Global oil prices

Local price of gold per tola soared by Rs4,600, reaching record high of Rs254,000

Drop in global market, hefty rupee recovery make imports cheaper

It will ease financial woes of oil marketing firm as its receivables soar to Rs456b

Global market Oil falls 3% on US stimulus impasse

Govt faces daunting task of arresting the runaway deficit

With no authority to give approval, finance ministry announces to continue with existing prices

Deficit rose to $2.2 billion in the second quarter of FY17

Russia and 10 other non-OPEC states will reduce their production by more than half a million barrels per day

Statements counter to views that cast doubt on need for any production freeze

Chinese Economy: Oil prices rise after strong growth

Crude price has gained over 60% since January 20

Brent North Sea crude dived to $36.62 a barrel on Monday - a level last seen on December 26, 2008

OPEC is widely expected to stick to its policies of defending market share by driving rival producers out of market

Global stockpiles mount to a record three billion barrels