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
BR Research Oil: Enter the bears The oil bull rally finally lost steam. Having threatened to touch the magical $100/bbl and go beyond – just two... Published 06 Oct, 2023 08:51am
Markets PMEX daily trading report KARACHI: On Wednesday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 18.098... Published 06 Oct, 2023 03:03am
Business & Finance Russian rouble slumps past 99 vs dollar to near seven-week low MOSCOW: The rouble slumped past 99 against the dollar to a near seven-week low on Monday, having now lost support of... Published 03 Oct, 2023 06:02am
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
Business & Finance Spain’s inflation rises to 3.5% in Sept as energy prices soar Spain’s headline inflation rose to 3.5% in September, boosted by the soaring cost of energy, preliminary data from... Published 28 Sep, 2023 02:59pm
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
BR Research Oil’s march to $100 Brent crude oil crossed $95/bbl for the first time since November 2022 – having soared nearly 2 percent in early... Published 28 Sep, 2023 08:59am
Markets PMEX daily trading report KARACHI: On Wednesday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 26.748... Published 22 Sep, 2023 03:33am
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 KP produces 31,000 barrels of crude oil per day PESHAWAR: Out of the total 71,000 barrels of the national crude oil production per day Khyber Pakhtunkhwa is... Updated 18 Sep, 2023 09:25am
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 Palm rises for second session on stronger rival oils JAKARTA: Malaysian palm oil futures rose on Thursday, extending gains to a second day, supported by recovery in... Published 15 Sep, 2023 06:31am
Markets China’s strong crude oil, coal and iron ore imports flatter to deceive LAUNCESTON, (Australia): China’s imports of most major commodities rebounded in August, but the strength in... Published 12 Sep, 2023 06:22am
Markets Oil cut extension raises risk of Saudi economic contraction this year DUBAI: Saudi Arabia faces the risk of an economic contraction this year following its decision to extend crude... Published 10 Sep, 2023 01:01pm
Markets China’s Aug crude oil, soybean imports jump BEIJING: China imported 9.36 million metric tons of soybeans in August, customs data showed on Thursday, jumping 31%... Published 10 Sep, 2023 03:20am
Markets Japan shares extend highs as weak yen boosts autos, energy stocks gain TOKYO: Japanese equities closed at new highs on Wednesday, with the weakest yen rate since November boosting... Updated 06 Sep, 2023 12:07pm
Markets Oil falls below $90 as markets shuffle back from supply jitters NEW YORK: Oil prices fell below $90 a barrel on Wednesday, after rising over 1% the previous session, on a stronger... Updated 06 Sep, 2023 09:29pm
Markets Saudi Arabia extends voluntary oil output cut of 1 million bpd to end-2023 DUBAI: Saudi Arabia will extend its voluntary oil output cut of 1 million barrels per day for another three months... Published 05 Sep, 2023 07:04pm
Markets Oil edges up on US crude stockpile draw, hurricane jitters NEW YORK: Oil prices extended gains on Wednesday after U.S. government data showed tighter-than-expected crude... Updated 30 Aug, 2023 08:28pm
Markets European shares close two-week high PARIS: European shares closed at a two-week high on Tuesday, led by miners on strength in metal prices and the... Published 30 Aug, 2023 03:33am
Markets Oil rises as Hurricane Idalia threatens to hit tight supplies BENGALURU: Oil prices edged higher on Tuesday as Hurricane Idalia intensified as it headed towards Florida’s Gulf... Published 30 Aug, 2023 03:33am
Markets Oil slips, US Fed chief’s speech in spotlight LONDON: Oil prices slipped on Thursday on disappointing economic data from key economies, with investors awaiting a... Updated 24 Aug, 2023 07:17pm
Opinion Petrol prices in India and Pakistan: the differential The price of petrol is regulated in both India and Pakistan. It is sold at a price fixed by the governments of the... Updated 24 Aug, 2023 10:31am
Markets Oil steadies as China woes persist LONDON: Oil prices were little changed on Tuesday as investors remained focused on the likelihood of China’s... Updated 22 Aug, 2023 06:44pm
Markets Crude battles interest rates, demand uncertainty HOUSTON: Crude oil fell into negative territory as it battled possible US interest rate increases and uncertainty... Published 22 Aug, 2023 06:03am
Markets Oil steadies as China fears counter tight US supply Oil prices were little changed on Wednesday despite a large drawdown in U.S. crude oil stocks as investors weighed... Updated 16 Aug, 2023 09:23pm
BR Research Oil shows no retreat As Brent crude stays firm staying over $85/bbl, showing strong resistance – energy commodities outside of oil have... Published 16 Aug, 2023 08:31am
Print India raises concerns over oil market volatility with producer countries NEW DELHI: India has flagged concerns over volatility in the global oil prices to major oil producers and... Updated 11 Aug, 2023 08:43am
Markets Oil steadies ahead of US inflation data LONDON: Oil prices stabilised on Thursday as investor caution dominated ahead of inflation data expected to offer... Updated 10 Aug, 2023 05:15pm
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees
