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Business & Economy Published 28 Sep, 2022 11:00am

Oil prices slip as dollar scales new peak

Dollar hits fresh two-decade peak against a basket of currencies on the back of rising Treasury yields

Business & Economy Published 21 Sep, 2022 12:26pm

Oil prices tick up on supply woes but Fed rate hike bets cap gains

Opec+ producer grouping falling a record 3.58m barrels per day short of its production targets

Videos Published 19 Sep, 2022 02:17pm

Oil falls more than 1% on demand fears, strong dollar

Strong dollar weighs as Fed rate decision looms

Business & Economy Published 08 Sep, 2022 12:02pm

Oil prices climb on tight supply worries

European Central Bank is expected to raise interest rates sharply

Business & Economy Published 05 Sep, 2022 11:34am

Oil prices climb more than $1/bbl ahead of OPEC meeting

Negotiations dragged on in attempts to revive the revival the West's 2015 nuclear deal with Iran

Business & Economy Published 01 Apr, 2022 03:03pm

Oil falls as IEA members meet to discuss stocks release

Brent crude futures were down 71 cents to $104.00 a barrel by 0952 GMT

Must Read Published 21 Mar, 2022 01:54pm

Oil jumps as EU mulls Russian ban, Saudi refinery output hit

Brent crude futures climbed $3.44, or 3.2%, to $111.37 a barrel by 0443 GMT

Business Published 28 Dec, 2021 09:49pm

Brent near $80 as market shrugs off Omicron

The three oil producers declare force majeures this month on part of their oil production

Business Published 03 Dec, 2021 05:57pm

Oil rises as OPEC+ poised to act if demand weakens

LONDON: Oil prices climbed on Friday after the producer group OPEC+ said it could review its production hike policy...

Pakistan Published 27 Nov, 2021 02:15pm

Decline in oil prices to bode well for Pakistan’s economy: Fawad

Federal Minister for Information and Broadcasting Fawad Chaudhry said that the drop in oil prices would bode well ...

Business Published 07 Sep, 2021 10:56am

Oil wobbles as demand woes stalk market after Saudi price cuts

By Yuka Obayashi Oil prices were wobbly on Tuesday as investors grappled with demand concerns after Saudi Arabia's...

Business Published 27 Jul, 2021 02:03pm

Oil steadies as tight supply outweighs virus spread

By Ahmad Ghaddar Oil prices steadied on Tuesday as investors bet tight supply and rising vaccination rates will ...