Oil up nearly 2pc as weaker dollar offsets China concerns NEW YORK: Oil prices rose on Tuesday, recouping losses from the previous session, on optimism that China, the... Published 02 Nov, 2022 04:37am
Markets Oil falls on China Covid curbs and weak factory data LONDON: Oil prices fell on Monday after weaker than expected factory activity data out of China and on concerns that... Published 01 Nov, 2022 05:55am
Markets OPEC+ ‘only a phone call away’ if markets need balancing: UAE minister ABU DHABI: The United Arab Emirates’ energy minister said on Monday that OPEC+ was always willing to balance crude... Published 31 Oct, 2022 07:26pm
World Saudi Q3 GDP grows 8.6%, boosted by higher oil prices DUBAI: Saudi Arabia’s gross domestic product expanded by 8.6% in the third quarter compared with the same period in... Published 31 Oct, 2022 07:12pm
Markets OPEC raises long-term oil demand view, calls for investment ABU DHABI: OPEC raised its forecasts for world oil demand in the medium-and longer-term in an annual outlook... Published 31 Oct, 2022 05:46pm
Markets Rupee ends depreciation run, settles with 0.72% gain against US dollar Experts attribute reversal in rupee's trajectory to Ishaq Dar's recent statements on curbing currency manipulation Updated 31 Oct, 2022 07:43pm
Markets Oil prices down 2% as China widens COVID curbs NEW YORK: Oil prices slid about 2% on Friday after top crude importer China widened its COVID-19 curbs, though the... Updated 28 Oct, 2022 08:57pm
Markets Rupee records 3rd successive loss, settles at 222.47 against US dollar Since October 13, the currency has lost Rs4.09 against the US dollar Updated 28 Oct, 2022 08:53pm
Markets Oil jumps 3pc on record high US crude exports NEW YORK: Oil prices surged about 3% on Wednesday, bolstered by record US crude exports and as the nation’s... Published 27 Oct, 2022 05:54am
Markets Rupee registers back-to-back gains, settles at 220.41 against US dollar Currency appreciates 0.20% as market sentiments improve after Pakistan's removal from the FATF grey-list Updated 24 Oct, 2022 06:57pm
Markets Rupee seen stable around 221, finishes with marginal loss Cumulatively, currency has lost Rs3.16 against the US dollar in the last seven trading sessions Updated 20 Oct, 2022 09:25pm
Markets 5th successive decline: rupee settles at 219.71 against US dollar Cumulatively, the currency has lost Rs1.92 against the US dollar in the last five trading sessions Updated 18 Oct, 2022 09:12pm
Markets 4th successive decline: rupee settles at 218.89 against US dollar Depreciates 0.21% in inter-bank market on Monday Updated 17 Oct, 2022 07:45pm
Markets Asia fuel oil cash differentials ease SINGAPORE: Asia’s fuel oil cash differentials eased on Wednesday, while inventories at Fujairah climbed to their... Published 13 Oct, 2022 05:59am
Markets OPEC decision to cut output could hurt Pakistan's economy The group is motivated to keep prices higher in order to shore up fiscal revenues of member countries, says brokerage house AKD Securities Updated 06 Oct, 2022 11:13pm
Markets Asian currencies gain on weak dollar, renewed risk appetite Most Asian currencies gained on Thursday, helped by a pullback in the US dollar and the return of some risk appetite... Published 06 Oct, 2022 01:08pm
Markets 10th straight gain: Rupee settles below 222 Cumulatively, the rupee has appreciated Rs17.76 or 8% against the US dollar in the past ten sessions as run of strength continues Updated 06 Oct, 2022 11:07pm
Opinion After the ‘oil price closet of anxieties’ Finance Minister Ishaq Dar sure looked pretty and no doubt also felt very good as he cut oil prices to announce his... Published 06 Oct, 2022 05:59am
Markets Eighth consecutive gain: Rupee continues its merry way against US dollar Currency has cumulatively appreciated Rs14.06 or 6.23% in the last eight sessions Updated 04 Oct, 2022 09:30pm
Markets Seventh straight gain: Pakistan's rupee up over 0.5% against US dollar Settles at 227.29 in the inter-bank on Monday Updated 03 Oct, 2022 06:53pm
Markets Saudi Arabia may raise Nov official crude prices for Asia SINGAPORE: Top oil exporter Saudi Arabia may raise prices for most crude grades it sells to Asia in November on... Published 03 Oct, 2022 10:57am
Markets 6th successive gain: Rupee closes the week at 228.45 against US dollar Registers 0.52% gain in inter-bank market on Friday Updated 30 Sep, 2022 05:39pm
Markets Fifth successive gain: Pakistan's rupee appreciates nearly 1.1% against US dollar Cumulatively, currency has gained 4.3% in the last five trading sessions Updated 29 Sep, 2022 05:42pm
Markets Appreciation run continues: Pakistan's rupee gains another 0.77% against US dollar Cumulatively, the currency has gained over 3% in the last four trading sessions Updated 28 Sep, 2022 06:20pm
Markets Pakistan's rupee registers third successive gain, appreciates 1.3% against US dollar Fall in oil prices and bullish sentiment over Dar's return drive appreciation Updated 27 Sep, 2022 08:25pm
Markets Sentiment-driven: Pakistan's rupee closes with considerable gain against US dollar Registers 1.1% appreciation on Monday, settles at 237.02 in inter-bank market Updated 26 Sep, 2022 09:05pm
Markets Oil rises on Russian supply concerns NEW YORK: Oil rose on Thursday in volatile trading focused on Russian oil supply concerns and as the Bank of England... Published 23 Sep, 2022 05:50am
Markets Rupee approaches all-time low again, closes at 239.65 against US dollar Cumulative depreciation in 14 sessions clocks in at 8.8% Dollar being sold for Rs245.4 in open market, according to ECAP data Updated 21 Sep, 2022 06:43pm
Markets Rupee's depreciation run continues as cumulative fall since Sep 1 hits 8.5% Rupee settles at 238.91 against US dollar in inter-bank market, loses value for 13th successive session Updated 20 Sep, 2022 08:12pm
Markets Rupee inches close to historic low, settles at 237.91 against US dollar Cumulative depreciation in the past 12 sessions goes to 8.1% Updated 19 Sep, 2022 09:36pm