Business & Economy Updated 10 Mar, 2024 05:23pm Aramco hikes dividend 30% to $98b despite drop in profit Profit drops by nearly a quarter
Business & Economy Published 04 Mar, 2024 05:03pm Oil steadies after OPEC+ extends output cuts as expected Brent futures slipped 14 cents to $83.41 a barrel at 1035 GMT after rising 2.4% last week
Business & Economy Published 03 Mar, 2024 09:19pm Some OPEC+ members agree to extend oil output cuts, say sources Russia to cut oil production and exports by an additional 471,000bpd for second quarter of 2024
Business & Economy Updated 01 Mar, 2024 08:34am Caretaker govt raises petrol price on its way out Price of diesel remains unchanged
Business & Economy Published 22 Feb, 2024 09:01am Oil edges higher, holding to gains made on signs of tighter supply US West Texas Intermediate crude futures rose 17 cents to $78.08 a barrel for the prompt month
Business & Economy Published 15 Feb, 2024 10:46am Oil slips after large US crude stock build Fuel demand indicators are positive: JP Morgan
Business & Economy Published 12 Feb, 2024 09:54am Oil starts week lower after Israel says ‘concluded’ Gaza strikes Brent crude futures were down 43 cents, or 0.5%, at $81.76 a barrel
Business & Economy Published 07 Feb, 2024 08:52am Oil edges up on smaller US output growth estimates Brent crude futures rose 38 cents, or 0.5%, to $78.97 a barrel as of 0013 GMT
Business & Economy Published 06 Feb, 2024 01:15pm Oil steadies after gains, Gaza ceasefire talks in focus Markets monitoring Gaza ceasefire talks
Business & Economy Published 02 Feb, 2024 08:26am Oil prices gain after OPEC+ maintains output cuts Brent crude futures rose 50 cents, or 0.6%, to $79.20 a barrel
Business & Economy Published 26 Jan, 2024 04:25pm Oil near 2024 high on US economic growth, Mideast concerns China presses Iran to rein in Red Sea Houthi attacks
Business & Economy Published 25 Jan, 2024 11:55pm Oil perks up nearly 2% on US crude stock draw, Red Sea tensions Brent crude futures were up $1.29, or 1.6%, to $81.33 a barrel at 1521 GMT
Business & Economy Published 23 Jan, 2024 05:10pm Oil eases slightly on mixed supply cues, geopolitical tensions Brent crude futures lost 31 cents, or 0.39%, to $79.75 a barrel by 1019 GMT
Business & Economy Published 22 Jan, 2024 05:35pm Oil creeps higher as geopolitics outweigh demand concerns Brent crude rose 22 cents to $78.78 a barrel by 1141 GMT
Business & Economy Published 19 Jan, 2024 04:37pm Oil prices tick up as markets weigh Middle East tensions, supply forecasts North Dakota oil output remains 40% lower due to cold weather
Business & Economy Published 18 Jan, 2024 06:17pm Oil prices rise on strong IEA and OPEC demand estimates OPEC expects robust oil demand growth in 2025
Business & Economy Published 16 Jan, 2024 04:54pm Oil prices increase as Middle East tensions rise Brent crude futures gained 77 cents, or about 0.99%, to $78.92 a barrel at 1014 GMT
Business & Economy Published 15 Jan, 2024 05:12pm Oil slips despite Middle East conflict Conflict has also held up at least four liquefied natural gas tankers travelling in the area
Business & Economy Published 13 Jan, 2024 10:14am Oil prices rise on Red Sea escalation Crude prices spiked more than four percent before ebbing somewhat after
Business & Economy Published 12 Jan, 2024 04:47pm Oil jumps as US, UK strike on Houthis sparks safe-haven push Dollar edged up against basket of major currencies, as did gold, which benefitted from investor risk aversion
Business & Economy Published 11 Jan, 2024 09:56pm Oil prices firm as Middle East tensions heat up Iran seizes tanker off Omani coast
Business & Economy Published 09 Jan, 2024 05:42pm Oil rises $1 as Middle East crisis, inflation fight in focus Hapag-Lloyd to continue avoiding Red Sea/Suez Canal
Business & Economy Published 08 Jan, 2024 04:31pm Oil slides as Saudi price cuts counter Middle East worries Saudi Aramco cuts price for key crude grade to Asia
Business & Economy Published 05 Jan, 2024 05:04pm Oil prices rise on Middle East tensions Euro zone inflation rose in December
Business & Economy Published 04 Jan, 2024 04:22pm Oil extends gains on Middle East supply worries Shutdown of Libya's Sharara oilfield tightens supply
Business & Economy Published 02 Jan, 2024 04:16pm Oil prices jump after US forces repel Houthis in Red Sea Brent crude rose $1.28, or 1.7%, to $78.32 a barrel by 0438 GMT
Business & Economy Published 31 Dec, 2023 09:42am Explained: Secretive mechanism behind Pakistan’s petrol prices Govt follows a pricing formula to determine rates
Business & Economy Updated 30 Dec, 2023 08:52am Oil prices shed 10% in 2023 as supply, demand concerns weigh Europe-bound diesel, jet fuel cargoes divert from Red Sea
Business & Economy Updated 28 Dec, 2023 01:12pm Oil prices stabilise as Red Sea transport disruptions ease Some major shippers return to Red Sea routes
Business & Economy Published 15 Dec, 2023 08:41am Oil prices on track for first weekly rise in two months World oil consumption will rise by 1.1 million barrels per day in 2024