Business
Business
Oil Prices Ease as Trump Cites Hormuz Ship Plan
Oil prices eased on Monday after US President Donald Trump said the United States would help ships leave the Strait…
OPEC+ oil Quotas Set for 188,000 bpd Increase
Seven OPEC+ members were set to decide Sunday on an expected 188,000 barrel-per-day increase in OPEC+ oil quotas. This would…
Pakistan Refineries Losses Hit Rs24bn in April
Pakistan refineries' losses reached about Rs24 billion in April 2026 as the sector faced pressure from a capped diesel pricing…
VAT Rroad Fuel Scale Charges Rise for UK Drivers
His Majesty's Revenue and Customs (HMRC) has introduced new VAT road fuel scale charges for petrol and diesel drivers across the…
FBR Tax Shortfall Hits Rs684bn in July-April
The Federal Board of Revenue recorded an FBR tax shortfall of Rs684 billion in the first 10 months of the…
Mortgage Rates Rise as 30 Year Fixed Reaches 6.3%
Mortgage rates rose this week, pushing the average 30-year fixed mortgage to 6.3%, as escalating U.S.-Iran tensions lifted oil prices…
Brent Crude Price Surge Hits $126 on US-Iran Tensions
April 30 A Brent crude price surge pushed the global benchmark above $126 per barrel on Thursday, its highest level…
Crude Oil Prices Hit $122.53 on Iran Supply Fears
Crude oil prices surged Thursday, with Brent jumping 6% overnight to a four-year high of USD 122.53 a barrel. This…
Fed Interest Rates Held in Divided 8-4 Vote
The Federal Reserve held Fed interest rates steady at 3.50%-3.75% on Wednesday in its most divided policy decision since 1992.…