oil price

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

Oil rises amid outages, but OPEC policy and escalating trade rows weigh

LONDON: Oil prices rose on Tuesday, supported by Canadian production losses and uncertainty over Libyan… Read More

CJP orders review of prices, taxes on POL products

KARACHI: Chief Justice of Pakistan (CJP) Saqib Nisar on Friday rebuked authorities for tormenting public… Read More

Trump, Iran spar over oil prices ahead of OPEC meeting

WASHINGTON/LONDON: U.S. President Donald Trump and Iran exchanged sharp words over oil prices on Wednesday,… Read More

Saudi Aramco to expand as oil demand grows: president

RIYADH: State oil giant Saudi Aramco, which could soon become the world's largest listed company, will… Read More

Oil prices tumble three percent to just over $30

SINGAPORE CITY: Crude oil fell 3 percent on Tuesday, heading toward $30 per barrel and… Read More

Iran says Saudi will suffer more from oil price slide

TEHRAN: President Hassan Rouhani said Tuesday that Iran would withstand the economic pain of plummeting… Read More

Oil prices extend falls; Goldman Sachs slashes price forecasts

SINGAPORE: Global oil prices extended their slide on Monday as Goldman Sachs lowered its short-term… Read More