Bitcoin surges to cross $18,000

LONDON: Bitcoin blasted to another all-time high of almost $18,000 on the Bitstamp exchange on Friday, up 9 percent on the day,...

BP in lead to acquire BHP’s U.S. onshore shale assets: sources

The acreage for sale includes holdings that BHP acquired in its $12-billion takeover of Petrohawk Energy in 2011, which have declined rapidly in value as the price of natural gas has fallen from $4.50 at the time of the deal to a low of $1.60 last year

Asian stocks edge up on China stimulus hopes, oil near two-month lows

MSCI’s broadest index of Asia-Pacific shares outside Japan was last up 0.2 percent following a decline of more than 2 percent in the previous session

Oil prices dip, as US crude inventories soar

U.S. oil production also hit a fresh record of 10.62 million barrels per day (bpd), a jump of more than a quarter since mid-2016

Oil prices rise for second day, buoyed by fall in U.S. inventories

Brent crude LCOc1 was up 29 cents, or 0.4 percent, at $73.73 a barrel by 0035 GMT. The global benchmark settled 38 cents higher at $73.44 a barrel on Tuesday, after climbing as high as $74

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...

Oil prices rise by 1 percent after Saudi announces December supply cut

The announcement came after crude prices declined by around 20 percent over a month, as supply has surged, especially by the top-three producers the USA, Russia and Saudi Arabia

Commerce secretary inaugurates PHDEC’s head office, reassures future plans

Commerce Secretary Younus Dagha inaugurated the new head office of the Pakistan Horticulture Development and Export Company (PHDEC) on Monday.

Oil prices fall 1.5 percent on OPEC’s deal to raise output

Brent crude futures were at $74.22 per barrel at 0455 GMT, down 1.8 percent from their last close

Govt to strengthen industry through exhibitions: Sh Allauddin

LAHORE: Punjab Minister IC and T Sheikh Allauddin has said that the provincial government has made arrangements to further strengthen the industry...

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

Asian shares rise after overnight gains on Wall Street

Tokyo: Asian shares were mostly higher Thursday in narrow trading, tracking gains overnight on Wall Street. Japan's Nikkei 225 index slipped as...

Asian stock markets lower, as oil prices register biggest drop since October

TOKYO: Shares fell in Asia on Wednesday, tracking modest losses overnight on Wall Street, where the biggest drop in crude oil prices...

Bitcoin tumbles from record highs, falls 12.6pc below $15,000

TOKYO: Bitcoin tumbled more than 12 percent in volatile Asian trading on Friday, dropping below the $15,000 level after touching a record high...

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