The prices of the factory portal in China decreased at the fastest pace in six months in April, while consumers decreased for a third month in a row, enhancing fears of weak domestic demand and high pressure on additional economic stimulation. The data issued by the National Bureau of Statistics showed that the PPI price … Read more
Most of the stock markets were closed throughout the Gulf in red, as it retracted the low oil prices and the incompetence of the investor due to the possible transformations in the dynamics of American -Chinese trade. Brent crude prices fell more than 1 % after the weekend from OPEC+ to accelerate the increase in … Read more
The federal government announced on Wednesday a reduction of 2 rupees per liter in high -speed gasoline and diesel prices, after reviewing routine prices every two weeks. This step comes in response to modern fluctuations in the international oil markets and aims to provide modest comfort to consumers who are struggling with inflation. An official … Read more
The prices of petroleum products are expected to remain significantly within two weeks starting from May 1, 2025, with only minor adjustments to gasoline and high -speed diesel prices. Official estimates indicate that gasoline may decrease by the R0.016 per liter, while high -speed diesel may increase by the R01.01 per liter. However, these small … Read more
The Oil and Gas Regulatory Authority (OGRA) has announced its revised -for -formal natural gas prices (RLNG) in April 2025, as of April 1. According to a notice issued by OGRA, the RLNG prices of sui nortern Gas Pipeines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL) in both the transmission and distribution sectors. … Read more
April 11: Brent and West Texas Intermediate crude ascended more than one dollar on Friday after US Energy Minister Chris Wright said that the United States could end Iranian oil exports as part of an effort to make the Islamic Republic to document its nuclear program. Brent Vustt futures settled at $ 64.76 a barrel, … Read more
Oil prices fell to their lowest levels for four years on Wednesday after China announced an additional tariff for American goods in retaliation for President Donald Trump’s policies. China has revealed that it will impose a 84 % tariff on American goods, up from the previously announced 34 %, which greatly affected market morale. By … Read more
Oil prices extended losses on Monday, as more than 2 % decreased, as the commercial tensions between the United States and China have stunned fears of the recession that could reduce raw demand. Brent and WTI standards have decreased to their lowest levels since April 2021. Brent futures decreased by $ 1.61, or 2.5 %, … Read more
Crescent Star Insurance Limited (PSX: CSIL) strongly denied allegations of price manipulation and illegal market practices against it by Tristar Private Limited. In a statement issued on Friday, CSIL rejected the Teristar claims that it was unfounded, following the Teristar message sent to the Director General of the Pakistani Stock Exchange (PSX), which raised concerns … Read more
Oil prices fell sharply on Thursday after Opec+ announced its plans to accelerate the increase in production from May. The decision added to the losses caused by the new tariff policy of US President Donald Trump, which raised concerns about global economic growth and fuel demand. Brent crude decreased $ 4.51, or 6.02 %, to … Read more