Business & Economy Updated 01 Mar, 2023 12:02am Pakistan cuts price of petrol by Rs5 High speed diesel prices remain unchanged, Kerosene oil and LDO prices decreased
▶️ Business & Economy Updated 15 Feb, 2023 01:33am Russia will sell oil to Pakistan at market-based price: envoy Danila Ganich says work on gas pipeline could start ‘pretty fast’ depending on conclusion of agreements
Pakistan Updated 21 Jan, 2023 03:17pm Pakistan moves closer to buying cheaper Russian crude oil supplies Both countries in final stages of sorting out supply hiccups
Business & Economy Published 03 Jan, 2023 10:32am Oil slides on worries on China, IMF slow-growth expectations Market can’t expect rapid recovery of Chinese economy after three years of Covid curbs, says analyst Leon Li
Business & Economy Published 02 Jan, 2023 03:50pm Gulf equities ring in new year on mixed note as oil, recession worries weigh 2023 is going to be a tough year, warns IMF
Business & Economy Published 27 Dec, 2022 11:55pm Russia bans oil sales to countries that accept price cap Putin would have authority to overrule the measures in special cases
World Published 26 Oct, 2022 12:51pm Oil dips on US crude stock build, supply worries limit losses Brent crude futures for December fell 72 cents, or 0.8 per cent, to $92.80 a barrel
Business & Economy Published 25 Oct, 2022 11:17am Oil prices edge higher as dollar eases US dollar index edges down in early trade; S&P Global survey says business activity weakens in October
Business & Economy Published 24 Oct, 2022 10:13am Oil prices slide as China demand data disappoints Independent refiners failed to utilise increased quotas amid lockdowns weighing on demand, says analyst
Business & Economy Published 19 Oct, 2022 11:50am Pakistan expresses solidarity with Saudi Arabia on OPEC+ issue FO encourages constructive approach based on engagement and mutual respect
Business & Economy Published 19 Oct, 2022 09:34am Oil prices rise on supply woes US crude stocks fall 1.3m bbls last week, shows API data
Business & Economy Published 14 Oct, 2022 01:06pm Oil edges up on weaker dollar, low US diesel stocks OPEC+'s output cut to keep supporting crude prices: analyst
Business & Economy Published 05 Oct, 2022 11:57pm OPEC+ agrees deep oil production cuts, Biden calls it shortsighted Saudi says West's criticism driven by wealth arrogance
Business & Economy Published 27 Sep, 2022 11:18am Looming ban on Russian crude has the oil industry on tenterhooks Oil Industries concerned European Union's ban on Russian crude imports come into effect
Business & Economy Updated 14 Jul, 2022 08:08am We’re looking at an Rs18 cut in petrol prices PM has to sign off on Ogra proposal
Business & Economy Published 29 Jun, 2022 08:26pm Govt makes a move towards Russian crude import, urges refineries to furnish analysis Pakistan looks toward cheaper alternatives to meet growing energy needs
World Published 28 Jun, 2022 04:42pm India rupee hits record low on higher global crude prices India shares close at over 2-week high as tech
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 09 May, 2022 10:19pm Oil prices tumble, weighed down by China lockdowns Crude imports by China in the first four months of 2022 fall 4.8% from a year ago
Business & Economy Published 26 Apr, 2022 09:52pm Oil rebounds from drop on China demand concerns Brent rises by $2/bbl after the People's Bank of China says it will step up monetary policy support to the real economy
Business & Economy Published 20 Apr, 2022 05:00pm Oil rebounds as supply concerns dominate Global oil prices have been pulled higher by a tighter supply outlook after sanctions against Russia
Business & Economy Published 11 Apr, 2022 08:41pm Oil market sinks on China demand fears US benchmark oil West Texas Intermediate dives as low as $92.93 per barrel and European Brent hits $97.57
Business & Economy Published 07 Apr, 2022 05:15pm Oil rises from 3-week low as supply concerns linger Brent crude futures climb $1.42 or 1.4%, to $102.52 a barrel, while US WTI crude futures rise $1.55, or 1.6%, to $97.78 a barrel
Business & Economy Published 05 Apr, 2022 05:29pm Saudi Arabia raises May crude prices globally, Asia at record levels The record Saudi crude prices for Asia come as oil exports from Russia are hit by buyer aversion and western sanctions
Business & Economy Published 05 Apr, 2022 03:54pm During 2022: Pakistan to import 32.7mn barrels of crude under Saudi Fund Programme Pakistan will import around 32.7 million barrels of crude oil under its agreement signed with the Saudi Fund for...
Business & Economy Published 05 Apr, 2022 11:17am Oil climbs on prospect of fresh Russia sanctions Global crude futures had settled up more than 3% on Monday on the threat of more sanctions on Russia