oil prices

On Wednesday, oil prices experienced a nearly 2% decline, offsetting the gains from the previous day, as investors closely monitored events in the Red Sea. Despite renewed attacks on Tuesday, …

Oil prices retreated on Monday, reversing the gains seen on Friday, as concerns about diminished demand in the United States and China weighed on market sentiment. Brent crude futures for …

ISLAMABAD: The World Bank’s latest report predicts that in the event of a “large disruption” scenario in the Middle East, akin to the impact of the 1973 Arab oil embargo, …

ISLAMABAD: Amid a surge in global oil prices, the caretaker government has implemented a substantial increase in the prices of petroleum products. As part of this adjustment, the price of …

ISLAMABAD: The government officially recognized that imported liquefied natural gas (LNG) has become the country’s most expensive fuel for power generation. The multibillion-dollar LNG infrastructure, which was initially established nearly …

Ishaq Dar disappoints motorists ISLAMABAD: Finance Minister Senator Muhammad Ishaq Dar disappointed motorists by keeping unchanged oil prices on Thursday night. Dar was expected to reduce domestic petroleum prices for …

Prime Minister Shehbaz Sharif announced that Pakistan is ready to receive a shipment of discounted Russian oil, stating that the oil is currently being loaded to arrive in the country. …

The finance minister, Ishaq Dar, stated on Saturday that the price of petrol and diesel will not change in 2023. During a live broadcast, the finance minister stated that the …

ISLAMABAD: The federal government kept unchanged prices of petroleum products for the next fortnight till Nov 30. The people are expecting relief in petroleum prices because of a decline in …

The release of emergency oil supplies was denounced by Saudi Arabia’s energy minister on Tuesday as an effort to manipulate the markets, the latest apparent salvo in a dispute with …