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Business

Reuters
Apr 23, 2025

Oil rises 1pc on Iran sanctions, drop in US crude stocks

Brent crude futures rose 61 cents but US crude oil inventories fell by around 4.6 million barrels last week, market sources said.

Pakistan

Reuters
Apr 15, 2025

Pakistan mulls US oil imports to ease trade imbalance

Countries are scrambling to find ways to lower their US tariff burdens, including buying more US oil and gas, as President Donald Trump’s sweeping import duties rattle economies and markets.

Latest

AFP
Mar 05, 2025

Brent oil falls to lowest price since 2021 as US crude stocks surge

The dollar hit three-month lows on Wednesday as the US’ trade war with its partners escalated, while a major overhaul to German government borrowing triggered the biggest sell-off in the country’s debt since the late 1990s.

World

Reuters
Feb 28, 2025

Oil prices set for first monthly decline since November

Oil prices eased on Friday, heading for their first monthly drop since November, as uncertainty over global economic growth and fuel demand from Washington’s tariff threats and further signs of a US economic slowdown outweighed supply concerns.

Business

Reuters
Jan 20, 2025

Oil dips slightly as Trump mulls relaxing Russia energy curbs

Oil prices were little changed on Monday as expectations of US President-elect Donald Trump relaxing curbs on Russia’s energy sector in exchange for a deal to end the Ukraine war offset concern of supply disruption from harsher sanctions.

Pakistan

Web Desk
Sep 18, 2024

Russian Deputy Prime Minister arrives in Pakistan today

Russian Deputy Prime Minister, Alexei Overchuk, arrives in Pakistan today for a two-day visit in which he will meet PM Shehbaz Sharif,

Business

Web Desk
Sep 11, 2024

US crude oil prices decline below $66 a barrel

This marks a decrease of over $3.

World

Web Desk
Sep 08, 2024

Oil is headed for a steeper dive, and OPEC+ won’t be able to stop it

China, the engine of oil demand for the past two decades, is showing a diminished appetite for the commodity.

World

Web Desk
Aug 10, 2024

Crude oil prices climb over 3.5 per cent on Fed rate cut hopes

Oil prices ended higher on Friday, marking a weekly gain of over 3.5 per cent as encouraging economic data and indications from Federal Reserve policymakers about possible interest rate cuts in September alleviated concerns about demand.

Business

Reuters
Apr 06, 2024

Oil prices go up over four per cent in a week

The gain of 303,000 jobs last month points to likely robust oil demand but potentially delays anticipated interest rate cuts by the US Federal Reserve later this year.