Oil prices touch $64 a barrel, as North Sea pipeline issues continue

NEW YORK: Oil edged up toward $64 a barrel on Tuesday, helped by a North Sea pipeline outage, OPEC-led supply cuts and...

Oil prices steady as OPEC expected to extend production cuts

SINGAPORE: Oil markets were stable on Thursday as rising U.S. crude production and inventories were countered by expectations that OPEC will extend...

Dar reiterates government’s determination to resolve energy issue

Islamabad Finance Minister Senator Mohammad Ishaq Dar, Monday, while chairing a high level meeting regarding energy-related matters, reiterated the government’s determination to resolve...
Oil refineries

Oil prices fall sharply as top producers hold key talks

Oil prices fell sharply Friday as top producers attempted to finalise a crucial agreement on output cuts in a bid to counter...

Asians stock markets slip after record highs on Wall Street

Tokyo: Asian shares wavered on Tuesday, bolstered by record highs on Wall Street but hobbled by uncertainty as traders waited on a...

Oil prices fall as US dollar strengthens

SINGAPORE: Oil prices dipped on Friday as the U.S. dollar strengthened, although OPEC-led supply cuts are seen supporting markets going into next year. U.S....

Asian shares rise after Wall Street hits new highs

Tokyo: Asian stocks rose Tuesday after Wall Street’s major indexes hit new highs as China prepared to open a key political meeting. KEEPING...

Oil prices claw up, but register first weekly decline in six weeks

NEW YORK: Oil rebounded more than 2 percent on Friday after falling for five straight session as a major U.S. crude pipeline...

Govt allows provinces the right to generate, transmit electricity

In return for greater control of the National Electric Power Regu­latory Authority under an amended Nepra law, the federal government has decided...

Oil prices remain firm on back of weakening dollar

SINGAPORE: Oil prices held firm on Monday, supported by strong demand, a weak dollar and ongoing supply cuts lead by OPEC and...

Oil climbs as Trump lays out reopening of virus-hit US

But prices found some support as traders headed into the weekend after Trump laid out guidelines for a reopening of the world's top economy — which accounts for the most virus deaths of any country.

Global oil prices near 5-month highs on forecasts of rising demand

New York: Brent oil prices held near five-month highs on Friday, and were on track for the biggest weekly gain since late...

Asian stock markets down, following declines on Wall Street

HONG KONG: Asian shares sank Friday, following declines on Wall Street after a proposed delay to U.S. tax cut plan dented investor...

ICST backs govt move to establish two more LNG terminals

Islamabad: Islamabad Chamber of Small Traders (ICST) on Tuesday said business community fully supports the government decision to establish two more LNG...

Govt denies extension in deadline for Tarbela Extension Project

The government has denied a request made by Water and Power Development Authority (Wapda) seeking an extension of time for the contractor...