Sunday, Nov 27, 2022

Oil prices


Oil prices fall with world markets, stockpiles data eyed

June 14, 2016 11:27 am

After a rally in the commodity that saw the US benchmark hit an 11-month high last week, investors are beginning to cash in and search out safe havens such as the yen and gold.

Oil prices slip with global markets as producers restart more rigs

June 13, 2016 10:41 am

The retreat comes after US benchmark West Texas Intermediate last week hit an 11-month high thanks to a weaker dollar.

Oil prices continue dip with stronger dollar

May 24, 2016 11:07 am

Prices have rebounded since plunging to near 13-year lows below $30 in February but are still well short of peaks of more than $100 a barrel reached in June 2014.

Oil prices dip on strong dollar, firm global supplies

May 23, 2016 7:50 am

A meeting of the OPEC exporters' group, including Iran, is scheduled for June 2.

Oil slip

March 07, 2016 12:01 am

The petroleum industry is in poor shape. Budget 2016 fails to lay out a clear roadmap

Oil falls as Asia economies slow, prospect of crude output cut dims

February 01, 2016 9:23 am

Front-month Brent crude was trading at $35.55 per barrel at 0047 GMT, down 44 cents or over 1.2 percent from the last close.

Across the aisle- Oil windfall: Gone with the wind

January 10, 2016 12:14 am

There is nothing extraordinary about the actual receipts or expenditure of government so far. No department is expected to spend more than the budgeted amount.

Oil prices move away from 12-year low as China shares rise

January 08, 2016 9:28 am

Oil prices plunged to 12-year lows in the previous session after China allowed its yuan currency to slip

Oil prices rise after Saudi Arabia cuts ties with Iran

January 04, 2016 9:25 am

Saudi Arabia announced the decision on Sunday, a day after protesters ransacked its embassy in Tehran over the execution of a Shiite cleric.

Budget down 60 per cent, Kuwaiti emir warns of economic reforms

October 27, 2015 6:54 pm

While Kuwait and some other Mideast countries have sizeable reserves, continuing low prices could put them under increased pressure.