oil

  • Brent oil touches its highest in over 7 years

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    [ad_1] Oil prices have once again hit their highest level in more than seven years. AFP HONG KONG: Brent crude prices hit their highest level in more than seven years on Tuesday on growing demand optimism, easing concerns about the Omicron Covid variant and geopolitical tensions. The contract hit $86.84 in Asian trade, a level…

  • Benefits from reduction in oil prices will be transferred to people: Tarin

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    [ad_1] In this handout picture released by National Assembly on June 11, 2021, Finance Minister Shaukat Tareen presents the annual fiscal budget at the National Assembly in Islamabad. Photo: AFP Advisor to the Prime Minister on Finance Shaukat Tarin Friday said the government has abolished all taxes on petrol and that the benefits derived from…

  • IEA chief urges OPEC nations for measures to push oil prices down

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    [ad_1] PARIS: The head of the International Energy Agency on Wednesday called on OPEC and its allies to take measures to help bring oil prices down to “reasonable levels”. “I very much hope to see in the next meeting or meetings they… make the necessary steps in order to comfort the global oil markets and…

  • Prices of tomatoes, cooking oil among 29 essential items to witness surge

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    [ad_1] โ€” AFP/File KARACHI: Prices of 29 essential items including tomatoes, mustard oil, vegetable ghee, potatoes, cooking oil, etc., rose during the week ended October 21. Based on the Sensitive Price Index (SPI), the weekly inflation registered an increase of 1.38% for the combined income group going up from 159.26 points during the week ended…


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