Iran's president says subsidised fuel prices are irrational
Iran's president says subsidised fuel prices are irrational
JI Emir Hafiz Naeem hopeful of successful strike today
JI chief demands that agreements with IPPs should be revoked to facilitate public
Oil falls on weak China demand concerns, Mideast ceasefire talks
U.S. gasoline stocks dropped by 5.6 million barrels.
Oil settles at one-month low on Gaza ceasefire hopes
A stronger US dollar also played a role in latest dip
Govt all set to drop another petrol bomb on inflation-battered people
Petrol price expected to raise by Rs7.67 per litre, high-speed diesel by Rs3.72 per litre
Oil settles 1pc lower as Mideast ceasefire talks ease supply disruption concerns
Brent and WTI rose 0.4pc and 2.1pc for the week
Oil prices up over 3pc for the week
Strong dollar, mixed global economic news made Brent and WTI some of the gains on Friday
Oil down for third week on a row amid deflated US rate cut expectations
ECB rate cut had spurred hopes for similar Fed action
Oil on a slide despite extension in OPEC+ production cuts
Brent was down 3.4pc and WTI 3.6pc on Monday despite OPEC+ continuing with supply cuts
OPEC+ extends oil production cuts deep into 2025
Tepid demand growth, high interest rates and rise in pumping by the US are the reasons
Oil down ahead of OPEC+ meeting, posts weekly loss
Market under pressure over the prospect of US interest rates staying higher for longer
Petroleum prices to go down? Iran plans to raise oil output to 4m barrels per day
Report comes after UAE boosts its production capacity to 4.85m from 4.65m
Chinese companies win more bids to explore for Iraq oil and gas
Chinese companies win more bids to explore for Iraq oil and gas
Iraq won't agree to new OPEC+ oil production cuts: Minister
US energy secretary will Saudi Arabia and UAE next week
Iraq hopes oil reserves will exceed 160 bn barrels
Iraq hopes oil reserves will exceed 160 bn barrels
Oil falls on prospect of higher-for-longer US interest rates, stronger dollar
Dallas Federal Reserve President Lorie Logan says policy may not be tight enough
Oil down on rising US stockpiles, cautious supply expectations
Expert believes OPEC+ will reverse production cuts from July which will further reduces prices
Petrol demand growth to slow this year on higher EV sales in China, US
Consumption to grow in India and Indonesia
Oil down over 7pc for the week -- the steepest loss in three months
OPEC+ could extend supply cuts beyond June
Oil falls for a third day amid easing Middle East tensions, increased production
US crude inventories rise 4.906m barrels in the week ended April 26
Oil prices up for the week on supply concerns, but economic woes subdue gains
Persistent US inflation means Federal Reserve isn't going for rate cuts soon
Russia cuts oil price forecast to $65 per barrel in 2024-27
Natural gas prices for exports to EU, Turkey and China also revised downward
Refineries against fuel price deregulation which Ogra says will boost competition
A letter reads that they require protection through ‘pragmatic and supportive measures’
Oil down over 3pc during the week despite Israel-Iran tensions
The IMF expects OPEC+ to begin increasing output from July
Oil posts weekly loss after nearing a six-month high
IEA trims 2024 demand growth view; Concerns prevail over slower US interest rate cuts
Pakistan consumers may face the brunt as oil prices up over 4pc in a week
US economy added 303,000 jobs last month, which may delay Federal Reserve interest rate cuts
Saudi oil giant Aramco profit stood at $121bn last year, down from 2022 record
Crown Prince Mohammed bin Salman hopes to use the oil wealth to pivot the kingdom off oil sales
Oil posts nearly 2pc weekly loss as markets weigh Chinese demand
OPEC+ members led by Saudi Arabia and Russia agreed on Sunday to extend voluntary oil output cuts
Oil makes more weekly gains as OPEC+ is expected to continue production cuts
US economic data reinforces market bets for interest rate cut
Brent down 2pc, WTI falls over 3pc as US rate cut hopes dim
Fed governor sees 'no rush' to slash interest rates
Brent and WTI prices up for the week amid Middle East tensions
Gains come despite IEA trimming oil demand growth forecast
Shell expects 50pc rise in LNG demand by 2040
OPEC Secretary general believes long-term demand outlook is robust
Oil little changed as demand concerns offset Middle East tensions
Oil little changed as demand concerns offset Middle East tensions
