Petrol price hiked by Rs7.45, diesel’s by Rs9.56 ISLAMABAD: The federal government on Sunday announced a substantial raise in ex-depot rates of all petroleum ... Published 01 Jul, 2024 07:01am
Markets Oil rises on rate cut hopes, higher margins; poised for third weekly gain Oil prices rose in Asian trade on Friday and were poised for a third straight weekly jump, buoyed by growing... Updated 28 Jun, 2024 02:38pm
Print Petrol, HSD prices likely to increase ISLAMABAD: Petrol and high-speed diesel (HSD) prices are likely to increase in Pakistan from July 01, 2024.... Updated 28 Jun, 2024 09:21am
Markets Oil steady as US demand flags but Middle East risk mounts LONDON: Oil prices were largely steady on Thursday as a surprise build in US stockpiles fuelled fears about slow... Updated 27 Jun, 2024 03:12pm
Markets Oil falls after jump in US inventories NEW YORK: Oil prices fell slightly on Wednesday after US crude stocks posted their third unexpected weekly rise in... Published 27 Jun, 2024 06:52am
Markets Oil set for second week of gains on signs of improving demand Crude oil futures were little changed on Friday but on course to rise for a second week amid signs of improving... Updated 21 Jun, 2024 05:26pm
Markets Brent rises toward $86 LONDON: Oil futures hit a seven-week high on Thursday as fresh data on a cooling US jobs market added to hopes that... Published 21 Jun, 2024 06:37am
Markets Brent holds $85 level ahead of US inventory data LONDON: Brent oil futures were steady on Thursday, hovering just below seven-week highs as escalating conflict in... Updated 20 Jun, 2024 07:16pm
Markets Oil hits seven-week high on demand hopes, war jitters LONDON: Oil prices hit seven-week highs on Wednesday as summer demand optimism and concerns over escalating... Updated 19 Jun, 2024 07:22pm
Markets Oil up on Fed comments, geopolitical risk premium in Europe, Mideast Brent crude futures were up 97 cents to $85.22 per barrel at 1538 GMT Updated 19 Jun, 2024 09:28am
Markets Oil prices dip NEW YORK: Oil futures prices settled slightly lower on Friday after a survey showed deteriorating US consumer... Published 16 Jun, 2024 02:40am
World Russia boosts oil revenues LONDON/NEW DELHI: Russian oil exporters are charging more for their oil in major market India than at any time since... Published 15 Jun, 2024 06:57am
Markets Oil prices set for best week in two months on demand outlook LONDON: Oil prices were stable on Friday and on course for their best week in more than two months after solid... Updated 14 Jun, 2024 03:35pm
Markets Oil edges higher as US data offsets impact of Fed rate-cut outlook NEW YORK: Oil prices rose slightly on Thursday in up-and-down trade, pressured by rising U.S. crude and fuel... Updated 13 Jun, 2024 11:31pm
Markets Kuwait cuts July crude prices for Asia, document shows SINGAPORE: Kuwait has cut the official selling price (OSP) for Kuwait Export Crude (KEC) to Asia in July by 40 cents... Published 12 Jun, 2024 09:41am
Markets Oil little changed as surprise crude stock build caps gains HOUSTON: Oil prices were broadly steady on Wednesday after three key forecasters predicted that global oil... Updated 12 Jun, 2024 09:45pm
Markets Economic Survey: Jul-Mar POL import bill down on lower intake ISLAMABAD: Pakistan’s petroleum import bill declined in the first nine months (July-March) of fiscal year 2023-24... Published 12 Jun, 2024 06:51am
Markets Oil edges up as OPEC sees relatively strong growth in 2024 oil demand HOUSTON: Oil prices edged slightly higher on Tuesday as OPEC stuck to its forecast for relatively strong growth in... Updated 11 Jun, 2024 09:25pm
Markets Oil prices gain 2% to one-week high on hopes of higher summer fuel demand NEW YORK: Oil prices climbed about 2% to a one-week high on Monday, buoyed by hopes of rising fuel demand this... Updated 10 Jun, 2024 09:18pm
Markets Aramco says foreigners grab ‘majority’ of share offering RIYADH: Oil giant Saudi Aramco said Sunday that international investors had snatched up the bulk of shares sold in... Published 10 Jun, 2024 06:52am
Markets Saudi Aramco says foreigners grab ‘majority’ of share offering RIYADH: Oil giant Saudi Aramco said Sunday that international investors had snatched up the bulk of shares sold in... Updated 09 Jun, 2024 09:47pm
Markets OPEC head rejects criticism over oil deal, says demand is good ST PETERSBURG: OPEC Secretary General Haitham Al Ghais on Thursday defended the recent adjustments to the OPEC+ oil... Published 06 Jun, 2024 01:45pm
Markets Oil extends gains with September Fed rate cut in focus LONDON: Oil extended gains on Thursday, as support from growing expectations of an interest rate cut from the U.S.... Updated 06 Jun, 2024 05:36pm
Markets Oil eases as US crude, fuel stock builds bolster demand jitters HOUSTON: Oil prices edged lower on Wednesday as a surprise build in U.S. crude stocks and larger-than-expected rise... Updated 05 Jun, 2024 08:55pm
Markets Oil drops as OPEC+ decision spotlights shaky demand HOUSTON: Oil prices fell more than $1 on Tuesday on scepticism about an OPEC+ decision to boost supply later this... Published 05 Jun, 2024 08:17am
World Saudi cabinet says it is extending voluntary oil cuts to boost market stability DUBAI: Saudi Arabia’s cabinet on Tuesday welcomed the latest OPEC+ decisions, saying Saudi Arabia’s decision with... Published 04 Jun, 2024 06:47pm
Markets Saudi non-oil activity growth slows in May, PMI shows DUBAI: Growth in non-oil business activity in Saudi Arabia eased in May as new orders rose at the slowest pace in 25... Published 04 Jun, 2024 11:14am
Markets Oil drops more than $1 as OPEC+ decision spotlights shaky demand LONDON: Oil prices fell more than $1 on Tuesday on scepticism about an OPEC+ decision to boost supply later this... Updated 04 Jun, 2024 07:29pm
Markets Oil dives 3pc, OPEC+ decision fails to allay demand worries NEW YORK: Oil prices tumbled more than $2 a barrel on Monday to multi-month lows, as investors worried about the... Published 04 Jun, 2024 06:28am
Markets Oil dives 3%, OPEC+ decision fails to allay demand worries NEW YORK: Oil prices tumbled more than $2 a barrel on Monday to multi-month lows, as investors worried about the... Updated 03 Jun, 2024 09:04pm
