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Business

Reuters
Mar 12, 2025

Oil up 2pc on tighter US supplies but tariff concerns loom

US government data shows that US crude stockpiles rose by 1.4 million barrels in the latest week, less than an expected 2-million barrel rise.

World

Reuters
Aug 30, 2024

OPEC+ likely to proceed with planned output hike from October

Eight OPEC+ members scheduled to boost output by 180,000 barrels per day in October

World

Web Desk
Jun 02, 2024

OPEC+ extends deep oil production cuts into 2025

OPEC will spend one year on gradually phasing out cuts of 2.2 million bpd starting from October 2024 until the end of September 2025

World

Web Desk
Oct 11, 2023

Russia’s Putin says OPEC+ coordination to continue

The Organization of the Petroleum Exporting Countries (OPEC) and its allies, led by Russia, began their latest cycle of limiting supplies in late-2022 to bolster the market

World

Web Desk
Aug 11, 2023

Oil prices could rise further this year, but 2024 demand to slow sharply: IEA

Tighter supply driven by oil output cuts from OPEC and its allies and rising global demand have underpinned a rally in oil prices

Oil up 2pc on tighter US supplies but tariff concerns loom

OPEC+ likely to proceed with planned output hike from October

OPEC+ extends deep oil production cuts into 2025

Russia’s Putin says OPEC+ coordination to continue

Oil prices could rise further this year, but 2024 demand to slow sharply: IEA

Pakistan Navy rescues 18 crew after distress call in Arabian Sea

US Vice President JD Vance leaves for Pakistan for Iran talks, says keen on constructive dialogue

Pakistan says visa-free entry only for US, Iran delegates, journalists for Islamabad talks

Global shares climb as investor nerves ease ahead of US-Iran talks; oil heads for weekly drop

PMDC seeks records after medical student’s mysterious death in Sindh