Petroleum levy: a fifty billion rupees hole The prime minister was quick to take credit for the reduction in retail petroleum prices, for the fourth fortnight... Published 19 Sep, 2024 08:41am
Markets China’s April gasoline exports fall to lowest level since July 2015 on recovering domestic demand BEIJING: China’s gasoline exports in April fell to the lowest level since July 2015, customs data and Reuters... Published 18 May, 2024 10:19am
Markets Investors abandon bullish case for US gasoline: Kemp LONDON: US gasoline prices and refining margins have come under pressure as inventories deplete more slowly than... Published 16 May, 2024 06:28am
Markets Gasoline, food drive US producer prices higher WASHINGTON: US producer prices increased more than expected in September amid higher costs for energy products and... Published 12 Oct, 2023 05:57am
Markets Oil hits 2023 highs on tight supply outlook HOUSTON: Oil prices climbed on Thursday to their highest this year, as expectations of tighter supply outweighed... Published 15 Sep, 2023 06:31am
Business & Finance Dollar hits 6-month high after data, ECB announcement NEW YORK: The dollar index hit its highest level in six months on Thursday, as economic data was mostly stronger ... Published 15 Sep, 2023 06:31am
World Inflation in Canada declines as fuel prices fall MONTREAL: Inflation declined last month in Canada to its lowest rate since March 2021, even though grocery prices... Published 18 Jul, 2023 11:09pm
Markets Raw sugar futures edge higher, arabica prices ease LONDON: Raw sugar futures on ICE edged higher on Wednesday, underpinned by disruption to the cane harvest in... Published 08 Dec, 2022 05:58am
Markets Asia’s gasoline margin dips SINGAPORE: Gasoline margins in Asia dipped on Wednesday amid expectations of more refined product export quotas from... Published 15 Sep, 2022 07:08am
Markets Oil demand rises as gas prices surge: IEA PARIS: Global oil demand will rise more than previously forecast this year as heatwaves and soaring gas prices are... Published 11 Aug, 2022 03:26pm
Markets US gasoline prices fall below $4 for first time since March The average price of US retail gasoline fell below $4 per gallon on Thursday for the first time in months, giving... Published 11 Aug, 2022 12:45pm
Markets Biden highlights decline in US gasoline prices NEW YORK: US gasoline prices have fallen from historic highs earlier in the summer, a retreat highlighted by a... Published 19 Jul, 2022 08:37pm
World Biden defends decision to visit Saudi Arabia, says rights are on his agenda WASHINGTON: President Joe Biden on Saturday defended his decision to travel to Saudi Arabia saying human rights ... Published 10 Jul, 2022 10:46am
World Biden meetings with Saudi king will include Crown Prince Mohammed, says White House WASHINGTON: U.S. President Joe Biden will hold bilateral talks with Saudi King Salman bin Abdulaziz and his... Published 07 Jul, 2022 11:33pm
Markets Bezos slams Biden appeal for lower gasoline prices NEW YORK: Amazon founder Jeff Bezos has criticized President Joe Biden for calling on oil companies to lower... Published 04 Jul, 2022 11:38am
World Ecuador cuts gasoline prices in latest concession to protesters QUITO: Ecuadorean President Guillermo Lasso said on Sunday he would cut prices for gasoline and diesel by 10 cents a... Published 27 Jun, 2022 09:11am
BR Research Oil price outlook: 50-50 As international oil price posted first weekly loss in eight weeks, murmurs of Brent and WTI having peaked have... Published 23 Jun, 2022 10:02am
Markets High fuel prices to persist into 2023, Wood Mackenzie says LONDON: Consumers can expect fuel prices at the pump to remain high into next year due to disruptions to Russian oil... Published 16 Jun, 2022 04:51pm
Markets Biden blasts oil refiners for record high gasoline prices, profits WASHINGTON: U.S. President Joe Biden on Wednesday demanded oil refining companies explain why they are not putting... Published 15 Jun, 2022 08:19pm
World US retail sales post first decline in five months as inflation bites WASHINGTON: US retail sales unexpectedly fell in May as motor vehicle purchases declined amid rampant shortages, and... Published 15 Jun, 2022 07:44pm
Markets US gasoline average price tops $5 per gallon in historic first The national average price for US gasoline rose above $5 a gallon for the first time on Saturday, according to data... Updated 11 Jun, 2022 01:20pm
Markets Oil dives as US inflation data surges; China imposes lockdowns NEW YORK: Oil prices sank on Friday, after US consumer prices rose more than expected and China imposed new COVID-19... Published 11 Jun, 2022 06:09am
Opinion Global refiners falter in efforts to keep up with demand Refiners worldwide are struggling to meet global demand for diesel and gasoline, exacerbating high prices and... Published 01 Jun, 2022 05:53am
Markets Asia’s gasoline crack climbs SINGAPORE: Asia’s gasoline crack climbed on Thursday, buoyed by a drop in US and Singapore inventories and robust... Published 13 May, 2022 05:59am
Markets European stocks log best session in six weeks PARIS: European stocks locked in gains for a second straight session on Wednesday as strong earnings and a surge in... Published 12 May, 2022 05:40am
Markets U.S. retail gasoline prices hit new record, as refiners struggle to meet demand Retail gasoline prices in the United States rose on Tuesday and hit another all-time record, surpassing one set in... Published 10 May, 2022 01:08pm
Markets Japan rubber futures rise SINGAPORE: Japanese rubber futures climbed on Friday and were on track for their first weekly rise in three, ... Published 20 Mar, 2022 06:04am
Markets Gasoline crack edges up NEW DELHI: Asia’s gasoline crack inched higher on Thursday as Singapore inventories declined after rising for two... Published 21 Jan, 2022 05:27am
Markets Asia Naphtha/Gasoline-Gasoline crack edges lower over Omicron concerns NEW DELHI: Asia’s gasoline crack edged lower on Monday over fuel demand concerns arising from surging Omicron ... Published 11 Jan, 2022 06:33am
BR Research Petroleum pricing: some respite The respite in global crude oil price finally offered a breather to retail gasoline prices, without the government... Published 17 Dec, 2021 08:03am
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points