Oil prices

PM directs for focus on renewable energy to minimize oil imports

Prime Minister Muhammad Shehbaz Sharif has said that the oil mafia is sucking national wealth like a leech.

Oil Prices Set For Second Week Of Gains On Brighter China Outlook

Oil prices were set to post a second straight week of gains on Friday, spurred largely by brightening economic prospects...

All set to sign agreement to purchase discounted crude oil from Russia Says Musadik Malik

State Minister for Petroleum Musadik Malik has said that all arrangements have been finalized to purchase discounted cru...

Oil prices plunge on economic fears, dollar strength

Oil prices fell in a volatile market on Tuesday as the U.S. dollar stayed strong and economic uncertainty offset the bul...

Pakistan asks for 30-40% discount on Russian crude oil

Russia refused to give Pakistan a 30-40% discount on Russian crude oil, saying that it could not offer anything right no...

Oil rises as OPEC+ focus on supply cuts outweighs recession concerns

Oil prices rose about 1% on Tuesday after top exporter Saudi Arabia said OPEC+ was sticking with output cuts and could t...

US could sell oil from emergency reserve to bring down prices

The Biden administration plans to sell oil from the Strategic Petroleum Reserve in a bid to dampen fuel prices before ne...

Oil plunges to eight-month low on recession fears

Oil prices plunged about 5% to an eight-month low on Friday as the U.S. dollar hit its strongest level in more than two...

Oil prices soar 1pc as tight supply outweighs economic worries

Brent was on track for its highest close since July 4 and WTI for its highest close since July 8

Oil slumps $10/bbl as recession fears darken demand outlook

Oil plummeted by about $10 a barrel on Tuesday on concerns of a looming global recession curtailing demand, even with ex...

Oil prices fall to four-week low over recession worries

Oil prices tumbled about 6% to a four-week low on Friday on worries that interest rate hikes by major central banks coul...

Oil prices fall as market weighs mixed supply signals

Oil prices slipped on Thursday amid thin trading volumes ahead of a public holiday, as traders weighed a larger-than-exp...

Oil prices surge 2% as Ukraine invasion rings supply alarm bells

Oil prices soared nearly $2 per barrel in early trade on Friday as Russia’s invasion of Ukraine continued to inflame glo...

Oil rises, stocks struggle as Russia-Ukraine tensions mount

Oil prices pushed higher while stocks struggled after Ukraine called up reservists and Russia vowed a strong response to...

Oil Tankers Association Observes Countrywide Strike To Press For Demands

The Oil Tankers Association observed a countrywide strike in protest against non-acceptance of their demands.

Prices of petroleum products likely to be slashed by up to Rs2

ISLAMABAD: The government is likely to slash prices of petroleum products by up to Rs2.


Oil prices Most Viewed

Prices of petroleum products likely to be slashed by up to Rs2

ISLAMABAD: The government is likely to slash prices of petro...

Oil Tankers Association Observes Countrywide Strike To Press For Demands

The Oil Tankers Association observed a countrywide strike in...

Oil rises, stocks struggle as Russia-Ukraine tensions mount

Oil prices pushed higher while stocks struggled after Ukrain...

Oil prices set to surge higher on OPEC's output decision

Oil prices have surged to their highest level in two years a...

Petrol, Diesel Likely To Be Reduced By Up To Rs2.50 Per Litre From April 1

The Oil and Gas Regulatory Authority (OGRA) has sent a summa...

PM directs for focus on renewable energy to minimize oil imports

Prime Minister Muhammad Shehbaz Sharif has said that the oil...

Oil prices fall as market weighs mixed supply signals

Oil prices slipped on Thursday amid thin trading volumes ahe...

Oil slumps $10/bbl as recession fears darken demand outlook

Oil plummeted by about $10 a barrel on Tuesday on concerns o...