crude oil

Russian crude made up a record 44% of India's overall imports last month

Worries over slow demand growth in top oil importer China have weighed on prices

Clear divisions over the Middle East crisis underscore the pressing need for an alternative to the US-led world order

Company adopts modern technology to reduce imports, save forex

Brent crude futures were down 63 cents at $86.18 a barrel

Islamabad wants purchases to reach 100,000 bpd

Finance minister also optimistic about lower prices of pol products in near future as crude oil price comes down

Crude oil worth $100 million per month for one year could be imported on deferred payment

OGRA had proposed a Rs5.50 per litre hike in petrol price

Brent crude oil futures rose 29 cents to $73.72 a barrel

Germany, France plan to suspend AstraZeneca Covid-19 vaccinations, deepening concerns about economic recovery

Crude stockpiles jumped unexpectedly in largest build since April

Oil prices fell 3% on Friday after US President Donald Trump tested positive for Covid-19

Lawmakers in US and EU are set to debate the next tranches of stimulus programmes over the coming days

Traders await OPEC technical meeting expected to recommend an easing of supply cuts

In Canada and the United States, the number of operating oil and natural gas rigs fell to a record low last week

Supply glut offsets hopes for recovery in demand as some countries ease lockdowns

Stocks jump to their highest in almost six weeks

Imran Khan-led govt allows refineries to import commodity to meet growing demand due to harvesting season

The OPEC+ group of oil producers agreed at the weekend to cut output by 9.7 million barrels per day in May

Emergency rate cuts by US Federal Reserve, global counterparts fail to tame markets

Investors worried about economic slowdown due to global spread of coronavirus

Mmarket sentiment improves as factories in China starts to reopen and government eases its monetary policy

Tensions in Gulf have risen since attacks on oil tankers this summer

In short term, oil prices may get a further boost from US-Iran standoff

US sanctions on Iran will tighten global oil supply; traders say crude could hit $100 in 2019

FWO requests Petroleum Division to sign agreement to secure investment

The indigenous crude oil met only 15% of the country’s total requirements, while 85% were met through imports

Underwater robots will be deployed to explore the wreck waters as well

Oil companies have ramped up investment in key US shale regions

Libya’s National Oil Corp says it will double production, adding to worries

Earlier Rs480b debt was cleared in haste and without transparency

The police also said that the suspects, during the initial investigation confessed to the crime.

Many of the oil giants have been content with their status as pure resource-based economies

A $10-per-barrel rise in oil prices increases import bill by $1.25 to $1.5 billion per year

The crude price collapse, to around $46 on Friday, has intensified Saudi efforts to diversify the economy

Analysts say prices are expected to see-saw ahead of Sunday's meeting

Government collects 6.6% or Rs34.5b more in taxes and duties in 2014-15, according to fiscal policy statement

Crude oil prices have tumbled by 70 per cent since mid-2014, dropping this year below $30 a barrel