India and Pakistan have driven global sugar glut: Australia’s minister for trade

Pakistan, whose sugar production has increased in recent years, in January quadrupled the volume of sugar eligible for export subsidies to 2 million tonnes to reduce excessive domestic supplies

Oil prices climb as Iran sanctions loom; US looks to prevent supply shortfall

Washington is putting pressure on other countries to also cut Iran imports, with close allies like South Korea and Japan, but also India, showing signs of falling in line

Qatargas agrees on 22-year LNG supply deal with China

The Qatari state-owned company will supply LNG from the Qatargas 2 project - a venture between Qatar Petroleum, Exxon Mobil Corp and Total - to receiving terminals across China, with the first cargo to be delivered this month

OGDCL makes oil & gas discovery at Chanda oilfield in Kohat

The block is operated by OGDC with 72 percent stake along with 17.5 percent and 10.5 percent stake of GHPL and ZPCL respectively

Oil climbs as U.S. drilling stalls, Washington sanctions against Iran loom

Brent crude futures climbed 50 cents, or 0.65 percent, to $77.33 a barrel

Over $600 million saved in LNG supply deal signed with Qatar: Report

The negotiations with Qatar stalled after the latter refused to decrease the offer price for LNG and Pakistan used that to its benefit by approaching the open market in late 2015 to publicly seek 120 cargoes in two huge tenders

Hong Kong-based investment bank returns to Pakistan’s capital markets. But why?

CLSA, a subsidiary of a Chinese state-owned company CITIC, has acquired a stake in Bank Alfalah’s securities trading arm Alfalah Securities

World shares driven towards worst week since March by trade tensions

MSCI’s broadest index of Asia-Pacific shares outside Japan had still lost 0.3 percent though, having earlier reached its lowest since mid-July last year

Oil dips on emerging market turbulence, but looming Iran sanctions support

Emerging market woes are weighing on global economic growth prospects, with Asian shares on Thursday heading for their sixth straight session of losses

Oil dips on Sino-U.S. trade conflict, but looming Iran sanctions support

International Brent crude oil futures were at $77.70 per barrel at 0232 GMT, down 7 cents from their last close

Oil stable as U.S.-China trade row weighs, Iran sanctions cut supply outlook

International Brent crude oil futures were at $75.75 per barrel at 0122 GMT, down 7 cents from their last close

Floods hit gold festival buying in India

Gold demand usually sees a jump in Kerala during the festival of Onam, but this year, the southern state is reeling from some of the worst floods in a century, leaving thousands displaced and causing damage of at least 200 billion rupees ($2.85 billion)

Oil rises as China demand resumes, signs that Iran supply curbed

U.S. crude rose more than 4 percent on the week, after seven consecutive declines, and Brent rose 5.3 percent after three weeks of falling prices

Shelved Aramco IPO hits at heart of Saudi prince’s reforms

The initial public offering (IPO) of 5 percent of state-owned oil giant Saudi Aramco was a centrepiece of the crown prince’s plan to diversify the kingdom’s economy beyond oil by raising $100 billion for investment in other sectors

Oil prices rise on Iran sanctions, but U.S.-China row mutes’ trading

Brent crude oil futures were at $75.07 per barrel at 0424 GMT, up 34 cents, or 0.5 percent, from their last close

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