demand
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Despite high gas prices, US refiners strain to meet summer demand
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[ad_1] Photo: AFP/file NEW YORK: Only time will tell how much record US prices at the pump will dent driving demand this summer, but don’t expect a significant increase in gasoline supply from American refineries. The reason: Several US gasoline…
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Oil steadies as recession worry offsets demand outlook | The Express Tribune
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[ad_1] HOUSTON: Oil prices were little changed on Monday, as worries over a possible recession offset an outlook for higher fuel demand with the upcoming US summer driving season and Shanghai’s plans to reopen after a two-month coronavirus lockdown. Brent…
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Auto parts makers demand halt to imports | The Express Tribune
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[ad_1] LAHORE: Pakistan Association of Automotive Parts and Accessories Manufacturers (Paapam) Chairman Abdur Razaq Gauhar, while welcoming the government’s decision to impose ban on import of luxury cars and consumer goods, has called for halting import of auto parts too….
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Oil rises on China demand optimism | The Express Tribune
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[ad_1] NEW YORK: Oil prices rose on Monday on optimism that China would see significant demand recovery after positive signs that coronavirus pandemic was receding in the hardesthit areas. Brent crude rose $1.34, or 1.2%, at $112.89 a barrel at…
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Big retailers demand end to tier system | The Express Tribune
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[ad_1] LAHORE: Large retailers have called on the government to simplify the sales tax regime, especially for the integrated small and medium-sized retailers, and do away with the categories of tier-1 retailers and other-than-tier-1 retailers. They have also asked the…
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Traders demand consultation on budget | The Express Tribune
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[ad_1] LAHORE: The business community has expressed optimism that the acting State Bank of Pakistan (SBP) Governor, Murtaza Syed, will initiate a consultation process with the stakeholders on budget preparation. In a statement on Friday, Lahore Chamber of Commerce and…
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Industrialists demand steps to tackle power shortfall | The Express Tribune
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[ad_1] ISLAMABAD: Industrialists and businessmen have voiced concern over the growing power crisis as the shortfall has shot up to 6,000 to 7,000 megawatts and have urged the government to take urgent measures to overcome the shortage as it will…
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Oil rebounds from drop on China demand concerns | The Express Tribune
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[ad_1] LONDON: Oil prices rebounded in volatile trading on Tuesday as the market weighed concerns over Russian supply and Chinese demand. Brent crude futures were up $1.26, or 1.2%, at $103.58 a barrel by 1355 GMT while US West Texas…
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0.2m tons urea to be imported to bridge demand supply gap | The Express Tribune
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[ad_1] ISLAMABAD: The fertiliser review committee, which met here, insisted that a significant part of urea demand would be met domestically, however, a summary for import of 200,000 tons of urea would be prepared to bridge the gap before demand…
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Oil dives as Shanghai lockdowns stoke demand fears | The Express Tribune
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[ad_1] NEW YORK: Oil slumped about 6% on Monday to its lowest in two weeks on growing worries about the global energy demand outlook due to prolonged COVID-19 lockdowns in Shanghai and potential increases in US interest rates. In Shanghai,…
