Aerial view taken on May 20, 2024 shows the Olmeca oil refinery belonging to the company Petroleos Mexicanos (PEMEX), which along with six others is part of the National Refining […]
Government discussed oil market volatility with OPEC chief, government says | India News – Times of India
NEW DELHI: Centre discussed the recent trends and volatility in the global oil market and their impact on global energy stability with OPEC secretary general on Friday. During the telephone […]
Crude trades flat over hopes of no spillover – Times of India
Oil shrugged off Iran’s unprecedented attack on Israel, with gains held in check by speculation that the conflict would remain contained as leading powers including the US urged restraint.Global crude […]
Oil steady as OPEC retains demand forecasts | The Express Tribune
LONDON: Oil prices were little changed on Tuesday as OPEC stuck by its forecast for demand growth this year and next, amid persistent tensions in the Middle East and beyond. […]
$3.2b received in financial assistance in July-Jan period | The Express Tribune
ISLAMABAD: Pakistan received $2.408 billion from multilateral creditors and another 794.6 million from bilateral creditors during the first seven months of the current fiscal year, according to the statistics released […]
How OPEC+ saw its hold on global oil markets fray despite extra production cuts – Times of India
The OPEC+ coalition’s grip on global oil markets is looking less secure by the day.Crude traders have shrugged off the Nov. 30 pledge from Saudi Arabia and its allies to […]
Climate campaigners slam OPEC bid to thwart oil phase-out – Times of India
DUBAI: OPEC caught flak Saturday from activists and a coalition of countries seeking ambitious climate action, after the oil cartel urged its members to thwart any deal targeting fossil fuels […]
Global equities head towards big gains | The Express Tribune
NEW YORK: Major Wall Street indexes notched weekly gains on Friday, as global equities drifted toward their biggest one-month rally since November 2020 during a shortened, muted trading session following […]
PSX undeterred, reaches peak above 59k | The Express Tribune
KARACHI: Pakistan Stock Exchange (PSX) maintained its upward march and broke records in the outgoing week when it climbed over 2,000 points as investors cheered reports of encouraging economic and […]
Amid high oil prices, India puts onus of global growth on OPEC – Times of India
NEW DELHI: India on Thursday put the onus of long-term prosperity of the world oil market on OPEC and called upon the grouping of exporting countries to maintain market stability […]