India to drop windfall tax if oil prices fall $40 a barrel NEW DELHI: India will only withdraw its windfall tax introduced last week for oil producers and refiners if global... Published 05 Jul, 2022 05:19am
Markets India to drop windfall tax if oil prices fall $40 a barrel NEW DELHI: India will only withdraw its windfall tax introduced last week for oil producers and refiners if global... Published 04 Jul, 2022 12:29pm
Markets Oil prices reverse losses, gain on tight supply concerns LONDON: Oil rose on Monday as supply concerns driven by lower OPEC output, unrest in Libya and sanctions on Russia... Updated 04 Jul, 2022 07:18pm
Markets Oil up about $2/bbl as supply outages outweigh recession fears NEW YORK: Oil prices rose about $2 a barrel on Friday, recouping most of the previous session’s declines, as ... Published 02 Jul, 2022 04:10am
Markets Oil prices up 3% on supply outages LONDON: Oil prices rose about 3% on Friday, recouping most of the previous session’s declines, as supply outages in... Updated 01 Jul, 2022 06:06pm
Markets Oil falls 2pc on uncertainty over future OPEC+ output NEW YORK: Oil prices sank over 2pc on Thursday as OPEC+ confirmed it would only increase output in August as much as... Published 01 Jul, 2022 06:13am
Markets Oil falls 2% on uncertainty over future OPEC+ output, recession fears NEW YORK: Oil prices sank about 2% on Thursday as OPEC+ confirmed it would only increase output in August as much as... Updated 30 Jun, 2022 09:08pm
BR Research Oil prices: volatility dominates Global crude oil demand bounced back from the pandemic, which meant increase in crude oilproduction in 2021. While... Published 30 Jun, 2022 09:31am
Markets Oil steady as concerns over weaker economy offset tight supplies NEW YORK: Oil prices were little changed on Wednesday, giving up early gains as worries about a weaker global ... Published 30 Jun, 2022 06:07am
Print Potential risks identified: Economic growth facing challenging situation: MoF ISLAMABAD: The Ministry of Finance has stated that despite achieving a real GDP growth of 5.97 percent in the fiscal... Updated 30 Jun, 2022 09:52am
World Doctors, bankers protest 'impossible situation' as Sri Lanka runs out of fuel COLOMBO: Doctors and bankers were among hundreds of Sri Lankans who marched on Wednesday to demand the government... Published 30 Jun, 2022 12:03am
Pakistan Macroeconomic imbalances challenging Pakistan’s economic growth: MoF Inflation may increase after pass-through of international oil prices to domestic energy products, says finance ministry's monthly 'Economic Update and Outlook' report Updated 29 Jun, 2022 06:32pm
Markets Equity market losses driven by recession, inflation fears HONG KONG: Fears of a recession caused by sharp interest rate hikes aimed at fighting soaring inflation sent Asian... Updated 29 Jun, 2022 01:32pm
Markets Oil prices rise for fourth day on supply worries NEW YORK: Oil prices gained for a fourth straight session on Wednesday as data showed a drawdown in U.S. crude... Updated 29 Jun, 2022 09:04pm
Markets European shares extend gains on China Covid relief, rising oil prices LONDON: European shares rose on Tuesday as risk appetite improved after China eased its COVID-19 quarantine mandate,... Published 29 Jun, 2022 05:44am
Markets Oil rises 2pc, extends gains as major producers flag capacity limits NEW YORK: Oil prices rallied for a third day on Tuesday as major producers Saudi Arabia and the United Arab Emirates... Published 29 Jun, 2022 05:44am
Markets Oil rises 2%, extends gains as major producers flag capacity limits Oil prices rallied for a third day on Tuesday as major producers Saudi Arabia and the United Arab Emirates looked... Published 28 Jun, 2022 10:55pm
Markets Oil extends gains as major producers flag capacity limits MELBOURNE/SINGAPORE: Oil prices rallied for a third day on Tuesday as major producers Saudi Arabia and the United... Updated 28 Jun, 2022 03:04pm
Business & Finance Musadik given overview of PSO’s performance KARACHI: Minister of State (Petroleum Division), Ministry of Energy, Musadik Malik visited PSO’s Head Office ... Published 28 Jun, 2022 07:13am
Markets Oil prices rise amid G7 talks on new Russian sanctions HOUSTON: Oil prices traded higher on Monday in a volatile session as investors waited for any moves against Russian... Published 28 Jun, 2022 06:10am
Markets Russia exporting lighter, sweeter Urals oil as taps Asia demand MOSCOW: Russia has been improving the quality of its flagship Urals crude oil export, making the heavily-discounted... Published 28 Jun, 2022 06:10am
Markets Oil prices edge higher ahead of G7 talks on new Russian sanctions LONDON: Oil prices edged higher on Monday in a volatile session as investors waited for any moves against Russian ... Updated 27 Jun, 2022 06:07pm
World France urges producers to cap oil price over Ukraine: Macron office ELMAU: France on Sunday urged oil producers to cap the price of the commodity in order to put the squeeze on Russia... Published 26 Jun, 2022 05:03pm
Opinion Challenges beyond IMF There is a widespread perception that the revival of the stalled IMF programme will help Pakistan move out of its... Published 25 Jun, 2022 04:42am
Business & Finance US dollar slides as markets re-evaluate Fed rate path LONDON/NEW YORK: The US dollar slipped on Friday and was on track for its first weekly decline this month, as ... Published 25 Jun, 2022 04:42am
Markets Oil rises almost $2, still set for weekly drop on recession fears LONDON: Oil rose by almost $2 a barrel on Friday supported by tight supply, although crude was heading for a second... Updated 24 Jun, 2022 06:27pm
Markets Oil prices dive $2/barrel on fear Fed rate hikes will hurt demand NEW YORK: Oil prices fell by more than $2 a barrel on Thursday in volatile trading as investors weighed the risk ... Published 24 Jun, 2022 06:15am
Print Oil prices hiked to avert default, says Miftah ISLAMABAD: Federal Finance Minister Miftah Ismail has termed the next fiscal year budget as progressive and... Updated 24 Jun, 2022 10:19am
Markets Oil prices weaken on hawkish Fed rhetoric, concerns about demand NEW YORK: Oil prices fell about $1 a barrel on Thursday in volatile trading as investors weighed the risk that... Updated 23 Jun, 2022 09:15pm
Markets Gulf bourses retreat on lower oil prices, inflation fears DUBAI: Stock markets in the Gulf retreated on Wednesday, tracking crude prices, and as global sentiment was weighed... Published 23 Jun, 2022 06:05am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?