oil

Oil prices hold near six-month lows

LONDON: Oil prices stabilised on Wednesday, but remained near six-month lows after a more than… Read More

New oil, gas reserves discovered in Sindh

In a significant development, Oil & Gas Development Company Limited (OGDCL), one of Pakistan’s leading… Read More

Russia and Saudi Arabia urge all OPEC+ powers to join oil cuts

MOSCOW: Saudi Arabia and Russia, the world's two biggest oil exporters, on Thursday called for… Read More

Oil rebounds from six-month-low but demand concerns linger

Oil prices reclaimed some ground on Thursday after tumbling to a six-month low in the… Read More

Oil and gas investment could halve by 2030

The current $800 billion invested annually in the global oil and gas sector could be… Read More

Oil extends gains as OPEC+ to mull deeper cuts

Oil futures nudged higher on Monday, extending gains on expectations of OPEC+ deepening supply cuts… Read More

Oil dealers, OMC margins likely to be increased from Nov 1

ISLAMABAD: The Petroleum Ministry has proposed an increase in the dealers and oil marketing companies'… Read More

Oil falls more than $2 on easing Middle East fears

Oil prices fell more $2 a barrel on Thursday as fears of a wider Middle… Read More

Oil jumps 2% as hospital blast increases Middle East tensions

Oil prices surged on Wednesday as tension escalated in the Middle East after hundreds were… Read More

Oil ticks up as worries about supply disruptions linger

Oil edged higher on Wednesday as investors grappled with the prospect of supply disruptions due… Read More

Oil could hit $100/bbl as OPEC+ sticks with supply cuts: report

Global crude oil prices could rise to $100 a barrel based on the OPEC+ decision… Read More

Oil prices spike on tight supplies and upbeat OPEC

Oil prices jumped by about 1% on Tuesday, boosted by a tighter supply outlook and… Read More

Oil jumps as Saudi Arabia and Russia extend supply cuts

Oil prices spiked more than 1% on Tuesday after Saudi Arabia and Russia announced a… Read More

Oil prices steady as China’s economic woes offset expected supply cuts

Oil prices were mostly flat on Tuesday as data showing China's economy was still struggling… Read More

Oil set to snap two-week losing streak

Oil prices were set to snap a two-week losing streak as they rose for a… Read More

Oil steadies as demand worries counter supply concerns

Oil prices were little changed on Tuesday as investors weighed the enduring possibility of another… Read More

Oil set for 2nd weekly fall on firm dollar as supply worries ebb

Oil rose but headed for a second week of decline on Friday, as the dollar… Read More

Shell investigates possible oil pipeline leak

Shell's Nigeria business is investigating a possible leak on its Trans Niger oil pipeline, which… Read More

Oil set to snap 7-week winning streak on China woes, Fed rate outlook

SINGAPORE: Oil prices looked set to snap a seven-week winning streak on Friday as concerns… Read More

Oil falls on China worries despite tighter US supply

Oil prices edged down in early trading on Wednesday, extending losses from a 1% drop… Read More