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Pakistan and world business news from seven outlets, one story per event. Updated 1m ago.
453 stories matching “S” in Oil & gas · Clear
Diesel deal opens way for more Russia-US cooperation, Kremlin envoy says
MOSCOW: A Russia-US deal on supplies of Russian diesel can pave the way for further economic cooperation between the two countries, Kremlin envoy Kirill Dmitriev said on Wednesday, adding that…
Business Recorder
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
ProPakistaniUS-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 RecorderProvinces to Receive Oil & Gas Profit
A Senate committee has given the federal government two weeks to propose a mechanism for sharing oil and gas profits
ProPakistaniPalm oil rises for third day, tracking crude oil and Dalian
JAKARTA: Malaysian palm oil futures rose for a third consecutive session on Wednesday, buoyed by stronger crude oil prices and gains in rival edible oils on the Dalian market.
Business RecorderChina's crude stocks slump despite slight rise in September import rate
BEIJING: China’s September crude oil imports dropped 21.5% from a year earlier, customs data showed, with higher refinery runs and delayed crude arrivals contributing to the biggest monthly draw in…
Business RecorderPakistan 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 RecorderOil prices climb as Iran deploys new tactics to target ships transiting Hormuz
TOKYO: Oil prices climbed on Wednesday after two vessels were struck in the Strait of Hormuz and Iranian officials told Reuters they were deploying new tactics to target ships, as Tehran seeks to…
Business Recorder
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