Russian gold shipments to the UAE, China and Turkiye LONDON: The United Arab Emirates has become a key trade hub for Russian gold since Western sanctions over Ukraine... Published 25 May, 2023 01:12pm
Markets US oil may rise to $75.74 SINGAPORE: US oil may break a resistance at $74.54 per barrel, and rise to $75.74. The contract failed to overcome... Published 25 May, 2023 10:05am
Print 0.1m tons of Russian oil to arrive in first week of June ISLAMABAD: The vessels carrying 100,000 tons of discounted Russian oil will arrive at Pakistan ports in the first... Updated 25 May, 2023 08:52am
Markets China’s Russian oil imports rise in April but Saudi is top supplier SINGAPORE/BEIJING: China’s crude oil imports from Russia rose 8.6% in April from a year earlier, as larger private... Published 20 May, 2023 11:44am
Markets US oil biased to revisit May 15 low of $69.41 SINGAPORE: US oil is biased to revisit its May 15 low of $69.41 per barrel, following its two failed attempts to... Published 17 May, 2023 12:27pm
World In first, Kyiv says shot down volley of Russian ‘hypersonic’ missiles KYIV: Ukraine said on Tuesday it had shot down six Russian Kinzhal missiles in a single night, thwarting a weapon... Published 17 May, 2023 10:24am
Markets Oil rises on debt ceiling, demand optimism Oil prices rose 2% on Wednesday as optimism on oil demand and US debt ceiling negotiations outweighed supply... Updated 17 May, 2023 09:38pm
Markets US oil may rise towards $73.35 SINGAPORE: US oil may break a resistance at $71.85 per barrel and rise towards the next resistance at $73.35. The... Published 16 May, 2023 10:30am
Markets EU urged to crack down on imports of Indian fuels made with Russian oil: FT The European Union should crack down on India reselling Russian oil into Europe as refined fuels including diesel,... Published 16 May, 2023 09:56am
Markets Russian oil price in roubles falls below state budgeted level in May MOSCOW: The price of Russian Urals flagship oil blend, denominated in roubles, fell in early May 14% below the... Published 15 May, 2023 06:53pm
Markets US oil may test support of $69.85 SINGAPORE: US oil may test a support of $69.85 per barrel, a break below which could open the way towards $67.48. A... Published 12 May, 2023 10:44am
Markets Oil prices head for fourth weekly drop as demand fears weigh LONDON: Oil prices slipped on Friday, heading for a fourth weekly decline, as renewed economic concerns in the... Updated 12 May, 2023 02:52pm
Markets Russia starts diesel exports to Chile MOSCOW: Russia has started diesel exports to Chile, expanding its oil products supplies to Latin America after a... Published 10 May, 2023 05:18pm
Markets Pakistan keen on paying for Russian crude with Chinese Yuan: report Facing a growing energy crunch, Pakistan is keen to secure a long-term deal to buy Russian crude in Chinese... Updated 10 May, 2023 05:40pm
Markets Pakistan buys Russian oil but sees diversified future WASHINGTON: Facing a deep economic crisis, Pakistan has started to buy Russian oil, but the country’s petroleum... Published 09 May, 2023 09:51am
Markets US oil may retest resistance at $69.77 SINGAPORE: US oil may retest a resistance at $69.77 per barrel, a break above could lead to a gain into the... Published 05 May, 2023 10:03am
World Russia accuses US of being behind alleged Kremlin drone attack Russia accused the United States on Thursday of being behind what it says was a drone attack on the Kremlin intended... Published 04 May, 2023 03:16pm
Markets India, Russia suspend negotiations to settle trade in rupees NEW DELHI/MUMBAI: India and Russia have suspended efforts to settle bilateral trade in rupees, after months of... Published 04 May, 2023 01:23pm
Markets Russia sticking to its oil output cuts: Deputy PM Novak MOSCOW: Deputy Prime Minister Alexander Novak said on Thursday Russia was abiding by its voluntary pledge to cut oil... Published 04 May, 2023 01:12pm
Markets US oil may test resistance at $69.77 SINGAPORE: US oil may test a resistance at $69.77 per barrel, a break above which could lead to a gain into... Published 04 May, 2023 10:55am
World Fuel depot ablaze near key Crimea bridge in Russia A fuel depot was on fire early on Wednesday near a crucial bridge linking Russia’s mainland with Crimea, a Russian... Published 03 May, 2023 10:25am
Print Terms for test Russian oil cargo under discussion ISLAMABAD: The terms of the draft commercial contract for the test oil cargo from Russia are under discussion... Updated 03 May, 2023 08:50am
Print Multi-billion refinery to help bring oil prices down: Musadik ISLAMABAD: Minister of State for Petroleum Dr Musadik Malik on Friday said that Prime Minister Shehbaz Sharif had... Updated 29 Apr, 2023 11:40am
Markets US oil may fall to $72.37 SINGAPORE: US oil may break support at $73.98 per barrel and fall to $72.37, driven by a wave c. This wave is... Published 28 Apr, 2023 10:02am
Print Pakistan all set to get discounted Russian oil ISLAMABAD: Prime Minister Shehbaz Sharif said on Thursday that everything was set for his country to receive a... Updated 28 Apr, 2023 08:54am
World Russia says OPEC+ sees no need for further oil output cuts MOSCOW: Russian Deputy Prime Alexander Novak said on Thursday the OPEC+ group of leading oil producers saw no need... Published 27 Apr, 2023 12:57pm
World Russians pound frontline positions in Bakhmut, Ukraine military says Russian forces pounded the city of Bakhmut, the months-old focal point of their attempts to capture the eastern... Published 27 Apr, 2023 09:51am
Markets US oil may fall to $72.37 SINGAPORE: US oil may break support at $73.98 per barrel and fall to $72.37, driven by a wave c. This wave is... Published 27 Apr, 2023 09:31am
Business & Finance Country to save $18/bbl on import of Russian crude: FPCCI KARACHI: President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Irfan Iqbal Sheikh has... Published 27 Apr, 2023 06:24am
Markets US oil may fall to $75.78 SINGAPORE: US oil may test a support at $76.58 per barrel, with a good chance of breaking below this level and... Published 26 Apr, 2023 09:56am