Oil prices likely to fall after Israel shows restraint in strikes on Iran SINGAPORE/LONDON: Oil prices are expected to fall when trading resumes on Monday as Israel’s retaliatory strike on... Updated 27 Oct, 2024 01:57pm
Markets Oil prices up HOUSTON: Oil prices settled higher on Friday and gained 4% on the week, with investors taking stock of the ongoing... Published 27 Oct, 2024 02:44am
Markets Oil set for 3% weekly gain, investors weigh Middle East risk HOUSTON: Oil prices were on track to gain around 3% on the week as Friday’s prices ticked up, with investors taking... Updated 25 Oct, 2024 09:43pm
Markets Oil prices fall on uncertainty NEW YORK: Oil prices fell by about 1% in volatile trade on Thursday on worries that slow economic growth in Europe... Published 25 Oct, 2024 06:28am
Markets Oil rises as Middle East war rages NEW YORK: Oil prices rose for the second consecutive session on Tuesday, as traders downplayed hopes of a Middle ... Updated 23 Oct, 2024 07:59am
Markets Oil rises as Middle East war rages, traders focus on falling inventories NEW YORK: Oil prices rose for the second consecutive session on Tuesday, as traders downplayed hopes of a Middle... Updated 22 Oct, 2024 09:54pm
Markets Oil prices gain 2pc, recouping some of last week’s loss HOUSTON: Oil prices rose nearly 2 percent on Monday, recouping some of last week’s more than 7% decline, with no... Published 22 Oct, 2024 06:33am
BR Research POL 1QFY25 – Profits hit by exploration costs The overall oil and gas E&P sector is expected to see a decline in profitability during 1QFY25, largely due to... Published 21 Oct, 2024 09:15am
Markets Oil prices fall, on track for 8% weekly decline on China demand woes HOUSTON: Oil futures fell on Friday and were on track for a weekly drop of 8% after data showed China’s economic... Updated 18 Oct, 2024 08:53pm
Markets Oil prices lower NEW YORK: Oil prices were down slightly on Thursday as investors waited on developments in the Middle East, while... Published 18 Oct, 2024 06:10am
Markets Oil prices hold near 2-week NEW YORK: Oil prices held near a two-week low on Wednesday after dropping about 7% over the prior three days on... Published 17 Oct, 2024 06:34am
Markets Oil prices plunge 4pc HOUSTON: Oil prices tumbled more than 4% to a near two-week low on Tuesday due to a weaker demand outlook and after ... Published 16 Oct, 2024 06:58am
Print Petrol’s price remains unchanged; diesel’s hiked ISLAMABAD: The government Tuesday increased the price of high speed diesel (HSD) up to Rs 5 per liter effective from... Updated 16 Oct, 2024 03:43pm
Pakistan Govt keeps petrol price unchanged, increases diesel’s by Rs5 per litre New prices come into effect from October 16, 2024 Published 16 Oct, 2024 12:11am
BR Research Petroleum levy target: a Rs215 billion cut The IMF Article IV Report detailing the contours of Pakistan’s latest Extended Financing Facility (EFF) is finally... Published 15 Oct, 2024 09:12am
Markets Oil falls 2pc as OPEC cuts oil demand growth view, China concerns HOUSTON: Oil prices declined about 2% on Monday, wiping out all of last week’s gains, as OPEC’s lowering of its... Updated 15 Oct, 2024 08:43am
Markets Oil settles down HOUSTON: Oil prices settled lower on Friday but rose for the second straight week as investors weighed factors such... Published 12 Oct, 2024 06:17am
Markets Oil falls as swelling US supply counters Middle East and hurricane risks NEW YORK: Oil fell by more than $1 a barrel on Wednesday on rising U.S. crude inventories, while the risk of supply... Updated 09 Oct, 2024 09:40pm
BR Research Oil prices: War premium is back As the world holds its breath over Israel’s response to Iran’s missile attack earlier this month, the global oil... Updated 09 Oct, 2024 12:58pm
Markets Oil rises 3pc as ME war risk makes investors cautious NEW YORK: Oil prices rose more than 3% on Monday, with Brent surpassing $80 per barrel for the first time since... Published 08 Oct, 2024 06:57am
Markets BP drops oil output reduction target in strategy reset, sources say LONDON: BP has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm’s... Published 07 Oct, 2024 05:12pm
Markets Oil rises 3% as Middle East war makes investors end bearish bets NEW YORK: Oil prices rose more than 3% on Monday, with Brent surpassing $80 per barrel for the first time since... Updated 07 Oct, 2024 10:10pm
BR Research Wholesale inflation: Multiyear low Single-digit inflation is the talk of the town, and the Wholesale Price Index (WPI) joins the race like never... Published 07 Oct, 2024 09:09am
Markets Malaysian palm oil surges on ME conflict KUALA LUMPUR: Malaysian palm oil futures closed higher and recorded a weekly gain on Friday, driven by a widening... Published 06 Oct, 2024 02:44am
Business & Finance LCCI urges govt to take steps to help fuel economy LAHORE: The Lahore Chamber of Commerce & Industry (LCCI) has called for measures to safeguard Pakistan’s... Published 05 Oct, 2024 06:43am
Markets ME conflict lifts oil prices NEW YORK: Oil prices edged up on Wednesday on worries that the escalating conflict in the Middle East could threaten... Published 03 Oct, 2024 06:31am
Business & Finance OPEC+ panel sticks to output policy LONDON/DUBAI: A meeting of top OPEC+ ministers has kept oil output policy unchanged including a plan to start ... Published 03 Oct, 2024 06:31am
Markets Oil prices up 1% on Middle East tensions; US crude stocks build limits gains Brent futures up 84 cents, or 1.14%, to $74.40 per barrel Updated 02 Oct, 2024 09:32pm
Markets Big oil’s big payouts under strain LONDON: Major energy companies are set to borrow billions to maintain shareholder payouts or cut the rate of share... Published 02 Oct, 2024 06:19am
Markets Oil prices rise on Mideast conflict NEW YORK: Oil prices rose on Monday on fears of a widening conflict in the Middle East curtailing Iranian crude... Published 01 Oct, 2024 06:49am
Satellite photos show Israel hit Iran former nuclear weapons test building, missile facilities, researchers say