oil prices

LONDON: Oil prices fell on Monday as supplies from Saudi Arabia and Russia rose while economic growth stumbled in Asia amid an escalating trade dispute with the United States. Benchmark Brent crude oil fell $1.24 a barrel to a low of…

SYDNEY: American Airlines warned airline passengers may eventually face higher ticket prices if oil prices remain high, prompting carriers to remove seats from the market. Oil prices have risen around 50 percent compared to the levels…

LONDON: Oil prices rose more than 3 percent on Wednesday, hitting 3-1/2-year highs after U.S. President Trump abandoned a nuclear deal with Iran and announced the “highest level” of sanctions against the OPEC member. Ignoring pleas by…

The Saudi stock market surged to a 32-month high as analysts said higher oil prices and easing anxieties after US-led strikes on Syria helped fuel confidence.

DUBAI: The International Monetary Fund on Monday raised its growth projection for the deficit-hit Saudi economy on the back of higher oil prices but retained its estimates for the region. In its World Economic Outlook update, the IMF…

KARACHI: In backdrop of the falling value of Pakistani rupee against the US dollar in local market, prices of petroleum products are feared to increase in the coming days. The economists while talking on the repercussions of Pakistani…

RIYADH: Saudi Arabia on Thursday announced it had undertaken another multi-billion dollar bond sale to finance a persistent budget deficit left by low oil prices. The world's top crude oil exporter raised $12.5 billion (10.6 billion…

SEOUL: Oil prices held steady in early Asian trade on Friday as the market waited to see whether major oil producers would extend supply cuts beyond March at a meeting in Vienna later in the day. International benchmark Brent crude…

SINGAPORE/LONDON: Oil prices rose more than 1 percent on Wednesday as strong global refining margins and the reopening of US Gulf Coast refineries provided a more bullish outlook after sharp drops due to Hurricane Harvey. But traders…

RIYADH: Saudi Arabia's budget deficit halved in the first six months of this year, the finance ministry said on Sunday, following sweeping spending cuts and a stabilisation in oil prices. The ultra-conservative kingdom has moved to…