Tag: Oil

The escalation of 6 percent month-on-month (MoM) in the price crude oil (Arab light) coupled with amplification of 12 percent MoM in volumetric terms...

Crude prices surged in Asia Monday as supply of oil and gas from the Gulf of Mexico was curtailed after Tropical Storm Isaac forced...

Crude prices surged in Asia Monday as supply of oil and gas from the Gulf of Mexico was curtailed after Tropical Storm Isaac forced...

The Pakistan Economy Watch (PEW) President Dr. Murtaza Mughal said on Sunday that the government’s decision to allow marketing companies to fix retail prices...

The Pakistan Economy Watch (PEW) on Sunday said that government’s decision to allow marketing companies to fix retail prices of major oil products is...

According to a Global Data report oil and gas capital expenditure (capex) would increase by 13.4% this year as compared to the $916 million...

Brent crude has recovered from a low of $88.49 reached in June to hit a three-month top last week on hopes of progress in...

Crude oil prices rose in Asia Wednesday on growing hopes of imminent European Central Bank intervention to ameliorate the eurozone debt crisis, analysts said. New...

Oil prices have soared this week to as high as $100 per barrel – a three month high – courtesy the latest episode in...

World oil prices fell Friday on profit-taking following recent gains which saw New York and Brent crude hit three-month highs, analysts said. Brent North Sea...

World oil prices tumbled in Asian trade Friday as traders cashed in gains from a recent rally, analysts said. New York's main contract, West Texas...

Oil prices turned lower in Asia on Thursday, as traders cashed in on gains following an overnight rally driven by strong energy demand in...

Oil is up almost a third in six weeks at a time when the world economy, and hence fuel demand, are extremely weak. Today’s oil...

The data added to concerns about demand for oil going forward and countered supportive hopes or expectations that central banks will introduce more stimulus...

Civil Defence staff foiled a terrorism bid and defused 2 pound bomb planted in oil tanker in the city area of Layyah on Tuesday. As...

Oil prices slipped in Asia on Tuesday as traders took profits from a rally in New York that saw West Texas Intermediate (WTI) crude...

Investors took a second look at Thursday’s statement by European Central Bank President Mario Draghi and concluded that help was on the way, even...