Oil: Can the selloff sustain? It took no less than a full-blown banking crisis for international oil markets to extend losses for well over a ... Published 20 Mar, 2023 07:37am
Markets Pakistan to receive first cargo of Russian crude in April: Musadik Malik Pakistan will receive one-third of its crude oil imports from Russia at concessional rate, says minister for petroleum Updated 17 Mar, 2023 05:04pm
Markets Gasoil trading liquidity improves SINGAPORE: Asia’s 10-ppm sulphur gasoil trading liquidity picked up after a myriad of sellers emerged to offload... Published 17 Mar, 2023 06:15am
Markets PMEX daily trading report KARACHI: On Wednesday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 31.194... Published 17 Mar, 2023 06:15am
Markets Saudi January crude exports hit three-month high Saudi Arabia’s crude oil exports rose nearly 3% in January to a three-month high, data from the Joint Organisations... Published 16 Mar, 2023 06:46pm
Markets Kuwait to cut crude supplies to some Asian refiners as Al Zour refinery ramps up NEW DELHI: Kuwait has asked some Asian refiners to take less oil under their annual deals as the OPEC producer hopes... Published 15 Mar, 2023 05:13pm
Markets PMEX daily trading report KARACHI: On Monday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 33.332... Published 15 Mar, 2023 06:01am
Markets PMEX daily trading report KARACHI: On Friday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 22.672... Published 14 Mar, 2023 03:18am
Markets Asia’s naphtha refining profit plunges NEW DELHI: Asia’s naphtha refining profit plunged to its lowest level since Feb. 1 on Monday, mirroring the... Published 14 Mar, 2023 03:18am
Markets Aramco’s Nasser says oil market tightly balanced DUBAI: Aramco’s chief executive Amin Nasser said on Sunday the market would remain tightly balanced in the short to... Published 12 Mar, 2023 07:09pm
Markets Oil prices set for 5% weekly drop on US rate hike jitters LONDON: Oil fell for a fourth session on Friday, heading for its biggest weekly loss in five weeks on worries about... Updated 10 Mar, 2023 06:44pm
BR Research ATRL in 1HFY23 Attock Oil Group’s refinery, Attock Refinery Limited (PSX: ATRL) in its latest announcement for its financial... Published 10 Mar, 2023 08:39am
Markets Gasoil margins little changed but prompt buyers emerge SINGAPORE: Asia’s 10-ppm sulphur gasoil margins were little changed at $25.06 a barrel, fluctuating in the $1 a... Published 08 Mar, 2023 06:20am
Markets PMEX daily trading report KARACHI: On Monday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 13.142... Published 08 Mar, 2023 06:20am
Markets US wants hike in global crude output, including from OPEC: official HOUSTON: The United States wants to see a hike in oil production, including from OPEC countries, said a senior State... Published 07 Mar, 2023 01:14pm
Markets China’s Jan-Feb crude oil imports at 84.06mn tonnes, down 1.3% on year BEIJING: China imported 84.06 million tonnes of crude oil in January and February this year, representing a 1.3%... Published 07 Mar, 2023 10:47am
Business & Finance India raises crude oil windfall tax, cuts diesel export tax NEW DELHI: India raised its windfall tax on crude oil marginally while cutting the tax on exports of diesel,... Published 05 Mar, 2023 03:36am
Markets PMEX daily trading report KARACHI: On Tuesday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 17.226... Published 02 Mar, 2023 06:23am
Markets US crude stockpiles rise for tenth consecutive week: EIA US crude oil inventories rose for the 10th week in a row, surging to their most since May 2021, but record US... Published 01 Mar, 2023 09:10pm
Markets PMEX daily trading report KARACHI: On Monday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 16.386... Published 01 Mar, 2023 06:21am
Markets Gasoil margins up as some buyers make a comeback SINGAPORE: Asia’s 10 ppm sulphur gasoil margins opened the week firmer by 7% to $24.22 per barrel, compared with... Published 28 Feb, 2023 06:15am
Markets PMEX daily trading report KARACHI: On Friday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 22.134... Published 28 Feb, 2023 06:15am
Markets Oil gains as Russian output cuts offset rising U.S. inventories LONDON: Oil prices extended gains for a second session on Friday as the prospect of lower exports from Russia offset... Updated 24 Feb, 2023 06:27pm
Markets Oil prices rise, but US inventories weigh NEW YORK: Oil prices jumped more than 2 percent on Thursday but then pared gains as a much sharper rise than ... Published 24 Feb, 2023 06:00am
Markets PMEX daily trading report On Wednesday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 18.222 billion and... Published 24 Feb, 2023 06:00am
Markets Oil prices firm, but rise in US inventories looms LONDON: Oil prices firmed on Thursday after Brent crude posted its biggest one-day loss for seven weeks in the... Updated 23 Feb, 2023 06:02pm
Markets Oil falls on fuel demand worries ahead of U.S. Fed comments LONDON: Oil prices fell on Wednesday as concerns about fuel demand were stoked by expectations minutes of the U.S.... Updated 22 Feb, 2023 08:37pm
Markets Tanzania approves controversial $3.5bn oil pipeline DAR ES SALAAM: Tanzania’s government gave its approval on Tuesday for the construction of a $3.5 billion crude oil... Published 21 Feb, 2023 07:15pm
Markets Saudi crude exports rise in December from a five-month low Saudi Arabia’s crude oil exports rose in December after falling to a five-month low the previous month, data from... Published 20 Feb, 2023 09:19pm
Markets CBOT soyabean futures firm ahead of long weekend CHICAGO: Chicago Board of Trade soybean futures inched higher on Friday on light positioning ahead of a three-day US... Published 19 Feb, 2023 03:19am