prices
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Oil prices dip as dollar soars | The Express Tribune
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[ad_1] NEW YORK: Oil prices dipped on Wednesday as a soaring US dollar made barrels more expensive and coronavirus outbreaks in China clouded the economic outlook in the world’s biggest importer of crude oil. Supplies remained tight in the world’s largest oil producer, the US, as government data showed crude stockpiles rose modestly last week…
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Asia prices down on soft demand | The Express Tribune
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[ad_1] LONDON: Asian spot liquefied natural gas (LNG) prices were down this week on softer Spring demand but further downside is limited as Asian buyers are expected to start to return to the market. The average LNG price for June delivery into north-east Asia was estimated at $25.40 per metric million British thermal units (mmbtu),…
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Oil prices up as traders weigh demand and supply issues
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[ad_1] — AFP/file HONG KONG: Oil began inching upward on Thursday after a day of losses over demand concerns linked to the COVID-19 lockdown in China. Ongoing restrictions in the country, including in the economic hub of Shanghai where tens of millions are confined to their homes, have hit transport networks but traders are balancing…
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Sri Lanka fuel prices up ahead of IMF talks | The Express Tribune
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[ad_1] COLOMBO: A key fuel retailer in Sri Lanka raised prices by up to 35% on Monday as the cash-strapped government was set to open crucial bailout talks with the International Monetary Fund. Sri Lanka is in the grip of its worst economic crisis since independence from Britain in 1948. It has led to shortages…
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Govt jacks up power tariff by Rs4.8, maintains fuel prices | The Express Tribune
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[ad_1] ISLAMABAD: Prime Minister Shehbaz Sharif on Friday turned down proposed increase in fuel prices up to Rs51 per litre effective from April 16, 2022. Oil and Gas Regulatory Authority (Ogra) had proposed increase in price of diesel by Rs51.32 per litre (35.7%), petrol Rs21.30 per litre (14.2%), kerosene oil Rs36.03 per litre (28.7%) and…
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PM Shehbaz turns down proposed increase in fuel prices | The Express Tribune
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[ad_1] ISLAMABAD: Prime Minister Shehbaz Sharif on Friday turned down proposed increase in fuel prices up to Rs51 per litre effective from April 16, 2022. Oil and Gas Regulatory Authority (Ogra) had proposed increase in price of diesel by Rs51.32 per litre (35.7%), petrol Rs21.30 per litre (14.2%), kerosene oil Rs36.03 per litre (28.7%) and…
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Oil prices fall as market weighs mixed supply signals | The Express Tribune
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[ad_1] LONDON: Oil prices slipped on Thursday in thin trade ahead of a public holiday, as traders weighed a larger-than-expected build in US oil stocks against tightening global supply. Brent futures were down $0.86, or 0.8%, at $107.92 a barrel, while US West Texas Intermediate futures were off $1.1 or 1.1%, at $103.15 a barrel…
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Oil prices extend gains | The Express Tribune
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[ad_1] LONDON/NEW YORK: Oil prices extended gains on Wednesday after Moscow said peace talks with Ukraine had reached a dead end, feeding worries about tight supplies even after US crude stocks rose by more than 9 million barrels. Brent crude was up $1.94, or 1.9%, to $106.58 a barrel by 11:03 AM (1508 GMT) US…
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Steel prices rise for second time in April | The Express Tribune
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[ad_1] KARACHI: Manufacturers in the domestic steel industry have increased the prices of steel sheets for the second time in the ongoing month of April in the wake of rupee depreciation and passed on the price pressure to the downstream industry such as automobile and home appliance segment. Flat steel industry players have hiked the…
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Food prices hit record high in March | The Express Tribune
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[ad_1] PARIS: World food prices jumped nearly 13% in March to a new record high as the war in Ukraine caused turmoil in markets for staple grains and edible oils, the UN food agency said on Friday. The Food and Agriculture Organisation’s (FAO) food price index, which tracks the most globally traded food commodities, averaged…
