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Tag: Oil

Sindh

12 importers responsible for artificial oil shortage, panel told

January 14, 2021

The Senate Standing Committee on Interior was informed that 12 top oil importers had been responsible for creating artificial oil shortage in the country. The panel, which met under the …

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Business

OGDCL adds 2,666 BPD oil, 82 MMCFD gas in system

January 11, 2021

ISLAMABAD   –   Oil and Gas Development Company Limited (OGDCL) Managing Director Shahid Salim Khan said the company has successfully injected additional 2,666 BPD oil, 82 MMCFD  gas and …

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Business

Oil prices down over adjourned OPEC+ meeting

January 5, 2021

Oil prices fell on Tuesday over uncertainties due to the adjournment of the OPEC+ group meeting in which differences arose among member countries in their agreement of a production cut …

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Business

Oil down on demand fears from spread of virus variant

December 28, 2020

Anadolu 3:22 PM | December 28, 2020 Oil prices were down on Monday over ongoing concerns that the new strain of COVID-19 will hamper demand while the signing off of …

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Business

Oil prices up on Brexit deal, US relief pack hopes

December 25, 2020

Anadolu 3:55 PM | December 25, 2020 Oil prices were up on Friday amid limited trading before Christmas, but the upcoming Brexit deal and hopes of President Donald Trump signing …

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Business

Oil prices down over pandemic-driven demand fears

December 23, 2020

Anadolu 3:51 PM | December 23, 2020 Oil prices fell on Wednesday with the new strain of COVID virus in the UK casting doubts over prompt oil demand recovery, while …

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Business

20 new oil & gas exploration blocks to be auctioned next month: Nadeem Babar

December 20, 2020

INP 8:44 PM | December 20, 2020 Special Assistant to the Prime Minister on Petroleum Nadeem Babar has said the government will auction 20 new oil and gas exploration blocks …

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Business

Oil prices down over weak demand fears

December 18, 2020

Anadolu 2:52 PM | December 18, 2020 Oil prices fell slightly on Friday over demand fears caused by rising coronavirus cases after Brent settled above $51 for the first time …

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Business

Oil prices up over bullish sentiment on vaccines

December 10, 2020

Anadolu 2:56 PM | December 10, 2020 Crude oil prices increased on Thursday on bullish sentiments over the COVID-19 vaccine, as the UK has already started shots and the US …

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Business

Oil prices down amid fresh coronavirus restrictions

December 7, 2020

Anadolu 2:07 PM | December 07, 2020 Oil prices were down on Monday as vaccine hopes were overshadowed by a worldwide surge in new COVID-19 cases amid fresh lockdowns in …

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