New Zealand reduces fuel excise duty as petrol prices soar WELLINGTON: New Zealand’s government said on Monday it would reduce the fuel excise tax and halve public transport... Published 14 Mar, 2022 10:26am
World World heading for 1973-type energy shock: French minister PARIS: The spike in energy prices caused by Russia’s war in Ukraine will produce effects comparable to the 1973 oil... Published 09 Mar, 2022 03:11pm
Markets Asia Distillates: Gasoil cash premiums, cracks surge to record highs SINGAPORE: Asia’s cash premiums for 10 ppm gasoil climbed for a seventh straight session on Monday, surging to a... Published 08 Mar, 2022 05:15am
Business & Finance Airlines use hedging, fuel surcharges to offset some pain as oil surges The price of oil has surged to its highest level since 2008 after Russia's invasion of Ukraine, adding to airline... Updated 07 Mar, 2022 08:20pm
Markets Oil rebounds on escalating Ukraine conflict SINGAPORE: Oil prices rebounded on Friday as fears of Western sanctions that could disrupt Russian oil exports... Updated 04 Mar, 2022 03:39pm
Markets European equities fall, as oil flirts with $120 LONDON: European stocks slid and oil flirted with $120 per barrel Thursday as conflict raged in Ukraine. The euro... Published 03 Mar, 2022 05:53pm
Markets Oil prices soar 8% as Ukraine conflict stokes supply concerns NEW YORK: Oil prices surged 8% on Tuesday as talks about a coordinated global crude stocks release failed to calm... Updated 01 Mar, 2022 09:29pm
Markets OPEC+ trims forecast for 2022 oil market surplus in latest data LONDON: OPEC+ revised down its forecast for the 2022 oil market surplus by about 200,000 barrels per day (bpd) to ... Published 27 Feb, 2022 06:11pm
Markets Against USD: Rupee closes at over 176 as Russia-Ukraine tensions escalate Amid escalation in geopolitical tension, Pakistan's rupee closed above the 176 level against the US dollar after... Updated 22 Feb, 2022 07:37pm
Markets Russia-Ukraine tensions raise inflation concerns for Pakistan Oil price and energy markets' rally is bad news for a net importer like Pakistan Updated 22 Feb, 2022 05:18pm
Markets Rupee falls near 176 against US dollar Depreciates 0.27% in inter-bank market on Friday Updated 18 Feb, 2022 08:29pm
BR Research Petrol pricing: ‘Hope’ — the last option The government circles have shown surprise over the reaction on the recent petroleum price hike. The merits of the... Published 17 Feb, 2022 10:30am
Markets Low volume: KSE-100 ends marginally negative after range-bound session Value of shares traded also records substantial drop on Wednesday Published 16 Feb, 2022 06:56pm
Markets Oil slumps from 7-year high as Russia says withdraws some troops NEW YORK: Oil tumbled over 4% from a seven-year high on Tuesday after Russia said some of its military units were... Published 16 Feb, 2022 06:20am
Markets Asia Distillates: Jet fuel cracks, cash premiums slip SINGAPORE: Asian refining margins for jet fuel dipped on Tuesday but remained within close sight of a more than... Published 16 Feb, 2022 06:20am
Markets Oil rises on falling US stockpiles but Iran talks weigh LONDON: Oil prices rose on Thursday after rallying on an unexpected drop in US crude inventories in the previous... Published 10 Feb, 2022 07:08pm
Markets Oil slips from seven-year high ahead of more US, Iran talks LONDON: Oil slipped to around $91 a barrel on Tuesday ahead of the resumption of indirect talks between the United... Published 08 Feb, 2022 09:50pm
Markets Spanish oil major Repsol looking to sell parts of its Canadian assets BENGALURU: Spanish oil major Repsol SA is considering putting some of its Canadian assets for sale later this year ... Published 08 Feb, 2022 06:10am
BR Research Oil price extravaganza The recent hike in international crude oil prices has been a mix of fundamentals and geopolitics. Brent crude oil... Published 02 Feb, 2022 07:47am
Markets Oil steady as geopolitical risks offset by OPEC+ supply plans LONDON: Oil prices were steady on Monday, with Eastern Europe and Middle East political issues offsetting... Published 31 Jan, 2022 09:19pm
Print Oil breaks $90 for first time since 2014 NEW YORK: Oil touched $90 a barrel for the first time in seven years on Wednesday, supported by tight supply and... Updated 27 Jan, 2022 09:27am
Markets Oil breaks $90/bbl for the first time since 2014 on Russia tensions NEW YORK: Oil touched $90 a barrel for the first time in seven years on Wednesday, supported by tight supply and... Updated 26 Jan, 2022 09:55pm
Markets US oil CEOs offer opposing views on crude output growth HOUSTON: The chiefs of major US oil companies Occidental Petroleum Corp and ConocoPhillips offered differing ... Published 25 Jan, 2022 05:03am
Markets Oil prices slip from 2014 highs, supply concerns limit losses LONDON: Oil slipped on Thursday on indications of rising US stocks and as investors took profits after a recent ... Published 20 Jan, 2022 08:25pm
Markets Oil tops $83, as Omicron impact expected to be short lived Oil rose to more than $83 a barrel on Tuesday, supported by tight supply and expectations that rising coronavirus... Published 11 Jan, 2022 10:33pm
Markets Libya oil fields back online after 3-week shutdown TRIPOLI: Production has resumed at four key oil fields in war-torn Libya after a three-week shutdown by gunmen ... Published 11 Jan, 2022 07:00pm
Markets Oil rises to $82 as demand recovery seen on track LONDON: Oil rose to around $82 a barrel on Tuesday, supported by tight supply and hopes that rising coronavirus ... Published 11 Jan, 2022 05:40pm
Markets Oil price steady, Kazakh turmoil adds to supply concerns LONDON: Oil prices held steady on Friday, heading for their biggest weekly gains since mid-December as unrest in... Published 08 Jan, 2022 03:59am
Markets Oil price rises close to $80 ahead of OPEC+ meeting LONDON: Oil prices rose on Tuesday as investors expected OPEC+ producers meeting on output to stick with their... Published 04 Jan, 2022 06:21pm
Markets Oil rises above $78 on optimism about 2022 outlook Oil rose above $78 a barrel on Monday, supported by tight supply, a strong U.S. dollar, and hopes of a further ... Published 03 Jan, 2022 11:16pm
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?