Oil sputters near three-month lows as demand concerns mount Oil prices slid more than $1 on Wednesday to their lowest in more than three months on concern over waning demand in... Updated 08 Nov, 2023 07:17pm
Markets Oil, gas: 70pc area remains unexplored ISLAMABAD: Up to 70 percent area in Pakistan is still unexplored and needs to be evaluated for the exploration of... Updated 08 Nov, 2023 08:31am
Markets Oil prices at 2-1/2 month lows as China data offset supply cuts LONDON: Oil prices hit fresh 2-1/2-month lows on Tuesday as mixed economic data from China offset the impact of... Updated 07 Nov, 2023 07:18pm
Markets Oil up as Saudi Arabia and Russia stick to supply cuts HOUSTON: Oil prices rose on Monday after top exporters Saudi Arabia and Russia reaffirmed their commitment to extra... Published 07 Nov, 2023 06:33am
Markets World vegetable oil deficit likely in 2024 NUSA DUA, (Indonesia): A global vegetable oil supply deficit next year is still very likely due to the impact of ... Published 05 Nov, 2023 03:10am
Markets Oil settles down, posts weekly loss as geopolitical risk premium ebbs LONDON: Oil prices settled more than 2% lower on Friday as supply concerns driven by Middle East tensions eased,... Published 05 Nov, 2023 03:10am
Opinion It’s in country’s interest to proactively pursue offshore oil and gas exploration The discovery of oil and gas has remarkably changed the fate of many countries. Not too long ago, people that used ... Published 05 Nov, 2023 03:10am
Markets Oil prices rise after Fed, BoE keep rates unchanged BENGALURU: Oil prices gained more than $2 a barrel on Thursday and were set to break a three-day declining streak as... Published 03 Nov, 2023 06:11am
Markets Oil rises 1% after Fed, BoE keep rates unchanged LONDON: Oil gained 1% on Thursday to snap a three-day decline as risk appetite returned to financial markets after... Updated 02 Nov, 2023 07:00pm
Markets Oil prices up as war rages in ME NEW YORK: Oil prices climbed about 2% on Wednesday on worries the conflict in the Middle East could disrupt oil... Published 02 Nov, 2023 03:15am
Markets Saudi Arabia may hold Arab Light price to Asia steady for December SINGAPORE: Top oil exporter Saudi Arabia may keep the price for its flagship Arab Light crude little changed to Asia... Published 01 Nov, 2023 12:01pm
Markets Oil up 2% as war rages in Middle East and investors await Fed statement NEW YORK: Oil prices climbed about 2% on Wednesday on worries the conflict in the Middle East could disrupt oil... Updated 01 Nov, 2023 09:00pm
Markets OPEC oil output rises for third month LONDON: OPEC oil output has risen for a third straight month in October, a Reuters survey found on Tuesday, led by... Published 01 Nov, 2023 05:57am
Markets Oil edges higher as further ECB rate hikes unlikely HOUSTON: Oil prices edged higher on Tuesday as a drop in euro zone inflation buoyed hopes that the European Central... Updated 31 Oct, 2023 09:50pm
Markets Oil falls more than 3pc as concerns about Mideast supply ease HOUSTON: Oil slipped more than 3% on Monday as fears eased that the Israel-Hamas war would disrupt supply from the... Published 31 Oct, 2023 05:26am
Markets Oil falls over 3% as concerns about Mideast supply ease HOUSTON: Oil slipped more than 3% on Monday with U.S. crude oil futures falling more than $3 a barrel as fears eased... Updated 30 Oct, 2023 09:03pm
Opinion Net zero and Pakistan’s energy system: no more business as usual Net Zero is an international agreement for climate action that aims to achieve a balanced state of greenhouse gases... Updated 30 Oct, 2023 06:07am
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 Oil rises more than $1 on fears of spread of Middle East conflict SINGAPORE: Oil prices rose by over $1 on Friday as reports that the U.S military struck Iranian targets in Syria... Published 27 Oct, 2023 09:46am
Markets Oil falls on easing ME fears HOUSTON: Oil prices fell more $2 a barrel on Thursday as fears of a wider Middle East conflict eased at the same ... Updated 27 Oct, 2023 06:17am
Markets The Saudi fund trying to build a post-oil economy RIYADH: As global banking elites attend the Future Investment Initiative forum in Riyadh, a focal point of Saudi... Published 27 Oct, 2023 05:16am
Markets Oil steadies as demand fears counter Middle East conflict LONDON: Oil benchmark Brent hovered around $88 a barrel on Wednesday as demand worries stemming from gloomy economic... Updated 25 Oct, 2023 07:49pm
Markets Oil prices broadly stable amid flurry of weak economic data LONDON: Oil prices were broadly stable on Tuesday following the previous session’s dip after a flurry of economic... Updated 24 Oct, 2023 02:24pm
Print Cut in oil prices: PM expects a visible trickle-down effect ISLAMABAD: Caretaker Prime Minister Anwar-ul-Haq Kakar has directed to ensure that the benefits of 12.38 percent... Updated 24 Oct, 2023 09:11am
Markets Oil slips as investors watch diplomatic moves in Gaza war LONDON: Oil prices slipped on Monday as investors continued to focus on the situation in the Middle East, where... Updated 23 Oct, 2023 05:54pm
Markets Oil drops after Hamas releases US hostages BENGALURU: Oil prices settled lower on Friday after the group Hamas released two US hostages from Gaza, leading to... Published 22 Oct, 2023 03:20am
Markets Oil dips below $90 a barrel as US agrees Venezuela deal LONDON: Oil futures fell on Monday on reports that the U.S. had agreed a deal to ease sanctions on Venezuela, while... Updated 16 Oct, 2023 08:06pm
BR Research Oil risk premium returns Oil bears couldn’t stay the course for long. Not of the fault of their own this time though but the bear run... Published 16 Oct, 2023 06:33am
Business & Finance Oil surges nearly 6 percent NEW YORK: Oil prices leapt nearly 6% on Friday, with Brent posting its highest weekly gain since February, as... Published 14 Oct, 2023 05:32am
Markets China crude imports up 14% on year ahead of peak travel BEIJING: China’s crude oil imports in September grew nearly 14% from a year earlier, as refiners stepped up... Published 13 Oct, 2023 10:02am
