Iran on Wednesday warned that global oil prices could surge to $200 per barrel as it shifts in its military… Read More
Huge Fuel Crisis Averted As Pakistan Secures 30-Day Oil Supply
Pakistan has managed to avert a potential fuel shortage crisis after multiple oil tankers began arriving at its ports this… Read More
Epic Failure: Oil Prices Crash After US President Hints At Leaving Middle East War
International oil prices have crashed today after President Trump hinted at “conditional de-escalation” from its untidy war effort against Iran.… Read More
Petrol Shortage Concerns Ease as Oil Tankers Arrive in Pakistan
Fears of a petrol shortage in Pakistan have eased as oil tankers carrying crude and petroleum products begin arriving at… Read More
Oil Industry Asks for Import Relief as Ship Insurance Becomes Costly
Pakistan’s oil industry has asked the State Bank of Pakistan to temporarily allow petroleum imports on a cost, insurance and… 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
ZTBL Cuts Fuel Consumption of Its Staff by 25%
The Zarai Taraqiati Bank Limited (ZTBL) on Monday announced a 25 percent reduction in fuel consumption, measured in litres, with… 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
Current Energy Crisis Could Be Pakistan’s Chance to Revive Local Industry: Report
A sharp surge in global oil prices may push Pakistan to increase domestic oil and gas production as supply disruptions… 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
Pakistan Faces Power Crisis as Middle East Tensions Push Energy Prices Higher
Global energy supply chains are under pressure after US and Israeli strikes on Iran, sending shockwaves through countries that rely… Read More
