KARACHI: In a reply to the letter of Federal Energy Minister Awais Leghari, Sindh Chief Minister Syed Murad Ali Shah on Saturday said the Karachi Water & Sewerage Board (KW&SB) has a claim of about Rs18 billion against various…
LONDON: Oil hit $71 a barrel on Thursday for the first time since 2014, supported by OPEC-led supply curbs, a record-breaking run of declines in U.S. crude inventories and a weaker U.S. dollar. The Organization of the Petroleum Exporting…
LONDON: Oil prices fell more than 1 percent on Friday as news of rising Iranian exports and returning supplies from Libya and Nigeria following interruptions fueled concerns that the global glut will persist.
SINGAPORE: Oil prices fell more than one percent in Asia Tuesday, extending a sell-off on speculation about a pick-up in production while world markets are rattled by fears over Britain's possible exit from the European Union.
SINGAPORE: Oil turned higher in Asia Wednesday, but the US benchmark remained below $44 a barrel as a pick-up in the dollar and rising Iranian crude production limited gains, while traders await the release of inventories later in the day.
KARACHI: Several areas of Karachi suffered acute water shortage after water level in Hub Dam reached a ‘dead level’.