oil
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Oil eases from seven-year highs | The Express Tribune
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[ad_1] LONDON: Oil eased on Monday from its highest in more than seven years as Ukraine hinted at possible concessions to Russia that could alleviate tensions between the two countries that Western governments say are on the brink of war….
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Oil steadies near seven-year high on Ukraine-Russia tensions | The Express Tribune
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[ad_1] LONDON: Oil steadied on Monday after earlier hitting its highest in more than seven years on fears that a possible Russian invasion of Ukraine could trigger US and European sanctions that would disrupt exports from one of the world’s…
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The skyrocketing prices of edible oil | The Express Tribune
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[ad_1] KARACHI: Prices of edible oil, ghee and related products were adjusted upwards several times during the previous year. In January 2021, cooking oil was sold for Rs289 per kg whereas in January 2022 its price was standing at Rs399…
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Oil prices gain after IEA says market tight | The Express Tribune
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[ad_1] LONDON: Oil prices rose on Friday after the International Energy Agency (IEA) said oil markets were tight, but were still heading for weekly losses on inflation worries and US-Iran which could boost global supplies. Brent crude futures rose $1.01,…
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Pakistan to start using Saudi oil facility from next month: Tarin | The Express Tribune
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[ad_1] ISLAMABAD: Finance Minister Shaukat Tarin informed the Senate on Friday that Pakistan will start using the Saudi oil facility on deferred payments from next month. Last week, Pakistan and Saudi Arabia agreed to operationalise the kingdom’s oil facility at…
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Oil rises on falling US stockpiles but Iran talks weigh | The Express Tribune
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[ad_1] LONDON: Oil prices rose on Thursday after rallying on an unexpected drop in US crude inventories in the previous session, as investors awaited the outcome of US-Iran nuclear talks that could add crude supplies quickly to global markets. Brent…
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Oil prices stable at $90, Iran supply prospects add pressure | The Express Tribune
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[ad_1] LONDON: Oil prices were stable around $90 a barrel on Wednesday but the prospect of increased supply from Iran and the United States kept pressure on the market. Brent crude futures edged down $0.36, or 0.4%, to $90.42 a…
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Oil slips from seven-year high ahead of more US-Iran talks | The Express Tribune
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[ad_1] LONDON: Oil slipped to around $91 a barrel on Tuesday ahead of the resumption of indirect talks between the United States and Iran, which could revive an international nuclear agreement and allow more oil exports from the OPEC producer….
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Oil falls on positive signals from US-Iran talks | The Express Tribune
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[ad_1] LONDON: Oil prices fell on Monday as signs of a progress in the US-Iran nuclear talks that could lead to removal of US sanctions on Iranian oil sales offset concerns about the tight supplies. Brent crude was down $0.31,…
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Dealing with rising oil prices | The Express Tribune
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[ad_1] ISLAMABAD: There is no increase in petroleum prices this time around, although crude oil prices have reached $90 per barrel. The government has done away with GST on petroleum altogether and has maintained some petroleum development levy (PDL), which…
