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crude oil price

Imperatives for FY23 budget
Opinion

Imperatives for FY23 budget

The federal budget for 2022-23 is to be presented by the coalition government on the 10th of June in the National...
Published 07 Jun, 2022 05:47am
PMEX daily trading report
Markets

PMEX daily trading report

KARACHI: On Monday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 12.423...
Published 05 Jan, 2022 05:36am
Germany's Jan-March oil imports drop by 15.6pc year on year
Markets

Germany's Jan-March oil imports drop by 15.6pc year on year

  • Oil volumes in the three months fell to 18.6 million tonnes from 22.1 million in the same months of 2020, statistics from the BAFA foreign trade office showed.
  • Germany spent 6.8 billion euros ($8.29 billion) on crude imports in the period, 13.9% less than a year earlier, reflecting the drop in volumes and the impact of lower oil prices early in 2021.
Published 21 May, 2021 09:21pm
Saudi Arabia's March crude exports fall to 9-month low
Markets

Saudi Arabia's March crude exports fall to 9-month low

  • Total crude exports fell to 5.427 million barrels per day from 5.625 million bpd in February, while crude output was at 8.138 million bpd in March versus 8.147 million bpd the previous month, data showed.
  • The world's top crude oil exporter started easing supply cuts to buyers in May as OPEC+ stuck to plans for a phased roll-back of oil production restrictions from May to July.
Published 17 May, 2021 06:52pm
Saudi crude exports drop to eight-month low in February
Markets

Saudi crude exports drop to eight-month low in February

  • Crude exports fell to 5.625 million barrels per day (bpd), their lowest since June 2020 in February, from 6.582 million bpd in the prior month.
  • Crude output for February also dropped to its lowest since June last year at 8.147 million bpd, from 9.103 million bpd in January.
Updated 19 Apr, 2021 07:35pm