Crude Oil
Petrol Prices Set to Drop as Global Crude Falls Six Percent
Petroleum product prices in Pakistan are set to decline significantly following a sharp drop in global crude oil prices, according to sources familiar with the…
Brent Crude Crosses $100 Amid Rising Red Sea Tensions
Brent crude rose above the $100-per-barrel mark on Thursday, extending its recent rally as escalating security concerns in the Red Sea intensified fears over global oil supplies and disruptions to…
Brent Oil Tops $90 as US-Iran Conflict Escalates in Gulf
Brent crude oil prices climbed above $90 per barrel on Monday as escalating military tensions between the United States and Iran raised concerns over potential…
Pakistan Eyes Iranian Crude Imports Amid Sanctions Easing
Pakistan is exploring the possibility of importing discounted oil and gas from Iran after a temporary easing of US sanctions opened a window for energy…
Pakistan Explores Iranian Oil Imports as Refiners Assess Viability
Pakistan Refinery Ltd (PRL) previously imported Iranian crude under a long-term contract with the National Iranian Oil Company, but purchases were halted when US sanctions…
Global Oil Prices Fall 6% After Trump Signals Progress in US–Iran Talks
Global crude oil prices plunged on Wednesday after remarks by US President Donald Trump suggested that negotiations with Iran are approaching a final stage, raising…
Could US Licence Open Door for Pakistan to Russian Crude Oil?
Pakistan is among the nations that could benefit from a new United States (US) temporary licence permitting selected energy-importing countries to access Russian crude oil.…
Attock Refinery Restarts Main Plant After Two-Week Shutdown
Attock Refinery Limited (ARL) has resumed operations at its main crude distillation unit after a shutdown that lasted nearly two weeks, the company confirmed in a…
Attock Refinery Resumes Crude Oil Operations After Abrupt Shutdown
Attock Refinery Limited (ARL) is a key player in Pakistan’s downstream petroleum sector. On Thursday, the company announced a major update. Receipts of crude oil…
Brent Crude Nears $70 Amid US-Iran Talks, Oil Prices Climb
International oil prices surged on Wednesday as reports of progress in US-Iran nuclear talks boosted market sentiment. Brent crude futures rose by $1.8, or 2.6%,…
Oil Prices Surge to Highest Level Since September 2025 on US‑Iran Tension
Global oil prices climbed sharply on Thursday, rising to their highest level since September 2025 as markets reacted to mounting fears that a potential U.S. military…
Pakistan Gets 2nd U.S. Crude Oil Shipment for Energy Shift
Pakistan has received its second shipment of American crude oil, marking a key step toward energy diversification and reduced import dependence on Middle Eastern suppliers.…
Crude Oil Declines for Third Month in a Row as Dollar Strengthens
Crude Oil prices slipped on Friday, heading for their third consecutive monthly decline. A stronger U.S. dollar and rising global supply continued to pressure the…
