Business Published 03 Aug, 2021 05:49pm Oil prices rebounded but did not make much of a dent in Monday's sharp losses, as the...
World Published 30 Jul, 2021 08:01pm LONDON: Two crew members of a Japanese-owned oil tanker died in a suspected piracy incident off the coast of Oman,...
Business Published 27 Jul, 2021 02:03pm By Ahmad Ghaddar
Oil prices steadied on Tuesday as investors bet tight supply and rising vaccination rates will ...
Business Published 19 Jul, 2021 07:53pm OPEC crude producers and their allies on Sunday agreed to pump an extra 400,000 barrels per...
Business Published 18 Jul, 2021 01:51pm By Rania El Gamal, Olesya Astakhova and Dmitry Zhdannikov
OPEC+ ministers will meet on Sunday in another attempt to...
Business Published 15 Jul, 2021 05:53pm By Alex Lawler
OPEC stuck to its forecast for a strong recovery in world oil demand in the rest of 2021 and...
Published 15 Jul, 2021 05:26pm The Oil and Gas Regulatory Authority (OGRA) had recommended an increase of Rs11.40 per litre in...
Business Published 14 Jul, 2021 02:31pm By Ron Bousso
Oil prices declined on Wednesday after data showed a drop in China's half-year crude imports while...
Published 13 Jul, 2021 01:01pm The Russian rouble firmed on Tuesday, hitting its highest level in nearly a week against the dollar and heading...
Business Published 12 Jul, 2021 11:19am By Ron Bousso and Isla Binnie
Leading international energy companies are resisting the temptation to rush and spend...
Business Published 07 Jul, 2021 12:12pm By Ron Bousso
Royal Dutch Shell on Wednesday said it would boost its returns to shareholders via share buybacks or...
Business Published 06 Jul, 2021 12:09am Since May, the group has raised oil output bit by bit, after slashing it more than a...
Business Published 05 Jul, 2021 03:29pm By Aziz El Yaakoubi, Marwa Rashad and Davide Barbuscia
Saudi Arabia has amended its rules on imports from other ...
Business Published 04 Jul, 2021 05:07pm In a row that could put at risk the energy market's post-coronavirus recovery, the UAE's push to...
Business Published 01 Jul, 2021 10:16pm The 13 members of OPEC and 10 allies cut crude production after the pandemic sent oil prices c...
Business Updated 01 Jul, 2021 07:55pm The price of New York crude oil spiked above $75 for the first time since late...
Business Published 03 Jun, 2021 11:12am Oil prices rose for a third day on Thursday on expectations for a surge in fuel demand, particularly in the United...
Business Published 02 Jun, 2021 01:27pm SINGAPORE: US oil may retest a resistance at $68.99 per barrel, a break could lead to a gain to $69.96.
The ...
Business Published 01 Jun, 2021 10:47am Oil prices rose on Tuesday, with Brent topping $70, as optimism grew over the fuel demand outlook during the summer...
Business Published 24 May, 2021 11:39am SINGAPORE: Oil prices rose on Monday as a storm formed in the Gulf of Mexico and Iran said a three-month nuclear...
Business Published 21 May, 2021 12:17pm SINGAPORE: Oil prices nudged up on Friday, recovering from three days of losses as investors braced for the return ...
Business Published 06 May, 2021 02:40pm SINGAPORE: A bullish target of $67.98 per barrel has been temporarily aborted for US oil. It will only be resumed...
Business Published 05 May, 2021 12:10pm SINGAPORE: Top oil exporter Saudi Arabia is expected to cut its official selling prices (OSPs) for Asia in June,...
Business Published 30 Apr, 2021 11:39am NEW YORK: Oil prices rose to fresh six-week highs on Thursday as strong US economic data, a weak dollar and an...
Business Published 22 Apr, 2021 12:02pm Oil prices extended their losses into a third day on Thursday as a surprise build-up in U.S. crude inventories and a...
Business Published 20 Apr, 2021 09:21am SINGAPORE (Reuters) - Oil prices rose on Tuesday as a weaker U.S. dollar supported commodities and on expectations that crude inventories fell in the United States, the world’s biggest oil user, though rising coronavirus cases in Asia capped gains.
Business Published 19 Apr, 2021 01:02pm TOKYO: Oil prices were lower on Monday as rising coronavirus infections in India and other countries prompted...
Business Published 15 Apr, 2021 11:24am NEW YORK: Oil prices surged Wednesday and most European markets closed higher on increased optimism for a...
