Tuesday, January 31, 2023
Tags Oil

Tag: Oil

Oil make small gain after 9% drop in two days as economic worries persist

Oil prices rebounded on Thursday – Brent crude up $1.22, or 1.6%, to $79.06 a barrel and US West Texas Intermediate crude futures $1.02,...

Oil price down for second consecutive day amid economic uncertainties

Oil edged lower on Wednesday for the second consecutive day, weighed down by concerns about weak demand due to the state of the global...

Dar says US informed about decision to buy oil from Russia

Pakistan has informed the US about its decision to buy oil from Russia but only at terms that are favourable than offered to its...

Dar says ready to buy oil from Russia at same rate India purchasing

Finance Minister Ishaq Dar has shown an indication to buy Russian oil but on the condition that it provides the important commodity at the...

Why Pakistan may also consider to buy oil from Russia like our next door neighbour?

While every Pakistani condemn invasion of country, war, exploitation and human right violations by anyone geographically, they are also nervously looking at how they...

Oil prices drop amidst rise in US inventories

Oil prices plummeted on Thursday, spreading losses after an unexpected increase in inventories in the United States was reported. This shift comes about after...

Oil prices in international market reaches highest in three years at $80-a-barrel

Oil prices in international market experienced a surge on Monday taking it up to a few cents short of $80 a barrel—its highest in...

Oil firm but heading towards weekly loss on demand worries

Oil prices edged higher on Friday but remained on track for their biggest weekly decline since March on concerns over the impact on fuel...

Avanceon wins Rs150m contract to provide retail automation for leading oil marketing company

KARACHI: Industrial automation consultation and system integration company Avanceon Limited has won a contract worth Rs150 million to deploy a fuel retail automation system...

Policy being prepared to uplift oil refinery sector

KARACHI: The federal government through the Ministry of Energy (MoE) has prepared an ‘Oil Refinery Policy’ to incentivise the upgradation of the local refineries...

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