oil prices

News Desk WASHINGTON: United States President Donald Trump has signaled a swift conclusion to ongoing tensions involving Iran, asserting that global oil prices will plummet dramatically once the conflict reaches its resolution. In a…

News Desk LONDON: International markets witnessed a notable downward revision in petroleum product prices on Tuesday, bringing much-needed relief to consumers and industries grappling with persistent inflationary pressures worldwide. The…

News DeskIslamabad: The government has increased the prices of petrol and high-speed diesel under the daily pricing mechanism, citing higher international oil prices and continued uncertainty in global markets.According to a…

News DeskLondon.Oil prices fell for a third consecutive session on Thursday as signs of progress in indirect talks between the United States and Iran eased concerns over disruptions to oil supplies through the strategic Strait of…

News DeskIslamabad: In a relief for consumers ahead of Eid, Pakistan’s government announced this week’s proposed increases in fuel prices have been suspended. Attaullah Tarar stated that the planned hike of Rs 150 per litre for…

News Desk Islamabad: The federal government has sharply increased the prices of petrol and high-speed diesel by Rs55 per litre, citing a steep rise in global oil prices driven by the ongoing US-Israel war with Iran and…

QNA/APPSingapore: Oil prices fell on Friday for the first time in six sessions as markets considered potential US government intervention to curb rising prices and efforts to ease global supply pressures.Brent crude dropped $1.14,…

AFP/APPHong Kong: Oil prices fell sharply on Monday as easing tensions between the United States and Iran reduced risk premiums, while precious metals faced renewed pressure from a strengthening dollar following last week’s steep…

AFP/APPLondon: Oil prices tumbled further Wednesday after US President Donald Trump announced that Venezuela would hand over millions of barrels of crude to the United States, adding volatility to markets already rattled by geopolitical…

AFP/APPNew York: Oil prices scored fresh five-month peaks Wednesday on unrest in the crude-rich Middle East and an OPEC+ call for its members to maintain its strategy of reducing output.Eurozone stocks advanced as a drop in…