Gasoil margins rise SINGAPORE: Asia’s refining margins for 10 ppm gasoil rose on Thursday, amid a muted trading window, after stocks ... Published 12 Aug, 2022 05:44am
Markets VLSFO cash differential slightly up SINGAPORE: Residual stock levels at Singapore fell to their lowest in more than three years, latest data showed on... Published 12 Aug, 2022 05:44am
Markets Oil rises as IEA hikes 2022 demand growth forecast NEW YORK: Oil prices rose more than $2 on Thursday after the International Energy Agency raised its oil demand ... Published 12 Aug, 2022 05:44am
Print Oil demand rises as gas prices surge: IEA Prices of natural gas and electricity have jumped to new records Updated 12 Aug, 2022 10:18am
Markets Oil demand rises as gas prices surge: IEA PARIS: Global oil demand will rise more than previously forecast this year as heatwaves and soaring gas prices are... Published 11 Aug, 2022 03:26pm
Markets US gasoline prices fall below $4 for first time since March The average price of US retail gasoline fell below $4 per gallon on Thursday for the first time in months, giving... Published 11 Aug, 2022 12:45pm
Markets 8th successive gain: Rupee closes at 218.88 against US dollar Currency continues to appreciate in inter-bank market over expected inflows and lower oil prices Updated 11 Aug, 2022 08:16pm
Markets Oil rises as IEA hikes 2022 demand growth forecast LONDON: Oil prices rose by over 1% on Thursday after the International Energy Agency raised its oil demand growth... Updated 11 Aug, 2022 03:42pm
Business & Finance Oil up, rebounds on renewed gasoline demand, weak dollar NEW YORK: Oil prices rose on Wednesday, rebounding from losses early in the session on lift from encouraging figures... Published 11 Aug, 2022 04:35am
Print Lower energy demand, oil prices: Miftah says BoP surplus ‘imminent’ KARACHI: Federal Minister for Finance and Revenue, Dr. Miftah Ismail has said the balance of payments position is ... Updated 11 Aug, 2022 09:50am
Markets Oil drops on Druzhba pipeline restart, jump in U.S. stocks NEW YORK: Oil prices fell on Wednesday as flows on the Russia-to-Europe Druzhba pipeline resumed and after U.S.... Updated 10 Aug, 2022 08:49pm
Markets Oil up as Russian pipeline halt revives supply constraint fears NEW YORK: Oil edged up on Tuesday, reversing an early decline as worries about tightening supply were revived after... Updated 10 Aug, 2022 09:40am
Markets Oil edges up on strong economic data but trade choppy HOUSTON: Oil prices rose 1.5% on Monday, hovering near their lowest levels in months in volatile trading as positive... Published 09 Aug, 2022 03:37am
Markets Oil edges up as strong economic data feeds hopes for demand Front-month Brent prices last week hit the lowest since February Updated 08 Aug, 2022 08:54pm
Opinion Petroleum prices: an analysis From August 1, the GoP (government of Pakistan) has reduced gasoline’s price by Rs 3.05 to Rs 227.19/litre.... Published 08 Aug, 2022 05:41am
World Record Bangladesh fuel hike triggers huge queues DHAKA: Thousands of Bangladeshis besieged fuel stations across the country after the government raised prices by as... Updated 06 Aug, 2022 01:43pm
Markets Oil prices set to end week near multi-month lows on recession fears LONDON: Oil prices recouped some of this week’s losses but were still set to close Friday near their lowest levels... Updated 05 Aug, 2022 07:58pm
BR Research Oil: Little respite but market stays tight Oil prices tanked to six months low earlier this week, trading at the lowest since Russia-Ukraine war broke out. The... Published 05 Aug, 2022 08:47am
BR Research Mari FY22– Supertax dampens earnings The high crude oil price environment benefits the oil and gas exploration and production sector. The fiscal year ... Published 05 Aug, 2022 08:46am
Markets Most Gulf bourses in red on selling pressure, falling oil prices DUBAI: Most stock markets in the Gulf ended lower on Thursday, as selling pressures and declining oil prices pushed... Published 05 Aug, 2022 06:27am
Markets Oil prices hit lowest since Ukraine invasion NEW YORK: Global oil prices dropped on Thursday to their lowest levels since before Russia’s February invasion of... Published 05 Aug, 2022 06:27am
Business & Finance HCCI chief seeks ‘sound economic plan’ from govt HYDERABAD: Presi-dent of Hyderabad Chamber of Commerce and Industry (HCCI) Adeel Siddiqui has said that appreciation... Published 05 Aug, 2022 06:27am
Markets Saudi Arabia sets Sept crude prices to Asia at record high SINGAPORE: Saudi Arabia, the world's top oil exporter, raised September crude oil prices for Asian buyers to record... Published 04 Aug, 2022 06:10pm
Markets Indian shares extend gains as IT stocks advance BENGALURU: Indian shares rose for a seventh straight session on Thursday, taking cues from broader Asia and helped... Published 04 Aug, 2022 09:40am
Markets Oil prices hit lowest since Ukraine invasion amid recession fears LONDON: Global oil prices dropped on Thursday to their lowest levels since before Russia's February invasion of... Updated 05 Aug, 2022 01:11am
Editorials Trade deficit EDITORIAL: Pakistan exports declined by 24 percent in July compared to the month before — 2.219 billion dollars... Published 04 Aug, 2022 06:44am
Markets OPEC+ approves tiny oil output rise in rebuff to Biden NUR-SULTAN/LONDON: OPEC+ is set to raise its oil output goal by 100,000 barrels per day, an amount analysts said was... Published 03 Aug, 2022 10:00pm
World OPEC+ oil output increase is a step forward, White House says WASHINGTON: OPEC+ members’ decision to raise oil output by 100,000 barrels per day is a step forward and the Biden... Published 03 Aug, 2022 07:40pm
Markets OPEC+ might have to raise oil output so market doesn’t overheat, Kazakhstan says NUR-SULTAN/LONDON: OPEC+ might have to raise oil production to avoid market overheating, OPEC+ member Kazakhstan... Published 03 Aug, 2022 05:24pm
Markets Oil up 2pc on supply worries ahead of OPEC+ meeting NEW YORK: Oil futures rose about 2% on Tuesday as traders worried that this week’s meeting of OPEC+ producers may... Published 03 Aug, 2022 06:36am