Most of Gulf markets flat; Saudi index rises DUBAI: Most stock markets in the Gulf ended steady on Thursday in the absence of any fresh index-moving catalysts,... Published 12 Feb, 2021 04:54am
Markets Asian fuel oil margin hits 1-year high SINGAPORE: Supported by shrinking supplies and firm demand, Asian refiners’ profit from producing very low sulphur... Updated 12 Feb, 2021 11:47pm
Markets Argentina rains help pump up soyabean, corn crop forecasts BUENOS AIRES: Abundant rains in recent weeks in Argentina have lifted forecasts for soyabean and corn harvests,... Updated 12 Feb, 2021 11:47pm
Markets Norway to supply power from shore to more oil and gas platforms OSLO: Norway has approved projects to supply power from land to several more offshore oil and gas platforms in order... Updated 12 Feb, 2021 11:47pm
Markets Oil eases as OPEC, IEA fret about demand • Brent eases after tying record 9 sessions of gains • WTI eight-day rally also ends • OPEC again cuts 2021... Updated 12 Feb, 2021 11:47pm
Markets Brent oil may retreat into $60.12-$60.43 range That means the upside could be very limited even though oil may keep on edging up. The risk for a deep fall, however, has become increasingly high. Published 11 Feb, 2021 10:06am
Opinion Oil-rich Libya in poverty after decade of conflict Libya has Africa’s largest proven oil reserves and only seven million people, but a decade of bloody conflict has... Published 11 Feb, 2021 04:35am
Markets Oil in longest rally in two years NEW YORK: Oil rose on Wednesday, extending its rally for a ninth day, its longest winning streak in two years,... Published 11 Feb, 2021 04:34am
Print Ogra allows SNGPL to raise average price of gas ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has allowed Sui Northern Gas Pipeline Limited (SNGPL) to... Published 11 Feb, 2021 04:34am
Markets World stocks index edges higher, while U.S. bond yields fall on data The Labor Department said its consumer price index increased 0.3pc last month after climbing a revised 0.2pc in December. Published 11 Feb, 2021 12:19am
Markets Oil in longest rally in two years as vaccines boost demand hopes Crude benchmarks rise to 13-month highs. OPEC+ supply restraint, vaccine rollouts support. API says crude inventories fell by 3.5 mln barrels. Published 10 Feb, 2021 09:37pm
Markets Brent oil may rise into $61.74-$62.23 range The reversal signals a continuation of the uptrend. Published 10 Feb, 2021 10:49am
Markets Malaysian palm oil climbs 4pc KUALA LUMPUR: Malaysian palm oil futures rose as much as 4.6% to hit a near one-month high on Tuesday, boosted by... Published 10 Feb, 2021 04:12am
Markets Oil extends rally to fresh 13-mth highs NEW YORK: Oil prices extended their rally for a seventh session on Tuesday to hit fresh 13-month highs, supported by... Published 10 Feb, 2021 04:12am
Markets Activities of Karachi Port and Port Qasim KARACHI: The Karachi Port handled 160,278 tonnes of cargo comprising 125,615 tonnes of import cargo and 34,663 ... Published 10 Feb, 2021 04:12am
Print State oil firms risk wasting $400bn as energy shift speeds up LONDON: State-owned oil companies could squander about $400 billion on investments in the next decade on new oil... Published 10 Feb, 2021 04:12am
Markets US oil may extend gains into $58.88-59.38 range Due to its fierce character, this wave (3)-3 is unlikely to be disrupted by any decent correction, until it unfolds to $59.38. Published 09 Feb, 2021 10:59am
Markets Brent oil may rise into $61.43-$61.74 range Support is at $60.64, a break below which may cause a fall to $60.43. On the daily chart, oil is riding on an extended wave 5. Published 09 Feb, 2021 10:57am
Markets Oil hits over 1-year high on supply cuts, stimulus hopes NEW YORK: Oil prices rose on Monday to their highest in over a year, with Brent nudging past $60 a barrel, boosted ... Published 09 Feb, 2021 04:43am
Markets Oil lifts Saudi shares; other Gulf indexes fall DUBAI: Saudi Arabian shares surged on Monday as crude prices rose to their highest in just over a year, while the... Published 09 Feb, 2021 04:43am
Markets Monday’s early trade: US top indexes scale all-time highs NEW YORK: Wall Street’s main indexes scaled all-time highs on Monday, as investors bets on hopes that a fiscal... Published 09 Feb, 2021 04:43am
Markets Tokyo rubber futures rise TOKYO: Japanese rubber futures reached a three-week high on Monday, extending gains for a third straight session, as... Published 09 Feb, 2021 04:43am
Markets Brent oil hits year-high above $60 Crude and other assets are winning support also from the prospect of a $1.9-trillion US stimulus package. Published 08 Feb, 2021 05:03pm
Markets Palm oil may retreat to 3,322 ringgit On the daily chart, the contract managed to hover above a rising trendline. Published 08 Feb, 2021 10:31am
Markets Saudi leads most Gulf markets higher DUBAI: Most Gulf stocks closed higher on Sunday following Friday’s rise in global equities and a jump in oil... Published 08 Feb, 2021 03:46am
Business & Finance Chevron posts loss on weak refining HOUSTON: US oil major Chevron Corp on Friday swung to a surprise $11 million fourth-quarter loss as low margins on... Published 08 Feb, 2021 03:46am
Editorials Oil smuggling from Iran EDITORIAL: Surely, the government understands that the problem presented by oil smuggled from Iran into Balochistan... Published 08 Feb, 2021 03:46am
World Surprise as Dbeibah elected Libyan transitional PM GENEVA: Libyan delegates at UN-facilitated talks outside Geneva on Friday made the surprise choice of Abdul Hamid... Published 06 Feb, 2021 04:06am
Markets Oil hits highest in a year on growth hopes, OPEC+ output cuts • Brent hits highest since Feb 2020, set for 6pc weekly gain NEW YORK: Oil prices rose on Friday, hitting their... Published 06 Feb, 2021 04:06am
Markets Russian pipeline oil exports via northern Druzhba down 20pc MOSCOW: Russian oil exports via the northern section of the Druzhba pipeline to Poland and Germany fell to 2.26... Published 06 Feb, 2021 04:06am
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees