Oil prices fall ahead of long holidays NEW YORK: Oil prices eased on Friday ahead of the long Christmas holiday weekend on expectations Angola could... Published 24 Dec, 2023 04:00am
Markets Inter-bank: rupee records ninth successive gain against US dollar Currency appreciates 0.09%, settles at 282.53 against greenback Updated 22 Dec, 2023 10:29pm
Markets Oil prices gain around 1% as Red Sea tension persists LONDON: Oil prices rose as much as 1% on Friday as tensions persisted in the Middle East following Houthi attacks on... Updated 22 Dec, 2023 10:03pm
Markets Oil falls as Angola decides to exit OPEC NEW YORK: Oil prices fell by roughly $1 a barrel on Thursday after Angola said it would exit the Organization of the... Published 22 Dec, 2023 05:22am
Business & Finance Angola to quit OPEC over oil production quotas disagreement LUANDA: Angola said on Thursday it would leave OPEC over a disagreement on production quotas following the oil... Published 22 Dec, 2023 05:22am
Markets Angola says it is leaving OPEC LUANDA/LONDON: Angola is leaving the Organization of the Petroleum Exporting Countries (OPEC) because membership is... Published 21 Dec, 2023 06:29pm
World Qatar lowers oil price assumption for 2024 budget to $60/bbl DUBAI: Qatar approved its 2024 fiscal year budget on Wednesday with revenue estimated to decrease 11.4% next year on... Published 20 Dec, 2023 04:48pm
Markets Oil perks up as Red Sea tensions spark investor jitters LONDON: Global oil benchmark Brent topped $80 a barrel on Wednesday amid jitters over global trade disruption and... Updated 20 Dec, 2023 05:11pm
Markets Oil rises as US launches Red Sea task force, tankers reroute BENGALURU: Oil prices rose more than a dollar a barrel on Tuesday, extending the previous session’s gains after... Updated 20 Dec, 2023 06:29am
Markets Oil rises as US launches Red Sea task force, tankers reroute LONDON: Oil rose on Tuesday, extending the previous session’s gains, after attacks by Yemen’s Iran-aligned Houthi... Updated 19 Dec, 2023 08:22pm
BR Research Current account roundup: 5MFY24 The economy is unofficially in a zero current account deficit (CAD) mode, and it is an unannounced policy of SBP, as... Published 19 Dec, 2023 09:05am
Markets Fuel price decline unlikely to ease cost of living LAHORE: The people saw the recent slash in the price of petroleum products as insignificant, saying it would not... Published 19 Dec, 2023 05:20am
Markets Inter-bank: rupee registers fifth consecutive gain against US dollar Currency appreciates 0.02%, settles at 283.21 against greenback Updated 18 Dec, 2023 09:17pm
Markets Russia eyes additional oil export cuts of about 50,000 bpd in December: Novak says MOSCOW: Russia said on Sunday it would deepen oil export cuts in December by potentially 50,000 barrels per day or... Updated 17 Dec, 2023 07:12pm
Markets Oil prices take a small loss in seesaw session HOUSTON: Brent and US crude futures finished at a small loss following a see-saw session, in which prices fell more... Published 17 Dec, 2023 03:01am
Markets Oil rises more than 3pc on weaker dollar, IEA demand upgrade NEW YORK: Oil prices rose more than 3% on Thursday, extending the previous session’s gains, boosted by a weaker... Published 15 Dec, 2023 03:12am
Markets Oil prices higher NEW YORK: Oil prices edged up about 1% on Wednesday from a five-month low in the prior session on a much... Published 14 Dec, 2023 05:24am
Markets OPEC blames ‘exaggerated’ demand concerns for oil price drop LONDON: OPEC on Wednesday said it remained cautiously optimistic about 2024 oil market fundamentals and blamed... Published 13 Dec, 2023 06:01pm
Business & Finance Japan Nov wholesale inflation slows sharply as cost pressures ease TOKYO: Japan’s wholesale inflation slowed sharply in November as fuel and commodity prices fell, data showed on... Published 12 Dec, 2023 11:06am
Markets Inter-bank: rupee rebounds against US dollar Currency appreciates 0.04%, settles at 283.78 against greenback Updated 12 Dec, 2023 10:43pm
Markets Oil falls 3%, extends losses after US inflation data LONDON: Oil fell 3% on Tuesday, with Brent crude hitting the lowest since June after U.S. consumer prices rose in... Updated 12 Dec, 2023 09:03pm
Markets Oil prices hold as investors still wary LONDON: Oil prices held steady on Monday as worries persisted around crude oversupply despite OPEC+ cuts and softer... Published 12 Dec, 2023 05:28am
Markets Saudi bourse gains on rising oil prices DUBAI: Saudi Arabia’s stock market ended higher on Sunday in response to rising oil prices, although the Qatari... Published 11 Dec, 2023 06:41am
Markets Indian stocks post longest weekly winning run in three years BENGALURU: India’s benchmark indexes posted their longest weekly winning streak in three years, as they rallied to... Published 09 Dec, 2023 05:46am
Markets Oil heads for seven week decline for first time in five years LONDON: Oil benchmarks were on track for a seven-week decline on Friday, their first in half a decade, on worries... Updated 08 Dec, 2023 07:56pm
World Raisi condemns Gaza ‘genocide’ at Moscow talks with Putin MOSCOW: Iranian President Ebrahim Raisi accused the West on Thursday of supporting “genocide” by Israel against... Published 08 Dec, 2023 05:20am
Markets Tokyo stocks end lower TOKYO: Tokyo stocks ended lower on Thursday after Wall Street fell as the US job market cooled further and oil ... Published 08 Dec, 2023 05:20am
Markets Oil drops to 6-month low on weak outlook NEW YORK: Oil prices fell on Thursday to six-month lows, as investors worried about sluggish energy demand in the US... Published 08 Dec, 2023 05:20am
Markets US natgas drops as oil prices collapse NEW YORK: US natural gas futures fell by about 5% on Wednesday to the lowest in nearly three months, pressured by a... Published 08 Dec, 2023 05:20am
Business & Finance Australia, NZ dlrs sag SYDNEY: The Australian and New Zealand dollars were leaning on support on Thursday as Chinese trade data proved too... Published 08 Dec, 2023 05:20am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
In historic visit, Iran President Raisi says decision made to increase bilateral trade five-fold to $10bn