Business Published 20 Mar, 2022 11:40pm Saudi Aramco reports profit surge on day sites hit by Yemen rebels The company says Aramco's net income increased by 124 percent to $110.0 billion in 2021
Pakistan Published 20 Mar, 2022 10:08am IMF characterises discussions with Pakistan ‘constructive’ IMF Communication Director Gerry Rice says discussions on programme’s key objectives are ongoing
World Published 19 Mar, 2022 01:34pm India's oil imports from US to rise, amid criticism for Russian purchases India's oil imports from the United States will rise by 11 per cent this year, officials said on Saturday, as the...
Business Published 18 Mar, 2022 01:26pm Oil jumps on lack of progress in Russia-Ukraine talks US West Texas Intermediate crude futures climbed $2.75, or 2.7%
Pakistan Published 18 Mar, 2022 09:15am IMF having ‘constructive talks’ with Pakistan on $6 billion rescue package IMF spokesman Gerry Rice says Pakistan met its key objectives of 'fiscal prudence, external sector viability'
Business Published 17 Mar, 2022 05:46pm Oil surges amid warnings of supply shortages The supply loss will be far greater than expected drop in demand triggered by higher fuel prices
Business Published 16 Mar, 2022 06:54pm Global oil supply disruptions leave Pakistan reeling Pakistan petroleum imports witness an increase of 100.78% growth as they reach $13 billion
Pakistan Published 16 Mar, 2022 11:32am ECC approves worth Rs11b grant to keep petroleum prices unchanged Supplementary grant approved to meet expenditure on payment of PDCs up to March 31 to OMCs and refineries
Business Published 16 Mar, 2022 01:09am Brent oil ends below $100 a barrel for 1st time in almost 3 weeks The drop comes as China places tens of millions of people under lockdown following the latest surge in Covid-19 cases
Must Read Published 15 Mar, 2022 12:38pm Oil falls on Ukraine talks, fears of slower demand in China Brent LCOc1 futures dropped $4.20 or 3.9% to $102.70 a barrel by 0125 GMT after falling 5.1% the previous day
Pakistan Published 15 Mar, 2022 08:29am Govt, IMF talks to continue for ‘at least two weeks’ Official says there is no cut-off date of ongoing discussion
Business Published 14 Mar, 2022 11:03pm European, US stocks rise on Ukraine hope as oil slumps The prospect of easing supply tensions and growing demand fears also send oil prices sliding
World Published 12 Mar, 2022 01:05am Saudi oil refinery hit by Houthis drone attack Houthis say they fired three drones at the Aramco refinery and six at its facilities in Jizan and Abha
Business Published 10 Mar, 2022 06:06pm Rupee stays at record low against US dollar as pressure remains A jittery oil market keeps the local currency under pressure
Business Published 10 Mar, 2022 11:55am Oil rises as market weighs OPEC filling Russia supply gap UAE Energy Minister Suhail al-Mazrouei said the Gulf country believes in the value OPEC+ brings to the oil market
Business Published 09 Mar, 2022 06:14pm Oil rises towards $130 as Russian crude struggles to find buyers US has placed ban on Russian oil imports, Britain says it will phase them out and Shell said it would stop buying Russian crude
Pakistan Updated 09 Mar, 2022 01:33pm IMF should not have any objections to oil, fuel relief, says Tarin Finance minister cites the govt was using some revenues that were 'not captured'; says opposition has 'no chance' as economy was showing growing signs
Pakistan Published 09 Mar, 2022 08:15am Relief on fuel price will generate burden on kitty: ECC ECC has approved supplementary grant of Rs106b under head of TDS
Must Read Published 08 Mar, 2022 11:21am Oil see-saws near 14 year highs as US weighs Russia oil embargo Brent crude futures were up $1.06, or 0.9%, at $124.27 a barrel at 0223 GMT
World Published 08 Mar, 2022 08:53am Russia warns on oil import ban as little progress is made at Ukraine talks Oil price rises as US considers Russia import ban; Russia warns it could turn off gas pipeline to Germany
Business Published 08 Mar, 2022 08:33am ECC gives nod to worth Rs8b Ramazan package Govt to provide subsidy on 19 basic commodities
Business Updated 07 Mar, 2022 03:58pm Stocks plunge, oil rockets, gold tops $2,000 on Ukraine fears Trading floors were a sea of red in early exchanges with experts warning of a period of stagflation
Business Published 07 Mar, 2022 11:37am Bloodbath at PSX as benchmark index plunges over 1,400 points Panic selling was witnessed at the bourse, as oil prices soared more than 9%, touching their highest since 2008
Must Read Published 07 Mar, 2022 11:20am India rupee falls to lifetime low as oil prices surge; yields rise MUMBAI:The Indian rupee fell to a historic low on Monday, while bond yields surged as a sharp rise in global prices...