Tag: oil prices

Oil prices soar by about 3 pct as US plans end...

Oil prices rallied by about 3 per cent on Monday to their highest since late 2018 as the United States was set to announce...

Oil prices hike challenged in LHC

LAHORE: A petition has been filed in the Lahore High Court (LHC) against the recent increase in the prices of petroleum products. The federal government, Oil and...

Oil prices surge more than 5% on cut pledge, US-China deal

Oil prices soared more than five per cent on Monday after Russia and Saudi Arabia renewed a pact to cap output, while the US...

Trump says Saudis must compensate for drop in Iran oil supply

BERKELEY HEIGHTS: President Donald Trump lashed out at OPEC with a warning to stop manipulating oil markets and piled pressure on US ally Saudi...

PML-N responsible for oil price hike: Shah

Pakistan People's Party (PPP) leader Khursheed Shah on Sunday said the Pakistan Muslim League-Nawaz (PML-N) led government had been exposed for boasting ‘fake’ economic...

Interim govt announces not to increase oil prices

The federal interim government on Thursday announced not to increase the oil prices despite Oil and Gas Regulatory Authority's (OGRA) recommendation of a significant...

Oil prices retreat in Asia trade

    Oil prices retreated in Asia trade after rebounding overnight on news that OPEC is planning informal talks next month – a sign it could...

Saudi Arabia cuts Asian oil prices to counter rivals Russia, Iraq...

Under pressure from Russian, Iraqi and Iranian oil exports, Saudi Arabia discounted its crude last weekend to maintain its share of big Asian markets. The...

Oil prices down on profit-taking

Oil prices fell in Asia on profit-taking Friday following two days of gains, but analysts suggested there could be some extra gains after recently...

Oil prices extend losses on fresh supply glut fears

    Oil prices slipped for a fourth straight day to fresh three-month lows Wednesday as worries about a global oversupply resurface ahead of a report...

Oil prices edge up but supply glut woes return

Oil prices edged up slightly in Asia on Tuesday after tumbling more than two percent the day before, while a weaker dollar also provided support,...

Oil prices extend losses on supply worries

Oil prices dipped on Monday, extending last week’s losses on fresh worries about a global supply glut as more US rigs come back online and...

Oil prices edge up on weaker dollar

Oil prices ticked higher Friday following the previous day's sharp losses and helped by a weaker dollar, but analysts warned worries over the global...

Oil prices edge up as Brent pushes further above $50

    Crude prices edged up in Asia on Monday, building on recent gains with Brent holding above $50 after Nigerian militants claimed fresh attacks on...

Oil prices up in Asia but tremors over Brexit remain

    World oil prices rebounded in Asia Tuesday on bargain hunting but tremors from Britain's shock vote last week to leave the European Union continue...

Oil prices rise ahead of Brexit vote

    Oil prices rose in Asia on Thursday, hours ahead of a high-stakes British vote on whether to remain in the European Union. As with financial...

Petroleum prices to go up by Rs 4.5 per ltr by...

The federal government has planned to present an ‘Eid-ul-Fitar’ gift to the masses in the form of enhanced petroleum prices from July 1m 2016. Well...