Oil prices surged on Wednesday following a rare Israeli strike in Doha, Qatar, which killed several Hamas members and a Qatari security officer. The attack, the first of its kind on Qatari soil, immediately rattled energy markets and triggered a diplomatic storm. WTI crude climbed 1.37% to $63.11, while Brent rose 1.32% to $66.89 as…
That coconut oil massage your nani insisted on, the bowl of curd your maa slipped into your lunch, or the handful of soaked methi seeds your dadi swore by, turns out, these weren’t just old family hacks. They were desi superfoods working their magic on your hair from the inside out. In a world filled…
Pakistan is facing a significant decline in its oil reserves, highlighting the urgent need for new discoveries to ensure the country’s energy security and economic stability. According to the Auditor General of Pakistan, the nation has recorded a total of 1,234 million barrels of discovered oil reserves, of which 80 percent has already been consumed….
The Pakistan Stock Exchange (PSX) extended its bullish streak on Wednesday, fueled by strong institutional buying, partial disbursement of remittance incentives, and renewed investor confidence across key sectors—particularly oil and gas. The benchmark KSE-100 Index surged to an intraday high of 144,209.03 points, gaining 1,171.87 points or 0.82%. Earlier in the day, it had touched…
As global markets hit the skids this week and forced liquidations and margin calls wipe out more levered longs, prominent traders are repositioning accordingly. New tariffs announced by the Trump administration and a sharply weaker U.S. jobs report caused anxiety in global markets; the S&P 500 lost 1.6% in a day, and Bitcoin, true to…
KARACHI: Pakistan’s largest oil refiner, Cnergyico (CNER.PSX), will import 1 million barrels of crude from Vitol this October, Vice Chairman Usama Qureshi told Reuters on Friday — marking the country’s first-ever purchase of U.S. oil under a landmark trade agreement. The West Texas Intermediate light crude cargo will be loaded from Houston this month and…
Last Updated:July 29, 2025, 19:46 IST The block, located off the western coast in the Saurashtra Basin, spans an area of about 5,454 square kilometres and is classified under Category-II basins This agreement marks a significant milestone in collaborative energy exploration and reflects the consortium’s shared commitment to advancing India’s energy security and contributing to…
The Pakistan government is expected to revise fuel prices in the upcoming review, based on recent global oil market trends. According to initial estimates, petrol prices may rise by up to Rs6.60 per litre, while high-speed diesel (HSD) could see an increase of Rs5.27 per litre. In contrast, kerosene may become cheaper by Rs3.74 per…
Citing fluctuations in international crude oil prices, the Finance Division on Monday announced a hike in the petrol price by Rs8.36 per litre for the next fortnight, effective July 1. On June 16, 2025, petrol rose by Rs4.80 per litre and high-speed diesel by Rs7.95. With the latest increase, petrol will now cost Rs266.79 per…
U.S. President Donald Trump said on Wednesday that China can continue to purchase Iranian oil after Israel and Iran agreed to a ceasefire, a move that the White House clarified did not indicate a relaxation of U.S. sanctions. “China can now continue to purchase Oil from Iran. Hopefully, they will be purchasing plenty from the…
