Asia’s naphtha higher NEW DELHI: Asia’s naphtha crack posted a weekly gain of more than 14%, although the refining profit margin... Published 18 Jun, 2022 06:00am
Markets Oil, gas royalties: KP to receive Rs.31bn PESHAWAR: The provincial government of Khyber Pakhtunkhwa will receive an estimated amount of Rs.31 billion from the... Published 16 Jun, 2022 06:03am
BR Research Oil: Bulls and more bulls There is nothing doing at the oil market, which continues to be tight. What would be usually considered a big deal ... Published 08 Jun, 2022 10:45am
Markets Spain’s Repsol in talks to sell 25pc of oil and gas unit to EIG LONDON: EIG Global Energy Partners is in early discussions with Repsol to buy a slice of the Spanish company’s oil... Published 08 Jun, 2022 06:19am
Markets Oil up 1%, supplies seen tighter as China relaxes COVID-19 curbs NEW YORK: Oil prices rose about 1% in a seesaw session on Tuesday, with U.S. crude on track for a 13-week high on... Updated 07 Jun, 2022 10:16pm
Markets US Interior must weigh climate impacts of oil, gas leasing WASHINGTON: The Biden administration must thoroughly analyze the climate impacts of oil and gas leasing on nearly 4... Published 03 Jun, 2022 05:56am
Perspectives Oil prices: the biggest tail-risk for Pakistan’s economy A tail-risk is an event that has an extremely low probability of occurring but when it does, the loss is severe and... Published 01 Jun, 2022 07:22pm
Markets Oil extends bull run as EU agrees to ban most Russian oil HOUSTON: Oil prices extended a bull run on Tuesday after the European Union agreed to a partial and phased ban on... Updated 31 May, 2022 09:28pm
Print Oil and gas sector’s circular debt reaches Rs 1.5 trillion mark, Senate panel told ISLAMABAD: The Petroleum Division Secretary informed a parliamentary panel on Monday that the oil and gas sector’s... Updated 31 May, 2022 10:08am
Business & Finance Canadian dollar strengthens TORONTO: The Canadian dollar strengthened against its US counterpart on Monday, adding to recent gains, as easing... Published 31 May, 2022 05:11am
Business & Finance Sterling heads for second weekly gain, aided by UK support package LONDON: Britain’s pound headed for a second weekly rise and was close to a one-month high on Friday, helped by a... Published 28 May, 2022 05:11am
Markets Review: How did Pakistan's markets react to the hike in fuel prices? Flour and energy prices increased, rupee recovered, and KSE-100 made huge intra-day gains before succumbing to profit-taking Published 27 May, 2022 10:08pm
Markets Oil dips as recession worries outweigh rising demand forecast HOUSTON: Oil prices edged slightly lower on Monday, as worries of a possible recession outweighed an outlook for... Updated 23 May, 2022 08:19pm
Markets Gasoline crack scales new high on supply worries NEW DELHI: Asia’s gasoline crack hit yet a record high on Friday and posted a weekly gain of over 20% after South... Published 21 May, 2022 04:34am
Markets Oil prices recoup losses on renewed supply worries, dollar weakness NEW YORK: Oil prices rebounded from earlier losses on Thursday as Chinese officials planned to ease restrictions in... Updated 19 May, 2022 09:38pm
Markets Oil falls 2% as US refiners ramp up output, equities retreat HOUSTON: Oil prices reversed course and fell over 2% on Wednesday after government data showed U.S. refiners ramped... Updated 18 May, 2022 09:47pm
Print Impact of oil subsidy explained ISLAMABAD: Finance Ministry has reportedly informed the Federal Cabinet on Tuesday that maintaining fuel prices at a... Updated 18 May, 2022 10:26am
Markets Oil rises on EU’s Russian oil ban effort, demand hopes LONDON: Oil hit its highest in seven weeks on Tuesday, supported by the European Union’s ongoing push for a ban on... Updated 17 May, 2022 01:43pm
Print Oil subsidy to cost exchequer Rs60bn KARACHI: The government has maintained prices of local oil products to protect consumers by further raising subsidy... Updated 17 May, 2022 09:56am
Markets Oil prices rise on China demand optimism, gasoline strength NEW YORK: Oil prices rose on Monday on optimism that China would see significant demand recovery after positive... Updated 16 May, 2022 10:36pm
Markets Oil jumps 4% as U.S. gasoline prices hit record high, stock markets soar NEW YORK: Oil prices rose about 4% on Friday as U.S. gasoline prices jumped to an all-time high, stock markets... Updated 13 May, 2022 10:27pm
Markets Oil slips more than 2% on fears recession may hit demand LONDON: Oil prices dropped more than 2% on Thursday in a volatile week as recession fears dogged global financial... Updated 12 May, 2022 03:35pm
Markets Oil jumps as Russia gas flow to Europe falls, EU Russian oil ban looms LONDON: Oil jumped almost 5% on Wednesday after plunging nearly 10% in the last two sessions, buoyed by supply... Updated 11 May, 2022 08:18pm
World Biden to blast Republicans as having no plan on inflation WASHINGTON: US President Joe Biden will use a speech on inflation on Tuesday as an attempt to turn his Democratic... Published 11 May, 2022 04:58am
Markets Oil drops, pressured by economic worries, strong dollar HOUSTON: Oil prices fell $1 on Tuesday, with the demand outlook pressured by coronavirus lockdowns in China and... Updated 10 May, 2022 09:36pm
Markets Commodity currencies hit by tumbling oil prices, bitcoin near 10-month low HONG KONG: Falling commodity prices dragged the Australian and Canadian currencies lower on Tuesday, although the... Published 10 May, 2022 10:54am
Opinion Biden sidelined global energy partners with record emergency oil release The United States announced a record-sized release of emergency crude oil reserves in March without consulting... Published 10 May, 2022 05:10am
Markets Oil prices tumble, weighed down by China lockdowns NEW YORK: Oil prices sank 4% on Monday alongside equities, as continued coronavirus lockdowns in China, the top oil... Updated 09 May, 2022 08:58pm
Markets Oil rises 2%, set for another weekly rise on supply concerns HOUSTON: Oil prices climbed more than 2% on Friday and were set to rise for a second consecutive week, shrugging off... Updated 06 May, 2022 09:07pm
Opinion Towards petroleum pricing and subsidies Petroleum prices have been maintained at status quo, but as it appears that it may not be possible to maintain the... Published 06 May, 2022 05:03am