Oil prices rise after US interest rate cut Oil prices rose more than 1% on Thursday after a large interest rate cut from the U.S. Federal Reserve, helping... Updated 19 Sep, 2024 07:25pm
Markets Indian plans to keep buying cheap Russian oil, oil minister says India is prepared to keep buying oil from Russian companies that are allowed to make such sales, since prices are... Published 18 Sep, 2024 12:21pm
Print Russia reintroduces ban on petrol exports till year end MOSCOW: The Russian government announced Wednesday that it was reintroducing a ban on petrol exports for another six... Updated 15 Aug, 2024 08:38am
Print Cheap Russian oil: Musadik claims private sector made hefty profits ISLAMABAD: Minister for Petroleum, Dr. Musadik Masood Malik has reportedly accused private sector of earning huge... Updated 02 Aug, 2024 09:54am
World Beijing urges Britain to stop sanctioning Chinese firms over Russian links HONG KONG: China’s commerce ministry said on Wednesday that it had urged Britain to stop sanctioning Chinese firms... Published 20 Jun, 2024 06:01am
World Russia boosts oil revenues LONDON/NEW DELHI: Russian oil exporters are charging more for their oil in major market India than at any time since... Published 15 Jun, 2024 06:57am
Markets Czech premier sees end of Russian oil dependence by mid-2025 PRAGUE: The Czech Republic will end its dependence on Russian oil by mid-2025 thanks to an expansion of the... Published 05 Jun, 2024 07:47am
Markets Oil stabilises ahead of US inflation data and OPEC+ meeting LONDON: Oil prices held steady on Friday as investors awaited U.S. inflation data for clues on the demand outlook... Updated 31 May, 2024 05:19pm
Markets Oil prices gain on expectations of OPEC+ extension to output cuts LONDON: Oil prices grazed a four-week peak on Wednesday on expectations that major producers will extend output cuts... Updated 29 May, 2024 05:20pm
Business & Finance India’s Reliance to buy Russian oil in roubles NEW DELHI: India’s Reliance Industries, operator of the world’s biggest refining complex, has signed a one-year deal... Updated 29 May, 2024 08:37am
Markets India’s Reliance to buy Russian oil in roubles NEW DELHI: India’s Reliance Industries, operator of the world’s biggest refining complex, has signed a one-year deal... Published 28 May, 2024 04:42pm
Markets China's imports of Russian oil near record high in March BEIJING: Russia remained China’s top oil supplier in March, data showed on Saturday, as refiners snapped up stranded... Published 20 Apr, 2024 06:30pm
Markets China’s CNOOC stockpiles Russian oil at new reserve base SINGAPORE: State-run China National Offshore Oil Co, one of the country’s top importers of Russian oil, has in... Published 16 Apr, 2024 03:38am
Markets Russian oil and products trapped at sea MOSCOW/LONDON: Russian oil and products have become trapped at sea on four tankers after the United States hit the... Published 13 Apr, 2024 03:49am
BR Research Oil prices in for a surge? International oil prices have hovered and remained steady over the last month only to be triggered by some recent... Published 19 Mar, 2024 09:03am
Markets Russian oil exports from its western ports revised up 10% in March amid refinery outage MOSCOW: Russia will increase oil exports through its western ports in March by almost 200,000 barrels per day (bpd)... Published 18 Mar, 2024 04:30pm
Markets China’s 2023 crude oil imports hit record as fuel demand recovers China’s annual crude oil imports hit an all-time high in 2023, customs data showed on Friday, as fuel demand... Published 12 Jan, 2024 10:35am
Markets Rising prices cap India’s thirst for Russian oil NEW DELHI: Indian purchases of Russian crude in defiance of Western pressure over the Ukraine war have fallen to an... Published 10 Jan, 2024 03:07pm
Markets India’s Russian oil imports drop on pricing, not due to payment woes NEW DELHI: India’s oil imports from Russia fell due to unattractive pricing and not because of payment problems, oil... Published 03 Jan, 2024 04:37pm
Markets Oil falls over demand concerns after US inventory build TOKYO: Oil prices fell on Thursday as concerns over low demand following a surprise US crude inventory build... Updated 21 Dec, 2023 01:04pm
Markets Oil perks up as Red Sea tensions spark investor jitters LONDON: Global oil benchmark Brent topped $80 a barrel on Wednesday amid jitters over global trade disruption and... Updated 20 Dec, 2023 05:11pm
Markets Oil rises by more than 1% on Red Sea tanker attack, re-routings LONDON: Oil rose more than 1% on Monday as attacks by the Houthis on ships in the Red Sea raised concerns of oil... Updated 18 Dec, 2023 06:36pm
Print Russia eyes additional oil export cuts of about 50,000bpd in Dec MOSCOW: Russia said on Sunday it would deepen oil export cuts in December by potentially 50,000 barrels per day or... Updated 18 Dec, 2023 08:35am
Markets India bought Russian oil at $84.2/bbl in October, highest since December NEW DELHI: The average price of Russian oil delivered to top buyer India in October rose to $84.20 per barrel, way... Published 12 Dec, 2023 04:46pm
Markets Russian, Iranian oil sellers boost prices as Venezuelan crude rallies SINGAPORE: Sellers of sanctioned oil from Russia and Iran are hiking offer prices to China after Venezuelan crude... Published 11 Dec, 2023 01:54pm
Markets India’s Russian oil purchases could rise as global oil prices ease NEW DELHI: India’s purchases of Russian oil could rise due to easing global oil prices, a senior government official... Published 08 Dec, 2023 01:43pm
Markets Russia cuts gasoline, diesel output in October MOSCOW: Russian oil refineries reduced crude oil processing volumes in October from September by around 1.2% on a... Published 08 Nov, 2023 04:38pm
Markets Russian oil price for India eased in September vs Aug NEW DELHI: The average landed price of Russian oil for Indian refineries in September eased from August, according... Published 06 Nov, 2023 05:10pm
Markets China’s September oil imports from Russia fall on month BEIJING/SINGAPORE: Russian crude oil arrivals in China fell in September from a peak level set in the prior month,... Published 20 Oct, 2023 11:01am
Markets China crude imports up 14% on year ahead of peak travel BEIJING: China’s crude oil imports in September grew nearly 14% from a year earlier, as refiners stepped up... Published 13 Oct, 2023 10:02am
PIA privatisation: Blue World City refuses to match PC’s ‘minimum expectation’ of Rs85.03bn, sticks to Rs10bn offer
PIA privatisation: Blue World City refuses to match PC’s ‘minimum expectation’ of Rs85.03bn, sticks to Rs10bn offer