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Crude oil prices hit near two-week high as Saudi attacks threaten supply recovery
Specialists work at a drilling rig at the Airankol oil field operated by Caspiy Neft in the Atyrau region, Kazakhstan, April 20, 2026.
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Pakistan and world business news from seven outlets, one story per event. Updated just now.
370 stories matching “U” in Oil & gas · Clear
Oil & gasUpdatedGovt cuts petrol price by Rs2.93, raises diesel by Re0.61 per litre
The government on Monday reduced the price of petrol by Rs2.93 to Rs395.37 per litre, while increasing the price of high-speed diesel (HSD) by Re0.61 to Rs396.85 per litre, effective from Tuesday…
Business Recorder
Europe's STOXX 600 ends higher as bank stocks cushion oil price hit
Europe’s equity benchmark rose on Monday, kicking off a busy week on a strong note as a surge in bank shares helped absorb the hit from higher oil prices.
Business RecorderFTSE 100 ends higher as financial, medical stocks offset crude price hit
Britain’s FTSE 100 edged higher on Monday, buoyed by financials and medical equipment stocks as investors looked ahead to crucial US inflation data and UK GDP readings due this week for fresh…
Business RecorderTrump defends Russia diesel deal as lawmakers from both parties complain
WASHINGTON: President Donald Trump on Monday defended a diesel oil deal he made with Russia as lawmakers from both parties complained the agreement appears to violate US law barring imports of…
Business Recorder
Petrol Up By Nearly Rs. 150 Per Litre in 2026
Petrol prices in Pakistan have increased by Rs. 145.13 per litre since the start of 2026, while high-speed diesel has
ProPakistaniOil prices rise as attacks on Saudi Arabia overshadow Trump's Russian supply announcements
LONDON: Oil prices rose to near two-week highs on Monday as attacks on Saudi Arabia overshadowed possible further supplies to the market after US President Donald Trump hailed fresh Russian diesel…
Business Recorder
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