Tag: oil prices
Low food, oil prices restrict inflation at 7pc
The central bank is expected to keep easing the monetary policy stance as the analysts foresee inflation to stand slightly above than 7 percent...
Crude higher in Asia on China manufacturing data
Oil prices climbed in Asian trade Thursday on data showing a slight pick-up in China’s manufacturing sector, but weak US energy demand and eurozone...
Oil down in Asia on softer global demand forecast
Oil prices fell in Asia on Monday after the International Energy Agency (IEA) cut its global demand growth forecast for this year and next,...
Crude down in Asia
Crude oil prices fell in Asia Monday after official data showed China’s manufacturing activity contracting for the second straight month in September, analysts said....
Oil rebounds
Oil prices rebounded in Asian trade Thursday on bargain-hunting but escalating turmoil in debt-wracked Greece and Spain limited gains. New York’s main contract, light...
Oil mixed in Asia as glow from Fed stimulus ebbs
Oil prices were mixed in Asia trade Wednesday as euphoria sparked by the US Federal Reserve’s fresh stimulus plan began to ebb, analysts said....
Oil mixed as US facilities avoid hurricane’s fury
Crude oil prices were mixed in Asian trade Thursday as supply concerns eased after Hurricane Isaac left production facilities in the US Gulf of...
Refinery sales up 6pc in July
Though volatility in the international oil prices continue to induce volatility in the domestic refinery operation, but there throughput increased by 6pc in July...
Oil extends gains in Asian trade
Oil prices rose in Asian trade Thursday, extending a rally driven by strong energy demand in the United States.
New York’s main contract, West Texas...
Oil shallow in Asia
Oil prices were down in Asia Monday with traders taking profits from a rally last week as they awaited the release of Chinese trade...
Another low-five
Volatility in the international oil prices made FY12 once again a topsy-turvy year for the refinery sector of Pakistan. The declining trend in refinery...
‘High oil prices, volatility hit producers, consumers’
Oil prices in recent years have been marked by rapid and very wide fluctuations, causing problems for both producer and consumer nations, the International...
Crude up in Asia on bargain-hunting
Oil prices inched up in Asian trade Monday as traders bought up cheap crude following a price plunge late last week caused by disappointing...
Oil prices down on Saudi assurance
Oil prices inched lower in Asian trade Tuesday after the world's leading crude producer Saudi Arabia vowed to help stabilise prices amid tensions between...
Oil calamity in the making
Iran says if the West blocks its oil exports the crude oil prices may be doubled and severely affect global economy. It is predicted...
