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Thursday, December 19, 2024
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Oil dips on US crude stock build, supply worries limit losses

Oil prices eased on Wednesday after industry data showed U.S. crude stockpiles rose more than expected, but losses were capped by supply worries. Brent...

PM Imran Khan orders fast track licencing for domestic gas exploration

ISLAMABAD: Prime Minister Imran Khan has ordered to expedite the issuance of licences for domestic exploration of gas besides removing hurdles to install new...

EU plans stricter drugs supply rules

Drugmakers may face stricter rules to ensure the supply of medicines in the European Union, EU officials said on Tuesday, as the bloc tries...

Shortages of basic goods hobble US economy

For Lauren Rash, it’s the little things that have snarled production at her tent factory here, like the many shades of black Velcro. Her company,...

Couple supplying drugs in Karachi arrested

KARACHI: Police Tuesday claimed to have arrested four people including a couple involved in drugs supply in Karachi, ARY News reported.  As per details, the...

Family supplying drugs in Karachi arrested

KARACHI: Police on Sunday claimed to have arrested six members of a family involved in drugs supply in Karachi, ARY News reported.  According to the...

Oil slips on concerns that OPEC+ may be set to pump up supply

Brent crude futures dipped 7 cents, or 0.1%, to $62.63 a barrel, down 7% from a 13-month high hit last week.

ECC rolls out instructions to stabilize wheat supply, prices across Pakistan

ECC reportedly made important decisions in line with the government’s priorities to stabilize smooth wheat supply and regulate prices of the commodity

Punjab govt dispatches stocks of imported sugar to districts

The Punjab government dispatched 13,800 metric tons of sugar to districts after starting selling the sugar on rates set by the government.

CNG supply resumes across Sindh for 24 hours

The supply will remain opened till 8:00 am on Monday.

CNG supply resumes across Sindh for 12 hours

CNG will be available at the filling stations from 7:00 am on Sunday till 7:00 pm for 12 hours.

CNG stations to reopen tomorrow across Sindh

KARACHI: The compressed natural gas (CNG) Stations will reopen tomorrow at 8 a.m across Sindh including Karachi, said Sui Southern Gas Company (SSGC) spokesperson...

Karachi water supply suspended after pipeline burst

KARACHI: The citizens of the metropolis on Thursday suffered massive disruption in water supply after a pipeline at the Dhabeji pumping station burst this...

Saudi pledges ‘measurable’ oil supply boost as OPEC, Russia agree deal

OPEC agreed with Russia and other oil-producing allies to raise output from July, with Saudi Arabia pledging a “measurable” supply boost.

Murad urges center to delink disputed claims of different entities from gas supply to KE

KARACHI: In a reply to the letter of Federal Energy Minister Awais Leghari, Sindh Chief Minister Syed Murad Ali Shah on Saturday said the...

Oil hits $71 for first time since 2014 on tighter supply and weak dollar

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...

Oil prices drop as growing supplies stoke glut concerns

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.

Oil prices up in Asian trade

SINGAPORE CITY: Oil edged higher to near $42 a barrel in Asia Monday but analysts said the increase was unlikely to last as the commodity remains under pressure by a supply glut and a strong dollar.

Oil prices fall with world markets, stockpiles data eyed

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.

Oil turns higher but supply concerns, stronger dollar weigh

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.
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