oil
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Another big rise in oil prices likely | The Express Tribune
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[ad_1] ISLAMABAD: As tensions boil over in Europe after Russia’s invasion of Ukraine, the prices of petroleum products in Pakistan are likely to surge by up to Rs9.59 per litre from March 1, 2022. In mid-February, the government has already made a record increase in prices of petroleum products, when it raised the price of…
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Oil prices take breather as Russia advances further on Ukraine | The Express Tribune
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[ad_1] LONDON: Oil prices slipped on Friday, after sharp rises in the session, on concern over potential global supply disruptions from sanctions on major crude exporter Russia. The April Brent crude futures contract was down $0.33, or 0.3%, to $98.75 a barrel at 1045 GMT, after climbing to as high as $101.99. The more active…
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Oil tops $105 after Russia attacks Ukraine | The Express Tribune
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[ad_1] NEW YORK: Oil prices jumped on Thursday, with Brent crude rising above $105 a barrel for the first time since 2014, after Russia’s attack on Ukraine exacerbated concerns about disruptions to global energy supply. Russia launched an all-out invasion of Ukraine by land, air and sea in the biggest attack by one state against…
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Oil exceeds $100 marks for first time since 2014 as Russia attacks Ukraine
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[ad_1] Oil prices exceed $100 a barrel mark for the first time since September 2014. Photo: file HONG KONG: The global prices of Brent crossed $100 a barrel mark for the first time since September 2014 on Thursday and safe havens surged while equities tumbled after Russian President Vladimir Putin announced a “military operation” in…
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Oil breaches $100 for first time since 2014 on Ukraine attacks | The Express Tribune
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[ad_1] BEIJING: Oil breached $100 a barrel for the first time since 2014 on Thursday as Russia moved troops into Ukraine, sparking concerns that a war in Europe could disrupt global energy supplies. Russia has launched a full-scale invasion of Ukraine and is targeting cities with weapons strikes, Foreign Minister Dmytro Kuleba said in a…
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OGRA chief hints at further hike in oil prices | The Express Tribune
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[ad_1] ISLAMABAD: The National Assembly Standing Committee on Petroleum was informed on Wednesday that the prices of petroleum products might increase in the country because of unprecedented hike in the world oil prices, while two tenders for import of liquefied natural gas (LNG) were cancelled. Members of the committee, which met here with Imran Khattak…
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Oil steady as Russia-Ukraine supply fears wane | The Express Tribune
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[ad_1] LONDON: Oil prices on Wednesday fell from seven-year highs hit the previous day after a first wave of US and European sanctions on Russia appeared unlikely to disrupt oil supplies. Brent crude was down $0.27, or 0.2%, to $96.57 a barrel at 1247 GMT, after hitting $99.5 on Tuesday, the highest since September 2014.…
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Oil inches closer to $100 | The Express Tribune
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[ad_1] Oil rose to its highest since 2014 on Tuesday after Moscow ordered troops into two breakaway regions in eastern Ukraine, tempered by a declaration from Germany’s Chancellor that the nation would not certify the $11 billion Nord Stream 2 pipeline. Germany put the certification of the Nord Stream 2 gas pipeline from Russia on…
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Oil reaches almost $100 a barrel for first time since 2014 amid Russia-Ukraine escalation
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[ad_1] Oil prices have reached almost $100 a barrel for the first time since 2014 amid tensions between Russia and Ukraine. — AFP HONG KONG: The global price of Brent crude hit its highest since September 2014 on Tuesday amid rising tensions between Russia and Ukraine. As per the details, crude was up $3.48, or…
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Market watch: Stocks fall as global crude oil rises | The Express Tribune
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[ad_1] KARACHI: Pakistan Stock Exchange extended losses on Tuesday, as jittery investors took cue from the global equities’ sell-off amid rising geopolitical tensions that lifted international crude oil prices. The benchmark KSE-100 index, in the absence of any positive triggers, stayed in the red zone throughout the session. Index heavyweight sectors, mainly technology and cement,…
