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Business & Economy Published 04 Oct, 2022 12:01pm

Oil jumps about $4 as OPEC+ weighs biggest output cut since 2020

OPEC+ considers cut of more than 1m bpd, say sources

Business & Economy Published 30 Sep, 2022 08:58am

Oil holds steady on prospect of OPEC+ output cut, weaker dollar

Brent crude futures for November inched down 10 cents or 0.1% to $88.39 a barrel

Business & Economy Published 28 Sep, 2022 11:00am

Oil prices slip as dollar scales new peak

Dollar hits fresh two-decade peak against a basket of currencies on the back of rising Treasury yields

Business & Economy Published 27 Sep, 2022 12:23pm

Oil rises as focus turns to possible supply cuts

Dollar comes off 20-year highs touched on the previous day, providing some relief to oil market

Business & Economy Published 27 Sep, 2022 11:18am

Looming ban on Russian crude has the oil industry on tenterhooks

Oil Industries concerned European Union's ban on Russian crude imports come into effect

Business & Economy Published 21 Sep, 2022 12:26pm

Oil prices tick up on supply woes but Fed rate hike bets cap gains

Opec+ producer grouping falling a record 3.58m barrels per day short of its production targets

Business & Economy Updated 21 Sep, 2022 09:10am

Petrol price goes up

Retains high speed diesel price; cuts light diesel and kerosene rates

Videos Published 19 Sep, 2022 02:17pm

Oil falls more than 1% on demand fears, strong dollar

Strong dollar weighs as Fed rate decision looms

Business & Economy Published 17 Sep, 2022 03:33pm

Decision on new petrol prices expected today

Govt, finance ministry at odds over new fuel rate

Business & Economy Published 16 Sep, 2022 12:18pm

Decision to up petrol price ‘delayed for now’

Petroleum levy has to be increased by Rs50 under IMF conditions; oil extends losses on recession fears

World Published 15 Sep, 2022 10:50am

Putin, Xi meet for high-stakes talks in challenge to West

Xi and Putin will be join by the leaders of India, Pakistan, Turkey, Iran and other countries for the meeting SCO in the Uzbek city

Business & Economy Published 12 Sep, 2022 04:13pm

Oil prices drop amid China Covid curbs, possible rate hikes

China's oil demand could contract for the first time in two decades this year

Business & Economy Published 12 Sep, 2022 03:59pm

Indian shares rise on IT, metals boost; inflation data in focus

India's retail inflation likely snapped a three-month downward trend in August as food prices surged, poll shows

Business & Economy Published 08 Sep, 2022 12:02pm

Oil prices climb on tight supply worries

European Central Bank is expected to raise interest rates sharply

Business & Economy Published 05 Sep, 2022 11:34am

Oil prices climb more than $1/bbl ahead of OPEC meeting

Negotiations dragged on in attempts to revive the revival the West's 2015 nuclear deal with Iran

World Published 02 Sep, 2022 05:58pm

Blast rocks oil refinery in Iran’s southwest: state media

State news agency says explosion due to accident, no casualties

Business & Economy Published 16 Aug, 2022 10:28am

Petrol price jacked up, diesel, kerosene rates cut

Decision taken in view of fluctuation in oil prices in international oil market

Business & Economy Published 15 Aug, 2022 12:12pm

Saudi Aramco unveils record profits as oil prices soar

Net income rose 22.7 percent from Q1 in “strong market conditions”

World Published 30 Jul, 2022 05:33pm

Supporters of Iraqi cleric Sadr storm back into Baghdad’s Green Zone

Sadr’s party came first in last election but he withdrew his lawmakers from parliament when he failed to form a govt sans Iran-backed rivals

Business & Economy Updated 31 Jul, 2022 12:50pm

Another ‘petrol bomb’ in the offing for August

International oil price prompts govt to increase fuel price

Business & Economy Published 20 Jul, 2022 11:19am

Oil rises to two-week high amid worries about tight supply

US dollar slid to two-week low, making oil cheaper for buyers using other currencies

World Published 16 Jul, 2022 11:39am

Biden ‘confronts’ Crown Prince Mohammed bin Salman over attacks on dissidents

US president intends to establish better relations with the Gulf states, promote integration between Israel and Arab nations

▶️ Pakistan Published 15 Jul, 2022 03:57pm

Punjab transporters slash inter-city bus fares

Transporters association announce 10% reduction in fares on select routes

Business & Economy Published 14 Jul, 2022 03:59pm

Government to slash petrol prices today

Decision to cut petroleum prices comes as international oil prices drop

Business & Economy Updated 14 Jul, 2022 08:08am

We’re looking at an Rs18 cut in petrol prices

PM has to sign off on Ogra proposal

Published 04 Jul, 2022 03:39pm

Oil could hit $380 if Russia slashes output over price cap, J.P.Morgan says.

Oil could hit $380.

Business & Economy Updated 04 Jul, 2022 04:27pm

Oil could hit $380 if Russia slashes output over price cap, says JP Morgan

Oil prices could increase

Business & Economy Published 04 Jul, 2022 03:01pm

Oil slips as recession fears balance tight supply Brent, U.S. crude both fall $1

Oil price fall $1.