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Business

Reuters
Mar 12, 2025

Oil up 2pc on tighter US supplies but tariff concerns loom

US government data shows that US crude stockpiles rose by 1.4 million barrels in the latest week, less than an expected 2-million barrel rise.

World

Reuters
Aug 30, 2024

OPEC+ likely to proceed with planned output hike from October

Eight OPEC+ members scheduled to boost output by 180,000 barrels per day in October

World

Web Desk
Jun 02, 2024

OPEC+ extends deep oil production cuts into 2025

OPEC will spend one year on gradually phasing out cuts of 2.2 million bpd starting from October 2024 until the end of September 2025

World

Web Desk
Oct 11, 2023

Russia’s Putin says OPEC+ coordination to continue

The Organization of the Petroleum Exporting Countries (OPEC) and its allies, led by Russia, began their latest cycle of limiting supplies in late-2022 to bolster the market

World

Web Desk
Aug 11, 2023

Oil prices could rise further this year, but 2024 demand to slow sharply: IEA

Tighter supply driven by oil output cuts from OPEC and its allies and rising global demand have underpinned a rally in oil prices

Oil up 2pc on tighter US supplies but tariff concerns loom

OPEC+ likely to proceed with planned output hike from October

OPEC+ extends deep oil production cuts into 2025

Russia’s Putin says OPEC+ coordination to continue

Oil prices could rise further this year, but 2024 demand to slow sharply: IEA

4.7 magnitude earthquake shakes Islamabad, parts of Punjab

Prince Rahim Aga Khan departs Pakistan after week-long visit

Iran says new US strikes violated ceasefire

US hits drone facilities in southern Iran; Tehran says it downed US MQ-9 drone

Israeli strikes kill seven Palestinians in Gaza