Completing the petroleum value chain Petroleum products, including crude oil, have the highest share in Pakistan’s external trade. Approximately 20% of... Published 16 Feb, 2024 06:02am
Markets Oil demand growth slowing as non-OPEC supply expands, says IEA LONDON: Global oil demand growth is losing momentum, the International Energy Agency (IEA) said on Thursday as it... Updated 15 Feb, 2024 05:27pm
BR Research Pakistan Oilfields Limited The Attock Oil Company Limited (AOC) subsidiary Pakistan Oilfields Limited (PSX: POL) is involved in the... Published 15 Feb, 2024 08:29am
Markets Oil rises on Middle East tensions, interest rates curb gains HOUSTON: Oil prices rose on Tuesday as tensions in the Middle East stoked future supply concerns, but gains were... Updated 13 Feb, 2024 09:36pm
Markets PMEX daily trading report KARACHI: On Friday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 15.562... Published 13 Feb, 2024 05:59am
Markets Iraq committed to OPEC, will not produce more than 4mn bpd: minister BAGHDAD: Iraq is committed to OPEC decisions and after its second voluntary cut announced in December it is also... Published 12 Feb, 2024 05:02pm
Markets Oil slips after rally last week on Middle East, tight supply LONDON: Oil prices slipped on Monday as investors indulged in some profit-taking after both benchmarks ended last... Updated 12 Feb, 2024 08:45pm
Markets PMEX daily trading report KARACHI: On Thursday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR19.619... Published 11 Feb, 2024 05:35am
Business & Finance Oil heads for weekly gain NEW YORK: Oil prices were on track for gains of 6% on a week-on-week basis amid persistent tensions in the Middle... Published 10 Feb, 2024 05:48am
Markets Oil rises 1%, heads for weekly gain as Middle East conflict rages LONDON: Oil prices rose on Friday and were on track for gains of almost 7% week-on-week, amid persistent tensions in... Updated 09 Feb, 2024 09:25pm
Markets Oil up 2% on Gaza ceasefire rejection and US fuel stocks data Wider Middle East tensions have kept the market on edge since October, with limited progress in talks to end the Gaza conflict Updated 08 Feb, 2024 11:57pm
Print International oil suppliers: New procedure for import of crude oil, other POL products ISLAMABAD: The Federal Board of Revenue (FBR) Wednesday issued a new procedure for the international oil suppliers... Updated 08 Feb, 2024 09:58am
Markets Oil set for weekly loss despite OPEC+ output decision LONDON: Oil prices dipped slightly on Friday despite the OPEC+ group’s decision to leave its production policy... Updated 02 Feb, 2024 06:59pm
Pakistan PML-N leader for importing crude oil from Russia LAHORE: The Pakistan Muslim League-Nawaz (PML-N) senior leader Mussadiq Malik said on Thursday that cheap crude oil... Published 02 Feb, 2024 05:20am
Markets Oil slips on China economic headwinds LONDON: Oil prices edged lower on Tuesday, extending a more than 1% drop in the previous session on China’s economic... Updated 30 Jan, 2024 08:31pm
Print Third parties on commercial basis: CCI approves 25pc hike in sale price of gas ISLAMABAD: A meeting of the Council of Common Interests (CCI) has approved increase in sale price of natural gas to... Updated 30 Jan, 2024 09:46am
Markets Oil dips in choppy trade amid China economic concerns, Middle East tensions LONDON: Oil prices dipped on Monday in choppy trade as China’s ailing property sector sparked demand worries, while... Updated 29 Jan, 2024 08:11pm
Markets PMEX daily trading report KARACHI: On Wednesday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR25.875... Published 28 Jan, 2024 02:43am
Markets Oil eases slightly on mixed supply cues, geopolitical tensions LONDON: Oil prices eased slightly on Tuesday as traders weighed simmering geopolitical tensions in several regions... Updated 23 Jan, 2024 04:32pm
Business & Finance Saudi’s SABIC gives go-ahead for $6.4bn China petrochemical plant BEIJING: Saudi Basic Industries Corp (SABIC) will go ahead with building a petrochemical complex in southeastern... Published 23 Jan, 2024 05:14am
Markets Saudi Arabia’s November crude exports hit 5-month high Saudi Arabia’s crude oil exports in November climbed to their highest level in five months and marked a third... Published 22 Jan, 2024 06:32pm
Markets Asian shares bounce on global tech rally, yen loser of the week SYDNEY: Asian shares bounced on Friday, buoyed by a rally in regional chipmakers, while the yen was set to end the... Published 19 Jan, 2024 09:59am
Markets Malaysian palm oil ends at nearly two-month peak on robust China demand KUALA LUMPUR: Malaysian palm oil futures rose on Thursday to their highest closing in nearly two months, buoyed by... Published 19 Jan, 2024 05:37am
Markets China’s 2023 oil refinery output rises to record on fuel demand recovery BEIJING: China’s oil refinery throughput in 2023 rose 9.3% from a year earlier to a record, reversing a rare decline... Published 17 Jan, 2024 11:08am
Markets China’s record crude, coal, iron ore imports don’t tell the whole story: Russell LAUNCESTON: China’s imports of crude oil, coal and iron ore all soared to record highs in 2023, but this seemingly... Published 15 Jan, 2024 02:13pm
Markets Oil drops more than 1% despite Middle East conflict LONDON: Oil prices lost more than 1% on Monday as the Middle East conflict’s limited impact on crude output prompted... Updated 15 Jan, 2024 08:39pm
Markets China’s 2023 crude oil imports hit record as fuel demand recovers China’s annual crude oil imports hit an all-time high in 2023, customs data showed on Friday, as fuel demand... Published 12 Jan, 2024 10:35am
Markets PMEX daily trading report KARACHI: On Tuesday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 20.760... Published 11 Jan, 2024 06:15am
Markets Oil prices fall after surprise US storage build NEW YORK: Oil prices fell on Wednesday after a surprise jump in US crude stockpiles raised worries about demand in... Published 11 Jan, 2024 06:15am
Markets Oil extends gains on Middle East supply worries LONDON: Oil rose by about 1% on Thursday, extending gains on concerns over Middle Eastern supply after disruptions... Updated 04 Jan, 2024 05:51pm
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?