Oil up nearly 2% as weaker dollar offsets China concerns NEW YORK: Oil prices rose on Tuesday, recouping losses from the previous session, on optimism that China, the... Updated 01 Nov, 2022 09:57pm
Opinion Gas crisis fears recede for now as Europe stockpiles With prices falling and ports clogged with liquefied natural gas tankers, fears of a winter heating crisis in Europe... Published 01 Nov, 2022 05:55am
Markets Oil rises on strong crude demand, despite China fears LONDON: Oil rose on Thursday, extending a rally of nearly 3% in the previous session, as optimism over record U.S.... Updated 27 Oct, 2022 06:27pm
Markets Palm oil hits 8-week high, but profit-taking limits gains JAKARTA: Malaysian palm oil futures rose on Tuesday to their highest in eight weeks, but profit-taking on weaker... Published 26 Oct, 2022 05:52am
Markets Saudi bourse gains on strong earnings, oil prices; Qatar falls DUBAI: Saudi Arabia’s stock market ended higher on Sunday, in response to rising oil prices and strong earnings,... Published 24 Oct, 2022 06:54am
Markets Palm oil rises KUALA LUMPUR: Malaysian palm oil futures rose on Thursday for a sixth session and their highest close in nearly two... Published 07 Oct, 2022 05:59am
Markets Asia’s gasoline margin dips SINGAPORE: Gasoline margins in Asia dipped on Wednesday amid expectations of more refined product export quotas from... Published 15 Sep, 2022 07:08am
BR Research Oil prices jittery Over the last 12 days, Brent crude oil prices have dropped significantly. The price of a barrel of oil has dropped... Published 12 Sep, 2022 08:23am
Markets Nigeria’s oil output at 32-year low as thieves hobble output LAGOS: Nigeria’s crude oil production fell below 1 million barrels per day (bpd) in August, figures from its... Updated 09 Sep, 2022 07:41pm
Markets Oil rises 3% on supply threats, still set for weekly drop on demand fears NEW YORK: Oil prices rose about 3% on Friday supported by real and threatened cuts to supply, although futures were... Updated 09 Sep, 2022 08:48pm
Markets Oil edges up from 7-mth low as Russia threatens export halt NEW YORK: Crude prices edged up about 1% on Thursday after dropping to a seven-month low in the prior session after... Updated 08 Sep, 2022 09:41pm
Markets Oil rises after Russia’s Putin threatens to halt supply LONDON: Oil prices rose on Wednesday on threats that Russia will walk away from its energy supply contracts,... Updated 07 Sep, 2022 04:06pm
Markets Russia pockets $158bn in energy exports after war PARIS: Russia has raked in a whopping 158 billion euros ($158 billion) in energy exports in the six months following... Published 07 Sep, 2022 04:13am
Markets Asia Naphtha Gasoline crack dips as US stocks rise NEW DELHI: Asia’s gasoline crack declined on Wednesday after U.S. inventories rose and crude oil benchmarks... Published 25 Aug, 2022 07:22am
Markets PMEX daily trading report KARACHI: On Tuesday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 18.672... Published 25 Aug, 2022 07:15am
Opinion Price stabilisation and extent of tight monetary policy ‘Today American policymakers face a stark choice. Either, they can fight inflation by continuing to hike interest... Published 19 Aug, 2022 05:57am
Business & Finance Businessmen express concern over hike in petrol price LAHORE: The businessmen are in shock and expressed their serious concern over the hike in petroleum products in... Published 18 Aug, 2022 06:15am
Markets Oil rises as IEA hikes 2022 demand growth forecast LONDON: Oil prices rose by over 1% on Thursday after the International Energy Agency raised its oil demand growth... Updated 11 Aug, 2022 03:42pm
Markets Asia’s gasoline crack jumps as US inventories fall NEW DELHI: Asia’s gasoline refining profit margin jumped on Wednesday after US inventories dropped and crude oil... Published 11 Aug, 2022 04:35am
Markets Gasoline margin rises NEW DELHI: Asia’s gasoline markets gained on Wednesday after crude oil prices dipped and US inventories fell. The... Published 04 Aug, 2022 05:43am
Markets Oil sinks after weak factory data sparks demand concerns NEW YORK: Oil prices dropped sharply on Monday as weak manufacturing data in several countries weighed on the demand... Updated 01 Aug, 2022 10:13pm
Markets Tokyo rubber futures rise SINGAPORE: Japanese rubber futures rose on Friday, tracking gains in the Shanghai market and on expectation that... Published 31 Jul, 2022 05:39am
Markets Saudi bourse snaps five sessions of gains; Qatar rises DUBAI: Saudi Arabian shares edged down on Sunday, snapping five straight sessions of gains, following Friday’s ... Published 25 Jul, 2022 06:12am
Markets Physical oil trade tells a different story LONDON/NEW YORK: Benchmark oil prices have dropped by about $15 a barrel in the past 10 days as the threat of... Updated 18 Jul, 2022 09:06pm
BR Research Petroleum prices: Nothing wrong in relief The reduction in petroleum prices a day earlier than usual announcement was received by many as a populist move in... Published 18 Jul, 2022 08:33am
Markets Gasoil cash premiums hover near March lows NEW DELHI: Asia’s cash premiums for 10ppm gasoil extended losses on Thursday amid easing seasonal demand and... Published 16 Jul, 2022 04:20am
Business & Finance US producer prices accelerate in June, but underlying inflation slowing WASHINGTON: US producer prices increased more than expected in June amid rising costs for energy products, but... Published 15 Jul, 2022 06:20am
Markets Oil prices fall ahead of potential large U.S. rate hike LONDON: Oil prices fell more than $2 before paring losses on Thursday as investors focused on the prospect of a... Updated 14 Jul, 2022 07:16pm
Markets Asia Fuel Oil: Low-sulphur bunker premiums retreat on volatile crude SINGAPORE: Spot bunker fuel premiums for very low sulphur fuel oil (VLSFO) retreated in Singapore on Thursday as... Published 08 Jul, 2022 07:21am
Print Burden of hike in gas prices to be passed on to rich: minister ISLAMABAD: Minister for State for Energy, Musaddiq Malik hinted that a proposal has been submitted to the federal... Updated 08 Jul, 2022 09:29am
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees