oil

Market considers possibility of an early OPEC meeting as well

Oil rises as markets wait for virus impact, US stocks fall

Europe's Stoxx 600 and Wall Street futures bounce 0.5% from Monday's closing levels

Both main oil contracts tumble more than 2%, having dropped more than 6% last week

Increase in oil prices due to Mideast tensions can have drastic impact
on Pakistan

They must satisfy big investors but at the same time they can't risk cutting dividends

Oil marketing company’s receivables have mounted to Rs355 billion

Beijing is world's second-largest oil consumer; slowdown in travel will show up on demand forecasts

Benchmark index decreases 54.33 points to settle at 42,506.94

Analyst expects price shock of up to $5 a barrel if the crisis develops into a SARS-style epidemic

Price decreases on expectations a well-supplied market will absorb disruptions

Two large production bases in Libya began shutting down amid military blockade

US Senate's approval of changes to US-Mexico-Canada FTA boosts mood

International Energy Agency expects oil production to outstrip demand

US President Trump, Chinese Vice Premier Liu due to sign Phase 1 agreement today

Malaysian minister says growth due to rising population, increased spending

Signing of initial US-China deal can boost economic growth and demand

Previously, companies could enter the industry only through joint ventures

Tweets by Trump, Iran's foreign minister appear to signal a period of calm

Earlier, Brent reached its highest since September while WTI rose to its strongest since April

Concerns heighten about escalation in Middle East conflict and possible impact on oil supplies

Concerns heighten about escalation in Middle East conflict and possible impact on oil supplies

Concerns grow over escalation of regional tensions after air raid

January also marks scheduled start of deeper output cuts by OPEC and allies

Brent gains about 24% in 2019 and WTI rises 35%

EIA expects average crude prices to be lower in 2020 than in 2019 owing to rising inventories

Prices also got support from lower US crude inventories

OPEC, Russia agree to continue cooperation to support the market

Prices hold near three-month highs on hopes of a US-China trade deal

May face shutdown if furnace oil supply remains suspended

Seek ministry’s intervention as two oil piers at KPT stop working

Progress in US-China trade dispute boosts expectations for higher energy demand next year

US identifies several similarities between the drones used in the raid and an Iranian designed aircraft

The wildlife department has stated that all recovered reptiles will be freed in the forest

PFA issues notices to 13 plastic manufacturing units

News of Trump's impeachment by US House of Representatives fails to stir oil market

However, demand hopes stem bigger drop in prices

US official says phase one deal with China has been absolutely completed

Agreement will reduce some US tariffs in exchange for substantial Chinese purchases

Iran has dismissed such figures as ‘utter lies’

Customs seizes illegal goods worth Rs1 billion in last three months

Increase recoups some of the previous session's losses

Saudi Arabian Oil Co (Aramco) raised a record $25.6 billion in its IPO last week

US-China trade tensions continue to cloud outlook for demand

Dec 15 deadline for next round of US tariffs on Chinese imports looms over markets

OPEC and its allies agree to 500,000bpd production cut for first quarter of 2020

OPEC is seeking to increase production cuts by more than 400,000 barrels per day

Deeper cut is being preferred by a number of key OPEC members: Iraq oil minister

Trump says trade agreement with China might have to wait until US election next November

Will also invite bids for 10 onshore sites; auction will be held next month