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Russia offers blended Crude Oil to Pakistan
KARACHI: Russia has made an offered to provide blended crude oil to Pakistan as the country's refining sector is not able to process crude oil of one specification.
The Russian side made an offer during a virtual meeting held between the…
SBP’s forex reserves fall by $294 million to $5.82 billion
KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) fell another $294 million to a highly critical level of $5.82 billion, data on Thursday showed. This is the lowest level of SBP-held reserves since April 2014.…
Twitter restores after Global outage hits thousands
WASHINGTON: Twitter Inc suffered a major outage on Wednesday, leaving tens of thousands of users globally unable to access the popular social media platform or use its key features for several hours before services appeared to come back…
Global Oil prices rise on easing China Covid curbs, concerns over…
Oil prices rose to three-week highs on Tuesday as China’s latest easing of Covid-19 restrictions raised fuel demand hopes and concerns that winter storms across the United States are affecting energy production continued to buoy prices.…
Pakistan, Uzbekistan sign MoUs for boosting Trade to $1 billion
ISLAMABAD: Pakistan and Uzbekistan on Monday finalized agreements to expand investment and increase bilateral trade to $1 billion as Commerce Minister Naveed Qamar and Uzbek Deputy Prime Minister Khodjave Jamshid Abdukhakimovich signed nine…
KSE-100 gains 692 points pushed by energy stocks
Shares at the Pakistan Stock Exchange (PSX) opened in the green on Monday, with the benchmark index rising shortly after trading began. The KSE-100 index gained 692.26 points, or 1.75 per cent, to reach 40,361.46 points at 10:45am.…
Russian Deputy PM hints at Natural Gas exports to Pakistan
MOSCOW: Russia can send its natural gas to the markets of Pakistan and Afghanistan, Russian Deputy Prime Minister Alexander Novak told State News Agency. Novak said that Russia can send gas either using the infrastructure of Central Asia…
Alter in Russian exports downs Oil prices
Oil prices rose on Friday on expectations of lower Russian crude exports from the Baltic region in December, offsetting worries that a looming Arctic storm across the United States could snuff out transport fuel demand growth this holiday…
Meta agrees to settle scandal case for $725 million
CALIFORNIA: Facebook owner Meta Platforms Inc has agreed to pay $725 million to resolve a class-action lawsuit accusing the social media giant of allowing third parties, including Cambridge Analytica, to access users’ personal information.…
Oil Prices climb as US stock market tightened amid winter
Oil prices climbed for a fourth straight day on Thursday with United States crude, heating oil and jet fuel stocks growing tighter just as a wintry blast hits the US and travel is set to soar for its holiday season.
Brent crude futures…