prices
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Steel rebar prices raised up to Rs5,000 per ton | The Express Tribune
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[ad_1] KARACHI: The long steel manufacturing industry has increased rebar prices up to Rs5,000 per ton with effect from Tuesday, a development that is likely to slow the pace of construction activities which are already under stress due to high inflation. Citing industry data, Topline Securities’ Senior Research Analyst Fahad Hussain Khan told The Express…
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World Bank sees oil prices hitting $157 if Israel-Hamas war spills over
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[ad_1] A Palestinian man uses a fire extinguisher to douse a fire following an Israeli strike, in Khan Yunis in the southern Gaza Strip on October 14, 2023. — AFP If the war between Israel and Hamas spreads throughout the Middle East, it may cause price shocks for basic goods like oil and agricultural products,…
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PM calls for accelerating steps to pass benefits of reduced POL prices to people
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[ad_1] Caretaker Prime Minister Anwaar-ul-Haq Kakar chairs a briefing on the decline in prices of essential items as a result of a reduction in prices of petroleum products in Islamabad on October 23, 2023. — PID ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Monday instructed authorities concerned to speed up steps for trickling down the…
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Israel-Hamas war: Oil prices rise, global stocks fall as humanitarian crisis worsens in Gaza
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[ad_1] A Palestinian youth looks for salvageable items amid the rubble of the Kuhail building, which was destroyed in an early morning Israeli airstrike on Gaza City on Tuesday. — AFP Oil prices rose and global stocks largely fell on Wednesday, in response to concerns that the Israel-Hamas dispute could escalate into regional warfare following…
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Israel-Hamas war: Stock markets slide, oil prices surge as humanitarian crisis worsens in Gaza
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[ad_1] Fire and smoke rise after an Israeli air strike targeted the National Bank on Gaza City, on October 8, 2023. — AFP Stock markets declined on Friday, as oil prices rose amid concerns that the Israel-Hamas conflict would affect supplies in the Middle East’s crude-oil-rich region with European gas prices reaching the highest levels…
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Israel-Hamas war: Will oil prices keep increasing as attacks on Gaza continue?
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[ad_1] A fireball erupts from an Israeli airstrike in Gaza City on October 9, 2023. — AFP After violence broke out between Israel and Hamas, speculations over how the crisis may affect Middle Eastern energy production caused oil prices to soar on a global scale. On Monday, the US standard West Texas Intermediate increased 4.3%…
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Oil prices hike amid Israel-Hamas war, fueling supply fears
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[ad_1] A plume of smoke rises above buildings in Gaza City on October 7, 2023, during an Israeli air strike. — AFP After Hamas carried out a surprise strike on Israel over the weekend, raising fresh concerns about tensions in the Middle East, oil prices rose while the US dollar and yen advanced on Monday.…
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Report projects up to Rs41 cut in oil prices | The Express Tribune
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[ad_1] KARACHI: The government is expected to make a massive reduction of up to Rs41 per litre in petroleum product prices for the second fortnight of October as a sharp drop in the global oil market and a significant recovery of Pakistani rupee have made imports cheaper. The projection, if comes true, will slow down…
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Fuel prices may undergo major dip from 16th | The Express Tribune
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[ad_1] ISLAMABAD: The prices of petrol and high-speed diesel (HSD) are expected to further decline significantly in Pakistan from October 16 after the reduction in the rates of petroleum products in the international market. The global oil prices were on track on Friday to post their steepest losses in a week since March, after another…
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Pakistan inflation spikes to 31.4% amid high fuel, enery prices
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[ad_1] A person counts Rs100 notes in this undated image. — AFP/File Inflation rose to 31.4% year-on-year in September from 27.4% in August, data from the Pakistan Bureau of Statistics (PBS) showed Monday, as the nation faces high fuel and power rates. The South Asian nation faces an uphill task when it comes to economic…
