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Business & Economy Updated 06 May, 2024 07:02pm

Shell in talks to sell Malaysia fuel stations to Saudi Aramco, sources say

Saudi Aramco does not have fuel stations in Malaysia

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

Pakistan Published 16 Apr, 2024 10:10am

Oil Tankers Association announces suspension of supply

Supply will also be suspended to airports

Business & Economy Published 15 Apr, 2024 08:58pm

Oil tankers association to suspend petrol, diesel supply from Tuesday

Says district administration has violated February 20 agreement

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 06 Feb, 2024 01:15pm

Oil steadies after gains, Gaza ceasefire talks in focus

Markets monitoring Gaza ceasefire talks

Business & Economy Published 20 Jan, 2024 10:55pm

Oil market braces for impact as Red Sea crisis continues

Taking alternate routes for supply of fuel

Business & Economy Published 02 Nov, 2023 04:26pm

Govt decides to increase strategic oil reserves

Government reportedly wants three months of reserves

Business & Economy Published 12 Oct, 2023 10:25am

Oil falls further on US stock build, easing supply concerns

U.S. crude oil stockpiles swelled by about 12.9 million barrels

Pakistan Updated 11 Oct, 2023 03:21pm

Balochistan to destroy boats smuggling oil from Iran

Seminaries run by Afghans to be taken over by Pakistanis

Business & Economy Updated 09 Oct, 2023 06:34pm

Oil prices jump as Israel-Hamas tension rise

Kremlin warns there is a ‘high risk’ of a third party entering the war

Business & Economy Published 19 Jun, 2023 09:22pm

Govt’s attempt to break ‘monopoly’ of oil companies resisted

Govt plans to prevent hoarding, bring certainty to the oil supply with new policy