Oil gains ahead of OPEC+ meeting as Black Sea shutdowns support LONDON: Oil prices rose on Wednesday as investors turned their attention to an OPEC+ meeting to decide on output... Updated 29 Nov, 2023 04:58pm
Markets OPEC+ talks tough, policy rollover possible LONDON: OPEC+ talks on 2024 oil policy are difficult, making a rollover of the previous agreement a possibility... Published 29 Nov, 2023 05:09am
Markets Asia stocks turn lower, gold jumps as oil slips SYDNEY: Asian shares slipped on Monday ahead of potentially market-moving inflation data from the United States and... Published 27 Nov, 2023 10:24am
Markets Brent falls below $80 ahead of OPEC+ meeting LONDON: Oil prices fell on Monday, with the Brent benchmark dropping below $80 a barrel as investors awaited this... Updated 27 Nov, 2023 06:11pm
Markets Gulf markets in the red on falling oil prices DUBAI: Stock markets in the Gulf ended lower on Sunday in response to Friday’s fall in oil prices, although the... Published 27 Nov, 2023 06:13am
Markets Oil settles lower ahead of OPEC+ decision LONDON: Oil fell on Friday as the release of some hostages in Gaza reduced the geopolitical risk premium, but prices... Published 26 Nov, 2023 03:31am
BR Research Oil: Will Opec hit back hard? Opec delaying its scheduled meeting by four days has taken the market by surprise – initiating a selloff that saw... Published 24 Nov, 2023 08:32am
Markets China oil demand growth likely to slow BEIJING: China’s oil demand growth is likely to ease in the first half of 2024 to around 4%, according to... Published 24 Nov, 2023 05:29am
Markets Oil prices slip on concerns HOUSTON: Oil prices dipped about 1% on Thursday, extending losses on expectations that after OPEC+ might not deepen... Published 24 Nov, 2023 05:29am
Markets Angola, Nigeria target higher oil output amid OPEC+ talks LONDON: African members of OPEC+ producer group Angola and Nigeria are aiming for higher oil output, officials told... Published 24 Nov, 2023 05:29am
Markets Oil slips 2% on growing angst over delayed OPEC+ meeting Oil prices dipped about 2% on Thursday, extending losses after the postponement of an OPEC+ meeting stoked... Updated 23 Nov, 2023 10:05pm
Markets Oil slumps over two percent NEW YORK: Oil prices tanked more than 2% on Wednesday as OPEC+ producers unexpectedly delayed a meeting on ... Published 23 Nov, 2023 03:19am
Print OPEC+ postpones policy meeting to 30th, oil drops DUBAI/LONDON: OPEC+ has delayed a ministerial meeting expected to discuss oil output cuts to Nov. 30 from Nov. 26 as... Updated 23 Nov, 2023 09:42am
Markets Oil tumbles nearly 4% as OPEC+ meeting delayed Both Brent and WTI oil benchmarks have fallen for four straight weeks Updated 22 Nov, 2023 10:41pm
Markets Oil rises on expectations of further OPEC+ supply cuts LONDON: Oil futures rose more than $1 on Monday, extending gains on the prospect of OPEC+ deepening supply cuts to... Updated 20 Nov, 2023 07:20pm
Markets OPEC+ to consider whether more oil cuts needed MOSCOW/LONDON: OPEC+ is set to consider whether to make additional oil supply cuts when the group meets later this... Published 20 Nov, 2023 06:28am
Markets Oil perks up after sharp week-long selloff on supply, demand concerns LONDON: Global oil benchmark Brent remained stuck below $80 a barrel on Friday, but recouped some losses a day after... Published 18 Nov, 2023 06:03am
Markets Oil perks up after sharp week-long selloff on supply, demand concerns LONDON: Oil prices edged higher on Friday, a day after sinking 5% to a four month-low on growing worries about... Updated 17 Nov, 2023 05:22pm
Markets Oil prices dive HOUSTON: Oil prices fell more than $3 a barrel on Thursday, extending losses from the previous session, as investors... Published 17 Nov, 2023 06:06am
Business & Finance Oil prices hit 4-month low on concerns about US, Chinese economy NEW YORK: Oil prices dropped more than 5% on Thursday to their lowest in four months, as investors worried about... Published 17 Nov, 2023 06:06am
Markets Oil prices dive on US crude build and China concerns Oil prices fell more than $3 a barrel on Thursday, extending losses from the previous session, as investors in New... Updated 16 Nov, 2023 09:58pm
Markets Oil tumbles on big US crude stocks build, record HOUSTON: Oil prices fell on Wednesday on a bigger-than-expected rise in US crude inventories and record production ... Published 16 Nov, 2023 05:39am
Markets Oil dips on prospect of peak US production, despite strong demand signals LONDON: Oil prices dipped on Wednesday amid signs the United States, the world’s biggest oil producer, is at peak... Updated 15 Nov, 2023 03:56pm
Business & Finance China fuels increase in global oil demand: IEA PARIS: World oil demand will rise slightly more than expected this year as China’s appetite for the fossil fuel ... Published 15 Nov, 2023 06:09am
Markets Oil climbs as IEA lifts demand growth forecast, US inflation cools LONDON: Oil prices firmed on Tuesday after the International Energy Agency (IEA) raised its demand growth forecasts,... Updated 14 Nov, 2023 08:39pm
Markets Oil gains as OPEC report dampens demand concerns BENGALURU: Oil prices rose by more than 1% on Monday after OPEC’s monthly market report eased market concerns ... Published 14 Nov, 2023 05:08am
Markets OPEC says oil market remains strong despite negative sentiment LONDON: OPEC on Monday said oil market fundamentals remained strong and blamed speculators for a drop in prices as ... Published 14 Nov, 2023 05:08am
Markets Oil steady on caution over demand outlook and Fed rates LONDON: Oil prices held steady on Monday, with market caution heightened by waning demand in the United States and... Updated 13 Nov, 2023 06:48pm
Markets Oil prices up as Iraq backs more output cuts from OPEC+ NEW YORK: Oil prices gained about 2% on Friday as Iraq voiced support for OPEC+’s oil cuts ahead of a meeting in... Published 12 Nov, 2023 03:14am
Editorials Oil exploration EDITORIAL: Federal Energy Minister Muhammad Ali’s revelation that up to 70 percent area in Pakistan is still... Published 12 Nov, 2023 03:14am