Pakistani stocks staged a big rebound today with the KSE-100 index gaining nearly 10,000 points after equities recovered from Monday’s… Read More
Oil Prices Reverse $32 in Just Hours As War Fears Suddenly Fade
Global oil prices staged a dramatic reversal to end Monday, erasing earlier gains of around 30 percent and turning negative… Read More
Govt Cuts Salaries, Foreign Trips, Fuel Allowances for Officials to Save Money
The federal government has approved a nationwide austerity policy introducing salary cuts, spending reductions and restrictions on official travel and… Read More
Iran Forces Western Economies to ‘Buy Time’ As Oil Prices Stay Out of Control
Global energy markets are facing mounting pressure as the G7 countries consider tapping their strategic oil reserves to counter skyrocketing… Read More
Govt Closely Monitoring Recent Increase in Global Oil Prices to Keep Fuel Supply Safe
The Government of Pakistan is closely monitoring the recent surge in global oil prices to ensure the uninterrupted availability of… Read More
Gold Loses More Value in Pakistan As Global Rates Resume Fall
Gold prices in Pakistan fell again on Monday, in line with losses in the international market as seen last week.… Read More
SBP Keeps Key Interest Rate Unchanged Despite Regional Tensions
The State Bank of Pakistan (SBP) announced on Monday that the Monetary Policy Committee has kept the interest rate unchanged… Read More
Ex-Finance Minister Alleges Oil Firms Made Big Profits from Recent Fuel Price Hike
Former finance minister Miftah Ismail has criticized last week’s Rs. 55 per litre increase in petroleum product prices, saying the… Read More
Govt Announces Shocking Increase in Petrol Prices
The federal government during the late hours of Friday increased the price of high-speed diesel (HSD) by Rs. 55 per… Read More
Global Oil Prices Officially Above $90 Per Barrel for the First Time in Two Years
Brent crude oil prices surge above $90/barrel for the first time in 2 years after President Trump earlier today claimed”there… Read More
War in Middle East Sends US-Asia Oil Shipping Costs to $29 Million Per Tanker
The cost of shipping crude oil from the United States to Asia has surged to record levels as the war… Read More
Qatar Issues Final Warning for Oil Rates to Hit $150 Per Barrel if War Expands
Qatar has warned that all Gulf energy producers may soon halt exports which could potentially drive oil prices to $150… Read More
