Senate Committee Warns of Possible Fuel Price Hike Amid Iran-Israel Conflict

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Rising regional tensions and long-standing energy and governance issues came under discussion on Tuesday as the Senate Standing Committee on Devolution met in Islamabad. Lawmakers…

Government Sets Up Committee to Monitor Fuel Prices Amid Middle East Crisis

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The government of Pakistan has set up a high-level committee to closely monitor petroleum prices and supplies, following global market concerns after recent attacks by…

Crude Oil Declines for Third Month in a Row as Dollar Strengthens

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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…

Goldman Sees Oil Falling Below $55 in 2026 and Pakistan Stands to Benefit

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Oil price outlook from Goldman Sachs predicts Brent crude will fall into the low $55 range in 2026. The bank projects a global surplus of…

New Fuel Prices Announced From August 16

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ISLAMABAD- Petrol prices in Pakistan remain same from August 16 for the next fortnight, with significant cuts applied to diesel oil following a drop in…

Oil prices surge over 3% after US strikes on Iranian nuclear sites

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Oil markets experienced a sharp jump on Monday, hitting their highest levels since January, as escalating tensions in the Middle East fueled fears over supply…

Oil Prices Skyrocket to 5-Month High After Israel’s latest Attack on Iran

3 min read

Oil prices surgeed sharply on Friday, climbing over 9% to reach their highest levels in nearly five months after Israel launched strikes against Iran, dramatically…

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