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325 million barrels of oil from strategic reserves released: IEA
PARIS: The International Energy Agency said Saturday that member countries had so far released 325 million barrels of oil and oil-derivative products from strategic reserves, from 400 million…
Business Recorder
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 RecorderGold price per tola gains Rs2,000 in Pakistan
Gold prices in Pakistan increased on Friday in line with their gain in the international market. In the local market, gold price per tola reached Rs440,636 after a gain of Rs2,000 during the day.
Business Recorder
Trump pushes South Korea on Alaska LNG deal: Why Seoul is hesitant
South Korea is adopting a conservative approach to the long-planned Alaska liquefied natural gas project despite Donald Trump…
The NewsCopper crawls higher on softer dollar, but investors wary about demand
LONDON: Copper prices edged higher on Friday, supported by a weaker dollar and supply issues, but gains were modest due to worries about high oil prices hitting demand.
Business RecorderCopper up on supply woes but dollar drives worst week since April
SINGAPORE: Copper recovered from some of the previous days’ losses on Friday , supported by supply concerns, but earlier declines still set it up to notch its worst weekly fall since April.
Business RecorderHong Kong stocks fall as surging bond yields, higher oil prices weigh
HONG KONG: Hong Kong stocks dropped on the first trading day of October, as the 10-year US Treasury yield hitting a more-than-two-decade high and rising oil prices dampened investor appetite for…
Business Recorder
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