United Nations (UN) steps up efforts to remove crude oil from a decaying supertanker carrying approximately a million barrels, off the coast of Yemen. The UN mission is focused on
Pakistan is set to receive its first consignment of blended oil from Russia soon, which will partially meet its energy demands. Pakistan lacks the technology to refine crude oil into
Russia warns Western oil imports ban could result in oil prices doubling and prompt the closure of the main gas pipeline from Russia to Germany.
The price of oil jumped more than $10 a barrel and shares were sharply lower Monday as the conflict in Ukraine deepened amid mounting calls for harsher sanctions against Russia
OPEC and its allies decided to maintain their policy of modestly boosting oil output next month
Following the drop in global crude oil prices, the government has reduced the prices of petroleum products in Pakistan with effect from Dec 16 (Thursday)
(Reuters) - Oil prices plunged $10 a barrel on Friday, their largest one-day drop since April 2020, as a new variant of the coronavirus spooked investors and added to concerns
Shortages of natural gas, coal from Asia to Europe are driving additional demand for oil products in power generation
The Kingdom of Saudi Arabia (KSA) announces huge package for Pakistan in difficult times, it will once again provide oil on late payments. Confirming in the National Assembly session, Finance
Brent oil topped $80 a barrel amid signs that demand is running ahead of supply, depleting inventories amid a global energy crunch