Tanker filled with 15,000 litres of oil overturns in Karachi
According to rescue sources, no casualty was reported in the accident. Read More
5 years ago
oil
Saudi Arabia wary of costly slow response of OPEC allies
Saudi Arabia wants global oil producers to agree a quick oil supply cut as China’s… Read More
6 years ago
Subsidised oil, ghee from utility stores being sold in open market
Subsidised oil and ghee designated for utility stores are reportedly being sold in the open… Read More
6 years ago
Somalia has invited Turkey to explore for oil in its seas
Turkey has been a major source of aid to Somalia following a famine in 2011… Read More
6 years ago
Oil rises to more than a week high after Libyan outage
Oil prices rose to their highest in more than week on Monday after two large… Read More
6 years ago
China’s 2019 and December crude oil runs hit record highs
Refinery runs in December came in at 58.51 million tonnes, or about 13.78 million barrels… Read More
6 years ago
Saudi energy minister: We want sustainable oil prices
Prince Abdulaziz bin Salman said it was too early to talk about whether the Organization… Read More
6 years ago
Oil, gold prices drop in int’l market shortly after Trump’s speech
According to the details, the gold prices decreased by $14 per ounce and is being… Read More
6 years ago
Oil jumps as Iran rocket strike on US forces jolts markets
Brent crude futures rose $1.56, or 2.3%, to $69.83 by around 0207 GMT, after earlier… Read More
6 years ago
Oil drops more than 1% as investors recalibrate risk in Middle East
The gains followed fears of escalating conflict and potential Middle East supply disruptions after US… Read More
6 years ago
Gold, oil soar, shares slip as US and Iran trade threats
President Donald Trump warned Iran that the US would strike back, “perhaps in a disproportionate… Read More
6 years ago
Oil rises after US killing of top Iranian general fuels war fears
World oil prices jumped on Friday after the US killed a top Iranian general, fanning… Read More
6 years ago
Saudi Arabia, Kuwait ink deal to resume joint oil output
Kuwait's oil minister Khaled al-Fadhel said on Twitter that the memorandum of understanding signed with… Read More
6 years ago
Oil declines, but losses limited as US-China near trade deal
Brent crude LCOc1 was down 15 cents, or 0.2%, at $65.99 a barrel by 0306… Read More
6 years ago
Saudi, Russia look to seal deeper output cuts with oil producers
Saudi Arabia and Russia will seek approval for deeper output cuts from OPEC and allies… Read More
6 years ago
Saudi Arabia wants OPEC+ to deepen oil cuts due to Aramco IPO
Prince Abdulaziz bin Salman heads to Vienna this week for his first OPEC meeting as… Read More
6 years ago
Factbox: Saudi Aramco – the oil colossus
Aramco has fuelled decades of prosperity in Saudi Arabia. The kingdom is the de facto… Read More
6 years ago
Growth in global oil demand to slow from 2025: IEA
Growth in global oil demand is expected to slow from 2025 as fuel efficiency improves… Read More
6 years ago
OGDCL made four oil, gas discoveries in three months
Oil and Gas Development Company Limited has made four discoveries during the last three months Read More
6 years ago
Saudi Arabia has restored oil output after attacks
Saudi Arabia has fully restored oil output after attacks on its facilities last month and… Read More
6 years ago