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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.

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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.

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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.

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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.

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.

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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.”