Oil jumps to highest settlement since July 2022 as more Mideast supply disrupted
HOUSTON: Oil prices jumped on Friday and settled at their highest in nearly four years, as Iraq declared force majeure ...
Read moreTag: Crude Oil
Iraq declares force majeure on foreign-operated oilfields over Hormuz disruption, sources say – Markets
BAGHDAD: Iraq has declared force majeure on all oilfields developed by foreign oil companies after military operations in the region ...
Read more
Pakistan-bound oil tanker passes through Hormuz Strait amid Iran war
KARACHI: Ship-tracking data shows a Pakistan-bound oil tanker passing through the Strait of Hormuz over the weekend, indicating that some ...
Read more
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 more
Oil extends gains as Middle East conflict threatens export facilities
SINGAPORE: Oil prices extended gains on Monday as the U.S.-Israeli war against Iran entered a third week, putting oil infrastructure ...
Read more
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
US eases Russia oil sanctions
ANDOYA, NORWAY/ MOSCOW: The United States issued a 30-day waiver for countries to buy sanctioned Russian oil and petroleum products ...
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 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 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