India says oil prices would have rocketed without its Russian imports NEW DELHI: Global oil prices “would have hit the roof” if big importer India had not bought oil from Russia... Published 09 Nov, 2024 10:46am
Markets Oil falls over 2pc NEW YORK: Oil prices fell more than 2 percent on Friday as traders grew less fearful of prolonged supply disruptions... Published 09 Nov, 2024 06:36am
Markets Oil rises as Middle East war rages NEW YORK: Oil prices rose for the second consecutive session on Tuesday, as traders downplayed hopes of a Middle ... Updated 23 Oct, 2024 07:59am
Opinion ‘Trump’s election: plunging Middle East into a World War Zone’ This is apropos two back-to-back letters to the Editor carried by the newspaper these days. A conflict involving... Published 21 Oct, 2024 06:54am
Markets Oil prices plunge 4pc HOUSTON: Oil prices tumbled more than 4% to a near two-week low on Tuesday due to a weaker demand outlook and after ... Published 16 Oct, 2024 06:58am
Print Petrol’s price remains unchanged; diesel’s hiked ISLAMABAD: The government Tuesday increased the price of high speed diesel (HSD) up to Rs 5 per liter effective from... Updated 16 Oct, 2024 03:43pm
Markets Oil settles down HOUSTON: Oil prices settled lower on Friday but rose for the second straight week as investors weighed factors such... Published 12 Oct, 2024 06:17am
BR Research Oil prices: War premium is back As the world holds its breath over Israel’s response to Iran’s missile attack earlier this month, the global oil... Updated 09 Oct, 2024 12:58pm
Markets Oil rises 3pc as ME war risk makes investors cautious NEW YORK: Oil prices rose more than 3% on Monday, with Brent surpassing $80 per barrel for the first time since... Published 08 Oct, 2024 06:57am
Business & Finance Eight OPEC+ members extend oil supply cuts until end of Nov VIENNA: Eight members of the OPEC+ group of oil-producing nations agreed Thursday to extend their voluntary supply... Published 06 Sep, 2024 07:04am
Business & Finance Higher taxation: BMP says govt has failed to pass on oil price decline to consumers LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel has sought reduction in... Updated 02 Sep, 2024 09:12am
Markets Oil falls 2pc to end volatile week NEW YORK: Oil prices settled down nearly 2% on Friday, little changed on the week with Brent crude below $80 a... Published 17 Aug, 2024 06:12am
Business & Finance Oil rises nearly 2pc NEW YORK: Oil prices gained more than $1 a barrel on Thursday after US economic data allayed fears of recession in... Published 16 Aug, 2024 06:56am
Business & Finance Angola to quit OPEC over oil production quotas disagreement LUANDA: Angola said on Thursday it would leave OPEC over a disagreement on production quotas following the oil... Published 22 Dec, 2023 05:22am
Print Russia eyes additional oil export cuts of about 50,000bpd in Dec MOSCOW: Russia said on Sunday it would deepen oil export cuts in December by potentially 50,000 barrels per day or... Updated 18 Dec, 2023 08:35am
Business & Finance MPS on 12th: Analysts say policy rate to remain unchanged KARACHI: The State Bank of Pakistan (SBP) is scheduled to announce monetary policy statement on December 12, 2023.... Published 07 Dec, 2023 04:35am
Markets Oil prices up 3pc NEW YORK: Oil prices climbed about 3% to a one-week high on Friday on worries that tensions in Israel and Gaza could... Updated 28 Oct, 2023 06:34am
Markets BP urges more oil, gas investment while speeding energy transition NEW DELHI: Global oil major BP said the world must invest in the production of oil and gas to avoid to sharp price... Published 26 Aug, 2023 02:46pm
Markets Oil dips further as China worries counter supply cuts HOUSTON: Oil prices dipped on Monday as concerns about China’s faltering economic recovery and a stronger dollar... Published 15 Aug, 2023 06:30am
Print IEA flags OPEC+ supply cuts International Energy Agency says if OPEC+ current targets are maintained, oil inventories could draw by 2.2 million barrels per day (bpd) in the third quarter Updated 12 Aug, 2023 09:53am
Print India raises concerns over oil market volatility with producer countries NEW DELHI: India has flagged concerns over volatility in the global oil prices to major oil producers and... Updated 11 Aug, 2023 08:43am
Print Oil benchmark Brent’s price structure reflects tighter market LONDON: The structure of the global benchmark Brent crude futures market is at its most bullish since April,... Updated 11 Aug, 2023 08:42am
Markets Oil prices rise as tight supply counters expected rate hikes LONDON: Oil prices rose on Monday as tightening supply and hopes for Chinese stimulus underpinned Brent at well... Updated 24 Jul, 2023 05:46pm
Business & Finance Gulf economies to grow at much slower pace than earlier forecast BENGALURU: Economic growth in five countries in the six-member Gulf Cooperation Council is forecast to be even ... Updated 24 Jul, 2023 06:40am
Markets Oil falls amid China growth uncertainties LONDON: Oil prices eased on Monday as questions over China’s economy outweighed OPEC+ output cuts and the seventh... Updated 19 Jun, 2023 06:52pm
Pakistan ‘Same discount as for others’: Russian minister says Pakistan not receiving ‘special’ rate Energy minister Nikolai Shulginov also says Russia agreed payment would be made in currencies of friendly countries Updated 17 Jun, 2023 10:07pm
Business & Finance OPEC+ oil output cuts are non-political: Putin MOSCOW: Russian President Vladimir Putin said on Friday that decisions made by the OPEC+ group to cut oil production... Updated 17 Jun, 2023 06:58am
Business & Finance Investors ignore OPEC+ to focus on consumption outlook: Kemp LONDON: Portfolio investors had become increasingly bearish about the outlook for oil prices in the run up to the... Published 06 Jun, 2023 05:33am
Business & Finance POL products’ prices cut on world market, exchange rate decline ISLAMABAD: The government has reduced the retail price of petroleum products on account of a decline in the... Published 17 May, 2023 06:22am
Markets Global oil market signals short-term weakness ahead of EU ban on Russian oil The global oil market is signaling a potential shift, as traders and analysts worry about reduced crude demand and ... Published 28 Nov, 2022 11:17am
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points