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Pakistan Updated 09 Mar, 2022 01:33pm

IMF should not have any objections to oil, fuel relief, says Tarin

Finance minister cites the govt was using some revenues that were 'not captured'; says opposition has 'no chance' as economy was showing growing signs

Pakistan Published 09 Mar, 2022 08:15am

Relief on fuel price will generate burden on kitty: ECC

ECC has approved supplementary grant of Rs106b under head of TDS

Must Read Published 08 Mar, 2022 11:21am

Oil see-saws near 14 year highs as US weighs Russia oil embargo

Brent crude futures were up $1.06, or 0.9%, at $124.27 a barrel at 0223 GMT

World Published 08 Mar, 2022 08:53am

Russia warns on oil import ban as little progress is made at Ukraine talks

Oil price rises as US considers Russia import ban; Russia warns it could turn off gas pipeline to Germany

Business Published 08 Mar, 2022 08:33am

ECC gives nod to worth Rs8b Ramazan package

Govt to provide subsidy on 19 basic commodities

Business Updated 07 Mar, 2022 03:58pm

Stocks plunge, oil rockets, gold tops $2,000 on Ukraine fears

Trading floors were a sea of red in early exchanges with experts warning of a period of stagflation

Business Published 07 Mar, 2022 11:37am

Bloodbath at PSX as benchmark index plunges over 1,400 points

Panic selling was witnessed at the bourse, as oil prices soared more than 9%, touching their highest since 2008

Must Read Published 07 Mar, 2022 11:20am

India rupee falls to lifetime low as oil prices surge; yields rise

MUMBAI:The Indian rupee fell to a historic low on Monday, while bond yields surged as a sharp rise in global prices...

Business Published 07 Mar, 2022 09:28am

Oil price surges to highest since 2008 on delays in Iranian talks

Talks to revive Iran's 2015 nuclear deal with world powers were mired in uncertainty on Sunday

Business Published 04 Mar, 2022 04:28pm

Oil rebounds on escalating Ukraine conflict

SINGAPORE: Oil prices rebounded on Friday as fears of Western sanctions that could disrupt Russian oil exports...

Business Published 04 Mar, 2022 01:01am

Saudi Aramco shares hit new record high

Trading stops at 43.05 Saudi riyals ($11.48) per share

Business Published 03 Mar, 2022 06:18pm

Rupee continues to slide against US dollar as surge in oil prices pose risk

The local currency closes at 177.83 after a day-on-day depreciation of 21 paisas

Business Updated 03 Mar, 2022 01:23pm

Oil jumps, Brent above $116/bbl as supply issues persist

US crude stocks fell to multi-year lows

Business Published 02 Mar, 2022 01:51pm

Oil surges past $110, global stocks slide on further deepening of Russia-Ukraine crisis

Crude oil surged past $110 a barrel Wednesday and stock markets sank with investors growing increasingly fearful...

Pakistan Published 02 Mar, 2022 10:26am

PM's relief package to cost 'Rs250-300b'

Official says fuel and electricity assistance programme financed via Rs50b cut in PSDP funds

Pakistan Published 02 Mar, 2022 10:02am

IMF will ask govt's relief package, says resident representative

Global lender to discuss incentives during 7th review of the Extended Fund Facility programme

Business Published 01 Mar, 2022 07:11pm

Oil, gas and wheat prices surge as sanctions disrupt flows

Crude oil extends gains above $100 a barrel, gas prices surge 17% and wheat 5%

Business Published 28 Feb, 2022 03:31pm

Oil soars as sanctions and pressures on Russia mount

Brent crude rose $4.16, or 4.3%, to $102.09, at 0915 after hitting a high of $105.07 a barrel in early trade

Must Read Published 27 Feb, 2022 05:19pm

OPEC+ trims forecast for 2022 oil market surplus in latest data

he data also shows stocks in the developed world standing at 62 million barrels below the 2015 to 2019 average by the end of the year

Business Published 25 Feb, 2022 05:37pm

Oil prices take breather as Russia advances further on Ukraine

LONDON: Oil prices slipped on Friday, after sharp rises in the session, on concern over potential global supply...

Business Published 23 Feb, 2022 05:08pm

Oil steadies on waning supply worries over Ukraine crisis

The potential return of more Iranian crude to the market also keeps a lid on price

Business Published 22 Feb, 2022 04:14pm

Russia-Ukraine escalation: Oil prices near $100 a barrel, highest since 2014

LONDON: Oil hit its highest since 2014 on Tuesday as tensions between Russia and Ukraine escalated after Moscow...