energy sector

News Desk ISLAMABAD: Oil prices have fallen by more than 1% in global markets as the ongoing conflict in Iran continues to create uncertainty in the energy sector. This decline comes as traders react to the latest developments in the…

News Desk ISLAMABAD: Federal Minister for Planning, Development, and Special Initiatives, Ahmad Iqbal, has stated that no one can predict the pace at which oil prices will rise in the next two months. This uncertainty comes amid ongoing…

ISLAMABAD: The Government of Pakistan has announced a significant increase in the prices of petrol and diesel, effective immediately, as part of its ongoing efforts to address the country's economic challenges.The price of petrol has risen…

KARACHI: In a welcome development for consumers, the price of liquefied petroleum gas (LPG) has decreased from 550 PKR to 500 PKR per kilogram. This reduction comes as part of a broader trend of declining LPG prices in Karachi, with…

News Desk SINGAPORE: Global oil prices have surged to their highest levels in six months, driven by ongoing market volatility and increased demand. The price of Brent crude oil has reached unprecedented heights, reflecting significant…

News Desk ISLAMABAD: The privatization process of the Islamabad Electric Supply Company (IESCO) has entered a crucial phase, as the Privatization Commission Board convened under the chairmanship of Mohammad Ali, advisor to the Prime…

News Desk ISLAMABAD: The government has announced that the supply of liquefied petroleum gas (LPG) from Iran will begin on October 23, marking a significant development in the country's energy sector. Officials from the Ministry of Energy…

News Desk ISLAMABAD: Global oil prices are witnessing a significant increase due to rising supply concerns in the Middle East, as geopolitical tensions escalate. Analysts report that the price of crude oil has surged by over 5% in the past…

News Desk LONDON: Oil prices have seen a significant decline in global markets, despite escalating tensions in the Middle East that typically drive prices higher. Analysts report that the price of crude oil has dropped by approximately 5%…

News Desk ISLAMABAD: The Government of Pakistan has announced a reduction in petrol and diesel prices, effective immediately, in a bid to alleviate the financial burden on citizens amid rising inflation rates. The new prices will see petrol…