Ukraine’s embattled farmers running on empty as world faces food crisis PARIS/LONDON: After making it through the spring planting season, sometimes with the help of bulletproof vests and... Published 26 May, 2022 05:26am
Markets Asia’s gasoline crack at record high on easing China curbs, lower stock NEW DELHI: Asia’s gasoline crack rose to a record high for a second straight session on Wednesday as US ... Published 19 May, 2022 05:29am
Markets Sri Lanka to default on debt, no money for fuel COLOMBO: Sri Lanka is expected to be placed into default by rating agencies on Wednesday after the non-payment of... Published 19 May, 2022 05:29am
Markets UAE’s Fujairah marine fuel sales drop in April SINGAPORE: Sales of marine fuel in the United Arab Emirates’ Fujairah marine refuelling and oil storage hub dropped... Published 18 May, 2022 10:30am
Markets UK asks competition regulator to look into fuel retailers LONDON: British business minister Kwasi Kwarteng said on Tuesday he had written to petrol retailers over concern a... Published 18 May, 2022 05:54am
World Sri Lanka hikes medicine prices COLOMBO: Cash-strapped Sri Lanka announced a 40 percent price hike for dozens of commonly used medicines on Saturday... Published 01 May, 2022 05:11am
Print PM says power load-shedding to end by May 1 ISLAMABAD: Prime Minister Shehbaz Sharif was informed on Tuesday that there is power shortfall between 500 MW to... Updated 27 Apr, 2022 10:17am
Business & Finance OCAC confirms ample availability of fuel in country KARACHI: The Oil Companies Advisory Council (OCAC), the primary representative of the downstream oil industry, has... Updated 26 Apr, 2022 10:20am
World Malaysia urges countries to prioritise food over fuel as Indonesia bans palm exports KUALA LUMPUR: Countries should pause or slow use of edible oil as biofuel to ensure adequate supply for use in food,... Published 26 Apr, 2022 05:20am
Markets Sri Lanka shares plunge as Buddhist leaders ask govt to resign COLOMBO: Sri Lanka’s stock market halted trading after a nearly 13 percent plunge Monday as the island nation’s... Published 26 Apr, 2022 05:20am
Print PSO arranges five extra cargoes of diesel KARACHI: In view of the increasing demand of diesel, mainly due to harvesting season and limited product... Updated 26 Apr, 2022 09:58am
Business & Finance Shell Pakistan posts Rs2,079m profit after tax KARACHI: The Board of Directors of Shell Pakistan Limited announced the first quarter results for the company on... Published 22 Apr, 2022 05:36am
Opinion Coal is back in the spotlight With a current power shortfall touching 5500MW in the country, Pakistan struggles to find a sustainable fuel ... Published 16 Apr, 2022 04:10am
World Iran Guards say they have seized two ships with smuggled fuel in Gulf DUBAI: Iran’s Revolutionary Guards said on Friday they had seized two vessels along the country’s coast on the... Published 16 Apr, 2022 04:10am
Markets Asia’s naphtha NEW DELHI: Asia’s naphtha markets steadied on Friday after tumbling nearly 20% in the last session on fears of... Published 17 Mar, 2022 04:53am
Markets Oil drops as investors scoop up profits after US inventory build TOKYO: Oil prices fell on Friday, after rising to seven-year highs this week, as investors took profits after a ... Published 21 Jan, 2022 11:29am
Business & Finance Sri Lanka economy slumps in face of forex crisis COLOMBO: Sri Lanka's economy shrank in the third quarter as a foreign exchange crisis wrecked its recovery from the... Published 16 Dec, 2021 11:34am
Markets UAE's Fujairah November marine fuel sales slip 6% to 2-month low SINGAPORE: Sales volumes of marine fuel in the United Arab Emirates' (UAE) Fujairah marine refuelling and oil ... Published 15 Dec, 2021 12:43pm
Markets China's Oct clean marine fuel exports rise 22.6% from year earlier BEIJING: China's exports of clean marine bunker, also known as very low-sulphur fuel oil (VLSFO), rose 22.6% in... Published 21 Nov, 2021 11:59am
Business & Finance Japan prices rise for second month TOKYO: Japan's core consumer prices rose slightly year-on-year in October for the second month running, driven in... Published 19 Nov, 2021 10:01am
Markets Stronger fuel demand boosts profits at crude oil refineries LAUNCESTON, (Australia): Stronger fuel demand has boosted profits at crude oil refineries across Asia in recent... Published 13 Nov, 2021 04:08am
World No more immigration: PM says Britain is in period of adjustment MANCHESTER: British Prime Minister Boris Johnson said on Sunday he would not return to "uncontrolled immigration" to... Published 04 Oct, 2021 05:56am
Markets US natgas futures hold near two-week low NEW YORK: US natural gas futures held near a two-week low for a third day in a row on Thursday as the market waits... Published 24 Sep, 2021 04:40am
Print CAD, inflation: Interest rate hiked by 25 bps to 7.25pc KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has announced to raise the key... Updated 21 Sep, 2021 10:05am
Markets Lebanon raises fuel prices by 66% as it tries to ease shortages The fuel crisis worsened this month when the central bank said it could no longer finance fuel imports at heavily subsidised exchange rates and would switch to market rates Published 22 Aug, 2021 01:11pm
Pakistan Authorities plan to remove fuel from stranded ship KARACHI: Port authorities plan to remove fuel from a merchant ship that ran aground in rough seas last week before... Published 27 Jul, 2021 04:40am
Markets India fuel consumption picks up in June as lockdowns ease Fuel demand in India would recover to pre-pandemic levels by the end of this year after being Published 01 Jul, 2021 11:07am
World Israel to allow fuel for power plant into Gaza OCCUPIED JERUSALEM: Israel said Sunday it would allow fuel for electricity production to resume to Gaza, the latest... Published 28 Jun, 2021 04:38am
Business & Finance Pent-up demand, shortages fuel US inflation WASHINGTON: US consumer prices surged in April, with a measure of underlying inflation blowing past the Federal... Published 30 May, 2021 03:51am
Markets China's April diesel exports rise 5.7% on resurgent overseas demand Below is the latest customs data on fuel exports and imports of LNG in millions of tonnes. Published 18 May, 2021 11:15am
