Oil prices stable, as rising US output hits OPEC cuts
SINGAPORE: Oil prices were little changed on Tuesday as the impact from expectations of an extended OPEC-led production cut was canceled out...
Oil prices slip, as US crude output rises
SINGAPORE: Oil prices fell on Monday, pulled down as the latest rise in the U.S. rig count pointed to a further increase...
Oil prices fall, as US trade war with China rattles markets
SINGAPORE: Oil prices dipped on Tuesday, easing after strong gains in the previous session when hopes that trade disputes between the United...
Oil prices remain unchanged, as North Sea pipeline expected to restart operations by January
NEW YORK: Oil prices were little changed on Thursday, erasing earlier losses after the operator of Britain’s Forties pipeline in the North...
Oil prices stick to October high as Iraq tensions flare-up
Singapore: Oil prices clung to this month’s high on Tuesday after Iraqi forces seized the oil-rich city of Kirkuk from largely autonomous...
G20 energy ministers scramble to finalise oil output deal
G20 energy ministers held virtual talks Friday as major oil producers scrambled to finalise output cuts to shore up prices, with Mexico...
No violations of law in promulgating ordinance to ratify tax amnesty scheme: Rana Afzal
ISLAMABAD: State Minister for Finance Rana Muhammad Afzal on Monday said that no violation of law has been made by promulgating the...
Oil rebounds as hopes grow for output cut deal
Oil prices rebounded Wednesday as traders jockey for position ahead of a key producers' meeting this week aimed at cutting output to...
Nepra allows Rs4.35 per unit cut in tariff under monthly fuel adjustment mechanism
The National Electric Power Regulatory Authority (Nepra) on Wednesday agreed to Rs4.35 per unit reduction for February and March under monthly fuel...
Oil prices slightly down, as US crude reaches two-year highs
SINGAPORE: Oil prices eased on Thursday, with U.S. crude dipping away from two-year highs reached the day before, but the shutdown of...
Asian shares mixed amid silence on China-US trade talks
Japan’s Nikkei 225 index gained 1.1 percent to 20,251.42 and the Hang Seng in Hong Kong added 0.3 percent to 25,905.82.
Oil steadies on resurgence of virus cases
LONDON: Oil prices steadied on Friday but were still set for weekly declines as inventories rose and record-breaking new coronavirus cases in...
Oil markets turbulent in wake of North Korea nuclear test
Singapore: Oil markets were volatile on Monday, with US crude rising on production shutdowns while international Brent was pulled down by a...
Petroleum Ministry recovers payments of Rs4.7b from exploration companies
Islamabad: The Ministry of Petroleum and Natural Resources has recovered outstanding payments amounting to Rs 4.7 billion from different oil and gas...
Cabinet Committee on Energy urges no power outages during Ramazan
Islamabad
The Cabinet Committee on Energy (CCE) chaired by Prime Minister Muhammad Nawaz Sharif on Tuesday unanimously approved no power shutdowns on account of...