Oil smuggling: a dangerous parallel market Updated 26 May, 2026 07:27am EDITORIAL: The surge in Iranian oil smuggling into Pakistan during the ongoing Middle East conflict has exposed...
Vessels carrying ME oil, LNG exit Hormuz, head for Pakistan, China Published 26 May, 2026 04:53am SINGAPORE: Two liquefied natural gas tankers are exiting the Strait of Hormuz on Monday, heading to Pakistan and...
Oil market could hit ‘red zone’ in July-August: IEA Updated 22 May, 2026 06:38am LONDON: The start of peak summer fuel demand combined with the lack of new oil exports from the Middle East and...
Dar takes stock of energy situation Updated 05 May, 2026 07:56am ISLAMABAD: Deputy Prime Minister and Foreign Minister (DPM/FM) Senator Mohammad Ishaq Dar on Monday chaired a...
Inexplicable decline in inflation Updated 28 Apr, 2026 05:03pm EDITORIAL: Sensitive Price Index (SPI) comprising 51 essential items from 50 markets in 17 cities for the week...
Govt to finalise targeted petroleum subsidy framework Updated 28 Mar, 2026 08:30am ISLAMABAD: The government is set to finalise a targeted subsidy framework for petroleum products, leveraging...
President reviews economic situation Published 27 Mar, 2026 06:40am ISLAMABAD: President Asif Ali Zardari on Thursday chaired a high-level consultative meeting at Aiwan-e-Sadr to...
PSO & Oman Trading discuss provision of additional oil cargoes Published 27 Mar, 2026 06:40am ISLAMABAD: Pakistan State Oil (PSO) and Oman Trading International are engaged in constructive discussions to...
War, oil and the constraint Published 26 Mar, 2026 05:00am Currency markets appear to have paused, but not without reason. The dollar index has edged higher toward the 99...
Oil prices drop 4% as US proposes 15-point plan to Iran for peace Updated 25 Mar, 2026 08:38pm Brent futures fell 3.96, or 3.8%, to $100.53 a barrel U.S. WTI crude fell $3.57, or 3.9%, to $88.78.
Oil rises as supply disruption persists Published 25 Mar, 2026 02:12am NEW YORK: Oil rallied on Tuesday as the biggest crude supply disruption persisted and Iran denied it held talks with...
Brent crude oil price jumps after attack on Iran’s South Pars field Updated 18 Mar, 2026 08:55pm Brent futures were up $4.53, or 4.4%, at $107.95 a barrel by 1321 GMT on Wednesday
Moscow ready to supply discounted oil to Pakistan: envoy Updated 18 Mar, 2026 09:54am ISLAMABAD: Russia Ambassador to Pakistan, Albert Khorev, on Tuesday said that Moscow is ready to supply discounted...
Oil prices slide 3pc Published 17 Mar, 2026 05:57am NEW YORK: Oil prices slid about 3 percent on Monday after some vessels sailed through the critical Strait of Hormuz,...
Need for diversifying oil supply sources stressed Updated 17 Mar, 2026 09:45am ISLAMABAD: The Cabinet Committee constituted to monitor petrol prices on Monday emphasised the importance of further...
Middle East oil benchmarks hit record highs as war cuts supply Published 16 Mar, 2026 05:37pm Middle East crude exports to Asia fell to 11.665 million barrels per day (bpd) in March
Oil prices mixed amid attacks on Gulf export facilities Updated 16 Mar, 2026 06:31pm Brent crude futures were up 16 cents to $103.30 a barrel US West Texas Intermediate crude was down $1.50
A ‘black swan’ oil moment? – II Updated 16 Mar, 2026 05:57am Moreover, while the Business Recorder (BR) editorial, published on March 10, supports government’s move of raising...
Oil steadies as Iran supply fears ease and Greenland moves into spotlight Updated 19 Jan, 2026 09:04pm Brent crude was down 32 cents at $63.81
OPINION: How improving the oil supply chain can save Pakistan millions of dollars Updated 18 Jan, 2026 08:29am For over three decades, FOTCO has operated Pakistan’s primary oil jetty (and the only one in Port Qasim) and has...
World oil market ‘lopsided’ as supply outpaces demand: IEA Published 14 Nov, 2025 06:12am PARIS: The world’s oil market is experiencing a period of imbalance as growing supply outstrips demand despite...
Oil prices rise 1% on trade war relief, US pressure on Russia Updated 29 Jul, 2025 09:42pm NEW YORK: Oil prices rose on Tuesday, extending the previous day’s rally, on optimism that a trade war between the...
TTS roadmap: Ogra meets key oil industry players Updated 29 Jul, 2025 09:15am ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) conducted an interactive session on Monday with key...
Ogra launches second phase of digitising oil supply chain Published 10 Jul, 2025 05:59am ISLAMABAD: In continued drive toward digital transformation, the Oil and Gas Regulatory Authority (Ogra) has ...
OPEC+ extends oil supply cuts through March Published 05 Dec, 2024 07:24pm VIENNA: Several OPEC+ countries, including Saudi Arabia and Russia, agreed Thursday to extend oil supply cuts for...
World Bank expects oil glut to cause commodity price slump Published 30 Oct, 2024 06:32am WASHINGTON: Global commodity prices should fall to a five-year low next year thanks to a huge oil glut, the World...
India prepared to handle oil supply hit from Middle East conflict, oil minister says Published 07 Oct, 2024 06:58pm NEW DELHI: India will be able to navigate through any hit to oil supplies from the potential widening of the Middle...
Eight OPEC+ members extend oil supply cuts until end of Nov Published 06 Sep, 2024 07:04am VIENNA: Eight members of the OPEC+ group of oil-producing nations agreed Thursday to extend their voluntary supply...
Senate panel told: Ogra takes over oil demand-supply function Updated 03 Aug, 2024 01:03pm ISLAMABAD: An Oil and Gas Regulatory Authority (Ogra) official Friday apprised a parliamentary panel that the...
AJK landslide: Alternate oil supply route planned Published 30 Jul, 2024 03:10am ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) urgently convened a meeting with representatives from the...