UAE crude output falls by more than half as Hormuz closure forces shut-ins
The United Arab Emirates’ daily oil output is down by more than half as the Iran conflict and the effective ...
Read moreTag: Brent crude oil
Oil poised for further gains as Middle East conflict threatens export facilities
SINGAPORE/NEW YORK: Oil prices could extend gains at Monday’s open as the U.S.-Israeli war against Iran entered a third week, ...
Read more
Crude futures turn positive on continued Hormuz closure
HOUSTON: Crude futures climbed higher on Friday as the Strait of Hormuz remained closed, but analysts were wary the weekend ...
Read more
Oil prices decline as Indian tanker sails out of Strait of Hormuz
LONDON: Oil prices dipped on Friday as an Indian tanker sailed out of the Strait of Hormuz and the U.S. ...
Read more
Oil unlikely to hit $200 a barrel, US energy chief says
WASHINGTON: U.S. Energy Secretary Chris Wright said on Thursday that oil prices are unlikely to reach $200 a barrel, with ...
Read more
How persistently high oil prices could impact India’s vulnerable economy
MUMBAI: India’s external balance and government finances could be hit if oil prices stay high for an extended period, economists ...
Read more
IEA proposes record release of strategic stocks in response to Iran war oil price surge
PARIS/LONDON: The International Energy Agency (IEA) on Wednesday recommended the release of 400 million barrels of oil, the largest such ...
Read more
Oil prices up 4% as supply fears mount despite record stocks release plan – Markets
NEW YORK: Oil prices gained nearly 4% on Wednesday as fresh attacks on ships in the Strait of Hormuz worsened ...
Read moreOil falls on report of IEA proposing biggest oil release ever – Markets
Oil prices fell further on Wednesday, as reports of the International Energy Agency proposing the largest release of oil reserves ...
Read more
Oil dives, settles down 11% after Trump predicts Middle East de-escalation
NEW YORK: Oil prices plunged by more than 11% on Tuesday, the steepest percentage drop of any session since 2022, ...
Read morePopular Post
FRSHAR Mail set to redefine secure communication, data privacy
How to avoid buyer’s remorse when raising venture capital
Microsoft to pay off cloud industry group to end EU antitrust complaint
Capacity utilisation of Pakistan’s cement industry drops to lowest on record
Inflation is down in Europe. But the European Central Bank is in no hurry to make more rate cuts
American Dollar Exchange Rate