Oil falls 3%, pressured by surprise US crude, gasoline build HOUSTON: Oil prices slid 3% on Wednesday, with losses accelerating after US data showed crude and gasoline... Updated 03 Aug, 2022 10:49pm
Markets PMEX daily trading report KARACHI: On Monday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 19.297 ... Published 03 Aug, 2022 04:55am
Markets Oil steady ahead of OPEC+ meeting as global demand concerns weigh NEW YORK: Oil futures were little changed on Tuesday ahead of a meeting of OPEC+ producers this week that may not... Updated 02 Aug, 2022 07:50pm
Markets Asia gasoline margin jumps NEW DELHI: Asia’s gasoline refining profit margin jumped on Monday after crude oil benchmarks weakened, although... Published 02 Aug, 2022 05:36am
Business & Finance US majors Exxon, Chevron post blowout earnings, ramp up buybacks NEW YORK: The two largest US oil companies, Exxon Mobil Corp and Chevron Corp, posted record revenue on Friday,... Published 30 Jul, 2022 03:39am
Business & Finance Chevron says 'can do it all', after record profit and buyback lift HOUSTON: Chevron Corp posted its biggest quarterly earnings ever on Friday, built on strong fuel margins and high... Published 29 Jul, 2022 10:43pm
Markets OPEC+ production struggles widen to nearly 3mn bpd MOSCOW: The OPEC+ group produced almost 3 million barrels per day less crude than foreseen by its quotas in June as... Published 29 Jul, 2022 09:15pm
Markets PMEX daily trading report KARACHI: On Wednesday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 20.516... Published 29 Jul, 2022 06:14am
Markets Oil rises on US inventory drop, Russian gas cuts Oil rose by $2 a barrel on Wednesday as a report of lower inventories in the United States and cuts in Russian gas... Updated 27 Jul, 2022 09:59pm
Markets Oil refining margins collapse in Asia, cheaper crude needed LAUNCESTON, (Australia): Refining margins in Asia have collapsed in recent weeks, leaving refiners on the precipice... Published 27 Jul, 2022 05:23am
Markets PMEX daily trading report KARACHI: On Monday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 14.046 ... Published 20 Jul, 2022 05:48am
Markets Corn, soy, wheat futures climb CHICAGO: US corn, soybeans and wheat futures rose on Monday in response to worries about potentially stressful hot... Published 19 Jul, 2022 06:00am
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
Markets Gasoline crack falls below $10/barrel NEW DELHI: Asia’s refining profit margin for gasoline dipped below $10 a barrel on Thursday amid a selloff in ... Published 16 Jul, 2022 04:20am
Markets PMEX daily trading report KARACHI: On Wednesday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 24.856... Published 15 Jul, 2022 06:20am
Markets Gasoil cash premiums drop to lowest since March NEW DELHI: Asia’s cash premiums for 10ppm gasoil dipped to lowest since March 16 on Wednesday amid muted trading ... Published 14 Jul, 2022 05:00am
Markets PMEX daily trading report KARACHI: On Wednesday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 14.117... Published 08 Jul, 2022 05:36am
Markets Oil rises after sell-off but euro stuck at 20-year low, equities drop HONG KONG: Oil prices rose Wednesday after suffering a painful drop the previous day, though the euro remained... Published 06 Jul, 2022 08:57am
Opinion Is sovereign default inevitable? – I Dr Rajendra Prasad, the first President of India, in his book ‘India Divided’, that he penned in 1945 stated ... Published 06 Jul, 2022 05:35am
Markets Oil may collapse to $65 by year-end amid concerns of demand-crippling recession: Citigroup Warning is in stark contrast to JPMorgan Chase where analysts earlier warned global oil prices could reach a 'stratospheric' $380 a barrel Published 05 Jul, 2022 04:04pm
Markets Norway oil and gas workers to strike on Tuesday, cutting output OSLO: Norwegian offshore workers will likely go on strike on Tuesday in a stoppage that will cut oil and gas output... Published 05 Jul, 2022 05:19am
Markets Oil prices reverse losses, gain on tight supply concerns LONDON: Oil rose on Monday as supply concerns driven by lower OPEC output, unrest in Libya and sanctions on Russia... Updated 04 Jul, 2022 07:18pm
Markets JPMorgan warns oil prices could reach ‘Stratospheric’ $380 on worst-case Russian cut A 3 million-barrel cut to daily supplies would push benchmark London crude prices to $190, analysts warn Updated 03 Jul, 2022 07:41pm
World Biden says will see Saudi crown prince, won't push directly on oil MADRID: US President Joe Biden said on Thursday he would see Saudi Arabia's king and crown prince during a visit to... Published 30 Jun, 2022 07:27pm
Markets Oil falls 2% on uncertainty over future OPEC+ output, recession fears NEW YORK: Oil prices sank about 2% on Thursday as OPEC+ confirmed it would only increase output in August as much as... Updated 30 Jun, 2022 09:08pm
BR Research Oil prices: volatility dominates Global crude oil demand bounced back from the pandemic, which meant increase in crude oilproduction in 2021. While... Published 30 Jun, 2022 09:31am
Markets Govt makes a move towards Russian crude import, urges refineries to furnish analysis Development comes after Prime Minister Shehbaz Sharif-led coalition government had started weighing possibility of importing oil and gas from Russia to meet the country’s energy requirements Updated 29 Jun, 2022 06:31pm
Markets Chicago grains rally CHICAGO: Chicago corn futures bounced higher on Tuesday, after a US government crop conditions report showed... Published 29 Jun, 2022 05:44am
Markets Asia’s naphtha markets flip NEW DELHI: Asia’s gasoline crack inched higher on Monday, as tight global supply continued to cause volatility in... Published 28 Jun, 2022 06:10am
Markets Russia considering oil exports from northern port of Murmansk Russia is considering exporting oil via the northern port of Murmansk in the event of limitations on other routes,... Updated 16 Jun, 2022 04:50pm