Tag: Oil

Average production in the country this year has increase by a decent 10% to 71.6 k barrels as compared to 64.9k last year...

Average production in the country this year has increased by a decent 10% to 71.6 k barrels as compared to 64.9k last year...

Oil prices climbed in Asian trade on Thursday after the OPEC crude cartel raised its demand forecast for this year, analysts said. New York's main...

Oil turned mixed in Asian trade Monday on profit-taking, but analysts said optimism over stronger energy demand sparked by robust US and China trade...

Prime Minister Raja Pervez Ashraf has said that challenges should be turned into opportunities in order to accelerate the exploration efforts for oil and...

Oil rebounded in Asian trade Friday on geopolitical concerns after crude producer Iran rejected a US offer on nuclear talks, and on healthy trade...

Rescuers searched the rubble for survivors and authorities promised a thorough investigation after an office building blast killed 25 people and injured 101 at...

With security concerns and circular debt restricting Pakistan Oil & Gas Exploration companies to tap in new reservoir, the sector continues to rely on...

Global oil prices fell yesterday after President Barack Obama warned Republicans over the debt ceiling, with traders bracing for more US partisan bickering in...

Haulers fear what they call a ‘backbreaking loss’ worth billions of rupees as Pakistan State Oil (PSO) plans replacement of hundreds of “old tank...

National Assembly’s Legislative Committee on Petroleum and Natural Resources issued arrest warrants of Pakistan State Oil (PSO) and PARCO Managing Directors (MDs) for their...

Oil prices retreated slightly on Monday as weak energy demand and concerns over more fiscal battles in Washington tempered news of growth in the...

Oil prices were mixed in Asian trade Monday as weak energy demand and concerns over more fiscal battles in Washington tempered news of a...

Oil prices were down in Asian trade Friday as looming budget battles in the United States weighed on sentiment, analysts said. New York’s main contract,...

After the scheduled closure of gas supply to the CNG sector, the filling stations remained closed on Thursday as well so as to meet...

Advisor to the Prime Minister on Petroleum and Natural Resources, Dr. Asim Hussain has said that the Government has brought in comprehensive and facilitative...

Oil prices jumped Wednesday as President Barack Obama headed back to Washington for a last-ditch attempt to secure a “fiscal cliff” deal with Republicans...