Business & Economy Published 15 Apr, 2022 09:31am Govt faces fuel price challenge as some observers suggest ending subsidies Govt faces fuel price challenge as some observers suggest ending subsidies
Pakistan Published 15 Apr, 2022 09:13am New govt may have to roll back fuel, power subsidies ‘The relief package will add to fiscal deficit which we cannot afford at the moment,’ says Finance Secretary Hamed Yaqoob Sheikh
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 12 Apr, 2022 08:28am Moody’s expects 3-4% growth this year in Pakistan Says asset risk is mainly linked to banks’ high exposure to government securities
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
Pakistan Published 09 Apr, 2022 11:51am FBR disallows input tax adjustment on 778 goods Sector experts says denial of input tax adjustment on 778 items would have serious consequences for the manufacturers of oil and ghee and steel sector
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 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
Pakistan Published 06 Apr, 2022 09:12am Officials term PM’s oil relief package ‘unsustainable’ PSO receivables have already reached Rs500b and it has 54% share in petroleum products sale
Business & Economy Published 05 Apr, 2022 08:09pm Oil extends rally as EU considers more Russia sanctions European and Asian stock markets diverge and the dollar dips versus major rivals
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
Business & Economy Published 04 Apr, 2022 08:50pm Stocks up, oil steady on easing supply, inflation concerns Major stock markets continue their cautious grind higher, as investors take solace from US economy
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 & Economy Published 30 Mar, 2022 11:15pm Oil jumps 4% on tight supply, prospects of new Russia sanctions U.S. crude stockpiles fall for a second straight week, falling by a bigger-than-expected 3.4 million barrels last week
Business Published 28 Mar, 2022 11:47pm Oil slides on concerns of weaker Chinese demand Brent crude futures slide as low as $111.17
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
Pakistan Published 26 Mar, 2022 10:55am Govt approves 10% tax relief on edible oil import for next two months Takes decision to deal with expected shortfall in Ramzan due to hike in prices
Business Published 24 Mar, 2022 11:05pm Canada to boost oil exports to displace Russian energy The country announces it will boost oil exports by about five percent to help address supply shortages
Business Published 23 Mar, 2022 04:11pm Oil rises in volatile trade on supply concerns from Russia sanctions The market remains on edge over the prospect of further sanctions on Russia
Business Updated 22 Mar, 2022 01:49pm Oil prices soar on Saudi, Russian supply fears Wall Street dipped after Federal Reserve Chair Jerome Powell said the US central bank is prepared to raise interest rates
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
Pakistan Published 21 Mar, 2022 08:21am IMF seeks more details of funding of PM’s relief package Finance czar says agreements will be shared with IMF today and final meeting will be held with them tomorrow