India will be world's biggest oil demand growth driver through 2030
India will be world's biggest oil demand growth driver through 2030
Saudi Arabia orders Aramco to lower oil capacity target
Morgan Stanley analysts say the move could reflect less increase in oil demand than expected
Oil record weekly gain over Middle East tensions, global economy woes
IEA lifts demand growth forecast, expects well supplied market
Oil prices rise 2pc after US, Britain strikes in Yemen
The benchmarks were adding to gains of nearly 1% from the day before
Oil falls over 3pc as Saudi price cuts add to demand doubts
Force majeure declared at Libyan oilfield
Brent up $1.74, WTI $2.16 during the week amid Middle East tensions
Maersk diverts vessels from Red Sea for foreseeable future
Oil prices shed 10pc in 2023 as supply, demand concerns weigh
According to a forecast, Brent crude will average $82.56 next year
Oil continues slipping as ships return to Red Sea
US government data on stockpiles is due later in the day
Payment woes delay supply of Russian Sokol oil to India
Payment woes delay supply of Russian Sokol oil to India
Russia exports almost all its oil to China and India
Russia exports almost all its oil to China and India
Oil steadies as investors eye Middle East tensions and US rate cut
Oil steadies as investors eye Middle East tensions and US rate cut
First output from Venezuela's Dragon gas field expected in 2 years
First output from Venezuela's Dragon gas field expected in 2 years
Oil posts around 3pc weekly gain as Red Sea attacks increase shipping costs
Major shippers impose extra charges; China could invest in Angola's oil output
OPEC+ influence is waning as prices flag despite oil production cuts
Analysts say lack of unity has fuelled scepticism; its market share has dropped to 51pc
Saudi Arabia's crude exports rise to four-month high in October
Saudi Arabia's crude exports rise to four-month high in October
US-Europe to talk Russia oil price cap enforcement
US-Europe to talk Russia oil price cap enforcement
Oil manages to escape weeks-long streak of losses with slight gains
Friday saw an over $1 a barrel tumble initially before Brent, WTI recovered most of the lost ground
Oil slips as weak sentiment counters Middle East tensions
Oil slips as weak sentiment counters Middle East tensions
Oil prices hold steady, propped up by US purchases
Oil prices hold steady, propped up by US purchases
Oil down for seventh consecutive week, Brent settles at $75.84
Saudi Arabia, Russia call for all OPEC+ members to join supply cuts
Oil falls 4pc as build in gasoline stocks fuel demand concerns
Despite the OPEC+ supply curbs, prices have slipped nearly 11pc since the settlement on Nov 29
How would Canada's proposed oil and gas emissions cap work?
How would Canada's proposed oil and gas emissions cap work?
Oil prices continue slipping amid global economic uncertainty
Previous session saw WTI sliding for fourth consecutive day for the first time since May
US, allies pressure Liberia, Marshall Islands, Panama over Russia oil sanctions
US, allies pressure Liberia, Marshall Islands, Panama over Russia oil sanctions
Oil prices well below $80, fall more than 2pc despite OPEC+ cuts
US Fed to move carefully on interest rates; Global manufacturing data sluggish in November
Canada's oil province Alberta forecasts increased C$5.5 billion budget surplus
Canada's oil province Alberta forecasts increased C$5.5 billion budget surplus
Gabon seeks to preempt $1.3 bln sale of Carlyle's oil business
Gabon seeks to preempt $1.3 bln sale of Carlyle's oil business
Currency clashes sour Russia's oil trade with Asia
Currency clashes sour Russia's oil trade with Asia
Oil prices: Brent down 1pc, WTI decline 2pc to close the week
OPEC+ has moved closer to a compromise with African oil producers on 2024 output levels
Oil edges up on expectations of further OPEC supply cuts
Oil edges up on expectations of further OPEC supply cuts
American arrested in Venezuela just days after Biden administration eases oil sanctions
American arrested in Venezuela just days after Biden administration eases oil sanctions
Oil prices down for fourth week in a row despite 4pc gain on Friday
OPEC+ considers additional oil supply cuts; US oil rig count rises in biggest weekly hike since Feb
Oil prices slip on US crude build and China demand worries
Oil prices slip on US crude build and China demand worries
Govt reduces petrol price by Rs2.04, HSD by Rs6.47
The new prices of petrol and HSD will be Rs281.34 and Rs296.71 per litre, respectively
