Oil prices dip 2% as expected rate hikes take toll LONDON: Oil prices fell to their lowest level in about three weeks on Thursday, as a firmer dollar and rate hike... Updated 20 Apr, 2023 08:08pm
Markets Rupee stays stable against US dollar, settles at 283.89 Currency registers a gain of Re0.01 in the inter-bank market Updated 19 Apr, 2023 06:27pm
Markets Oil slides as interest rate expectations eclipse Chinese data LONDON: Oil prices dropped sharply on Wednesday as potential U.S. interest rate hikes that could slow growth and... Updated 19 Apr, 2023 08:29pm
Markets Oil prices steady as China data offset US rate worries HOUSTON: Oil prices held steady on Tuesday as upbeat economic data in No. 2 oil consumer China offset wider concerns... Published 19 Apr, 2023 06:36am
Markets Rupee regains winning momentum, settles at 283.9 against US dollar Currency appreciates 0.29% in inter-bank market Updated 18 Apr, 2023 07:26pm
Life & Style High inflation badly hits Eid shopping KARACHI: As this year’s Eid-ul-Fitr is round the corner, markets and shopping centres across the city have started... Published 18 Apr, 2023 06:21am
Markets Oil drops over 1% on higher dollar, interest rate concerns NEW YORK: Oil prices turned lower on Monday as the U.S. dollar strengthened and as investors mulled over a possible... Updated 17 Apr, 2023 08:42pm
Markets US oil activity in Colorado, Wyoming slips; further slowing likely NEW YORK: Oil and gas activity in the US Midwest and Mountain West states declined in the first quarter and is... Published 17 Apr, 2023 06:41am
Markets Saudi stocks gain on rising oil prices; Qatar falls DUBAI: Saudi Arabia’s stock markets ended higher on Sunday after Friday’s rise in oil prices, although the ... Published 17 Apr, 2023 06:41am
Business & Finance Increase in oil rates unfair ahead of Eid: BMP chief LAHORE: The Businessmen Panel (BMP) of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has said... Published 17 Apr, 2023 06:41am
Markets Palm rebounds on stronger rivals, but heads for weekly drop JAKARTA: Malaysian palm oil futures rebounded on Friday after two days of sharp declines, helped by stronger rival... Published 16 Apr, 2023 03:36am
Markets Rupee maintains upward trend against US dollar, settles at 284.91 Currency appreciates 0.6% in the inter-bank market Updated 13 Apr, 2023 06:17pm
Markets Oil slips as rate hike worries balance tighter supplies NEW YORK: Oil prices slipped on Monday, after rising for three straight weeks, as concern about further interest ... Published 11 Apr, 2023 03:44am
Markets Rupee struggles against US dollar, settles at 287.09 Currency losses Rs2.44 or 0.85% in inter-bank trading Updated 10 Apr, 2023 07:18pm
Markets Saudi maintains crude supply to Asian refiners despite OPEC+ cuts SINGAPORE: State oil giant Saudi Aramco will supply full crude contract volumes loading in May to several North... Published 10 Apr, 2023 10:20am
BR Research Oil prices – OPEC fuelling inflation? Oil prices have been rising for over three weeks with the recent surge coming in after the oil group – OPEC... Published 10 Apr, 2023 09:00am
Opinion Serious economic crisis due to austerity policies, and weak multilateralism Inadequate provision of International Monetary Fund’s (IMF’s) special drawing rights (SDRs) to Pakistan, like in... Updated 07 Apr, 2023 06:32am
Markets Rupee registers major recovery, settles at 284.42 against US dollar Currency appreciates 1.2% in the inter-bank market Updated 06 Apr, 2023 08:07pm
Markets Oil falls as economic fears outweigh OPEC+ cuts NEW YORK: Oil prices inched lower on Wednesday, despite greater than expected draws in US crude oil and fuel stocks,... Published 06 Apr, 2023 06:20am
Markets Downtrend for cracks continues amid cautious sentiment SINGAPORE: Asia’s 10-ppm sulphur gasoil and jet fuel margins fell for the third consecutive trading session as a... Published 06 Apr, 2023 06:20am
Markets Japan rubber futures slide on rate hike hints SINGAPORE: Japanese rubber futures opened lower on Wednesday, as traders braced themselves for more volatility ahead... Published 06 Apr, 2023 06:20am
Markets India-China competition, OPEC cuts nudge Urals above price cap MOSCOW/SINGAPORE: Russian Urals oil broke through the $60 per barrel price cap on Wednesday, boosted by strength in... Published 05 Apr, 2023 08:08pm
Markets Oil prices dip as demand woes outweigh OPEC+ surprise cuts HOUSTON: Oil prices edged lower in choppy trading on Tuesday as weak economic data from the United States and China... Published 05 Apr, 2023 06:16am
Markets New historic low: rupee closes at 287.29 against US dollar Currency loses Rs2.25 in a single session against the US dollar Updated 04 Apr, 2023 08:34pm
Markets Oil price stable as markets weigh OPEC+ surprise cuts amid demand woes HOUSTON: Oil prices were little changed in choppy trading on Tuesday as investors debated OPEC+ plans to cut more... Updated 04 Apr, 2023 08:37pm
Markets US shrugs off Saudi-led oil production cut WASHINGTON: The White House on Monday shrugged off a sharp output cut by Saudi-led OPEC+ oil producers, saying it... Published 03 Apr, 2023 09:51pm
Markets OPEC+ cuts put $100/barrel oil in sight, analysts say SINGAPORE/SEOUL: The OPEC+ group’s surprise additional production cuts could push oil prices back towards $100 a... Published 03 Apr, 2023 04:53pm
Markets Oil rises more than 1% on tightening supplies, cooling US inflation BENGALURU: Oil prices rose by more than a dollar a barrel on Friday as supplies tightened in some parts of the world... Published 31 Mar, 2023 10:52pm
Markets Rupee inches higher against US dollar, settles at 283.66 Currency appreciates 0.09% in interbank market Updated 30 Mar, 2023 08:16pm
Markets Gulf stocks end mixed as investors remain cautious DUBAI: Gulf stock markets ended mixed on Wednesday in a sign investor confidence remains fragile, as they chose to... Published 30 Mar, 2023 06:35am