The Most Up-to-Date oil prices News

Pakistan is giving PKR 125B subsidy on fuel. How long can it go?
Pakistan Business

Pakistan is giving PKR 125B subsidy on fuel. How long can it go?

After increasing petrol and diesel prices by PKR 55 on March 6, the government has not increased the prices for three weeks despite higher global rates

Pakistan keeps fuel rate unchanged despite lower global oil prices
Business

Pakistan keeps fuel rate unchanged despite lower global oil prices

Analysts were expecting a rate cut of around PKR 6 due to lower crude oil prices

JPMorgan says oil prices could fall to $30 a barrel in 2027
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JPMorgan says oil prices could fall to $30 a barrel in 2027

Global brokerage firm estimates oversupply could bring the price down from current level of around $62

Oil prices stabilize on Ukraine deal hopes after last week’s slump
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Oil prices stabilize on Ukraine deal hopes after last week’s slump

Brent crude futures and WTI edged up slightly on Monday

Pakistan’s refinery margins spike on diesel shortage
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Pakistan’s refinery margins spike on diesel shortage

Difference between diesel and crude prices reaches two-year high of $29.5 per barrel

Oil rises 5% on fresh US sanctions against Russia
Partner

Oil rises 5% on fresh US sanctions against Russia

The sanctions mean refineries in China and India will need to seek alternative suppliers

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