Palm oil may test resistance at 4,260 ringgit Chances are that the high of 4,525 ringgit will be revisited Published 19 Jul, 2021 12:12pm
Print UAE, Saudi reach compromise: OPEC+ agrees oil supply boost MOSCOW/DUBAI/LONDON: OPEC+ ministers agreed on Sunday to boost oil supply from August to cool prices which have... Published 19 Jul, 2021 06:32am
Markets Oil edges up but on track for big weekly drop on supply concerns NEW YORK: Oil edged up after turning positive in volatile trade on Friday following supportive US economic news, but... Published 17 Jul, 2021 04:21am
Business & Finance Dollar little changed in Europe LONDON: The dollar was little changed against the euro and yen on Tuesday ahead of US inflation data, while the main... Published 14 Jul, 2021 03:59am
Markets Oil rises nearly 2pc as investors size up tight market NEW YORK: Oil prices gained almost 2% on Tuesday after the International Energy Agency said the market should expect... Published 14 Jul, 2021 03:59am
Business & Finance Oil demand surges, market set for deficit and volatility: IEA Oil markets are likely to remain volatile until there is clarity on OPEC+ production policy, the IEA warns Updated 13 Jul, 2021 02:19pm
Markets Oil prices slip as economic worries offset tightening supplies G20 warns COVID-19 variants threaten global economic growth US add oil, natural gas rigs for a second week in a row Published 12 Jul, 2021 12:05pm
Pakistan KPT chief inspects Oil Pier-I ISLAMABAD: Chairman Karachi Port Trust (KPT) Nadir Mumtaz on Sunday inspected Oil Pier-I and directed concerned... Published 12 Jul, 2021 05:26am
Print Export of POL products: EIF filing not required ISLAMABAD: The Federal Board of Revenue (FBR) has allowed the owners of petroleum products, including petroleum, ... Updated 11 Jul, 2021 01:11pm
Markets Oil prices rise over 2pc as US inventories decline NEW YORK: Oil prices rose for a second day on Friday as the market reacted to falling US inventories. Signs of... Published 10 Jul, 2021 03:42am
Print FY 2021: Oil production rises by 24pc KARACHI: Pakistan domestic oil production has increased by 24 percent to 75,575 bpd during the fiscal year ended on... Published 10 Jul, 2021 02:00am
Markets Brent oil may bounce more into $75.21-$76.21 range It is not very clear if the uptrend from $64.57 has resumed Published 09 Jul, 2021 10:40am
Markets Supply of gasoline from Karachi to Multan: White Oil Pipeline inauguration on Sept 1 ISLAMABAD: The federal government will inaugurate White Oil Pipeline (WOP) on September 1, 2021 for supply of... Published 09 Jul, 2021 04:25am
Markets Brent oil may bounce into $74.40-$75.21 range The wave c and the wave a are roughly equal, as revealed by a projection analysis. Such a relation confirms the completion Published 08 Jul, 2021 10:52am
Markets Brent oil may retest support at $74.34 The fall observes a set of retracements on the rise from $70.95 Published 07 Jul, 2021 10:45am
Markets US oil faces resistance zone of $76.83-$77.29 Support is at $76.14, a break below which could cause a fall into $74.99-$75.48 Published 06 Jul, 2021 10:53am
Markets Oil extend gains on prospects of tighter supply as OPEC+ talks called off Brent crude climbed 32 cents, or 0.4%, to $77.48 a barrel by 0408 GMT, after gaining 1.3% on Monday Published 06 Jul, 2021 10:48am
Markets Brent oil may rise to $78.35 A drop from the current level may be limited to $76 Published 06 Jul, 2021 10:43am
Markets Oil prices extend gains after OPEC+ talks fail, most equities up The breakdown of talks between OPEC and other key crude nations raised the possibility of $100 a barrel Published 06 Jul, 2021 09:54am
Markets Oil edges up as OPEC+ seeks to break impasse over supply The Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+ Updated 05 Jul, 2021 12:41pm
Markets Brent oil may retest resistance at $76.89 Even though oil failed twice to break the resistance, the uptrend looks steady within a rising channel, which suggests a target at $78.35 Published 05 Jul, 2021 10:30am
Markets Oil prices little changed as OPEC+ talks drag on NEW YORK: Oil prices were little changed on Friday after OPEC+ ministers delayed an output policy meeting, with... Published 03 Jul, 2021 03:19am
Markets Brent oil may retest resistance at $76.89 On the daily chart, oil has resumed its rise towards $77.96 Published 02 Jul, 2021 11:01am
Markets Most Asian markets rise after Wall St record, eyes on jobs data Traders are now looking forward to much-anticipated US jobs data later in the day Published 02 Jul, 2021 09:29am
Markets Nigerian lawmakers pass historic oil overhaul bill LAGOS/ABUJA: Both chambers of Nigeria's parliament have passed a bill that overhauls nearly every aspect of the... Published 02 Jul, 2021 04:20am
Markets Oil prices inch up ahead of OPEC+ decision on supply cuts WTI rose more than 10% in June while Brent added over 8%, touching their highest levels since October 2018 Published 01 Jul, 2021 12:20pm
Markets Corn rises nearly 1% on lower US planting, wheat eases US estimates are fuelling global supply concerns as inventories are slim and growing areas in North and South America are grappling with unfavourable weather Published 01 Jul, 2021 10:38am
Markets Brent oil may test resistance at $75.24 On the daily chart, oil has completed a pullback towards $73.50. It may have resumed its rise towards $77.96 Published 01 Jul, 2021 10:37am
Print Commercial pacts in oil & gas sector: PD seeks an end to roles of NAB, PPRA ISLAMABAD: The Petroleum Division has proposed that the role of the National Accountability Bureau (NAB) and the... Published 01 Jul, 2021 04:09am
Markets Brent oil may test resistance at $76 The contract may resume its rise towards $77.96. Published 30 Jun, 2021 11:09am