Trends - fuel - Business Recorder

Business & Finance

Chevron posts loss on weak refining

HOUSTON: US oil major Chevron Corp on Friday swung to a surprise $11 million fourth-quarter loss as low margins on...

Published 08 Feb, 2021 03:46am

Business & Finance

MOSCOW: Russian mining giant Norilsk Nickel on Friday was fined nearly $2 billion after one of its subsidiaries...

Published 07 Feb, 2021 04:07am

Markets

MELBOURNE: Australia aims to speed up and coordinate efforts by scientists and small- and medium-sized businesses to...

Published 01 Feb, 2021 03:39am

Pakistan

The chief minister apprised the minister about the development of ongoing energy projects in GB to maintain the fuel and electricity requirement of the area.

Updated 31 Dec, 2020 12:02am

Markets

Brent crude was up 44 cents, or 0.9%, at $51.30 a barrel by 1650 GMT, while U.S. West Texas Intermediate (WTI) crude futures added 51 cents, or 1.1%, to $48.13 a barrel.

Published 30 Dec, 2020 12:39am

Business & Finance

The Oil and Gas Regulatory Authority (OGRA) has recommended an increase in fuel prices from 1st January 2021.

Updated 28 Dec, 2020 01:21pm

Pakistan

“The contents of the inquiry report are yet to be proved with sustainable evidence, a matter is still sub-judice in the Lahore High court (LHC),” he said in a press statement.

Published 19 Dec, 2020 09:02pm

Markets

Total fuel demand fell 3.7% on year after registering its first year-on-year increase since February in October, as manufacturing and services slowed with consumers staying indoors to avoid getting infected by the novel coronavirus.

Published 14 Dec, 2020 10:55am

Markets

Consumption of refined fuels, a proxy for oil demand, rose 7.2% in September from the prior month to 15.47 million tonnes.
Demand in August was the weakest since April, hurt by a throttling of economic activity and transport due to restrictions.

Updated 10 Oct, 2020 12:12am