oil prices

Oil prices increased on Thursday as supply fears spurred a rebound from multi-month lows hit the previous session following dismal fuel demand data from the United States. At 0653 GMT, …

Oil prices went down a little bit on Tuesday as investors looked at data that showed a slowdown in manufacturing around the world. This happened at the same time as …

London: In an effort to balance supply concerns with anticipation that the US interest rate hike would reduce demand, oil prices held steady on Monday.

Supply from non-OPEC+ producers will lead output increases through the end of next year, while OPEC+ supply could drop with full-force embargoes on Russian oil in the West and producers …

There will be no change in the price of petrol, high-speed diesel (Rs 174.15), jet fuel (Rs 155.56) or light diesel (Rs 48.31) as stated in the announcement issued by …

Pakistan has requested Ukraine and Russia to offer it wheat at a lower price, and “we would be pleased to purchase wheat from whatever nation was willing to sell,” said …

Finance Minister Miftah Ismail had already stated that the government had no intention to increase the prices of petroleum products for now.

To prepare for a shutdown comparable to Shanghai’s, the Chinese capital of Beijing has expanded its COVID-19 mass testing to cover much of the city’s 22 million residents.

The New York Times stated that the European Union was working toward enacting a phased-in embargo on Russian oil, to allow Germany and other countries time to secure alternate sources.

This attack was declared an attack on the “global oil economy” by the Houthis which further ignited hike in the global oil prices.