Iranian oil is offered to India at premium to Brent, sources say Published 23 Mar, 2026 08:15pm Refiners have a month to maximise purchases of oil and liquefied petroleum gas from Iran
Prices fall as Trump postpones strikes on Iran power plants Published 23 Mar, 2026 06:48pm Benchmark Dutch front-month contract at the TTF hub was down 4.14 at 55.12 euros per megawatt hour
US mulls lifting sanctions on Iranian oil at sea Published 20 Mar, 2026 07:03am WASHINGTON: US Treasury Secretary Scott Bessent said Thursday that Washington might lift sanctions on Iranian oil...
PTI criticises govt for hiking oil prices Published 08 Mar, 2026 02:16am ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) on Saturday came down hard on the government for its decision to...
US-Israel war with Iran sends shockwaves through global business Published 07 Mar, 2026 06:09am War could dent global GDP, cause billion-dollar hits to firms
Imminent energy crisis: key challenges Updated 06 Mar, 2026 09:29am EDITORIAL: In the aftermath of the Iran war, which has engulfed the entire GCC (Gulf Cooperation Council) region,...
Russia may halt gas supplies to Europe amid Iran energy spike, Putin says Published 05 Mar, 2026 05:18pm 'I will definitely instruct the government to work on this issue together with our companies,' Putin says
Oil, gas prices soar as conflict escalates Published 03 Mar, 2026 05:24am NEW YORK: Oil and gas prices surged on Monday as Israeli and US strikes on Iran and retaliation by Tehran forced...
US will take action to mitigate oil price spike for Americans, Rubio says Published 03 Mar, 2026 02:29am Oil and gas prices surged on Monday following Israeli and U.S. strikes on Iran and retaliation by Tehran
Oil prices ease on surprise build in US crude stockpiles Published 05 Sep, 2025 05:53am NEW YORK: Oil prices eased about 1percent to a two-week low on Thursday on a surprise build in US crude inventories...
Mian Zahid slams increase in oil and gas prices Published 05 Jul, 2025 05:57am KARACHI: The Chairman of National Business Group Pakistan, the President of the Pakistan Businessmen and...
Oil prices climb 2pc to two-week high Published 13 May, 2025 06:15am NEW YORK: Oil prices climbed about 2% to a two-week high on Monday after the US and China agreed to temporarily ...
Hike in energy rates to hurt economy: PDP Published 03 Jul, 2023 06:04am Karachi: Expressing serious concern over reports of further hike in oil and gas prices following new loan from...
Cyclone Biparjoy: SSGC suspends supply of gas to all industries Updated 14 Jun, 2023 08:00pm Measure aimed at ensuring power supply to consumers
FPCCI chief says govt’s 3.5pc GDP growth target unrealistic Published 11 Jun, 2023 03:55am LAHORE: President Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Irfan Iqbal Sheikh on Saturday...
UK recession risks persist despite brighter growth data Published 03 Apr, 2023 07:35am LONDON: The UK economy performed slightly better than thought in the final quarter of last year, revised data showed...
Magellan Midstream raises cash flow, profit estimates on higher prices Published 09 May, 2022 05:39am HOUSTON: Magellan Midstream Partners LP on Thursday raised its cash flow and profit forecasts for this year as it...
Shell posts record quarterly profit, lifted by energy price surge Published 06 May, 2022 05:03am LONDON: Shell on Thursday reported a record first-quarter profit of $9.13 billion, boosted by higher oil and gas...
Tentative start Updated 29 Apr, 2022 01:41pm The new government has undoubtedly inherited a turbulent economy. The woes are not due only to political ...
US natural gas futures gain Published 04 Mar, 2022 04:37am NEW YORK: US natural gas futures rose about 4% to near a four-week high on Wednesday, gaining some rare support from...
Oil majors face backlash as era of big profits returns Published 14 Feb, 2022 06:47am Soaring energy prices have brought massive profits to oil majors — along with fierce criticism from...
Power generation: Signs of growth Published 25 Jan, 2022 08:05am Having stayed virtually stagnant for two years, Pakistan’s grid electricity generation in 2021 went up by 10.4...
‘Cash machine’ BP boosts share buyback as profit surges Published 03 Nov, 2021 03:54am LONDON: BP added more than a billion dollars to its share buyback programme on Tuesday as it likened itself to a...
2023 elections will be held after 7th census Updated 22 Sep, 2021 09:44am ISLAMABAD: Federal Minister for Information Fawad Chaudhry said on Tuesday that the next general election would be...
Oil prices fall from 6-week highs Published 01 May, 2021 03:28am NEW YORK: Oil prices fell from six-week highs on Friday, as investors unloaded positions after weak Japanese crude...
Exxon posts first profit in five quarters on higher oil prices Published 30 Apr, 2021 04:27pm Net income attributable to Exxon was $2.73 billion, or 64 cents per share, in the first quarter, compared with a loss of $610 million, or 14 cents per share, a year earlier.