Oil edges up as China, U.S. set for trade talks

International Brent crude oil futures were at $70.93 per barrel at 0335 GMT, up 17 cents, or 0.26 percent, from their last close

FPCCI, GPCCI sign MoU to enhance business, trade

LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and Greek-Pakistan Chamber of Commerce and Industry (GPCCI) on Wednesday signed a...

AEDB approves solar projects adding 556.52MW to national grid

The Alternative Energy Development Board (AEDB) has issued seven Letters of Support (LoS) and 17 Letters of Intent (LoI) for various solar...

FDI jumps to 15.6pc, adding $262.5 mn from last year

KARACHI: Foreign Direct Investment (FDI) in the first eight months of 2017-18 amounted to $1.94 billion, up 15.6 per cent or $262.5...

Oil slips as U.S. debt caution offset supply concerns

Oil prices slipped on Monday as caution around the U.S. debt ceiling talks and concerns about demand recovery in China offset support...

Oil edges lower as supply concerns return

Brent crude futures were down 17 cents, or 0.2 percent at $73.28 a barrel by 0232 GMT, after rising 1.5 percent on Thursday.

CASA-1000 landmark achievement of cooperation between Pak, Tajikistan: Envoy

ISLAMABAD: Tajikistan's Ambassador to Pakistan, Sherali Jononov has said that CASA-1000 is a landmark achievement of cooperation between Tajikistan and Pakistan. Addressing a...

Oil prices dip on increasing U.S rig count

SINGAPORE: Oil prices dipped early on Monday as a rising U.S. rig count pointed to further increases in the country’s output, underlining...

As stocks ramp up and tariffs loom, aluminium hits 3 month low

LONDON: Aluminium slid to a three-month low on Thursday, hurt by a rise in stocks, the prospect of looming US import tariffs,...

Oil edges lower, set for big weekly decline

Brent crude eased 36 cents, or 0.5 percent, to $74.09 by 0326 GMT. On Thursday it gained $1.05 a barrel, rebounding from a session low of $72.67. It is heading for a weekly fall of nearly 4 percent

Oil dips but markets remain tight due to disruptions, record demand

Oil prices have been rallying for much of 2018 on tightening market conditions due to record demand and voluntary supply cuts led by the Middle East dominated producer cartel of the Organization of the Petroleum Exporting Countries (OPEC)

Petroleum ministry contemplating floating tenders for building of oil pipeline

Islamabad: The tragic oil tanker incident which took place in Ahmedpur East last month has made the petroleum ministry to consider revamping...

Chinese Consul General inaugurates LPG terminal in Gwadar

QUETTA: Chinese Consul General in Karachi Li Bijiann inaugurated the first liquefied petroleum gas (LPG) Terminal in the port city of Gwadar the...

NA body defers meeting to decide power tariff hike

LAHORE: The National Assembly’s Standing Committee on Commerce deferred on Thursday a meeting, earlier scheduled to be held tomorrow (Friday) in Islamabad...

Oil continues to tumble after previous session’s slide

Oil prices fell by more than $1 on Thursday, extending the previous session's sharp losses as an uncertain demand outlook overshadowed any...