Oil slips after Iran plays down reported Israeli attack Oil slipped on Friday following an earlier price spike of more than $3 after Iran played down reported Israeli... Updated 19 Apr, 2024 08:40pm
Markets Oil holds near 3-week low NEW YORK: Oil prices held near a three-week low on Thursday as investors weighed robust US jobs data and sanctions ... Published 19 Apr, 2024 05:07am
Opinion Brent and Bibi Two bunch of people would have started this week with long faces. One, swing traders with long Brent positions... Published 18 Apr, 2024 03:24am
Markets Oil falls nearly 3% as demand worries outweigh Middle East supply risks Brent futures for June were down $2.44, or 2.7%, to $87.58 a barrel Updated 17 Apr, 2024 10:47pm
Print Oil price spike threatens IMF global outlook WASHINGTON: The recent oil price spike fueled by rising Middle East tensions has the potential to derail the IMF’s... Updated 17 Apr, 2024 09:00am
Print Iran says working to safeguard oil exports in region MOSCOW: Iran’s Deputy Oil Minister Morteza Shahmirzaei told a conference in Moscow via video link on Tuesday that... Updated 17 Apr, 2024 08:59am
Markets PMEX daily trading report KARACHI: On Friday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 50.965... Published 16 Apr, 2024 03:38am
Markets Oil sheds more than $1/barrel after Iran attack NEW YORK: Oil prices sank by about $1 a barrel on Monday after Iran’s weekend attack on Israel proved to be less... Updated 15 Apr, 2024 08:50pm
Markets Oil settles up on ME tensions NEW YORK: Oil rose around 1% on Friday on geopolitical tensions in the Middle East but posted a weekly loss on a... Published 14 Apr, 2024 03:23am
Markets Oil settles up on ME tensions NEW YORK: Oil rose around 1% on Friday on geopolitical tensions in the Middle East but posted a weekly loss on a... Published 13 Apr, 2024 03:49am
Markets Oil rebounds on Mideast tensions but set for weekly loss LONDON: Oil rose over 1% on Friday as heightened tensions in the Middle East raised the risk of supply disruptions... Updated 12 Apr, 2024 06:14pm
Markets Oil falls on US refinery outage, persistent inflation Oil prices fell by $1 on Thursday following a major U.S. refinery outage and as sticky inflation dampened hopes for... Updated 12 Apr, 2024 08:49am
Markets Oil prices fall on big build in US crude, fuel inventories EIA expects Brent crude prices to average $88.55 a barrel in 2024, up from a previous forecast of $87 Updated 11 Apr, 2024 10:42am
Markets Oil prices ease slightly, eyes on talks for Gaza ceasefire HOUSTON: Oil prices dipped for a second straight day on Tuesday, as talks for a ceasefire in Gaza continued, but... Updated 09 Apr, 2024 09:37pm
Markets Oil falls on ME ceasefire talks NEW YORK: Oil prices fell over a dollar a barrel on Monday and were set to end a multi-session rising streak after... Published 09 Apr, 2024 05:06am
Markets Oil steadies after dip on Middle East ceasefire talks LONDON: Global oil benchmark Brent steadied above $91 a barrel on Monday, reducing early losses prompted by Israel... Updated 08 Apr, 2024 08:32pm
Markets Oil prices climb more than $1 per barrel on supply risk Brent crude was up $1.00, or 1.1%, to $91.65 a barrel Updated 05 Apr, 2024 11:59pm
Markets Oil falls ahead of US jobs data NEW YORK: Oil prices fell on Thursday as caution over macroeconomic activity weighed against output cuts and... Published 05 Apr, 2024 04:50am
Business & Finance OPEC+ keeps output policy steady LONDON/MOSCOW/DUBAI: A meeting of senior OPEC+ ministers kept oil output policy unchanged and pressed some countries... Published 04 Apr, 2024 04:56am
Markets Brent oil futures rise towards $90 as supply risks intensify LONDON: Oil prices extended gains on Wednesday, as investors mulled supply risks stemming from Ukrainian attacks on... Updated 03 Apr, 2024 05:17pm
Markets Distillate futures see big outflow of speculative money LONDON: Portfolio investors have continued to realise profits on formerly bullish diesel positions and begun to turn... Published 03 Apr, 2024 05:29am
Markets Brent oil hits highest price this year on fresh supply threats Global oil benchmark Brent on Tuesday rose above $89 a barrel for the first time since October, albeit briefly, as... Updated 02 Apr, 2024 09:48pm
Markets Oil rises as investors bet on tighter supply, China’s economy LONDON: Oil prices added to recent gains on Monday amid expectations of tighter supply from OPEC+ cuts and attacks... Updated 01 Apr, 2024 03:00pm
Markets More than 20pc of global oil refining capacity at risk LONDON: More than a fifth of global oil refining capacity is at risk of closure, energy consultancy Wood Mackenzie... Published 31 Mar, 2024 02:53am
Markets South Sudan oil revenue dwindles JUBA: South Sudan’s revenue from crude oil sales has dwindled as war in neighbouring Sudan shut down a pipeline to... Published 31 Mar, 2024 02:53am
Markets Fragile South Sudan risks turmoil over oil disruption: experts JUBA: Oil-dependent South Sudan is at risk of economic and political turmoil over the shutdown of a key pipeline in... Published 30 Mar, 2024 06:47am
Editorials Oil smuggling EDITORIAL: It’s shocking that at least 4,000 MT of smuggled oil still finds its way into Pakistan every day,... Published 30 Mar, 2024 04:58am
Markets Oil, gas production decreased in the first quarter HOUSTON: Oil and gas production in Texas, Louisiana and New Mexico decreased in the first quarter of 2024, the... Published 29 Mar, 2024 04:45am
Markets Oil prices advance on tighter supply outlook LONDON: Oil prices firmed on Thursday, following two consecutive sessions of decline, as investors saw a tighter... Updated 28 Mar, 2024 05:41pm
Markets Oil steadies on US crude inventories data NEW YORK: Oil prices were broadly level on Wednesday, after official numbers were released for US crude stockpile ... Published 28 Mar, 2024 06:30am
