Business

Business

World Bank forecasts rise in oil prices

Washington: The World Bank has nudged up its 2015 forecast for crude oil prices from $53 per barrel in April…

3 Min Read

Ogra completes quorum after two years

Islamabad: Facing legal and regulatory challenges in the petroleum sector, the government on Thursday inducted member finance in the Oil…

2 Min Read

Gas tariff hike summary not moved, NA committee told

Islamabad: Amid renewed efforts to open up security-hit areas in Khyber Pakhtunkhwa and tribal region for petroleum exploration, the ministry…

5 Min Read

$2.2 billion C/A deficit despite record remittances

Karachi: The country’s current account deficit remained $2.2 billion despite higher dollar inflows and low oil prices during 2014-15, the…

3 Min Read

KSE breaches another milestone in post-Eid trading

Karachi: Stocks resu­m­ed the rally on the first trading session after the Eid holidays with the KSE-100 index adding 169.02…

2 Min Read

UAE to scrap fuel subsidies from August

Dubai: Leading oil producer the United Arab Emirates will scrap subsidies on petrol and diesel from August to cut spending…

2 Min Read

Gold slides 1pc to five-year low

London: Gold fell more than 1 per cent to a five-year low on Wednesday as a bounce in the dollar…

1 Min Read

Afghanistan waives customs duty on Pakistani goods

Islamabad: Afgha­nista­n has waived the financial guarantee of 110 per cent customs duty and $100 per 25 tonnes charges on…

1 Min Read

Petroleum prices may be reduced from August

Petroleum prices may be slashed from August 2015 due to reduction  of the oil in the international markets. According to sources of  the Oil and Gas…

1 Min Read