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Oil Prices Out of Control Again
Global oil prices rose on Wednesday, with Brent crude climbing to $106.37 per barrel and West Texas Intermediate (WTI) reaching
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Pakistan and world business news from seven outlets, one story per event. Updated just now.
194 stories matching “ON” in Oil & gas · Clear
US-Russia deal on diesel is ‘very risky choice,’ Italy PM Meloni says
ROME: The deal between the United States and Russia over diesel supply is a “very risky choice” that runs counter to efforts to force Vladimir Putin to sit at a negotiating table with Ukraine…
Business Recorder
Pakistan Wants New $7 Billion Saudi Oil Deal
Pakistan has asked Saudi Arabia to consider a 15-year oil financing facility worth $6.7 billion as the government seeks to
ProPakistaniIndian bonds slip on higher oil, hawkish RBI governor comments
MUMBAI: Indian government bonds fell in early trading on Wednesday as a fresh spike in oil prices and hawkish commentary from the central bank chief pushed traders to trim positions further.
Business Recorder
Trump says 'massive' oil, gas and mineral exploration to begin in Greenland
US President Donald Trump said on Wednesday that “massive” oil, gas and mineral exploration is getting ready to begin in Greenland.
Business Recorder
Pakistan gets first LNG shipment of October amid gas supply concerns
A liquefied natural gas tanker is tugged towards a thermal power station in Futtsu, east of Tokyo, Japan.
Geo NewsIran shifting tactics to step up attacks on shipping before US vote, officials say
DUBAI/LONDON/WASHINGTON: Iran is deploying new tactics to target ships sailing through the Strait of Hormuz as it seeks to keep oil prices high and influence the US midterm elections, two senior…
Business RecorderSaudi coalition strikes Yemen oil sites after Houthi attacks
SANAA: The Saudi-led coalition battling the Houthis struck oil sites across western Yemen on Tuesday including in the capital Sanaa, in response to the deadliest attack on the kingdom’s soil in…
Business RecorderSaudi-led coalition orders evacuation of Yemen oil facility in Sanaa ahead of operation
A Saudi-led coalition urged civilians on Tuesday to evacuate the Yemen Oil Company’s Sabah central station in the capital Sanaa ahead of a planned military operation.
Business RecorderEuropean stocks hit one-week high on easing oil, yields; LVMH drags luxury stocks
European shares rose to a one-week high on Tuesday as lower oil prices and falling bond yields lifted appetite, although disappointing results from luxury bellwether LVMH pressured the sector.
Business Recorder
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