oil price

Oil steady as demand worries face tight supply outlook

Oil prices were steady on Wednesday after a surprise rise in US crude inventories stoked… Read More

Oil climbs almost 3% as recession fears begin to fade

Oil rose almost 3% on Monday as U.S. recession fears eased and some traders took… Read More

Oil prices stabilise after hefty losses

Oil prices steadied on Thursday after the previous day's price drop erased the supportive impact… Read More

Oil hits lowest since 2021

Oil prices fell on Monday to their lowest in 15 months on concern that risks… Read More

Oil heads for solid weekly gain on China demand hopes

Oil prices slipped in early trade on Friday but were on track for gains of… Read More

Oil lingers near 2-month high amid global supply concerns

Oil prices hovered around a two-month high on Friday, with Brent crude on track for… Read More

Oil prices ease as EU struggles to seal Russia import ban

Oil prices eased on Tuesday as Hungary resisted a European Union push for a ban… Read More

Oil slides to near 2-week lows as Shanghai lockdowns stoke demand worries

Oil prices slumped to near two-week lows on Monday, extending losses from last week, as… Read More

Oil prices rebound after sharp losses as supply concerns dominate

Oil prices rebounded on Wednesday from sharp losses in the previous session as concerns about… Read More

Oil rises, stocks struggle as Russia-Ukraine tensions mount

LONDON: Oil prices pushed higher while stocks struggled on Wednesday after Ukraine called up reservists… Read More

Oil hits multi-year high above $86, then pulls back

Oil hit a three-year high above $86 a barrel on Thursday driven by tight supply… Read More

Oil rises on falling crude stocks, demand hopes on stimulus and vaccine rollouts

Brent crude futures rose 16 cents, or 0.3%, to $57.62 a barrel, in a fourth… Read More

Oil set for 20% drop in 2020 as lockdowns weigh, market eyes more stimulus

Global crude oil markets have lost about a fifth of their value in 2020 as… Read More

Saudi Arabia may raise light crude prices for Asia

The official selling price (OSP) for Arab Light crude in October is expected to rise… Read More

Oil prices rebound on Saudi supply reassurances

Saudi Arabia indicated that the group of oil producers, together with Russia, would continue managing… Read More

Oil hits 2019 highs amid OPEC cuts, partial Saudi field outage

The international benchmark for oil prices is at a near 3-month high and set for… Read More

OGRA proposes reduction in petroleum price, summary awaits PM’s approval

ISLAMABAD: As the international price on petroleum products has lowered, the Oil and Gas Regulatory… Read More

US oil boom delivers surprise for traders — and it’s costly

LONDON/NEW YORK: The world’s biggest oil traders are counting hefty losses after a surprise doubling… Read More

India’s trade deficit widens to more than five-year high in June

India’s trade deficit widened to its highest in more than five years in June driven… Read More

Oil prices rise as looming Norway strike adds to disruptions

TOKYO: Oil prices rose on Tuesday on escalating concerns over potential supply shortages, with Brent… Read More