy ... Published 18 Oct, 2022 06:02am
Markets Oil prices rise on low diesel stocks ahead of winter HOUSTON: Oil prices traded about $1 higher on Thursday, reversing course as low levels of diesel inventory ahead of... Updated 13 Oct, 2022 09:07pm
Markets Oil down on strong dollar, worries about recession, hawkish Fed talk NEW YORK: Oil futures fell for a third day on Wednesday, as a stronger dollar and worries about weaker demand and... Published 13 Oct, 2022 05:59am
Markets Oil prices jump $3/bbl ahead of OPEC+ meeting to discuss supply cuts NEW YORK: Oil prices rose by about $3 a barrel on Tuesday on expectations of a large cut in crude output from the... Updated 04 Oct, 2022 09:14pm
Markets Oil jumps more than $3 as OPEC+ weighs biggest output cut since 2020 HOUSTON: Oil prices jumped more than $3 a barrel on Monday as OPEC+ considered reducing output by more than 1 ... Published 04 Oct, 2022 05:55am
Markets Oil prices rise on surprise drop in US crude, fuel stocks NEW YORK: Oil prices rose on Wednesday following unexpected drawdowns in US crude and fuel stocks, outweighing... Updated 28 Sep, 2022 08:44pm
Markets Oil up $2 a barrel from multi-month low on US Gulf supply cuts, softer dollar NEW YORK: Oil rose by $2 a barrel on Tuesday from a nine-month low a day earlier, supported by supply curbs in the ... Published 28 Sep, 2022 05:51am
Markets Oil plunges on strong dollar NEW YORK: Oil prices plunged about 5% to an eight-month low on Friday as the US dollar hit its strongest level in... Published 26 Sep, 2022 06:07am
Markets Oil plunges to eight-month low on strong dollar, recession fears NEW YORK: Oil prices plunged about 5% to an eight-month low on Friday as the U.S. dollar hit its strongest level in... Updated 23 Sep, 2022 07:58pm
Markets Oil rises on Russian supply concerns NEW YORK: Oil rose on Thursday in volatile trading focused on Russian oil supply concerns and as the Bank of England... Published 23 Sep, 2022 05:50am
Markets Oil gives up gains as soaring US dollar offsets Putin’s troop mobilization NEW YORK: Oil prices gave up early gains on Wednesday as a soaring dollar and global recession fears offset worries... Updated 21 Sep, 2022 08:03pm
