MPCL YoY net sales, profit stand at historically highest levels ISLAMABAD: Mari Petroleum Company Limited (MPCL) has announced excellent financial and operational results for the... Published 10 Aug, 2023 06:35am
Markets China’s July crude imports up 17.0% year-on-year BEIJING: China’s crude oil imports in July rose 17.0% year-on-year, customs data showed on Tuesday, as domestic... Published 08 Aug, 2023 10:30am
Markets Saudi Arabia may raise Sept crude prices for a third month SINGAPORE: Saudi Arabia, the world’s biggest oil exporter, may raise its price for Arab Light crude for sale to... Published 01 Aug, 2023 09:55am
Markets Oil steadies near three-month high on tighter supplies LONDON: Oil hovered around three-month highs on Tuesday as investors focused on tightening global supplies and... Updated 01 Aug, 2023 06:32pm
BR Research Oil bull run brews trouble for Pakistan Oil bulls are back in business as Saudi led Opec Plus decisions are finally making an impact – leading to fourth... Published 01 Aug, 2023 08:28am
Markets Oil on track for biggest monthly gains in over a year LONDON: Oil prices were set to post their biggest monthly gains in more than a year on Monday, on expectations that... Updated 31 Jul, 2023 05:58pm
BR Research Oil – any fall insight? Global crude oil prices have continued their upward trajectory for the fifth consecutive week amid demand optimism... Published 31 Jul, 2023 08:22am
Markets Russia starts crude shipments to Africa, boosts fuel sales Russia began shipping crude oil to Africa for the first time this year and more than tripled supplies of oil... Published 27 Jul, 2023 10:01am
Markets Oil climbs close to April peak on tighter supply LONDON: Oil climbed almost 1% on Thursday, recouping losses from the previous session, supported by supply tightness... Updated 27 Jul, 2023 01:48pm
Markets China hugely boosts crude stockpiling on cheap Russian oil LAUNCESTON, (Australia): China boosted its stockpiling of crude oil to the highest level in three years in June,... Published 27 Jul, 2023 06:26am
Markets Oil prices steady near 3-month highs LONDON: Oil prices were steady on Tuesday, hovering near three-month highs as signs of tighter supplies and pledges... Updated 25 Jul, 2023 05:30pm
Markets Oil climbs, fuelled by tighter supplies, China stimulus LONDON: Oil prices rose on Friday, buoyed by evidence of tightening supplies and economic stimulus in... Updated 21 Jul, 2023 05:02pm
Markets Oil prices rise as US supply tightens, inflation worries ease NEW YORK: Oil prices gained on Wednesday, buoyed by tighter U.S. crude supplies, China’s pledge to reinvigorate its... Updated 19 Jul, 2023 09:34pm
Markets Oil steadies as investors eye US crude supplies LONDON: Oil prices were little changed on Tuesday as investors weighed a possible tightening of U.S. crude supplies... Updated 18 Jul, 2023 09:42pm
Markets Oil slides more than 1% as Chinese GDP dents demand hopes LONDON: Oil dropped by more than 1% on Monday after weaker than expected Chinese economic growth fuelled concern... Updated 17 Jul, 2023 05:56pm
Markets Brent oil hovers above $80 as U.S inflation eases LONDON: Global oil benchmark Brent hovered above $80 a barrel on Thursday after U.S. inflation data implied interest... Updated 13 Jul, 2023 05:02pm
Business & Finance Govt negotiating second cargo of discounted Russian crude ISLAMABAD: The State Minister for Petroleum, Dr Musadik Malik, on Wednesday said that talks with Russia are... Updated 13 Jul, 2023 09:11am
Markets PMEX daily trading report KARACHI: On Monday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 22.642 ... Published 12 Jul, 2023 06:39am
Markets Oil dips on Chinese and US data, but OPEC+ cuts limit fall LONDON: Oil prices dipped on Monday after weak economic data from top consumers the United States and China, though... Updated 10 Jul, 2023 08:17pm
Markets Oil prices set for second straight weekly gain after US data LONDON: Oil prices rose on Friday and were on track for their second straight weekly gain, as resilient demand... Updated 07 Jul, 2023 03:16pm
Markets US crude inventories fall more than expected: EIA HOUSTON: US crude stocks, gasoline and distillate inventories fell last week, the Energy Information Administration... Published 07 Jul, 2023 05:24am
Markets Oil prices rise ahead of US holiday demand indicators BENGALURU: US crude oil gained 3% on Wednesday, narrowing the price gap with global benchmark Brent in a ... Published 06 Jul, 2023 05:42am
Markets Saudi says oil cuts show not at odds with Russia VIENNA: Saudi Arabia on Wednesday dismissed talk of discord with oil ally Russia, praising their coordinated... Published 05 Jul, 2023 06:01pm
Markets Oil prices rise ahead of U.S. holiday demand indicators BENGALURU: U.S. crude oil gained 3% on Wednesday, narrowing the price gap with global benchmark Brent in a... Updated 05 Jul, 2023 09:18pm
Markets Oil up as market weighs supply cuts against gloomy economic outlook LONDON: Oil prices ticked higher on Tuesday as markets weighed supply cuts for August by top exporters Saudi Arabia... Updated 04 Jul, 2023 05:54pm
Markets Oil rallies on Saudi and Russian supply cuts for August LONDON: Oil rose on Monday after top exporters Saudi Arabia and Russia announced supply cuts for August,... Updated 03 Jul, 2023 06:01pm
Markets Growth risks to restrain oil prices this year NEW YORK: Oil prices will struggle for traction this year as global economic headwinds stymie gains that could be... Published 03 Jul, 2023 06:04am
Markets Is oil market’s glass half full or half empty? LONDON: Global petroleum prices appear reasonable given the level of inventories – to the frustration of the... Published 02 Jul, 2023 03:13am
Markets US crude, gasoline inventories likely fell last week NEW YORK: U.S. crude oil and gasoline stockpiles were seen declining last week, while distillate inventories likely... Published 29 Jun, 2023 04:19am
Markets Oil resumes slide on demand worries after latest rate hikes LONDON: Oil dropped over 2% on Friday and was heading for a weekly decline, as a UK interest rate hike added to... Updated 23 Jun, 2023 07:23pm