Oil rises 1% as EU agrees further sanctions threatening Russian oil flows Oil prices rose more than 1% on Wednesday after the European Union agreed an additional round of sanctions... Updated 11 Dec, 2024 09:50pm
Markets China Nov crude oil imports up 14% to 48.52mn metric tons SINGAPORE: China’s November crude oil imports rose 14.3% from a year earlier to 48.52 million metric tons, customs... Published 10 Dec, 2024 11:04am
Markets China’s crude oil imports fall for sixth straight month on refinery closure BEIJING: China’s crude oil imports fell 9% in October, data showed on Thursday, a sixth consecutive monthly... Published 07 Nov, 2024 11:00am
Markets Oil edges up after US crude stock draw, weak Chinese economy caps gains HOUSTON: Oil prices edged up on Wednesday after a larger than expected crude stock draw, which offset some concerns... Updated 21 Aug, 2024 09:41pm
Markets China’s July oil imports from top supplier Russia fall 7.4% from a year ago SINGAPORE: China’s crude oil imports from top supplier Russia fell in July by 7.4% from a year earlier, official... Published 20 Aug, 2024 11:46am
Markets Asia’s crude oil imports drop in July as China stays weak: Russell LAUNCESTON: Asia’s crude oil imports dropped to the lowest in two years in July as demand remained weak in top... Published 01 Aug, 2024 01:14pm
BR Research CA surplus – will it sustain? The current account surprisingly posted a surplus of $619 million in March 24,which is the highest surplus since... Updated 23 Apr, 2024 10:07am
Markets China issues 2024 crude import quotas, 60% more than year earlier SINGAPORE: China has released 179.01 million metric tons of crude import quotas for 2024, according to Chinese... Published 02 Jan, 2024 11:43am
Markets Oil rises on Middle East tensions and US rate cut hopes LONDON: Oil extended gains on Tuesday, finding support from geopolitical tensions in the Middle East and investor... Updated 26 Dec, 2023 10:19pm
Opinion Fall in industrial production The statistics on the Quantum Index of Manufacturing (QIM) has been released by the Pakistan Bureau of Statistics... Published 26 Dec, 2023 04:30am
Markets India’s July Russian oil imports dip; Saudi import down to 2-1/2-yr low NEW DELHI: India’s July crude oil imports from Russia dipped for the first time in nine months, while inbound... Published 22 Aug, 2023 12:49pm
Print Foreign suppliers’ accounts through customs bonded storage facilities: Guidelines for crude oil import issued ISLAMABAD: The Directorate General of Oil (Petroleum Division) has issued guidelines for import of crude oil on... Updated 10 Jul, 2023 08:58am
Markets Oil drops 1% as market frets about risk of US rate hike NEW YORK: Oil prices fell over 1% on Thursday as the market digested the higher likelihood of a U.S. interest rate... Updated 06 Jul, 2023 09:01pm
Business & Finance FPCCI signs MoU with Russia’s Sakha chamber KARACHI: Irfan Iqbal Sheikh, President FPCCI, has apprised that the apex body has signed a significant MoU with... Published 06 Jul, 2023 05:42am
Business & Finance More crude oil will be imported from Russia: Musadik ISLAMABAD: Minister of State for Petroleum, Dr Musadik Malik on Tuesday said additional crude oil would be imported... Published 14 Jun, 2023 06:21am
Markets China’s Russian oil imports rise in April but Saudi is top supplier SINGAPORE/BEIJING: China’s crude oil imports from Russia rose 8.6% in April from a year earlier, as larger private... Published 20 May, 2023 11:44am
Markets BD seeks extended oil credit from Saudi Arabia DHAKA: Cash-strapped Bangladesh asked Saudi Arabia for extended credit on oil supplies, Dhaka’s foreign ministry... Published 06 Feb, 2023 06:38am
Markets Oil prices hit two-week highs NEW YORK: Oil prices rose to their highest in two weeks on Tuesday after China posted weak but expectation-beating... Published 18 Jan, 2023 06:22am
Markets China didn’t drive commodity markets in 2022 LAUNCESTON, (Australia): China’s commodity trade data for 2022 shows that prices and volumes weren’t driven by... Published 17 Jan, 2023 06:02am
Markets China issues 111.82mn T new crude oil imports quota for 2023 SINGAPORE: China has issued its second batch of 2023 crude oil import quotas to mostly independent refiners,... Published 09 Jan, 2023 02:43pm
Markets Asia crude oil imports hit record high LAUNCESTON, (Australia): Asia’s crude oil imports most likely rose to a record high in November, but much of the... Published 02 Dec, 2022 07:29am
Markets China’s Oct crude oil imports rebound amid new refinery rollouts SINGAPORE: China’s crude oil imports in October rebounded to the highest level since May, up 14% from a low base a... Published 07 Nov, 2022 10:47am
Markets China’s Sept crude oil imports down 2% on year SINGAPORE: China’s crude oil imports in September rose from the previous month but stayed 2% below their level a... Published 24 Oct, 2022 10:34am
Business & Finance Indian rupee eases MUMBAI: The Indian rupee eased for the third week running, as pressures from firmer oil prices and the dollar ... Published 29 Aug, 2022 05:44am
Markets Saudi Arabia’s crude oil exports, output rise in June Saudi Arabia’s crude oil exports rose in June, while output increased to a more than two-year high, data from the... Published 17 Aug, 2022 05:44pm
Markets India eases Russian oil buying in July, boosts Saudi imports NEW DELHI: India's crude oil imports from Russia in July fell for the first time since March along with its overall... Published 17 Aug, 2022 03:24pm
Markets China’s sluggish commodity imports set to improve, but risks abound LAUNCESTON, (Australia): China’s imports of most major commodities were unabashedly weak in June, but the soft... Published 15 Jul, 2022 06:20am
Markets Oil prices fall ahead of potential large US rate hike NEW YORK: Oil prices moved lower on Thursday, paring some losses after falling more than $4 as investors focused on... Published 15 Jul, 2022 06:20am
Markets Govt makes a move towards Russian crude import, urges refineries to furnish analysis Development comes after Prime Minister Shehbaz Sharif-led coalition government had started weighing possibility of importing oil and gas from Russia to meet the country’s energy requirements Updated 29 Jun, 2022 06:31pm
Markets Oil dives as U.S. inflation data surges; China imposes lockdowns NEW YORK: Oil prices sank on Friday, after U.S. consumer prices rose more than expected and China imposed new... Updated 10 Jun, 2022 08:33pm
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept