Oil prices fall as doubts grow over output cut deal
Oil prices fell sharply Monday after a meeting to discuss output cuts between OPEC and its allies was delayed, dimming hopes of...
China prepares to close ‘oil deal of life time’ in Iraq
ISLAMABAD: Over the past week or so, the industrial economy across China as a whole is back working and operating at levels...
‘Outbreak-led economic crisis’: Rs100bn package to help uplift industry, says Dawood
ISLAMABAD: Adviser to Prime Minister on Commerce and Textile Abdul Razak Dawood on Sunday said the government had offered up to Rs100...
Chemical manufacturers seek exemption from Section 144 for 23 essential items
LAHORE: The Pakistan Chemical Manufacturers Association (PCMA) has urged the provincial governments of Punjab and Sindh to exempt chemical manufacturing units from...
Sugarcane growers biggest beneficiaries of sugar exports, PSMA claims
LAHORE: Welcoming the release of the inquiry committee report on sugar by the federal government, Pakistan Sugar Mills Association (PSMA) Chairman Aslam...
KSA delays May crude prices until after OPEC+ meeting: Saudi source
DUBAI: Saudi Aramco will delay the release of its crude official selling prices (OSP) for May until April 10 to wait for...
ICCI hails PM’s incentive package for real estate sector
ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) has lauded Prime Minister Imran Khan for announcing an “incentive package” for the...
Major oil refiners shut down as coronavirus destroys demand
ISLAMABAD: A number of refineries in the country are either curtailing operations or shutting down entirely as oil demand declines in the...
Cement consumption falls 16.7pc in March
ISLAMABAD: As coronavirus outbreak is starting to take its toll on various sectors of the economy, the domestic consumption of cement has...
Export related industry to start operation in phased manner: Razzaq
FAISALABAD: Adviser to Prime Minister on Commerce Abdur Razzaq Dawood has said that the government has made a strategy to allow export...
Oil slips amid doubts price war will end soon
Oil prices slipped Friday as doubts grew over US President Donald Trump's claim that Russia and Saudi Arabia planned to end their...
The world could soon run out of space to store oil; It may plunge prices below zero
The world's thirst for oil has evaporated.
Highways are empty. Planes are grounded. Factories are dark. The unprecedented collapse in oil demand has sent crude crashing...
Textile millers seek govt’s help as export orders likely to drop 50pc
LAHORE: Fearing that export orders may drop by 50 per cent in the wake of coronavirus-led lockdown, All Pakistan Textile Mills Association...
Oil rises as Trump talks up Saudi-Russia truce, recession fears limit gains
LONDON: Oil prices jumped 8 per cent on Thursday after US President Donald Trump said he expected Saudi Arabia and Russia to...
PM orders immediate redressal of energy sector woes
ISLAMABAD: Prime Minister Imran Khan on Thursday directed the ministry concerned to accelerate reforms in the energy sector by removing all systemic hurdles...