Denmark could block tankers with Russian commercial oil
Denmark could block tankers with Russian commercial oil
Russian oil shaves India's import costs by about $2.7 bln
Russian oil shaves India's import costs by about $2.7 bln
Possible effects on Pakistan? Oil prices fall to over three-month low
Mixed Chinese economic data raised worries about global demand
Russian oil price for India eased in September vs Aug
Russian oil price for India eased in September vs Aug
Saudi Arabia, Russia to continue additional voluntary oil cuts
A June decision by OPEC+ already limits supply into 2024 with the alliance due to meet on Nov 26
Oil prices down 6pc in a week as supply disruption fears ease
US job data raise expectations that Federal Reserves won’t go for another rate hike
Nigeria brings major Dangote refinery to life with own oil supply
Nigeria brings major Dangote refinery to life with own oil supply
World Bank sees oil price dipping to $81 next year, but Middle East war can be a spoiler
Worst case scenario due to an expanded conflict may spike the prices to $140-$157 range
Oil falls more than 1% on bleaker economic outlook
Oil falls more than 1% on bleaker economic outlook
Oil dips below $90 a barrel as US agrees Venezuela deal
Oil dips below $90 a barrel as US agrees Venezuela deal
BRT outstanding arrears: Private company issues notice of suspension
Company wants immediate release of Rs 56 crore
Russia, Saudi Arabia discuss oil market, prices amid Israel-Hamas war
Russia, Saudi Arabia discuss oil market, prices amid Israel-Hamas war
Oil prices plunge on investor caution as market eyes ME turmoil
Brent crude fell 30 cents, or 0.3pc, to $87.85 a barrel by 0330 GMT
Brent retreats to $86.71 after over 4pc spike during early trading
Current price is still below $97.69 per barrel recorded on Sept 28
Saudi Arabia, other Arab states reaffirm commitment to voluntary oil production adjustments
Three top OPEC nations call for not to stigmatise oil and gas
Pakistan records over 37pc inflation last week
Among 51 items, prices of 19 goods increased, 16 decreased, and 16 remained unchanged
Brent down 11pc as oil prices post biggest weekly decline since March
Fears of slow economic growth and demand amid persistent high interest rates are the reasons
Oil on track for sharpest weekly decline since March
Brent futures were up 36 cents, or 0.4pc, at $84.43 at 0147 GMT
Oil down more than $5 as US data shows weak demand for gasoline
A 30pc spike in fuel prices in the third quarter of this year depressed demand
OPEC+ panel maintains oil policy as Saudi Arabia, Russia keep cuts
Prices have come under pressure in recent days over interest rates and weaker economic growth
Oil edges lower on strong US dollar, mixed supply cues
Brent futures dipped 30 cents to $90.41 a barrel by 0849 GMT
Dollar grows stronger amid high interest rates, Brent futures hit one-year high
Greenback surges to 149.71 against yen
Successive governments trapped nation in IMF loans: Hafiz Naeem
Working class paid Rs264 billion while Rs 4 billion were contributed by rich: JI leader
OPEC+ cuts to tighten oil market sharply in fourth quarter: IEA
Broader economic concerns amplified by worries that interest rates will remain high in the US
Riyadh and Moscow extend production cuts, G7 shelves regular Russian oil cap reviews
Benchmark Brent oil futures are trading at their highest this year at above $90 a barrel
Caretaker PM Kakar for good roads to access resources
Caretaker PM Kakar for good roads to access resources
IMF seeks plan from Pakistan to provide relief to power consumers
Further dialogue will be held between FBR and IMF
Oil rises on US stockpile draw and hurricane jitters
Brent crude futures for October rose by 42 cents, or 0.49%, to $85.91 a barrel by 0748 GMT
Protests erupt in Syria's Druze city over fuel hikes
Protests erupt in Syria's Druze city over fuel hikes
Lawmakers urge Biden to resolve offloading delay of seized Iran oil tanker
Lawmakers urge Biden to resolve offloading delay of seized Iran oil tanker
Rs17.50 per litre spike - all-time high petrol prices put a strain on the masses
There is Rs20 hike in the high-speed diesel rate too
Colombia's potential renewables boom short circuits on Indigenous resistance
Colombia's potential renewables boom short circuits on Indigenous resistance
Oil nudges up as China cuts policy rates to support economy
Brent crude futures rose 11 cents, or 0.1%
Most Gulf markets in red as China woes linger, oil falls
