Govt fuel oil imports hit 4-yr high as it struggles to buy LNG SINGAPORE: Pakistan’s monthly fuel oil imports are set to hit a four-year high in June, Refinitiv data showed, as... Published 28 Jun, 2022 06:10am
World EU bans most Russian oil, sanctions alleged Putin girlfriend BRUSSELS: The EU formally adopted a ban on most Russian oil imports on Friday, hitting Moscow with its toughest... Published 04 Jun, 2022 04:18am
Markets VLSFO market buoyed by tight supplies SINGAPORE: Asia’s very low sulphur fuel oil (VLSFO) market remained firm on Tuesday, buoyed by tight supplies amid... Published 01 Jun, 2022 05:53am
Markets EU agrees gradual Russian oil embargo, gives Hungary exemptions BRUSSELS: European Union leaders have agreed an embargo on Russian oil imports that will kick in around the turn of... Published 31 May, 2022 09:51pm
Markets Gasoil cash premiums rise, cracks hit over 3-week high SINGAPORE: Asia’s cash premiums for 10 ppm gasoil rose on Monday, supported by firmer buying interests in the... Published 31 May, 2022 05:11am
Print India’s imports of cheap Russian crude surge NEW DELHI: India has received 34 million barrels of discounted Russian oil since Moscow invaded Ukraine on Feb. 24,... Published 31 May, 2022 05:11am
Business & Finance Ban on luxury items’ import welcomed: BMP chief advocates controlling burgeoning food import bill LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) Chairman Mian Anjum... Published 22 May, 2022 06:03am
Markets Oil jumps to 7-wk high, then dips on hopes for Venezuela supply NEW YORK: Oil prices jumped over $115 a barrel on Tuesday, their highest in about seven weeks, as the European Union... Published 18 May, 2022 05:54am
Opinion Hungary holds up EU plan to ban Russian oil The European Union’s hopes to quickly impose a ban on Russian oil imports could be dashed after Hungary demanded... Published 15 May, 2022 05:35am
Markets China oil imports rebound in April SINGAPORE: China’s crude oil imports grew nearly 7% in April from the same month a year earlier, its first rise in... Published 11 May, 2022 04:58am
Markets China’s Iranian oil imports ease on poor margins, lure of Russian oil SINGAPORE/LONDON: China’s Iranian oil imports in April came off peak volumes seen in late 2021 and early 2022 as... Published 10 May, 2022 05:10am
Business & Finance Pakistan Petroleum begins oil & gas production from DS X-1 well Says it is an operator of the Dhok Sultan Block in Punjab and holds 75% working interest in it Published 06 May, 2022 12:46pm
Markets US natgas soars to near 14-year high on oil rally, hot weather view U.S. natural gas futures hit their highest in nearly 14 years tracking a rally in oil prices on the European Union’s... Published 04 May, 2022 08:10pm
Markets India's oil imports from US to rise, amid criticism for Russian purchases NEW DELHI: India's oil imports from the United States will rise by 11% this year, officials said on Saturday, as the... Updated 19 Mar, 2022 01:55pm
Markets China’s oil imports in Nov from Saudi Arabia fall BEIJING: China’s crude oil imports from Saudi Arabia in November fell 13% from a year earlier, but the kingdom... Published 21 Dec, 2021 04:14am
Markets US has reached out to China about cutting oil imports from Iran WASHINGTON/PARIS: The United States has reached out to China diplomatically about reducing its purchases of Iranian... Published 30 Sep, 2021 04:15am
Markets India’s edible oil imports seen at lowest in six years MUMBAI: India’s imports of edible oil could fall to their lowest in six years, contracting for a second straight... Published 09 Sep, 2021 03:56am
Markets Asia's crude oil imports stage gentle recovery in Aug LAUNCESTON, (Australia): Asia has been the laggard of crude oil demand growth this year, but the world's... Published 27 Aug, 2021 04:52am
Markets Middle East's share of India's oil imports hits 25-month low Mideast share falls to 52.7% in May from 67.9% in April Saudi volumes drop 25% in May YoY; UAE down 39% Latam, U.S., Med crude partly replaced Mideast supplies Published 24 Jun, 2021 10:58am
Markets China's Saudi oil imports plunge 21% Imports from second-largest supplier Russia also dropped from a month earlier, to 5.44 million tonnes, or 1.28 million bpd. Published 20 Jun, 2021 05:34pm
Markets OPEC’s share of Indian oil imports plunges NEW DELHI: OPEC’s share of India’s oil imports fell to the lowest in at least two decades in the year to the end... Published 04 May, 2021 04:26am
Business & Finance Riding on new policy Pakistan’s refining capacity to register significant growth The expectation comes on the back of a new oil refinery policy, which is under works and offers incentives for existing up-gradation projects and new refineries as well. Published 30 Apr, 2021 11:53am
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees