Asia LNG spot prices plummeted by 50pc from January to $2.5 per mmBTU in July: Fitch Solutions

Analyst believes low international prices are a brilliant opportunity for the Pakistani government nowadays to regain energy competitiveness, provide affordable electricity/gas & catalyze the decaying industrialization

Gold price surges to record Rs100,400 per tola

The gold price reached an all-time high of Rs100,400 in Pakistani markets on Tuesday, the All Sindh Saraf and Jewellers Association (ASSJA)...

Asia’s surging fuel exports depress refining industry profits

Since 2006, the Asia-Pacific has been the world’s biggest oil consuming region, led by traditional industrial users South Korea and Japan along with rising economic powerhouses China and India

Asian shares mostly lower as investors watch trade talks

Japan’s benchmark Nikkei 225 slipped 0.5 percent to 21,368.54 in morning trading and Australia’s S&P/ASX 200 gained 0.5 percent to 6,170.30

Oil prices fall as U.S. crude output hits record 12 million bpd

International Brent crude futures were at $66.87 per barrel at 0326 GMT, down 20 cents, or 0.3 percent, from their last close

Oil slips away from 2019 highs as surging US supply undermines OPEC cuts

OPEC-member and top crude exporter Saudi Arabia is expected to reduce shipments of light crude oil to Asia in March as part of the effort to tighten markets

Gold stays near 10-month peak; Palladium jumps to record high

Spot gold slipped 0.2 percent to $1,323.81 per ounce as of 0448 GMT. The metal had touched $1,327.64 an ounce in the previous session, its highest since April 25

Asian shares gain on hopes for progress on China-US trade

The Shanghai Composite index added 0.3 percent to 2,762.73 in early trading, while Japan’s Nikkei 225-edged 0.1 percent higher to 21,297.67

Brent oil eases from 2019 highs as markets await trade talks outcome

Traders said the slight downward correction was driven by concerns about the health of the global economy this year

Oil prices edge up on hopes for U.S.-China trade breakthrough

U.S. West Texas Intermediate (WTI) crude futures were at $53.76 per barrel at 2338 GMT, up 10 cents, or 0.2 percent, from their last settlement

Asian stocks rise after listless Wall Street day

Tokyo’s Nikkei 225 rose 2 percent to 20,745.28 and the Shanghai Composite Exchange added 0.3 percent to 2,661.8

Oil prices rise on OPEC output cuts, as U.S. sanctions bite

Analysts said markets are tightening amid voluntary production cuts led by the Organization of the Petroleum Exporting Countries (OPEC) and because of U.S. sanctions on Venezuela and Iran

Kuwait sees risk of oil supply shortage in 2019 due to Venezuela

Hashem said OPEC+ actions should help re-balance the oil markets this year but he also warned of the impact of underinvestment in the oil industry which could cause a supply crunch by 2025

Oil prices edge up as market eyes tighter supply

International Brent crude oil futures were at $62.72 a barrel, also up 21 cents or 0.4 percent, after closing down 0.4 percent in the previous session

Asia shares lower, most markets closed for Lunar New Year

Japan’s Nikkei 225 was flat at 20,880.53 and India’s Sensex edged down less than 0.1 percent to 36,566.21