Most Gulf markets in red as China woes linger, oil falls
Oil steadies as China worries counter supply cuts
Brent crude futures slipped 35 cents to $86.46 a barrel by 1027 GMT
IEA warns of higher oil prices amid OPEC+ supply cuts
Says reduction collided with improved macroeconomic sentiment, all-time high world demand
Oil prices ease as bearish China data fuels demand concerns
China's oil imports in July fell 18.8% from the previous month to the lowest daily rate since Jan
Oil slips as weak China data offsets tightening supply
Oil slips as weak China data offsets tightening supply
Oil prices edge up as production cuts keep market supported
Russia also said it would cut oil exports by 300,000 barrels per day in September
Saudi Arabia hikes most September oil prices to Asia
Saudi Arabia said that the voluntary oil output cut of 1M BPD would be extended to include September
Oil rises for 6th straight week as global supplies tighten
Saudi Arabia on Thursday extended a voluntary oil production cut of 1 million barrels per day
Oil prices set for sixth weekly gain as producers pledge output cuts
Brent on Thursday clawed back a 2% drop in the Wednesday session
Oil prices rise more than 1pc after sharp drop in US crude stocks
Analysts expect Riyadh to extend its 1m bpd voluntary oil output cut for another month
Oil holds near three-month high on signs of tightening supply
Brent crude futures for October were at $85.25 a barrel
Oil inventory drops set stage for higher prices
The declines have also been skewed more towards fuel than crud
Oil on track for biggest monthly gains in over a year
Brent crude futures dipped 9 cents to $84.90 a barrel by 0005 GMT
Oil prices open lower on demand concerns, remain on track for weekly gain
Oil rose last session as fears of a global economic slowdown were eased by strong earnings reports
Oil up as supply tightness view offsets concerns from rate hikes
Oil prices edged lower on Wednesday as U.S. crude inventories fell less than expected
Oil prices ease after build in US crude stockpiles
Saudi oil exports fell almost 40pc in May from the same period a year ago
UN starts removing oil from decaying tanker near Yemen in Red Sea
UN starts removing oil from decaying tanker near Yemen in Red Sea
Oil rallies for fourth straight week on tightening supply
US energy firms this week reduced the number of oil rigs by seven, their biggest cut since early Jun
Oil settles higher amid low crude stocks, cautious economic outlook
Previously, prices fell after data showed U.S. inventories fell less than analysts expected
Oil prices open lower on dollar strength, profit-taking
U.S. crude inventories fell by 708,000 barrels in the last week to 457.4 million barrels
Oil prices up on China economic support pledge, tighter supply
Russia will reduce its oil exports by 2.1 million tons in the third quarter
Oil prices inch up as US crude supplies seen tightening
U.S. shale oil production is projected to fall to nearly 9.40 million barrels per day in August
Oil slides more than 1pc as Chinese GDP dents demand hopes
Two of three Libyan fields have resumed output; Russian oil exports from western ports set to fall
Oil prices fall on profit-taking, still record weekly gain
Oil prices gained nearly 2% on a weekly basis
OPEC sees 2.2pc oil demand growth in 2024 despite headwinds
OPEC's demand growth forecast for 2024 is double that of the International Energy Agency
IEA trims 2023 oil demand forecast on economic headwinds
Oil demand growth is set to halve next year to 1.1 million bpd
Pakistan negotiating second cargo of discounted Russian crude
Mr. Malik did not disclose the quantity of oil under discussion for the second consignment
Oil prices rise in early trade as US inflation cools
Oil prices rise in early trade as US inflation cools
UAE's revised energy strategy includes big hydrogen plans
UAE's revised energy strategy includes big hydrogen plans
Russia, Gulf top diplomats say OPEC+ efforts stabilize global oil market
They also emphasized the importance of unhindered access to global markets for food and fertilizers
Oil dips $1 on interest rate fears, but OPEC+ cuts limit fall
Oil dips $1 on interest rate fears, but OPEC+ cuts limit fall
Oil prices up 3% to 9-week high on supply concerns
That was the highest close for Brent since May 1 and WTI since May 24
Saudi Arabia hikes most August oil prices to Asia after supply cuts
Saudi Arabia announced it would draw out its 1 million bpd voluntary cut to oil in August
Oil prices steady as rate hike fears offset signs of tightening supply
