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Latest

Web Desk
Jul 22, 2025

OGRA begins oil supply chain digitisation to boost transparency

Under this initiative, every component of the oil supply chain – including refineries, storage terminals, tank lorries, Oil Marketing Company (OMC) depots, and retail fuel stations – will be brought under a unified digital oversight framework.

Business

Reuters
Sep 06, 2024

OPEC+ agrees to delay October oil output hike for two months

Dispute between rival factions in OPEC that led to a loss of at least 700,000 bpd of production has supported oil in recent weeks.

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.

Business

Web Desk
Feb 26, 2024

Global oil prices extend losses

In continuation of losses from the previous session, oil prices faced a downturn on Monday as the US dollar strengthened.

World

Web Desk
Jan 10, 2024

Global oil prices surge amid supply disruptions

In response to the recent Middle East crisis and a Libyan supply outage, oil prices experienced a notable surge on Tuesday, rebounding from the previous day’s substantial losses.

Latest

Web Desk
Sep 20, 2023

Oil tankers’ association calls of strike

After the talks, Presidents OCTA Karachi and Islamabad/Rawalpindi Abidullah Afiridi and Noman A Butt said that “our demands have been accepted and we are not going on strike tomorrow.”