Friday, December 9, 2022
Tags Crude oil

Tag: Crude oil

Russia to provide crude and diesel at discounted rates, says Musadik Malik

State Minister for Petroleum Musadik Malik announced on Monday that Russia has decided to provide crude oil, petrol, and diesel to Pakistan at discounted...

Russia turns down Pakistan’s request for discounted oil

Russia has turned down Pakistan’s request for a 30-40 percent discount on crude oil during talks in Moscow. According to The News, talks ended on...

Oil rises after Saudis deny report of Opec+ supply increase

Oil prices rose slightly in early Asian trade on Tuesday, a day after Saudi Arabia denied a media report that it was discussing an...

Oil prices slide as hopes for China demand rebound fade

Oil prices fell more than $1 a barrel on Monday after Chinese officials on the weekend reiterated their commitment to a strict Covid containment...

Oil climbs on demand hopes after big drawdown in US crude stocks

Oil prices rose in early trade on Wednesday after industry data showed a surprise drop in United States crude stockpiles, suggesting demand is holding...

Pakistan backs Saudi Arabia in feud with US on oil production cut

Pakistan on Tuesday put its weight behind Saudi Arabia, which has locked horns with the United States over the cut in oil production to...

Oil jumps 4% to five-week high lifted by Opec+ output cut

Oil prices jumped about 4 percent to a five-week high on Friday, lifted again by an Opec+ decision this week to make its largest...

Oil price dips as dollar strengthens, demand weakens

Oil prices retreated slightly on Thursday after gaining more than $3 in the prior session, with a strong dollar capping oil demand from buyers...

Oil prices fall for a second day on concerns of expected recession

Oil prices fell for a second day on Monday on fears of lower fuel demand from an expected global recession sparked by rising worldwide...

Oil prices edge lower on prospect of rising US interest rates

Oil prices inched lower on Wednesday on concerns of another United States Federal Reserve interest rate hike next week after consumer prices unexpectedly rose...

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