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Latest Pakistan

Syed Raza Hassan
Aug 15, 2025

Pakistan’s oil and gas production hits two-decade low

According to research report, surplus regasified liquefied natural gas in the system led to curtailment of local production

Latest

AFP
Jul 17, 2025

Baghdad and Arbil agree to resume Kurdish oil exports

Lucrative oil exports have been a major point of tension between Baghdad and Arbil, with a key pipeline through Turkey shut since 2023

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.

Business

Web Desk
Apr 07, 2025

PSX closes with 4,000 points fall, after tumbling over 8,500 points

PSX plunge is in line with the global market downturn. Global oil prices have also tumbled down to lowest since April 2021.

Business

Reuters
Apr 07, 2025

Asian stocks tumble, markets hunger for rapid US rate cuts

Decline in Asian stocks and overall gloomier outlook for global growth also kept oil prices under heavy pressure.

Business

Reuters
Feb 10, 2025

Shares dither on global markets, dollar firm on trade war risk

German Chancellor Olaf Scholz said the European Union was ready to respond “within an hour” if the US levied tariffs on European goods, highlighting the risks of an escalating trade war.

Business

Web Desk
Jan 11, 2025

Inflation may climb up again after June this year

Inflation had fallen to seven percent because in previous years it went as high as 29 percent so base effect needs to be considered too

Business

Reuters
Dec 02, 2024

Saudi Arabia may slash January crude prices for Asia

Last month, spot premiums for January-loading ME grades also fell by about half from the previous month on weak demand.

World

Web Desk
Nov 14, 2024

COP29: Global fossil fuel emissions to hit record high in 2024

Latest

Reuters
Nov 12, 2024

OPEC says Russian oil output broadly stable in October

Russia has pledged to compensate for its overproduction since April with reductions in October and November this year and between March and September next year.