Brent Crude

Global Oil Market - (Web Desk) - Following the U.S.-Iran ceasefire announcement, oil prices experienced their biggest one-day drop in over five years. Crude fell sharply, with prices dropping 16% to below $100 per barrel. West Texas…

Strait of Hormuz  - (Web Desk) - Oil prices stayed around $100 on Friday as most stock markets fell. The drop came after Iran’s new leader warned about blocking the Strait of Hormuz and opening new fronts against the US and Israel. The…

International Energy Agency - (Web Desk) - Oil prices moved lower on Wednesday after a report said the International Energy Agency may release a large amount of oil from its reserves. The move is being considered to help control rising…

Oil prices fell sharply on Thursday after US President Donald Trump’s remarks eased concerns about growing unrest in Iran. Investors reacted after Trump suggested that violence against protesters in the country had stopped, calming fears of…

Mudassar Chudhry - Government and industry estimates suggest petrol prices may fall by Rs4.59 per litre, while high-speed diesel could become cheaper by Rs2.70. Kerosene prices are expected to drop by Rs1.82 per litre, and light diesel oil…