Business & Economy Published 13 Mar, 2023 11:35am Oil prices tick up on China demand and weaker dollar A weaker greenback makes oil cheaper for holders of other currencies
Business & Economy Published 12 Mar, 2023 02:43pm Saudi Aramco reports ‘record’ $161b profit for 2022 Its net income for 2022 was up 46% from $110 billion in 2021
Business & Economy Published 03 Mar, 2023 11:36am Oil set for weekly gain as China demand optimism trumps recession fears Brent crude futures fell 31 cents, or 0.4%, to $84.44 a barrel
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 Published 15 Feb, 2023 10:25am Oil prices forcing people to get rid of vehicles Dollar shortage and ban on LCs have also contributed to decline in car sales
▶️ 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 10 Feb, 2023 05:58pm Dar announces plans for mini-budget with Rs170 billion in new taxes Says IMF recommendations are in Pakistan's interest
Pakistan Published 08 Feb, 2023 05:11pm OGRA identifies 19 illegal fuel storages in Punjab Many cities in Punjab are seeing oil shortages
Business & Economy Updated 28 Jan, 2023 11:44am Russian petrol to be ‘sent to Pakistan’ as EU import ban looms Foreign Minister Bilawal due to meet Russian counterpart Lavrov on Jan 30
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 Updated 15 Jan, 2023 05:13pm Petrol prices to remain unchanged till Jan 31: Dar Petrol to cost Rs214.80, diesel Rs227.80, kerosene oil Rs171.83 and light diesel oil Rs169 per litre
Business & Economy Published 10 Jan, 2023 02:08pm Oil steady as clarity on Fed rate hike awaited Fed policymakers say fresh inflation data will help them decide whether they can slow pace of interest rate hikes
Business & Economy Updated 09 Jan, 2023 02:29pm Oil rises on demand optimism as China borders reopen China reopens borders in final farewell to zero-Covid; Hopes of slower US interest rate hikes boost risk sentiment
Business & Economy Published 05 Jan, 2023 11:18pm Afghanistan’s Taliban administration in oil extraction deal with Chinese company Investment would increase to $540 million in three years for the 25-year contract, says Zabihullah Mujahid
Business & Economy Published 05 Jan, 2023 04:03pm Oil rebounds after biggest drop in decades at start of year Big declines in the previous two days were driven by worries about a global recession
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
▶️ Pakistan Published 27 Dec, 2022 06:37pm Karak invents deadly kitchen jugard by scavenging for gas Gas-filled balloons can turn into a ball fire at a moment's notice
Business & Economy Published 27 Dec, 2022 06:19pm Oil, gas reserves discovered in Dera Ismail Khan Discovery will positively contribute to mitigating energy demand and supply gap
Business & Economy Published 27 Dec, 2022 09:40am Oil prices climb on easing China Covid curbs, concerns over US storm impact Brent crude was up 88 cents, or 1.1 per cent, at $84.80 a barrel
Business & Economy Published 23 Dec, 2022 03:59pm S&P downgrades Pakistan’s credit rating on weakening of several metrics Long-term sovereign credit rating lowered to “CCC+” from “B-“
Business & Economy Published 23 Dec, 2022 03:51pm Oil climbs on expected drop in Russian exports, offsets US storm impact Brent crude rose 88 cents, or 1.1 per cent, to $81.86 a barrel
World Published 23 Dec, 2022 02:01pm Putin says Russia wants end to war in Ukraine White House says Russian president has shown 'zero indication that he is willing to negotiate'
Business & Economy Published 19 Dec, 2022 04:39pm OGDC discovers oil and gas reserves from its exploratory well in Sindh The company says discovery shows its aggressive exploration strategy
Business & Economy Published 19 Dec, 2022 01:18pm Oil climbs on optimism over China’s demand recovery Brent crude futures rose 72 cents, or 0.9 per cent, to $79.76 a barrel
World Published 18 Dec, 2022 05:59pm 12 killed as oil tanker catches fire in Afghanistan’s Salang pass Many of the dead included women and children who were badly burned
Business & Economy Updated 16 Dec, 2022 02:46pm Govt slashes petrol prices by Rs10 per litre Petrol will now be available at Rs214.80
Business & Economy Published 14 Dec, 2022 10:05am Pakistan expecting Saudi Arabia financial help: Dar ‘There are positive vibes from Saudi Arabia,’ says finance minister
Business & Economy Published 09 Dec, 2022 04:28pm Petrol prices could be slashed by Rs30 per litre Oil prices fell to its lowest level after surging to close to its all-time high of $140 a barrel in March