Global oil supply disruptions approaching 5-6m bpd NEW YORK: Global oil supply disruptions are approaching 5-6 million barrels per day (bpd), according to Reuters’... Published 30 Mar, 2022 06:08am
Markets Saudi index hits highest level in 16 years as oil prices recover Gulf indexes ended higher on Tuesday, with the Saudi index touching its highest level in 16 years, as tight supplies... Published 29 Mar, 2022 08:11pm
Markets Oil volatility ‘worse’ without OPEC+ bloc that includes Russia: Saudi DUBAI: Volatility on oil markets sparked by Russia’s invasion of Ukraine would be worse without OPEC+, the Saudi... Published 29 Mar, 2022 07:55pm
Markets Asia’s naphtha margin rises; Vitol, Total buy April cargoes NEW DELHI: Asia’s naphtha refining profit margin rose on Monday after falling nearly 34% last week on demand... Published 29 Mar, 2022 06:26am
Markets PMEX daily trading report KARACHI: On Friday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 13.034... Published 29 Mar, 2022 06:26am
Markets Oil slides about 6pc on concerns of weaker Chinese demand NEW YORK: Oil prices tumbled nearly 6% on Monday after China’s financial hub of Shanghai launched a lockdown to... Published 29 Mar, 2022 05:49am
Markets Oil slides on concerns of weaker Chinese demand LONDON: Oil prices tumbled more than $9 on Monday as fears grew over weaker fuel demand in China after financial hub... Updated 28 Mar, 2022 08:05pm
Markets Oil rebounds after reports of fire at Aramco oil facility NEW YORK: Oil prices turned positive on Friday after reports of a missile strike and a fire at Saudi Arabia’s... Published 26 Mar, 2022 04:13am
Markets Oil prices up, rebound after Aramco oil facility attacked HOUSTON: Oil prices rose on Friday, rebounding from early losses as traders rushed to buy after a missile attack hit... Updated 25 Mar, 2022 10:26pm
Markets Banks weigh on Indian shares; Zee Entertainment soars BENGALURU: Indian shares ended marginally lower on Thursday, pulled down by heavyweight bank stocks, while... Published 25 Mar, 2022 05:47am
Markets Oil prices, stock markets steady after recent volatility LONDON: Oil prices and stock markets steadied Thursday, as Western leaders gathered for emergency summits in... Published 24 Mar, 2022 06:03pm
Markets Oil prices steady as Western leaders meet over Ukraine crisis LONDON: Oil prices were steady on Thursday as the U.S. president met other Western leaders and investors waited to... Updated 24 Mar, 2022 06:27pm
Markets Raw sugar rises on crude oil gains, cocoa also climbs LONDON: Raw sugar futures rose on Wednesday, boosted by sharp gains in crude oil and many other commodity markets,... Published 24 Mar, 2022 05:36am
Markets Oil jumps in volatile trade amid CPC pipeline disruption LONDON: Oil prices rose in volatile trading on Wednesday, supported by disruption to Russian and Kazakh crude... Updated 23 Mar, 2022 08:17pm
Business & Finance How Russia's war in Ukraine rocked global economy PARIS: In a month of conflict in Ukraine, global oil prices have soared, foreign companies have exited Russia and... Updated 23 Mar, 2022 11:26am
Markets China to boost renewable power, balance with oil and gas to 2025 BEIJING: China aims to increase renewable power, maintain crude oil output and boost natural gas production, as it... Published 23 Mar, 2022 04:58am
Markets PMEX daily trading report KARACHI: On Monday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 12.584... Published 23 Mar, 2022 04:58am
Markets Oil rises towards $116 as EU weighs Russian ban LONDON: Oil rose towards $116 a barrel on Tuesday, adding to a 7% surge the previous day, supported by supply risks... Updated 22 Mar, 2022 06:22pm
Markets Asia’s gasoline margin falls as crude oil jumps NEW DELHI: Asia’s gasoline markets came under pressure on Monday, after crude oil benchmarks climbed on fears of... Published 22 Mar, 2022 05:21am
Markets Raw sugar futures climb as crude oil gains LONDON: Raw sugar futures rose on Monday supported by gains in crude oil and other commodities, although an ... Published 22 Mar, 2022 05:21am
Markets EU to mull Russian oil embargo with Biden set to join talks BRUSSELS: European Union governments will consider whether to impose an oil embargo on Russia over its invasion of... Published 21 Mar, 2022 12:45pm
Markets Oil prices up more than $4 as EU considers Russian oil ban LONDON: Oil prices jumped by more than $4 on Monday, with Brent crude climbing above $111 a barrel, as European ... Updated 21 Mar, 2022 07:05pm
Markets US oil may test resistance at $107.66 SINGAPORE: US oil may test a resistance at $107.66 per barrel, a break above which could lead to a gain to... Published 18 Mar, 2022 11:59am
Markets Oil prices headed for weekly loss, but stay well above $100/bbl LONDON: Oil prices were set for a second straight weekly loss, but found a floor above $100 a barrel on Friday after... Updated 18 Mar, 2022 07:04pm
World UK very disappointed with India’s stance on Ukraine LONDON: Britain is very disappointed with India’s stance on Russia’s invasion of Ukraine, trade minister Anne-Marie... Published 17 Mar, 2022 07:36pm
Markets Brent oil may fall to $92.97 SINGAPORE: Brent oil may fall to $92.97 per barrel, as it has resumed its downtrend. The resumption was confirmed by... Published 17 Mar, 2022 09:52am
Markets Oil surges 7% amid warnings of Russian supply shortages LONDON: Oil prices climbed over 7% on Thursday after the International Energy Agency (IEA) said three million ... Updated 17 Mar, 2022 09:17pm
Markets ICE canola falls CHICAGO: ICE canola futures dropped on Tuesday, dragged down by a selloff in crude oil and soybeans after rising... Published 17 Mar, 2022 04:53am
Markets US oil may bounce towards $104.50 SINGAPORE: US oil may bounce towards $104.50, as it has stabilised around a support zone of $94.80-$96.47 per... Published 16 Mar, 2022 10:11am
Markets ICE canola futures dip on Russia-Ukraine talks CHICAGO: ICE canola futures dipped on Monday and halted a five-day winning streak, as talks continued between Russia... Published 16 Mar, 2022 05:40am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?