Oil prices

A fall in US crude oil inventories put a floor on those losses

Unite against OGRA’s proposal, fear hyperinflation and mass exploitation

Recent gas and oil price hikes set to fuel inflation, impacting consumers and industries alike

In ME, tensions rose morning after US, British forces carried out second joint round of strikes on Houthi in Yemen

China’s economy in the fourth quarter expanded by 5.2% YoY

Govt following its bi-monthly schedule, is set to announce new prices on Dec 31

Projection based on global oil price fall, rupee strengthening

Makes move to tackle risk of mounting debt crisis, default

Oil prices rise 2% as a result

Analyst says traders on high alert for signs of wider conflict emerging in ME region that could disrupt supplies

Drop in global market, hefty rupee recovery make imports cheaper

Industry says govt denies them recovery of exchange rate losses and other factors

Group was largely expected to stick to its already agreed 2 million bpd cuts when its panel meets virtually on Monday

Brent crude futures rose $2.28 to $92.90 a barrel after falling $1.38 yesterday

Global oil prices may rebound towards the end of the year as supply is expected to tighten further

'Saving Pakistan from economic bankruptcy was the first major achievement, second will be economic development'

Oil prices dive on Covid worries

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

No new date decided for 23 members of OPEC+ group to reconvene

Rise in oil prices

Oil prices edged higher on Monday, lifted by European economic reopening

Disregards Ogra’s order which had reduced gas prices by 6% from July 1

Decides to change petroleum product prices on a fortnightly basis

Minister tells Senate govt has only levied 17% tax on petroleum products

Price Monitoring Committee should monitor prices of essential commodities and report on a weekly basis, says PM Imran

Economic Coordination Committee set to take decision in meeting on Saturday

Russia says oil output dropping close to 8.5m bpd for May and June

Govt decides to adjust revenue losses than to let Ogra-suggested price dip

Brent crude hit near 21-year low last month as pandemic squeezed demand

Oil prices have tumbled in recent weeks over the new coronavirus pandemic

Demand for oil products falling as govts announce nationwide lockdowns

UN chief Antonio Guterres urges governments to work together to stop virus from infecting global economy

Kingdom of Saudi Arabia sets plan for a big increase in crude production in April

About 20 minutes into trading, the Dow Jones Industrial Average stood at 28,661.44, down 0.7%

Oil prices rise to their highest in two sessions

Jair Bolsonaro and Petrobras says oil firms will not immediately increase fuel prices

Pakistan’s energy supply is also at a risk due to mounted tensions in Middle East and South Asia

Price increase weighs across global stock markets on fears of impact on global growth

Oil prices rise with US crude gaining 1%

Govt is charging Rs18 per litre petroleum levy on HSD, Rs15 per litre on petrol

Iran’s biggest oil customers are China and India, who have both been lobbying for extensions to sanction waivers

Ogra sends summary to Petroleum Division recommending hike in oil prices for April 2019

US oil prices have climbed 9% in the last six weeks

Although the threat of an all-out trade war dampens the outlook for the global economy

Rates slashed despite OGRA's recommendation for price hike

Global lender predicts GCC will grow 2.4% in 2018 and 3% in 2019

Washington imposed sanctions against Iran on Monday, restoring measures lifted under a 2015 nuclear deal

Pakistan has entered a debilitating inflationary cycle amidst rising global oil prices

The call comes days after the US president criticised OPEC for high oil prices

OGRA had recommended increase of up to Rs4.41 per litre