Oil extends gains as supply fears outweigh China lockdowns LONDON: Oil prices rose for a fourth day on Friday as fears over Russian supply disruption trumped COVID-19... Updated 29 Apr, 2022 03:03pm
Markets US Democrats target oil giants ‘ripping off’ motorists WASHINGTON: US Democrats announced legislation Thursday to punish fuel companies they accuse of unfairly raising... Published 29 Apr, 2022 05:43am
Markets Oil prices rally on report that Germany drops opposition to Russian oil embargo NEW YORK: Oil prices rallied on Thursday after reports that Germany is no longer opposed to an embargo on Russian... Published 29 Apr, 2022 05:43am
Business & Finance PM Shehbaz has rejected summary to increase petrol prices: Marriyum Information minister says masses cannot be punished for incompetence of previous govt Published 28 Apr, 2022 05:59pm
Markets Oil prices rally on report that Germany drops opposition to Russian oil embargo NEW YORK: Oil prices rallied on Thursday after reports that Germany is no longer opposed to an embargo on Russian... Updated 28 Apr, 2022 09:40pm
Markets Oil prices dip as dollar soars, US crude stocks edge higher NEW YORK: Oil prices dipped on Wednesday as a soaring US dollar made barrels more expensive and coronavirus ... Published 28 Apr, 2022 05:37am
Markets Oil prices dip as Europe turns away from Russian oil, dollar soars Oil prices dipped on Wednesday as a soaring dollar made barrels more expensive and Europe’s biggest economy Germany... Updated 27 Apr, 2022 07:21pm
Markets Oil rebounds on China’s plans to support its economy HOUSTON: Oil prices rebounded in volatile trading on Tuesday as the market weighed China’s plans to support its... Published 27 Apr, 2022 05:19am
Markets Oil rebounds from drop on China demand concerns LONDON: Oil prices rebounded in volatile trading on Tuesday as the market weighed concerns over Russian supply and... Updated 26 Apr, 2022 07:58pm
Markets Oil slumps over 5pc to near $100/bbl on Shanghai lockdowns NEW YORK: Oil slumped over 5 percent on Monday to its lowest in two weeks on growing worries about the global energy... Published 26 Apr, 2022 05:20am
Markets Chicago soyaoil prices turn lower along with soya and corn LONDON: US soybean oil prices turned lower on Monday, pressured by news that a ban on palm oil exports from ... Published 26 Apr, 2022 05:20am
Markets Global stocks plunge on jitters over higher interest rates NEW YORK: Global stock markets dropped sharply Friday as the latest hawkish commentary from the Federal Reserve sent... Published 25 Apr, 2022 07:23am
Print Stalled IMF programme: Revival now very much in sight The IMF expresses support to Pakistan delegation Updated 25 Apr, 2022 09:54am
Markets Oil falls on growth concerns, Shanghai lockdown HOUSTON: Oil slipped on Friday, burdened by the prospect of weaker global growth, higher interest rates and COVID... Published 23 Apr, 2022 04:45am
Markets Wall Street, oil slide, dollar jumps as investors eye rate hikes WASHINGTON: U.S. stocks and oil tumbled on Friday while bond yields continued to gain as investors prepared for a... Published 23 Apr, 2022 01:14am
Markets Oil falls on growth concerns, Shanghai lockdown HOUSTON: Oil slipped on Friday, burdened by the prospect of weaker global growth, higher interest rates and COVID... Updated 22 Apr, 2022 08:54pm
Markets Higher oil prices boost Dubai, Abu Dhabi; Saudi stocks pause DUBAI: Dubai and Abu Dhabi indexes gained on Thursday as oil prices rose on fears of supply issues, while investors... Published 22 Apr, 2022 05:36am
Markets Oil edges higher on concerns over Russia, Libya supply disruption NEW YORK: Oil prices rose on Thursday, buffeted by concerns about tightened supply as the European Union (EU) mulls ... Published 22 Apr, 2022 05:36am
Markets Oil rises as investors focus on lower supply from Russia, Libya LONDON: Oil prices rose on Thursday amid concerns about supply as the European Union (EU) mulls a potential ban on... Updated 21 Apr, 2022 09:38pm
Markets Major Gulf bourses close higher DUBAI: Major Gulf bourses closed higher on Wednesday, with a rise in oil prices driving the Saudi index up more than... Published 21 Apr, 2022 05:26am
Markets Oil rebounds as supply concerns dominate LONDON: Oil prices rebounded on Wednesday as a drop in U.S. oil inventories and concerns over tighter supplies from... Updated 20 Apr, 2022 08:00pm
Markets Rising bond yields, Ukraine crisis weigh on European shares LONDON: European shares posted their worst day in two weeks on Tuesday as rising bond yields, worries about the war... Published 20 Apr, 2022 05:12am
Markets Asia distillates: Jet fuel cash differentials climb SINGAPORE: Asia’s cash premiums for jet fuel climbed on Tuesday buoyed by expectations for firmer demand in the... Published 20 Apr, 2022 05:12am
Markets Asia Fuel Oil: VLSFO crack, cash premiums dip SINGAPORE: Asia’s front-month crack for 0.5% very low-sulphur fuel oil (VLSFO) slipped on Tuesday, while cash... Published 20 Apr, 2022 05:12am
Markets Oil slides in volatile trade after IMF cuts growth outlook HOUSTON: Oil prices were down nearly 5% in volatile trading on Tuesday on demand concerns after the International... Published 20 Apr, 2022 05:12am
Markets Oil slumps 5% after IMF cuts economic growth outlook HOUSTON: Oil prices tumbled 5% in volatile trading on Tuesday on demand concerns after the International Monetary... Updated 19 Apr, 2022 09:55pm
Markets Asian markets slide on inflation, Covid fears HONG KONG: Asian stocks closed lower on Monday in cautious trade, as figures showed China’s economic growth... Published 19 Apr, 2022 05:32am
Markets Oil rises 2pc as Libya outages add to Russia supply fears NEW YORK: Oil prices rose 2% on Monday, with Brent crude topping $114 a barrel, as outages in Libya deepened concern... Published 19 Apr, 2022 05:32am
Markets Oil rises, Brent crude touches $113 as Libya outages add to Russia supply fears NEW YORK: Oil rose on Monday in choppy trade, with Brent crude topping $113 a barrel, as outages in Libya deepened... Updated 18 Apr, 2022 09:37pm
Business & Finance Chief of FPCCI panel lauds govt for keeping oil prices unchanged LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’s (FPCCI) Businessmen Panel has praised the... Published 17 Apr, 2022 05:51am