Tag: Commodity

Karachi October 2 2022: Not increasing Petroleum Development Levy (PDL) this month without IMF approval is reckless, but what PTI ...

OPEC+ Will Consider Output Cut of More Than 1 Million Barrels

Vienna October 2 2022: The OPEC+ group of oil producers will consider cutting output by more than 1 million barrels ...

Saudi Arabia Is Seen Planning Budget Around Sub-$80 Oil for 2023

Riyad October 2 2022: Saudi Arabia is budgeting for Brent oil at around $76 a barrel next year, according to ...

Unity Foods to Set up Oil Terminal in a Year Without Deviating from Budget

Karachi October 2 2022: Unity Foods Limited (UNITY) is in the process of carrying out due diligence of site identified ...

A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai, India, May 21, 2018. REUTERS

India cuts windfall tax on crude oil output, diesel exports

New Delhi October 2 2022: The Indian government has cut a windfall tax on domestically produced crude oil to 8,000 ...

Pakistan Inflation Eases to 23.2% in September 2022

October 1, 2022

Islamabad October 1 2022: Pakistan inflation General, increased to 23.2% on year-on-year basis in Sep 2022 as compared to an ...

Gold Price Increase Nearly Rs 2,000 a Tola in Pakistan

September 28, 2022

Karachi September 28 2022: According to Sindh Sarafa Jewelers Association, the price of gold per tola increased by a significant ...

An oil pump of IPC Petroleum France is seen at sunset outside Soudron, near Reims, France, August 24, 2022. REUTERS/Pascal Rossignol

Oil prices rise on surprise drop in U.S. crude

September 28, 2022

New York September 28 2022: Oil prices rose on Wednesday following unexpected drawdowns in U.S. crude and fuel stocks, outweighing ...

Oil prices slide, hit 9-month lows as dollar strengthens

September 26, 2022