Oil surges on US sanctions, tight stockpile forecasts NEW YORK: Oil prices leapt more than $3 on Friday, with Brent on track for its highest weekly gain since April,... Updated 13 Oct, 2023 08:39pm
Markets Oil prices rise on expectations NEW YORK: Oil prices rose on Thursday on expectations that US interest rates had peaked, but gains were capped by a... Published 13 Oct, 2023 05:50am
Pakistan Balochistan minister vows strict action against oil smugglers QUETTA: Interim Information Minister of Balochistan Jan Achakzai, Wednesday said that the government has set a... Published 12 Oct, 2023 05:57am
Markets Oil prices down on easing concerns HOUSTON: Oil prices fell on Tuesday on easing concerns about potential supply disruptions from the battle between... Published 11 Oct, 2023 03:10am
Markets Japanese rubber up SINGAPORE: Japanese rubber futures edged higher for a second session on Tuesday, buoyed by bullish Asian shares and ... Published 11 Oct, 2023 03:10am
Markets Oil prices surge 4% on worries of escalation in Middle East conflict HOUSTON: Oil prices surged 4% on Monday, recouping some of the steep losses last week, as clashes between Israel and... Updated 09 Oct, 2023 08:31pm
Opinion Economic recovery hamstrung by energy issues Pakistan has been facing a host of challenges that have seriously impacted its development, growth, economic ... Updated 09 Oct, 2023 06:56am
Business & Finance BMP demands govt slash oil prices LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’ Businessmen Panel (BMP) has asked the... Updated 09 Oct, 2023 09:37am
Markets Oil prices hold steady, Russia rolls back diesel export ban LONDON: Oil prices were stable but on course for a week-on-week loss, as demand fears due to macroeconomic headwinds... Updated 06 Oct, 2023 05:54pm
Markets Oil prices decline HOUSTON: Oil prices fell about 2% on Thursday, extending the previous session’s nearly 6% losses, as an uncertain... Published 06 Oct, 2023 03:03am
Markets Oil rebounds from 3-week low amid strong dollar NEW YORK: Oil prices recovered slightly after hitting a three-week low on Tuesday, as investors weighed a stronger ... Published 04 Oct, 2023 06:20am
Markets Oil prices fall NEW YORK: Oil prices fell about 2% on Monday to a three-week low as a higher-priced Brent contract expired, the US... Published 03 Oct, 2023 06:02am
Markets Oil settles lower but ends quarter up 28pc on tight supply NEW YORK: Oil prices settled 1% lower on Friday due to macroeconomic concerns and profit taking, but rose about 30%... Published 02 Oct, 2023 06:33am
Markets Oil prices ease 1pc on profit taking NEW YORK: Oil futures eased about 1% on Thursday, as traders took profits after prices soared early to 10-month ... Published 29 Sep, 2023 06:24am
Business & Finance Nearby Brent crude spread hits 2023 high on tight supply LONDON: The spread between the front and second month contract for global oil benchmark Brent has widened to its... Published 29 Sep, 2023 06:24am
Markets Oil prices ease 1% on profit taking, interest rate worries NEW YORK: Oil futures eased about 1% on Thursday, as traders took profits after prices soared early to 10-month ... Updated 28 Sep, 2023 10:03pm
Markets Oil jumps 3% as steep US crude stockdraw adds to supply concerns HOUSTON: Oil prices surged about 3% on Wednesday, after US crude stocks fell more than expected, adding to worries... Updated 27 Sep, 2023 08:49pm
Markets Oil prices rise by about 1pc as tight supply balances economic outlook NEW YORK: Oil prices rose by about 1 percent after reaching a two-week low earlier in the session on Tuesday, as... Published 27 Sep, 2023 06:08am
Markets Oil up slightly; trade choppy as Russia fuel export ban boosts NEW YORK: Oil prices were slightly higher in choppy trading on Thursday, rising as much as $1 a barrel after a... Published 22 Sep, 2023 03:33am
World Saudi crown prince says getting 'closer' to Israel normalization: Fox interview WASHINGTON: Saudi Arabian Crown Prince Mohammed bin Salman said in a U.S. television interview that his country was... Updated 21 Sep, 2023 09:55am
Markets Oil little changed ahead of US Fed rate decision NEW YORK: Oil prices were little changed on Wednesday ahead of the U.S. Federal Reserve’s interest rate decision,... Updated 20 Sep, 2023 09:01pm
Markets Kenya extends oil supply agreement with three Gulf companies NAIROBI: Kenya has extended an oil supply deal with three Gulf-based companies to December 2024, the energy... Published 19 Sep, 2023 01:21pm
Markets Oil prices hit 10-month highs on mounting supply concerns Oil prices jumped over 1% on Tuesday to 10-month highs, as weak U.S. shale output compounded supply concerns from... Updated 19 Sep, 2023 08:57pm
Business & Finance OTCA stops oil supply to the whole country ISLAMABAD: The Oil Tankers Contractors Association (OTCA) stopped oil supply on Monday to the whole country as part... Published 19 Sep, 2023 06:31am
Markets Oil prices continue to rally on tight supply LONDON: Global oil benchmark Brent crude hovered above $94 a barrel on Monday, with investors focused on the... Updated 18 Sep, 2023 04:58pm
Markets Oil set for another weekly gain on tight supply and China optimism LONDON: Oil was on track for a third weekly gain as supply tightness spearheaded by Saudi Arabian production cuts... Updated 15 Sep, 2023 07:16pm
Markets Oil hits 2023 highs on tight supply outlook HOUSTON: Oil prices climbed on Thursday to their highest this year, as expectations of tighter supply outweighed... Published 15 Sep, 2023 06:31am
Markets Oil hits 2023 highs on tight supply outlook LONDON: Oil rebounded on Thursday, with Brent crude topping $93 a barrel for the first time this year, as... Updated 14 Sep, 2023 05:24pm
Markets Saudi, Russian oil cuts to cause big supply shortfall: IEA PARIS: Oil cuts by Saudi Arabia and Russia will cause a “significant” global supply shortfall through the end of... Published 14 Sep, 2023 06:07am
Markets Oil prices extend multi-month highs on supply concerns LONDON: Oil prices extended 10-month highs on Wednesday, driven by expectations that crude supply will remain tight... Updated 13 Sep, 2023 05:01pm
