Shariq Khan

Wednesday 26 Mar 2025

22 Mar 2025, 08:00 am (Updated)

Oil prices rise for second consecutive week on expected tighter supplyOil prices settled higher on Friday and recorded a second consecutive weekly gain as fresh US sanctions on Iran and the latest output plan from the Opec+ producer group raised expectations of tighter supply.

By Shariq Khan / Reuters

22 Mar 2025, 08:00 am (Updated)

31 Jan 2025, 08:00 am

Chevron misses earnings estimate as refining posts first loss in four yearsChevron Corp reported fourth-quarter earnings below Wall Street estimates on Friday as weak margins pushed its refining business into a loss for the first time since 2020, sending its shares down more than 2%.

By Shariq Khan & Sheila Dang / Reuters

31 Jan 2025, 08:00 am

OIL & GAS

28 Jan 2025, 08:00 am

Oil prices hold near two-week low as weak China data adds to demand concernsOil prices hovered near a two-week low on Tuesday after weak economic data from China and warming weather forecasts elsewhere soured the demand outlook.

By Shariq Khan / Reuters

28 Jan 2025, 08:00 am

OIL & GAS

16 Jan 2025, 08:00 am

Oil rises as US inventory decline heightens supply concernsSINGAPORE/NEW YORK (Jan 16): Oil prices gained for a second session on Thursday, supported by worries over supply amid US sanctions on Russia, a larger-than-forecast fall in US crude oil stocks, and an improving global demand outlook.

By Siyi Liu & Shariq Khan / Reuters

16 Jan 2025, 08:00 am

OIL & GAS

15 Jan 2025, 08:00 am

EIA expects oil prices to be under pressure from oversupply in 2025, 2026Oil prices will be under pressure over the next two years as global production growth outpaces demand, the US Energy Information Administration (EIA) said on Tuesday in its Short-Term Energy Outlook report.

By Shariq Khan / Reuters

15 Jan 2025, 08:00 am

OIL & GAS

11 Jan 2025, 08:00 am (Updated)

Oil prices rally 3% as US hits Russian oil with tougher sanctionsOil prices rallied nearly 3% to their highest in three months on Friday as traders braced for supply disruptions from the broadest US sanctions package targeting Russian oil and gas revenue.

By Shariq Khan / Reuters

11 Jan 2025, 08:00 am (Updated)

OIL & GAS

28 Dec 2024, 08:00 am (Updated)

Oil settles up over 1% on large draw from US crude stocksOil prices settled more than 1% higher on Friday and recorded a weekly gain in low trading volume ahead of year-end, buoyed by a larger-than-expected drawdown from US crude inventories last week.

By Shariq Khan / Reuters

28 Dec 2024, 08:00 am (Updated)

OIL & GAS

05 Oct 2024, 08:00 am (Updated)

Oil settles up, biggest weekly gains in over a year on Middle East war riskOil prices rose on Friday and settled with their biggest weekly gains in over a year on the mounting threat of a region-wide war in the Middle East, although gains were limited as US President Joe Biden discouraged Israel from targeting Iranian oil facilities.

By Shariq Khan / Reuters

05 Oct 2024, 08:00 am (Updated)

Bukit Aman calls up corporate figures to assist in investigations on MBI's money trail — sources

Astro tests new record low as results disappoint, analysts flag uncertain future

Chemlite dips on ACE Market debut, extends listing flops

HK billionaire Lee Shau-Kee’s sons get control of US$10b Henderson stake

Main-Market bound Cuckoo Malaysia prices IPO at RM1.29 a share

The bigger picture behind Tabung Haji’s dividend announcement

Vietnam races to avoid US tariffs with proposed tax cuts

Matrix Concepts group MD Ho Kong Soon to step down on April 1

Indonesian stocks rise after Mandiri’s dividend beats estimates

Couche-Tard sees strong interest in US stores for Seven & I deal

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