Yen hits 34-year low ahead of key US inflation test SINGAPORE: The dollar climbed on Wednesday in the wake of more strong US economic data, nudging the Japanese yen to... Published 27 Mar, 2024 09:57am
Markets Oil falls for second day as US crude inventories surge LONDON: Oil prices fell for a second day on Wednesday on surging U.S. stockpiles and signs the OPEC+ producer group... Updated 27 Mar, 2024 06:33pm
BR Research Smuggling back in surge Petrol smuggling is back. Earlier this week, the Chairman Oil Companies Advisory Council (OCAC) wrote a hard-hitting... Published 27 Mar, 2024 07:04am
Markets Indian Oil awaits sanctions relief extension to resume Venezuelan oil buy NEW DELHI: India’s top refiner Indian Oil Corp will consider resumption of Venezuelan oil purchases if the US... Published 27 Mar, 2024 04:38am
Business & Finance Oil settles higher HOUSTON: Oil prices settled higher on Monday as orders from the Russian government to curb oil output, and attacks... Published 26 Mar, 2024 04:20am
Markets Intervention threat curbs dollar’s ascent towards new high on the yen SINGAPORE: The dollar was on the front foot on Monday and kept the yen pinned near a multi-decade low, though the... Published 25 Mar, 2024 09:52am
Markets Oil up on supply concerns as Russia orders output cuts HOUSTON: Oil prices rose on Monday as the Russian government ordered producers to curb output as hostilities between... Updated 25 Mar, 2024 09:55pm
Markets Oil steady as Gaza ceasefire talks gain traction LONDON: Oil prices were little changed on Friday, with global benchmark Brent hovering above $85 per barrel, as the... Updated 22 Mar, 2024 04:31pm
Pakistan ‘Price hike can ultimately lead to political crisis’ KARACHI: Chairman of National Business Group Pakistan, Mian Zahid Hussain said that increasing prices of ... Published 22 Mar, 2024 04:57am
Markets Oil prices climb as attacks on Russian energy facilities intensify LONDON: Oil benchmark Brent hovered just under the $86 a barrel mark on Monday, extending last week’s gains, as... Updated 18 Mar, 2024 05:29pm
Markets Oil prices drift lower HOUSTON: Oil prices dipped on Friday, a day after topping $85 a barrel for the first time since November, but prices... Published 17 Mar, 2024 02:49am
Markets Oil prices dip, but set to end week over 3% higher Oil prices edged lower on Friday but were on track to gain over 3% for the week, boosted by the International Energy... Updated 15 Mar, 2024 08:32pm
Business & Finance IEA raises oil demand outlook again but still lags OPEC LONDON: The International Energy Agency on Thursday raised its view on 2024 oil demand growth for a fourth time ... Published 15 Mar, 2024 04:14am
Markets Indian bond traders cautious as 10-year US yield touches 4.20% MUMBAI: Indian government bond yields trading sideways, with a cautious bias, in early trades on Thursday, as US... Published 14 Mar, 2024 10:21am
Markets Oil prices rise as revised IEA forecasts suggest tighter market LONDON: Oil prices rose on Thursday as investors digested the International Energy Agency’s (IEA) latest oil market... Updated 14 Mar, 2024 09:19pm
Markets Oil prices up 2pc to 4-month high NEW YORK: Oil prices rose about 2% to a four-month high on Wednesday on a surprise withdrawal in US crude... Published 14 Mar, 2024 03:00am
Markets Oil prices rise slightly as OPEC retains demand forecasts NEW YORK: Oil prices rose slightly on Tuesday as the market weighed bearish U.S. economic data against OPEC’s demand... Updated 12 Mar, 2024 09:56pm
Markets Oil prices mixed as ME supply concerns ease NEW YORK: Oil prices were little changed on Monday as concern eased that fighting in the Middle East would disrupt... Published 12 Mar, 2024 04:28am
Markets Oil prices climb on small build in US crude stocks NEW YORK: Oil prices climbed about 2% on Wednesday on a smaller-than-expected build in US crude inventories, a big... Published 07 Mar, 2024 04:59am
Markets Oil inches lower amid profit taking on OPEC+ cut extension LONDON: Oil prices drifted lower on Monday as traders indulged in some profit taking a day after the widely expected... Updated 04 Mar, 2024 05:46pm
Markets Oil climbs ahead of OPEC+ decision NEW YORK: Oil prices rose 2% on Friday and posted weekly gains as traders awaited an OPEC+ decision on supply... Published 03 Mar, 2024 02:55am
Markets Oil rises 1% as markets await OPEC+ decision LONDON: Oil prices rose on Friday and were set for weekly gains as markets awaited an OPEC+ decision on supply... Updated 01 Mar, 2024 05:53pm
Markets Oil rises as US data keeps June rate cut prospect NEW YORK: Oil prices edged higher on Thursday as US inflation data reinforced expectations for a June cut to ... Published 01 Mar, 2024 02:59am
Markets Oil prices steady as US data keeps June rate cuts on the table LONDON: Oil prices were little changed Thursday as January U.S. inflation data reinforced expectations for a June... Updated 29 Feb, 2024 07:32pm
Markets Oil falls 1% on Fed rate cut caution and stocks build LONDON: Oil prices pulled back on Wednesday as the prospect of delays to U.S. interest rate cuts and a jump in U.S.... Updated 28 Feb, 2024 06:05pm
Markets Oil prices higher HOUSTON: Oil prices edged higher on Tuesday as the market focused on uncertainty over a potential Gaza ceasefire and... Published 28 Feb, 2024 06:10am
Markets Oil prices steady as investors weigh up Gaza ceasefire signals LONDON: Oil prices were largely stable on Tuesday, as investors weighed up signals of a Gaza ceasefire against the... Updated 27 Feb, 2024 04:30pm
Markets Oil gains on possible shipping disruptions HOUSTON: Oil prices rose in early US trading on Monday on expectations of tighter supply and the risk of disruptions... Published 27 Feb, 2024 03:06am
Markets Oil dips amid cautious interest rate outlook, Mideast tension LONDON: Oil prices slipped a little on Monday amid speculation that stronger than expected inflation could delay... Updated 26 Feb, 2024 10:08pm
Markets Global lubricant giant Gulf Oil enters Pakistan In a key development for the country’s oil sector, global lubricants giant Gulf Oil announced that it has entered... Published 24 Feb, 2024 09:34pm