U.S. crude stocks drew more than expected on strong refining demand
Shell CEO calls it 'irresponsible' to cut oil production now
Shell CEO calls it ‘irresponsible’ to cut oil production now
US crude oil gains on supply cuts, focus shifts to holiday demand
U.S. crude stocks fell by about 4.4 million barrels last week, while gasoline and distillate invento
Saudi Arabia says new oil cuts show teamwork with Russia is strong
OPEC+ to do whatever necessary to support market; Saudi-US relations strained by oil policy, Russia
Oil prices ease as worries over global economic slowdown weigh
Saudi Arabia said it would extend its voluntary output cut of 1 million barrels per day to August
Oil steady as markets weigh supply cuts against weak economic data
The oil benchmarks had settled down about 1% in the previous session
Oil prices slip on global economic slowdown fears
OPEC output dips in June ahead of Saudi cut; US buys 3.2m barrels of oil for SPR
Oil settles higher but posts fourth straight quarterly decline
Benchmark Brent crude settled up 56 cents, or 0.8%, at $74.90
Oil prices ease on fears of more rate hikes denting fuel demand
Top central banks on Wednesday stressed further policy tightening to tame high inflation
Oil ticks up as drop in US crude and gasoline stocks exceeds view
Crude stocks fell by about 2.4 million barrels in the week ended June 23
Oil nudges higher as supply worries offset concerns about demand
Prices were down 3.6pc last week over the likely US rate hikes
Oil climbs on concerns Russia political issues may impact supply
Goldman Sachs analysed markets may price a moderately higher probability due to Russia’s politics
As fuel taxes plummet, states weigh charging by the mile
As fuel taxes plummet, states weigh charging by the mile
Oil dips on demand worries as more rate hikes likely
Brent dropped about $3 after England raised interest rates, more U.S. interest rate hike are likely
Oil resumes slide on demand worries after UK rate hike
Brent futures slipped 51 cents, or 0.4%, to $73.76 a barrel
Oil steadies after sliding on UK rate hike
The market is now waiting for the release of Purchasing Managers Indexes around the world on Friday
Oil plunges 4pc as interest rate hikes outweigh lower oil supplies
US crude inventories fell by 3.8 million barrels in the last week to 463.3 million barrels
Oil steady Thursday morning as dip in US crude stocks offsets demand fears
Fed's Powell hints at further rate hikes; US dollar ticks up against a basket of currencies
US oil stocks at Cushing delivery hub hit 2-year peak
A spate of unexpected refinery outages in the Midwest have added to the inventories
Oil gains for the week as supply cuts balance demand concerns
Russian Minister Nikolai Shulginov says it is realistic to reach oil prices of around $80 a barrel
OPEC+ oil output cuts are non-political: Putin
Says Moscow is shifting away its oil and gas trade away from Europe
Iran's oil exports hit 5-year highs as US holds nuclear talks
Iranian crude exports exceeded 1.5 million barrels per day (bpd) in May to highest since 2018
Oil gains for the week as supply cuts balance demand concerns
Oil has gained this week on hopes of growing Chinese demand
Oil prices dip, pausing after previous session's surge
Chinese demand for oil is expected to keep climbing at an assured rate during second half of year
Oil drops 1.5pc as US projects more rate hikes this year
US crude oil stocks rose by about 8 million barrels in the week ended June 9
Oil prices dip after unexpected rise in US crude stocks
Government data on stockpiles is due later in the day
Oil prices settle more than 3% higher after China rate cut
Brent crude futures rose by $2.45, to $74.29/barrel whereas WTI crude gained $2.30 to $69.42/barrel
Russia's Novatek developed its own LNG-producing technology
Russia's Novatek developed its own LNG-producing technology
Musadik mocks PTI for US conspiracy theory, says Russian oil has reached Pakistan
Says draft agreement for LNG import from Azerbaijan awaits cabinet approval
Oil prices inch higher on bargain hunting ahead of Fed rate decision
Brent crude futures climbed 16 cents, or 0.2%, to $72.00 a barrel
China's Unipec boosts Oman crude sales, caps oil prices despite Saudi cuts
China's Unipec boosts Oman crude sales, caps oil prices despite Saudi cuts
Pakistan's Russian crude shipment paid in Chinese currency: Minister
First cargo of discounted crude oil arranged under a new deal struck between Islamabad and Moscow
