Most Gulf markets retreat on Fed rate woes, oil price slump DUBAI: Most major Gulf equities eased on Sunday on falling oil prices amid supply woes and uncertainty over a price... Published 12 Dec, 2022 06:07am
Markets Oil prices drop in volatile trading NEW YORK: Oil price settled lower in volatile trading on Friday, with both benchmarks recording their biggest weekly... Published 11 Dec, 2022 04:02am
Print Oil rebounds, but still on track for biggest weekly declines NEW YORK: Oil prices gained around a dollar on Friday, but global benchmarks were set for their biggest weekly... Updated 10 Dec, 2022 09:59am
World Putin says Russia may cut oil production over West’s price cap MOSCOW: Russia, the world’s biggest exporter of energy, may cut oil production and will refuse to sell oil to any... Updated 09 Dec, 2022 08:12pm
Markets Oil set for 10% weekly drop as demand worries dominate Oil prices were stable on Friday, although both benchmarks headed for a weekly loss on worries over weak economic... Updated 09 Dec, 2022 06:20pm
Markets Oil prices fall on prospect of Keystone pipeline’s resumption NEW YORK: Oil prices fell on Thursday on the prospect of a key Canada-to-US crude pipeline that shut after a leak... Published 09 Dec, 2022 05:58am
Markets Raw sugar rises again, coffee near 1-month peak LONDON: Raw sugar futures on ICE rose again on Thursday helped by adverse weather in Brazil and India, with hopes... Published 09 Dec, 2022 05:58am
Print Oil prices down NEW YORK: Oil prices edged lower on Thursday on the prospect of a major crude pipeline that shut after a leak... Published 09 Dec, 2022 05:58am
Markets Rupee continues to depreciate, settles at 224.37 against US dollar Currency depreciates 0.09% in inter-bank market Updated 08 Dec, 2022 09:17pm
Opinion Oily matters – I Pakistan’s oil imports are the biggest drain on foreign exchange. Current year’s oil import bill has been... Published 08 Dec, 2022 06:10am
World Saudi reports bumper budget surplus, first in nearly a decade DUBAI: Saudi Arabia said Wednesday it recorded its first annual budget surplus in nearly a decade, beating its own... Published 07 Dec, 2022 11:45pm
Markets Rupee registers marginal decline, settles at 224.16 against US dollar Currency down 0.02% in inter-bank market on Wednesday Updated 07 Dec, 2022 06:18pm
Print Oil prices slump to pre-Ukraine crisis levels NEW YORK: US oil prices fell in frenzied trading on Tuesday to their lowest settlement levels this year, with Brent... Updated 07 Dec, 2022 09:52am
Print PM brings the economics of hydropower under govt focus Inaugurates renovation project of Mangla Power Station Unit 5 and 6 Updated 06 Dec, 2022 09:36am
Print Petrol, diesel and LNG at discounted rates: Russian ministers due next month ISLAMABAD: A Russian ministerial delegation is scheduled to visit Pakistan in January 2023 for further negotiation ... Updated 06 Dec, 2022 09:33am
Print Oil falls nearly 3pc after data raises Fed interest rate worries NEW YORK: Oil prices fell nearly 3% on Monday, following US stock markets lower, after US service sector data raised... Published 06 Dec, 2022 05:58am
Pakistan Russia to provide crude oil to Pakistan at discounted rates: Musadik Malik State minister for petroleum says Russian government-level delegation will visit Pakistan in mid-January Updated 05 Dec, 2022 06:29pm
Markets Rupee falls 0.1% against US dollar Settles at 223.91 against US dollar in inter-bank market Updated 05 Dec, 2022 07:57pm
Markets Oil up 3% on OPEC+ output plans and price cap on Russian crude LONDON: Oil prices rose 3% on Monday after OPEC+ nations held their output targets steady ahead of a European Union... Updated 05 Dec, 2022 08:18pm
Markets Egypt’s index outperforms regional peers DUBAI: Egypt’s blue-chip index outperformed regional peers to close higher on Sunday, while Saudi and Qatari ... Published 05 Dec, 2022 05:47am
Markets Rupee remains unchanged against US dollar Currency inches up 0.11% in inter-bank market on a weekly basis Updated 02 Dec, 2022 07:37pm
Markets Pakistan's CPI-based inflation in November clocks in at 23.8% CPI inflation in rural areas stood at 27.2% on a year-on-year basis Updated 01 Dec, 2022 05:49pm
Markets Rupee registers gains, settles at 223.69 against US dollar Currency appreciates 0.12% against US dollar Updated 01 Dec, 2022 07:23pm
Markets Oil buoyed by OPEC+ output speculation and easing China COVID curbs LONDON: Oil rose about $1 a barrel on Thursday, supported by the potential for OPEC+ to cut supply further and as... Updated 01 Dec, 2022 06:50pm
Markets Oil up more than $2 on tight supply LONDON: Oil prices rose by more than $2 on Wednesday on signs of tighter supply, a weaker dollar and optimism over a... Published 01 Dec, 2022 05:47am
Markets Rupee closes unchanged against US dollar for second day Currency ends at Rs223.95 in inter-bank market Updated 30 Nov, 2022 08:58pm
Markets Wall Street flat as energy stocks limit declines in growth shares NEW YORK: Wall Street’s main indexes were little changed on Tuesday as growth stocks extended losses, while a rise... Published 30 Nov, 2022 06:56am
Markets Copper moves higher on China demand hopes LONDON: Copper prices rose on Tuesday on hopes that protests against COVID-19 curbs in China will lead to a faster... Published 30 Nov, 2022 05:53am
Markets Oil steadies as China Covid hopes offset by OPEC+ output concerns NEW YORK: Oil steadied on Tuesday as gains on hopes for a loosening of China’s strict COVID-19 controls were later... Published 30 Nov, 2022 05:53am
Markets Rupee remains stable at 223.95 against US dollar The currency faced minor fluctuations throughout the trading session Updated 29 Nov, 2022 09:16pm