Aaj English TV

Business & Economy Published 30 Sep, 2022 08:58am

Oil holds steady on prospect of OPEC+ output cut, weaker dollar

Brent crude futures for November inched down 10 cents or 0.1% to $88.39 a barrel

Business & Economy Published 21 Sep, 2022 12:26pm

Oil prices tick up on supply woes but Fed rate hike bets cap gains

Opec+ producer grouping falling a record 3.58m barrels per day short of its production targets

Business & Economy Published 05 Sep, 2022 11:34am

Oil prices climb more than $1/bbl ahead of OPEC meeting

Negotiations dragged on in attempts to revive the revival the West's 2015 nuclear deal with Iran

World Published 29 Aug, 2022 05:17pm

Iraq’s powerful Sadr says he quits politics, fuelling uncertainty

Criticises fellow political leaders for failing to heed his calls for reform

Business & Economy Published 01 Jun, 2022 03:36pm

Russia and Saudi foreign ministers praise OPEC+, says Moscow

Lavrov arrived in Saudi Arabia on Tuesday and is expected to meet with other foreign ministers from GCC states

Business & Economy Published 15 May, 2022 04:42pm

Saudi Aramco says Q1 profits jump 82% as oil prices surge

Aramco dethroned Apple as the world's most valuable company, with shares worth $2.42 trillion compared to Apple's $2.37 trillion.

Business & Economy Published 05 May, 2022 08:14pm

Top oil producers agree modest supply boost amid demand concerns

Brent stands at $113.25 a barrel and American WTI at $110.64 a barrel

Business & Economy Published 05 May, 2022 03:29pm

Oil climbs on supply jitters as EU lays out Russian oil ban

France expects EU consensus on Russian oil ban by end of week

Business & Economy Published 12 Apr, 2022 12:50pm

Oil opens higher as OPEC warns of tight supply and Russian sanctions loom

EU drafting proposals for an EU oil embargo on Russia in the wake of its invasion of Ukraine

Business & Economy Published 08 Apr, 2022 12:08pm

Oil prices drift lower, set for 3% weekly fall due to massive stocks release

Brent crude futures edged lower by 55 cents, or 0.6% to $100.03 a barrel at 0403 GMT

Business & Economy Published 01 Apr, 2022 03:03pm

Oil falls as IEA members meet to discuss stocks release

Brent crude futures were down 71 cents to $104.00 a barrel by 0952 GMT

Business & Economy Published 31 Mar, 2022 11:58pm

OPEC+ sticks to modest oil output increase despite Western pressure

The Saudi-led OPEC and 10 countries spearheaded by Russia back an increase of 432,000 barrels per day in May

Business Published 30 Mar, 2022 12:13pm

UAE, Saudi say OPEC+ should not play politics

OPEC+ has come under increasing pressure to pump more crude since Russia

Business Published 28 Mar, 2022 03:14pm

UAE will work with OPEC+ to stabilise oil market, says energy minister

Mazrouei cites UAE was doing 'its best' to raise capacity to 5 million bpd

Business Published 28 Mar, 2022 11:58am

Oil falls as Shanghai lockdown boosts fears over weaker demand

Brent crude futures slid as low as $116.00 a barrel and were trading down $3.09, or 2.6%, at $117.56 at 0340 GMT

World Published 26 Mar, 2022 11:19am

Yemen rebel attack on Saudi oil plant sets off huge fire by F1 track

Attacks also included an electrical station in Jizan, bordering Yemen, which was set ablaze

Must Read Published 21 Mar, 2022 01:54pm

Oil jumps as EU mulls Russian ban, Saudi refinery output hit

Brent crude futures climbed $3.44, or 3.2%, to $111.37 a barrel by 0443 GMT

Must Read Published 15 Mar, 2022 12:38pm

Oil falls on Ukraine talks, fears of slower demand in China

Brent LCOc1 futures dropped $4.20 or 3.9% to $102.70 a barrel by 0125 GMT after falling 5.1% the previous day

Must Read Published 08 Mar, 2022 11:21am

Oil see-saws near 14 year highs as US weighs Russia oil embargo

Brent crude futures were up $1.06, or 0.9%, at $124.27 a barrel at 0223 GMT

Must Read Published 27 Feb, 2022 05:19pm

OPEC+ trims forecast for 2022 oil market surplus in latest data

he data also shows stocks in the developed world standing at 62 million barrels below the 2015 to 2019 average by the end of the year

Business Published 02 Feb, 2022 07:15pm

Oil climbs toward 7-year highs on US stock draw, eyes on OPEC+ move

Tight global supplies and geopolitical tensions in Eastern Europe and the Middle East boost oil prices by about 15%

Business Published 02 Feb, 2022 06:38pm

OPEC+ unlikely to hike output faster despite oil price rally, sources say

The plan to raise the target by 400,000 bpd for March is unlikely to change when the full group meets online

Business Published 01 Feb, 2022 05:37pm

Oil slips below $89 on speculation of faster OPEC+ hike

Goldman sees 'growing potential' for faster OPEC+ output hike

Must Read Published 31 Jan, 2022 10:40am

Top oil producers to meet amid record crude prices

Many analysts expect the grouping, including Saudi Arabia and Russia, to decide to continue to boost output by 400,000 barrels per day in March

Business Published 26 Jan, 2022 12:48am

Oil rises on concerns geopolitical risks could tighten supplies

Analysts note that oil price rise comes despite a drop in equities markets

Business Published 05 Jan, 2022 10:27pm

Oil rises more even as OPEC+ lifts output, U.S. fuel demand slips

Brent crude futures rise $1.27, or 1.6%, to $81.26 a barrel

Business Published 04 Jan, 2022 10:11pm

OPEC, allies agree on another modest oil output hike

A similar hike had been approved at their December meeting despite the emergence of Omicron

Business Updated 03 Jan, 2022 03:12pm

OPEC+ report sees short-lived, mild impact from Omicron variant

OPEC+ expects the impact on the oil market from the Omicron coronavirus variant to be ...

World Published 31 Dec, 2021 06:56pm

Oil prices rise slightly ahead of OPEC+ meeting next week

NEW YORK, Dec 30 (Reuters) - Oil prices rose slightly on Thursday on expectations that fuel demand held up despite...