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Oil Jumps Back Above $105 Yet Again
Oil prices jumped around 5 percent on Thursday. Brent crude rose 4.81 percent from Wednesday’s close to $105.02 per barrel,
ProPakistani
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371 stories matching “P” in Oil & gas · Clear
30% New Cars in Pakistan Will Be Electric
Pakistan expects to achieve its electric vehicle (EV) adoption target ahead of schedule as rising oil prices make electric vehicles
ProPakistani
India's Sensex slumps to 32-month low on oil surge, foreign exodus
India’s benchmark Sensex slumped to its lowest in 32 months on Thursday as surging oil prices, rising global bond yields and a weaker rupee heightened inflation concerns, adding to pressure from the…
Business RecorderEuropean shares dip as banks hit over 3-month low, oil prices weigh
European shares fell on Thursday as banks slid to a more than three-month low, while a fresh bond selloff and elevated oil prices stoked fears that higher inflation could hurt economic growth.
Business RecorderPakistan expects early EV target amid oil price surge: report
Amid the growing popularity of electric vehicles (EVs), Pakistan expects to reach its EV adoption target ahead of schedule as consumers increasingly switch from petrol- or diesel-powered cars.
Business Recorder
Pakistan to receive Qatari LNG cargo within 3-5 days
A representational image of LNG cargo. — Reuters/FileExtended Qatar force majeure could worsen LNG supply in Pakistan.Country faces tighter gas availability if supplies remain disrupted.Winter…
Geo NewsPalm rises about 2% on India demand hopes, stronger crude, Dalian
KUALA LUMPUR: Malaysian palm oil futures rosenearly 2% on Thursday, after two consecutive losses, as expectations of increased Indian purchases, stronger crude oil prices, and firmer rival Dalian…
Business RecorderSoybeans, corn rebound on higher oil prices; US harvest caps upside
SINGAPORE: Chicago soybeans and corn firmed on Thursday, recouping some of the previous session’s losses as higher oil prices and positioning ahead of a monthly agricultural supply-demand report…
Business Recorder
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