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Pakistan and world business news from seven outlets, one story per event. Updated 1m ago.
371 stories matching “U” in Oil & gas · Clear
PSX: selling at bourse, KSE-100 down over 800 points
Selling was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index shedding over 800 points during the opening minutes of trading on Monday.
Business RecorderIndian rupee set for mild relief from dip in oil, fading Fed October hike bets
MUMBAI: The Indian rupee is expected to see some respite on Monday , with softer oil prices and further paring of bets on an October Federal Reserve rate hike easing pressure on the currency.
Business RecorderIndian shares poised to rebound as Fed-hike fears, oil prices ease
Indian shares were set to open higher on Monday after posting their longest weekly losing streak in 25 years, supported by easing concerns over aggressive US monetary tightening and a pullback in…
Business RecorderMiddle East crude oil exports exceed pre-war levels but tanker attacks increase
SINGAPORE: Crude oil exports from the Middle East rose above pre-war levels in four of the seven days of the final week of September, shipping data showed on Monday, despite attacks on vessels…
Business Recorder
Govt says fully focussed on energy supplies
LAHORE: Federal Minister for Petroleum Ali Pervez Malik on Sunday said that a summary had also been submitted to the federal cabinet to facilitate the import of LPG from abroad so that consumers…
Business RecorderIranian minister quits, replaced by oil executive
TEHRAN: Iran’s oil minister Mohsen Paknejad has resigned and been replaced by the country’s top oil executive, the president’s office said in a statement on Sunday, amid a blockade on Tehran’s oil…
Business Recorder
Petrol Relief Unaffordable: Petroleum Minister
Federal Petroleum Minister Ali Pervez Malik on Sunday said the federal government cannot continue providing unconditional subsidies on expensive petrol
ProPakistani
G7 countries agree on release of diesel and oil stocks after US pressure
French President Emmanuel Macron speaks following a video conference with G7 leaders from the Elysee Presidential Palace in Paris on October 2, 2026.
Geo NewsOil prices drop as Europe agrees to release diesel reserves
HOUSTON: Oil prices fell $2 after European leaders agreed on Friday to a request by US President Donald Trump to release diesel from their reserves to lower prices and reduce the need to import fuel…
Business Recorder
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