SINGAPORE/NEW DELHI: Spot premiums for Middle East crude grades Oman and Dubai have soared to all-time highs even as trade slumps due to the U.S. and Israeli war on Iran, with some traders arguing that the benchmarks have lost relevance due to sup…

LONDON: Global demand for liquefied natural gas is estimated to rise by 54-68% by 2040 and 45-85% by 2050 from 422 million metric tons in 2025, boosted by growing Asian appetite for the fuel, Shell, the world’s biggest LNG trader, said on Monday. …

Pakistan recorded a current account surplus of $427 million in February 2026, according to data released by the State Bank of Pakistan (SBP) on Monday. However, on a cumulative basis, the country posted a current account deficit of $700 million du…

LONDON: Industrial metal prices came under pressure on Monday as surging oil prices due to the conflict in the Middle East fuelled fears about inflation and global growth prospects, traders said. Benchmark copper on the London Metal Exchange was d…

Dismissing rumours of shortages, the Ministry of Finance’s Committee to Monitor Petrol Prices on Monday confirmed that fuel requirements for March are fully secured, with enough inventory and planned imports to last until at least mid-April. Finan…

KUALA LUMPUR: Malaysian palm oil futures climbed for a fourth consecutive session on Monday, as stronger Dalian palm olein and strength in crude oil prices supported the market. The benchmark palm oil contract for June delivery on the Bursa Malays…

MUMBAI: The Indian rupee was pinned near its all-time low on Monday, averting losses largely on the back of likely central bank intervention, via state-run banks, as hostilities in the Gulf kept oil prices elevated. The Indian rupee closed at 92.4…

India’s benchmark indexes rose on Monday as value buying in heavyweight stocks and a partial rebound in auto shares after last week’s steep drop countered concerns over higher crude prices from the Middle East war. The Nifty 50 rose 1.11% to 23,40…