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Business & Economy Published 22 Jul, 2024 07:56pm

Oil prices fall as investors take stock of Biden exit, rate cuts in focus

Brent crude futures fell 68 cents, or 0.82%, to $81.95 a barrel by 1327 GMT

Business & Economy Published 11 Jul, 2024 09:04am

Oil prices tick up as crude, gasoline inventories ease

US crude inventories fell by 3.4 million barrels to 445.1 million barrels in the week ended July 5

Business & Economy Published 04 Jul, 2024 06:05pm

Oil prices slip from multi-month highs on demand concerns

Brent crude futures were down 46 cents, or 0.53%, at $86.88 a barrel by 1235 GMT

Business & Economy Published 18 Jun, 2024 08:19pm

Oil prices stable as demand uncertainty persists

Global oil demand growth slowed to 890,000 barrels per day year on year in the first quarter

Business & Economy Published 17 Jun, 2024 02:10pm

Oil prices slip on weaker US consumer demand, rise in China output

Global benchmark Brent crude futures for August delivery were down 40 cents, or 0.5%, at $82.22 per barrel

Business & Economy Published 16 May, 2024 09:46am

Oil prices rise on slower US inflation, strong demand

Crude inventories fell 2.5 million barrels to 457 million barrels in the week ended May 10, says EIA

Business & Economy Published 07 May, 2024 09:17am

Oil climbs after Israel strikes Gaza, truce talks continue

Brent crude futures were up 23 cents, or 0.28%, at $83.56 per barrel at 0400 GMT

Business & Economy Published 06 May, 2024 08:52am

Oil nudges higher after Saudi Arabia hikes prices

Brent crude futures climbed 28 cents, or 0.3%, to $83.24 a barrel at 0119 GMT

Business & Economy Updated 10 Mar, 2024 05:23pm

Aramco hikes dividend 30% to $98b despite drop in profit

Profit drops by nearly a quarter

Business & Economy Published 04 Mar, 2024 05:03pm

Oil steadies after OPEC+ extends output cuts as expected

Brent futures slipped 14 cents to $83.41 a barrel at 1035 GMT after rising 2.4% last week

Business & Economy Published 03 Mar, 2024 09:19pm

Some OPEC+ members agree to extend oil output cuts, say sources

Russia to cut oil production and exports by an additional 471,000bpd for second quarter of 2024

Business & Economy Updated 01 Mar, 2024 08:34am

Caretaker govt raises petrol price on its way out

Price of diesel remains unchanged

Business & Economy Published 22 Feb, 2024 09:01am

Oil edges higher, holding to gains made on signs of tighter supply

US West Texas Intermediate crude futures rose 17 cents to $78.08 a barrel for the prompt month

Business & Economy Published 15 Feb, 2024 10:46am

Oil slips after large US crude stock build

Fuel demand indicators are positive: JP Morgan

Business & Economy Published 12 Feb, 2024 09:54am

Oil starts week lower after Israel says ‘concluded’ Gaza strikes

Brent crude futures were down 43 cents, or 0.5%, at $81.76 a barrel

Business & Economy Published 07 Feb, 2024 08:52am

Oil edges up on smaller US output growth estimates

Brent crude futures rose 38 cents, or 0.5%, to $78.97 a barrel as of 0013 GMT

Business & Economy Published 06 Feb, 2024 01:15pm

Oil steadies after gains, Gaza ceasefire talks in focus

Markets monitoring Gaza ceasefire talks

Business & Economy Published 02 Feb, 2024 08:26am

Oil prices gain after OPEC+ maintains output cuts

Brent crude futures rose 50 cents, or 0.6%, to $79.20 a barrel

Business & Economy Published 26 Jan, 2024 04:25pm

Oil near 2024 high on US economic growth, Mideast concerns

China presses Iran to rein in Red Sea Houthi attacks

Business & Economy Published 25 Jan, 2024 11:55pm

Oil perks up nearly 2% on US crude stock draw, Red Sea tensions

Brent crude futures were up $1.29, or 1.6%, to $81.33 a barrel at 1521 GMT

Business & Economy Published 23 Jan, 2024 05:10pm

Oil eases slightly on mixed supply cues, geopolitical tensions

Brent crude futures lost 31 cents, or 0.39%, to $79.75 a barrel by 1019 GMT

Business & Economy Published 22 Jan, 2024 05:35pm

Oil creeps higher as geopolitics outweigh demand concerns

Brent crude rose 22 cents to $78.78 a barrel by 1141 GMT

Business & Economy Published 19 Jan, 2024 04:37pm

Oil prices tick up as markets weigh Middle East tensions, supply forecasts

North Dakota oil output remains 40% lower due to cold weather

Business & Economy Published 18 Jan, 2024 06:17pm

Oil prices rise on strong IEA and OPEC demand estimates

OPEC expects robust oil demand growth in 2025

Business & Economy Published 16 Jan, 2024 04:54pm

Oil prices increase as Middle East tensions rise

Brent crude futures gained 77 cents, or about 0.99%, to $78.92 a barrel at 1014 GMT

Business & Economy Published 15 Jan, 2024 05:12pm

Oil slips despite Middle East conflict

Conflict has also held up at least four liquefied natural gas tankers travelling in the area

Business & Economy Published 13 Jan, 2024 10:14am

Oil prices rise on Red Sea escalation

Crude prices spiked more than four percent before ebbing somewhat after

Business & Economy Published 12 Jan, 2024 04:47pm

Oil jumps as US, UK strike on Houthis sparks safe-haven push

Dollar edged up against basket of major currencies, as did gold, which benefitted from investor risk aversion

Business & Economy Published 11 Jan, 2024 09:56pm

Oil prices firm as Middle East tensions heat up

Iran seizes tanker off Omani coast

Business & Economy Published 09 Jan, 2024 05:42pm

Oil rises $1 as Middle East crisis, inflation fight in focus

Hapag-Lloyd to continue avoiding Red Sea/Suez Canal