Oil little changed after OPEC+ agrees to boost output NEW YORK: Oil prices were little changed after erasing early losses on Thursday after OPEC+ agreed to boost crude... Published 02 Jun, 2022 07:04pm
Markets Moscow calls EU move to phase out Russian oil ‘self-destructive’ Russia warned on Thursday that the European Union’s decision to partially phase out Russian oil was likely to... Published 02 Jun, 2022 06:13pm
Markets OPEC+ working on making up for lower Russian oil output LONDON: OPEC+ is working on compensating for a drop in Russian oil output, two OPEC+ sources said on Thursday, as... Published 02 Jun, 2022 11:35am
Markets US MIDDAY: Gold rises NEW YORK: Gold prices rose from a two-week low on Wednesday as investors looked toward the safe-haven metal amid... Published 02 Jun, 2022 06:19am
Markets Restricting US fuel exports would be ‘unwise’, says Chevron CEO HOUSTON: Chevron Corp Chief Executive Michael Wirth said on Wednesday he expected oil and motor fuel prices to stay... Published 02 Jun, 2022 06:19am
Markets Oil rises as EU to phase in Russian oil ban, Shanghai ends lockdown NEW YORK: Oil prices strengthened on Wednesday after European Union leaders agreed to a phased ban on Russian oil ... Published 02 Jun, 2022 06:19am
Markets Kremlin says it can re-route oil exports to minimize losses from EU embargo The Kremlin warned on Wednesday that the European Union’s sanctions on Russian oil would hit the global energy... Published 01 Jun, 2022 05:19pm
Markets Wall St falls on inflation fears; Powell-Biden talks in focus NEW YORK: US stocks fell on Tuesday as soaring oil prices and hawkish comments from a Federal Reserve official... Published 01 Jun, 2022 05:53am
Pakistan Difficult to imagine buying Russian oil at this time: Miftah Ismail Finance minister says Russia did not respond to letter, written by previous govt, on buying the commodity from it Says Islamabad has asked both Russia and Ukraine to sell it wheat Updated 31 May, 2022 10:14pm
Markets Russian oil output slightly up at 10.17mn bpd, TASS reports Russia raised oil production slightly to 10.17 million barrels per day (bpd) between May 1 and 29, TASS news agency... Published 30 May, 2022 05:20pm
Print Sri Lanka gets Russian oil to ease shortages COLOMBO: Cash-strapped Sri Lanka took delivery Saturday of Russian oil — which could soon be subject to a European... Published 29 May, 2022 05:50am
Markets Cash-strapped Sri Lanka gets Russian oil to ease shortages COLOMBO: Cash-strapped Sri Lanka took delivery Saturday of Russian oil -- which could soon be subject to a European... Published 28 May, 2022 09:06pm
Markets Asia’s naphtha margin turns negative NEW DELHI: Asia’s naphtha refining profit margin on Friday turned negative, for the first time since April 2020... Published 28 May, 2022 05:11am
Markets India’s GAIL open to buying Russian oil and gas assets NEW DELHI: India’s largest gas transmitter GAIL is open to buying Russian oil and gas assets shunned by Western... Published 28 May, 2022 05:11am
Markets Russia sends record volumes of oil to India, China KARACHI: While Europe shuns Russian oil amid sanctions and expectations of an oil embargo on Russian oil imports,... Published 28 May, 2022 05:11am
Markets Russia sends record volumes of oil to India, China: report While Europe shuns Russian oil amid sanctions and expectations of an oil embargo on Russian oil imports, India and... Published 27 May, 2022 10:54pm
Markets EU may clinch summit deal to embargo Russian oil shipments BRUSSELS: EU countries scrambled on Friday to reach a deal that would embargo seaborne deliveries of Russian oil but... Published 27 May, 2022 08:06pm
Markets India’s GAIL open to buying Russian oil and gas assets, chair says NEW DELHI: India’s largest gas transmitter GAIL is open to buying Russian oil and gas assets shunned by Western... Published 27 May, 2022 07:52pm
Markets Oil prices increase supported by the prospect of a tight market HOUSTON: Oil prices rose on Friday, as signs of a tight market supported prices ahead of the U.S. Memorial Day... Updated 27 May, 2022 10:21pm
Markets Oil steadies as economic growth worries counter supply risks NEW YORK: Oil prices steadied on Friday, setting them on course for little change on the week, as a planned European... Published 21 May, 2022 04:34am
Markets China quietly increases purchases of low-priced Russian oil SINGAPORE: China is quietly ramping up purchases of oil from Russia at bargain prices, according to shipping data ... Published 21 May, 2022 04:34am
Markets More Russian oil going east squeezes Iranian crude sales to China LONDON: Iran’s crude exports to China have fallen sharply since the start of the Ukraine war as Beijing favoured... Published 20 May, 2022 06:32am
Markets Russia jumps to fourth position as oil supplier to India, tanker data shows NEW DELHI: Russia became the fourth-largest oil supplier to India in April, with volumes set to rise further in... Updated 18 May, 2022 12:30am
Markets Saudi bourse rebounds; Aramco’s profit soars 82pc in Q1 DUBAI: Saudi Arabia’s stock market rebounded on Sunday, after a sharp decline in the previous session, while the... Published 16 May, 2022 05:42am
Opinion Hungary holds up EU plan to ban Russian oil The European Union’s hopes to quickly impose a ban on Russian oil imports could be dashed after Hungary demanded... Published 15 May, 2022 05:35am
Markets Oil rises as supply concerns outweigh reduced demand, recession risks NEW YORK: Oil prices rose on Thursday, reversing earlier losses, as supply concerns and geopolitical tension in... Published 13 May, 2022 05:59am
Markets Russian diesel discount offers big margins in two-tier European trade LONDON: Russian diesel is trading at a steep discount to the fuel produced by other countries, traders said,... Published 11 May, 2022 05:48pm
Markets Most Gulf bourses in red in line with global shares DUBAI: Most stock markets in the Gulf ended lower on Monday, in line with global shares as worries about higher... Published 10 May, 2022 05:10am
Markets China’s Iranian oil imports ease on poor margins, lure of Russian oil SINGAPORE/LONDON: China’s Iranian oil imports in April came off peak volumes seen in late 2021 and early 2022 as... Published 10 May, 2022 05:10am
Markets Russian oil: German PCK Schwedt oil refinery faces run cuts: Shell CEO LONDON: Germany’s 233,000 barrel-per-day PCK Schwedt oil refinery is set to reduce runs without Russian barrels,... Published 09 May, 2022 05:39am
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees
