Brent oil gains $1 to claw back some losses

Brent crude rose $1.31, or 1.8 percent, to $74.71 by 0242 GMT after slumping 6.9 percent on Wednesday

Oil prices rise for first time in three days, but trade war drags

Both crude benchmarks have fallen about $10 a barrel from four-year highs reached in the first week of October and are on track to post their worst monthly performance since July 2016

Oil prices stable, as rising US output hits OPEC cuts

SINGAPORE: Oil prices were little changed on Tuesday as the impact from expectations of an extended OPEC-led production cut was canceled out...

Saudi Arabia could jack-up crude prices in December

RIYADH: Top oil exporter Saudi Arabia will hike December crude prices for customers in Asia to levels last seen in 2013 or...

US pitches Europe its gas as alternative to Russia’s

According to the US Energy Information Administration, US exports of LNG soared from 0.5 billion cubic feet per day in 2016 to 1.94 billion cubic feet per day last year

Oil prices fall, after Trump threatens more tariffs on Chinese goods

SEOUL: Oil prices fell on Friday after U.S. President Donald Trump’s threat of new tariffs on China reignited fears of a trade war...

Oil prices steady as focus turns to potential supply hike

Benchmark Brent crude oil was down 20 cents at $75.74 a barrel by 0750 GMT, after falling 80 cents on Thursday

Oil prices slip on global growth concerns, swelling U.S. supply

International Brent crude oil futures were at $60.87 per barrel at 0508 GMT, down $1.21, or 2 percent, from their last close

Asian stocks higher on back of stronger regional economic data

SEOUL: Asian markets were higher on Thursday in a quiet post-Christmas holiday trading as strong economic data from the region and in...

Abraaj to shed 15 percent jobs globally

LAHORE: Abraaj Group woes don’t seem to be ending, as it is shedding 15 percent of its total workforce, as the largest...

Iran says despite U.S. sanctions, it has found new ‘potential’ oil buyers

Washington seeks to bring Iranian oil exports to zero in order to curb Tehran’s missile and nuclear programs and counter its growing military and political influence in the Middle East

Oil prices fall one percent amid global stock market slump

Markets have been hit hard this month by a range of worries, including the Sino-U.S. trade war, a rout in emerging market currencies, rising borrowing costs and bond yields, as well as economic concerns in Italy

Tokyo stocks higher in quiet labour day trading

Stock markets in Hong Kong, Shanghai, Seoul and other cities in Southeast Asia were closed for public holidays.

Asian stock markets rise on improved optimism about the world economy

HONG KONG: Asian shares rose, and oil prices touched fresh multi-year highs on Thursday as improving optimism about the global economy helped...

Asian shares rise, boosted by technology stocks

MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.6 percent, with information technology shares rising 1.2 percent. Japan’s Nikkei was 0.3 percent higher