Aaj News

Business & Economy

Crude oil prices may remain low in early 2024, say analysts

Rates stayed low in November, December due to weaker global economy

Published 03 Jan, 2024 12:16am

Business & Economy

Oil prices jump after US forces repel Houthis in Red Sea

Brent crude rose $1.28, or 1.7%, to $78.32 a barrel by 0438 GMT

Published 02 Jan, 2024 04:16pm

Business & Economy

Explained: Secretive mechanism behind Pakistan’s petrol prices

Govt follows a pricing formula to determine rates

Published 31 Dec, 2023 09:42am

Business & Economy

Oil prices shed 10% in 2023 as supply, demand concerns weigh

Europe-bound diesel, jet fuel cargoes divert from Red Sea

Updated 30 Dec, 2023 08:52am

Business & Economy

Oil prices stabilise as Red Sea transport disruptions ease

Some major shippers return to Red Sea routes

Updated 28 Dec, 2023 01:12pm

World

Russia says redirected most oil exports to China, India

Moscow was hit by Western sanctions over the Ukraine conflict

Published 27 Dec, 2023 11:14pm

Pakistan

Transport fares to go down by 10% in Punjab

Interim setup says impact of fuel price cut should reach masses

Published 18 Dec, 2023 10:48am

Business & Economy

Oil prices on track for first weekly rise in two months

World oil consumption will rise by 1.1 million barrels per day in 2024

Published 15 Dec, 2023 08:41am

Business & Economy

Govt keeps petrol price unchanged, slashes HSD by Rs7

Rates of Kerosene oil, light diesel oil were cut by Rs3.82 and Rs4.52 respectively

Published 30 Nov, 2023 11:19pm

Business & Economy

Oil rises, Brent tops $80 ahead of OPEC+ meeting

OPEC+ meets on Thursday to set policy

Published 28 Nov, 2023 05:47pm

Business & Economy

Oil prices on track for fourth straight week of declines

"Oil prices are down slightly this year despite demand exceeding our optimistic expectations," Goldman Sachs analysts said in a note.

Published 17 Nov, 2023 11:46am

Business & Economy

Oil little changed as economic concerns offset Middle East supply worries

Countries are pushing for a pause or ceasefire in fighting between Israel and Hamas

Published 25 Oct, 2023 10:14am

Business & Economy

Pakistan signs long-term agreement for Russian oil

The frist commercial cargo is expected to arrive in December

Published 19 Oct, 2023 01:13pm

Business & Economy

Oil falls further on US stock build, easing supply concerns

U.S. crude oil stockpiles swelled by about 12.9 million barrels

Published 12 Oct, 2023 10:25am

Business & Economy

Oil dips on investor caution as market eyes Middle East turmoil

Oil prices eased on Tuesday after rallying more than 4% in the previous session

Published 10 Oct, 2023 09:34am

Business & Economy

Oil prices jump as Israel-Hamas tension rise

Kremlin warns there is a ‘high risk’ of a third party entering the war

Updated 09 Oct, 2023 06:34pm

Business & Economy

Petrol price likely to go down by up to Rs22: sources

International price of oil and dollar rate have been falling in recent weeks

Updated 05 Oct, 2023 05:18pm

Business & Economy

Caretaker govt slashes petrol price by Rs8, diesel by Rs11

Decision taken in wake of variations in international prices of petroleum products and improvement in exchange

Updated 01 Oct, 2023 12:23am

Business & Economy

OGRA says decision on petrol prices yet to be taken

Commerce minister had said there would be 'good news' soon

Published 25 Sep, 2023 02:54pm

Pakistan

IMF demands report on smuggled oil in Pakistan: sources

Fund says smuggling could increase revenue shortfall in the country

Published 19 Sep, 2023 02:19pm

Business & Economy

Soaring oil rate to fuel global inflation

Oil price rises towards $100 a barrel

Updated 17 Sep, 2023 09:24pm

Business & Economy

Oil prices wobble on jitters over China economy, US rates path

Brent crude futures were up 8 cents, or 0.1%, at $83.53 a barrel

Published 17 Aug, 2023 08:46am

Business & Economy

Petrol price jacked up by massive Rs17.50

Diesel price increased by Rs20

Updated 16 Aug, 2023 08:30am

Business & Economy

Pakistan likely to increase petrol price by up to Rs24

Decision will be taken in view of international prices

Updated 14 Aug, 2023 12:43pm

Business & Economy

Govt reduces petrol, diesel prices

Finance Minister Ishaq Dar says there was no change in PDL

Updated 15 Jul, 2023 11:16pm

Business & Economy

Petrol price unchanged, diesel to become expensive: Dar

Dar spologises for raising price of diesel

Published 30 Jun, 2023 11:28pm

Business & Economy

OPEC+ working against ‘uncertainities and sentiment’, says Saudi minister

Says new Opec+ deal would be rewarding for those who were investing to grow their production capacity

Published 11 Jun, 2023 05:36pm

Business & Economy

Govt reduces petrol prices by Rs8

Diesel price also decreased by by Rs5 Fuel Old Price New...

Published 31 May, 2023 11:15pm

Business & Economy

Oil rises after US leaders strike provisional debt deal

Brent crude futures climbed 66 cents, or 0.9%, to $77.61 a barrel

Published 29 May, 2023 09:28am

Business & Economy

Oil falls on conflicting OPEC+, Russia messages amid stronger dollar

Crude prices are weakening as king dollar returns, says senior market analyst

Published 26 May, 2023 08:42am