#Oil Prices

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…

Qatar - (Web Desk) - Tension in the Gulf is rising fast, and energy markets are feeling the pressure. Saad al‑Kaabi, Qatar’s energy minister, warned that the growing conflict with Iran could force Gulf countries to stop oil exports within a…

The State Bank of Pakistan (SBP) is likely to keep its key policy rate unchanged at its upcoming Monday review, according to a Reuters poll. Analysts say rising global energy prices and regional tensions are making it difficult for the…

Pakistan Stock Exchange - (Web Desk) - The Pakistan Stock Exchange (PSX) staged a strong comeback on Tuesday, climbing more than 2,000 points after suffering a massive correction a day earlier. The previous session had wiped out over 16,000…

Saudi Aramco closed its key Ras Tanura facility, which processes 550,000 barrels per day and exports up to 6.5 million barrels daily—nearly 7% of global supply—after intercepting two Iranian drones whose debris caused a contained fire with…

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…

ISLAMABAD (Web Desk) - Oil prices climbed for the second consecutive day as market participants grew increasingly worried about potential interruptions to oil production and exports from Iran and Venezuela. Brent crude futures advanced by…

Venezuela - Oil prices slipped on Monday after US forces detained Venezuelan President Nicolas Maduro, rattling global energy markets. Analysts said the potential return of Venezuelan crude could worsen existing oversupply, adding fresh…