OPEC+ production hike report knocks oil prices to 10-month low
LONDON: On Monday, oil prices fell to their lowest level since early January after the Wall Street Journal reported…
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#Oil Prices
Oil prices decline as supply concerns subside
LONDON: On Friday, the price of oil plummeted by more than $3 a barrel and was on track for a second consecutive…
Oil prices decline as recession fears overcome supply constraints
Oil prices inched lower in New York on Monday as investors balanced economic storm clouds that may portend a…
The index gains 531 points as the currency recovers and oil prices fall
The Pakistan Stock Exchange (PSX) began the week on a bright note, with analysts attributing the surge to the…
Oil falls to 7-month low on supply fears, rate hike predictions
Oil prices dropped by more than $1 on Wednesday to their lowest level before the Russian invasion of Ukraine, as…
Oil jumps over $2 before Opec+ summit
On Monday, oil prices increased by more than $2 per barrel as investors anticipated possible moves by Opec+…
Oil hits 6-month low amid recession fears
Oil reached a six-month low on Wednesday following a brief rebound, as concerns about the possibility of a…
Oil sales decreased 26%
Karachi: The first month of FY23 began with a 26% YoY fall in oil sales to 1.442 million tonnes, the lowest level…
OPEC+ authorizes a slight increase in oil output as a rebuke to Biden
OPEC+ is planning to increase its oil output target by 100,000 barrels per day, a figure that observers deemed an…
Saudi GDP rises 12% in 2nd quarter on oil increases
On Sunday, the government's statistics agency report indicated that Saudi Arabia's economic growth for the second…