Business
Published 04 Jan, 2022 10:11pm
A similar hike had been approved at their December meeting despite the emergence of Omicron
Business
Updated 03 Jan, 2022 03:12pm
OPEC+ expects the impact on the oil market from the Omicron coronavirus variant to be ...
World
Published 31 Dec, 2021 06:56pm
NEW YORK, Dec 30 (Reuters) - Oil prices rose slightly on Thursday on expectations that fuel demand held up despite...
World
Published 29 Dec, 2021 02:32pm
Oil prices settled higher on Tuesday, with Brent crude ending the session near $80 a barrel despite the rapid spread...
Business
Published 28 Dec, 2021 09:49pm
The three oil producers declare force majeures this month on part of their oil production
Business
Published 05 Dec, 2021 06:52pm
The company set the Arab Light OSP to Northwestern Europe at minus $1.30 per barrel versus...
Business
Published 03 Dec, 2021 05:57pm
LONDON: Oil prices climbed on Friday after the producer group OPEC+ said it could review its production hike policy...
Business
Published 30 Nov, 2021 07:14pm
The OPEC+ alliance has resisted US-led pressure to step up production to bring down surging...
Pakistan
Published 27 Nov, 2021 02:15pm
Federal Minister for Information and Broadcasting Fawad Chaudhry said that the drop in oil prices would bode well ...
Business
Published 24 Nov, 2021 05:57pm
Fuel to be available at govt-owned petrol stations as energy minister tries to stave off potential shutdown
Business
Published 22 Nov, 2021 03:57pm
By Bozorgmehr Sharafedin
LONDON:Oil prices rose on Monday but remained under pressure from rising COVID-19 cases in...
Business
Published 18 Nov, 2021 08:49pm
The bid by the US to cool markets, asking China to join a coordinated action for the first time, comes as...
World
Published 03 Nov, 2021 09:41pm
ran's elite Revolutionary Guards said they had thwarted an attempt by the US Navy to seize a tanker in the Sea of Oman.
Business
Published 25 Oct, 2021 08:53pm
The global energy supply crunch continues to show its teeth, as oil prices extend their upward march this week.
Business
Published 18 Oct, 2021 12:03pm
By Jessica Jaganathan
SINGAPORE: Oil prices hit their highest level in years on Monday as demand recovers from the...
Business
Published 16 Oct, 2021 01:58pm
By Laura Sanicola
Oil prices settled at a three-year high above $85 a barrel on Friday, boosted by forecasts of a...
Must Read
Published 16 Oct, 2021 11:11am
It's no surprise that Pakistani social media users have taken to Twitter to decry the "petrol bomb" dropped on...
Business
Updated 16 Oct, 2021 12:03pm
The oil market continues to face uncertainties stemming from the COVID-19 pandemic, OPEC Secretary General Mohammad...
Business
Updated 13 Oct, 2021 02:40pm
By Stephanie Kelly
NEW YORK:- Oil steadied after a volatile session on Tuesday, pausing a rally that has brought...
Business
Published 12 Oct, 2021 11:50am
By Aaron Sheldrick
Oil prices reversed early losses to extend gains on Tuesday into a fourth day amid a rebound in...
Business
Published 11 Oct, 2021 10:51pm
The recent decision by OPEC and other major producers not to ramp up output has further strained global supplies.
Business
Published 05 Oct, 2021 05:31pm
OPEC and other major producers opted against increasing output by more than previously...
Business
Published 28 Sep, 2021 10:49pm
Brent crude oil briefly jumped above $80 per barrel for the first time in almost three years on expectations for...
Business
Updated 25 Sep, 2021 01:17pm
LONDON:Record gas and electricity prices in Europe, record coal prices in China, multiyear-high gas prices in the...
Business
Published 15 Sep, 2021 11:38am
By Jessica Jaganathan
SINGAPORE: Oil prices climbed on Wednesday after industry data showed a larger than expected...