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Business & Economy Published 27 Oct, 2024 06:11pm

Oil prices likely to fall after Israel shows restraint in strikes on Iran

Brent and US West Texas Intermediate crude futures gained 4% last week in volatile trade

Business & Economy Published 02 Oct, 2024 10:46am

Oil prices surge over 1% due to rising Middle East tensions

Geopolitical issues could lead to significant impacts on global oil

Business & Economy Published 23 Sep, 2024 11:05am

Pakistan to save up to $3.5 billion as global oil prices decline

Decline in oil prices coincides with a reduction in borrowing costs

Business & Economy Published 28 Jul, 2024 04:01pm

Petrol and diesel prices to see massive decrease from Aug 1: sources

Prices have gone down in internatinal markets in the last 10 days

Business & Economy Published 22 Jul, 2024 07:56pm

Oil prices fall as investors take stock of Biden exit, rate cuts in focus

Brent crude futures fell 68 cents, or 0.82%, to $81.95 a barrel by 1327 GMT

Business & Economy Published 11 Jul, 2024 09:04am

Oil prices tick up as crude, gasoline inventories ease

US crude inventories fell by 3.4 million barrels to 445.1 million barrels in the week ended July 5

Business & Economy Published 04 Jul, 2024 06:05pm

Oil prices slip from multi-month highs on demand concerns

Brent crude futures were down 46 cents, or 0.53%, at $86.88 a barrel by 1235 GMT

Business & Economy Published 18 Jun, 2024 08:19pm

Oil prices stable as demand uncertainty persists

Global oil demand growth slowed to 890,000 barrels per day year on year in the first quarter

Business & Economy Published 17 Jun, 2024 02:10pm

Oil prices slip on weaker US consumer demand, rise in China output

Global benchmark Brent crude futures for August delivery were down 40 cents, or 0.5%, at $82.22 per barrel

Business & Economy Published 04 Jun, 2024 01:22pm

Oil prices falls up to 1% on worries of supply rising later in 2024

Signs of weakening demand growth have weighed on oil prices in recent months

Pakistan Updated 01 Jun, 2024 12:50am

Govt cuts petrol price by Rs4.74 after brief confusion

Price of diesel slashed by Rs3.86

Business & Economy Published 16 May, 2024 09:46am

Oil prices rise on slower US inflation, strong demand

Crude inventories fell 2.5 million barrels to 457 million barrels in the week ended May 10, says EIA

Business & Economy Published 07 May, 2024 09:17am

Oil climbs after Israel strikes Gaza, truce talks continue

Brent crude futures were up 23 cents, or 0.28%, at $83.56 per barrel at 0400 GMT

Business & Economy Published 06 May, 2024 08:52am

Oil nudges higher after Saudi Arabia hikes prices

Brent crude futures climbed 28 cents, or 0.3%, to $83.24 a barrel at 0119 GMT

Business & Economy Updated 26 Apr, 2024 01:36pm

Govt plans major change in petrol, diesel prices from May 1

The decision comes following trend in international markets

Business & Economy Published 19 Apr, 2024 07:11pm

Oil slips despite reported Israeli attack on Iran

Tehran played down the incident and indicated it had no plans for retaliation

Business & Economy Published 14 Apr, 2024 10:02pm

Oil seen opening up after Iran’s attack on Israel, but further gains may depend on response

US President Joe Biden said he would convene a meeting of leaders of G7 major economies on Sunday

Business & Economy Published 11 Apr, 2024 05:00pm

Oil prices slip as inflation concerns offset Mideast tensions

Brent crude futures were down 49 cents or 0.5% to $89.99 a barrel at 1030 GMT

Business & Economy Updated 10 Mar, 2024 05:23pm

Aramco hikes dividend 30% to $98b despite drop in profit

Profit drops by nearly a quarter

Business & Economy Published 04 Mar, 2024 05:03pm

Oil steadies after OPEC+ extends output cuts as expected

Brent futures slipped 14 cents to $83.41 a barrel at 1035 GMT after rising 2.4% last week

Business & Economy Published 22 Feb, 2024 09:01am

Oil edges higher, holding to gains made on signs of tighter supply

US West Texas Intermediate crude futures rose 17 cents to $78.08 a barrel for the prompt month

Pakistan Published 15 Feb, 2024 11:55pm

Petrol price hiked by Rs2.73

Price of diesel also hiked by Rs8.37

Business & Economy Published 15 Feb, 2024 10:46am

Oil slips after large US crude stock build

Fuel demand indicators are positive: JP Morgan

Business & Economy Published 12 Feb, 2024 09:54am

Oil starts week lower after Israel says ‘concluded’ Gaza strikes

Brent crude futures were down 43 cents, or 0.5%, at $81.76 a barrel

Business & Economy Published 07 Feb, 2024 08:52am

Oil edges up on smaller US output growth estimates

Brent crude futures rose 38 cents, or 0.5%, to $78.97 a barrel as of 0013 GMT

Business & Economy Published 06 Feb, 2024 01:15pm

Oil steadies after gains, Gaza ceasefire talks in focus

Markets monitoring Gaza ceasefire talks

Business & Economy Published 02 Feb, 2024 08:26am

Oil prices gain after OPEC+ maintains output cuts

Brent crude futures rose 50 cents, or 0.6%, to $79.20 a barrel

Business & Economy Published 26 Jan, 2024 04:25pm

Oil near 2024 high on US economic growth, Mideast concerns

China presses Iran to rein in Red Sea Houthi attacks

Business & Economy Published 25 Jan, 2024 11:55pm

Oil perks up nearly 2% on US crude stock draw, Red Sea tensions

Brent crude futures were up $1.29, or 1.6%, to $81.33 a barrel at 1521 GMT

Business & Economy Published 23 Jan, 2024 05:10pm

Oil eases slightly on mixed supply cues, geopolitical tensions

Brent crude futures lost 31 cents, or 0.39%, to $79.75 a barrel by 1019 GMT