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Pakistan, US Advance Talks on Reciprocal Trade Framework Agreement
WASHINGTON: (Finance Reporter) - Pakistan and the United States have reported substantial progress in negotiations on a proposed reciprocal trade framework, reaffirming their shared commitment to finalizing the agreement at…
IESCO Recovers Rs7 Billion, Intensifies Power Theft Crackdown
Islamabad: (Finance Reporter) - Islamabad Electric Supply Company (IESCO) has intensified its crackdown against electricity theft and defaulters across its operational areas, following the directives of the federal…
OGDC Canada Oil Deal Brings Advanced Flow Assurance Tech to Heavy Oil Wells
Islamabad - (Choudhry Muddaser) - The OGDC Canada oil deal has officially been signed, marking a fresh step toward improving Pakistan's energy output. Oil and Gas Development Company Limited (OGDC) has teamed up with Canada's Synergetic Oil…
PSX Surges as US-Iran Talks Boost Market Confidence
Karachi: (Finance Reporter) - The Pakistan Stock Exchange (PSX) started the new trading week with strong gains after US President Donald Trump announced renewed negotiations with Iran, improving investor confidence and…
Oil Prices Drop as US-Iran Talks Ease Supply Concerns
ISLAMABAD: (News Desk) - Oil prices declined in early Asian trading on Monday after signals of renewed diplomatic engagement between the United States and Iran eased concerns over potential disruptions to…
OPEC+ Set to Increase Oil Output in September
Riyadh: (News Desk) - Saudi Arabia, Russia, and five other OPEC+ members are expected to raise their oil production quotas for September as the group continues adjusting output levels amid global energy market disruptions.
Analysts expect…
Pakistan LNG Prices Hit Historic High Amid Tensions
ISLAMABAD: (Finance Desk) - Pakistan’s LNG prices have climbed to an unprecedented level, with the Oil and Gas Regulatory Authority (OGRA) announcing a significant increase in the July sale price. According to the latest…
Pakistan Moves Towards Phased Deregulation of Petroleum Sector
Islamabad (Finance Reporter): The government has moved closer towards phased deregulation of the petroleum sector as the committee formed by the Prime Minister to review the petroleum pricing mechanism held its fifth meeting…
Gold Prices Rise Rs1,000 Per Tola in Pakistan
Karachi: (News Desk) - Gold prices moved higher in Pakistan on Thursday, with the price of 24-karat gold per tola increasing by Rs1,000 to Rs427,436, according to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA).
The price…