UAE Oil Prices Slide as Strait of Hormuz Reopens, Global Crude Extends Losses

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Oil prices continued their downward trend on Thursday as crude exports through the Strait of Hormuz resumed, easing concerns over supply disruptions and increasing global…

Oil Prices Slide Near $65 After Second Major Decline

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Global oil prices extended their losses on Thursday, falling to their lowest levels in nearly four months as concerns over supply disruptions in the Gulf…

International Oil Prices Fall Below $70 Per Barrel Amid Easing Geopolitical Tensions

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International oil prices continued their downward trend on Tuesday, with some crude benchmarks falling below the $70-per-barrel mark as markets reacted to easing geopolitical tensions…

Oil Prices May Fall Below $70 Per Barrel for First Time Since 2024

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International oil prices continued their downward trend on Monday, raising expectations that crude could fall below the $70-per-barrel mark for the first time in nearly…

Oil Prices Drop Below $75 for First Time in Nearly Four Months

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International oil prices recorded a sharp decline on Tuesday, falling below the $75-per-barrel level for the first time in nearly four months as geopolitical tensions…

Oil Prices Surge Near $120 After Drone Attack on UAE Facility

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Global oil markets witnessed sharp volatility after reports of a suspected Iranian drone strike on a petroleum facility in the United Arab Emirates pushed Brent crude oil prices close…

Brent Crude Nears 70 Amid Us Iran Talks Oil Prices Climb

Oil Prices Surge Above $120 Amid Hormuz Tensions and UAE Exit from OPEC

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Global oil prices spiked sharply on Thursday, with Brent crude briefly touching $122 per barrel, marking its highest level since 2022, as geopolitical tensions and…

Oil Prices Fall as Strait of Hormuz Reopens

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Oil prices dropped sharply Friday after Iran announced full reopening of the Strait of Hormuz during the ceasefire, triggering immediate rallies across global stock markets.…

Govt Raises Kerosene Oil Prices by Rs 39

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The federal government has raised the prices of kerosene oil and light diesel oil while keeping petrol and high-speed diesel rates unchanged. Officials say the…

Why Brent Oil Prices Do Not Determine Petrol Rates in Pakistan

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Experts warn Brent crude prices circulating on social media do not accurately reflect how Pakistan determines domestic fuel prices.

Oil Prices are Set to Soar Above $200 a Barrel

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A senior military spokesperson in Iran warned on Wednesday that global oil prices could surge to $200 per barrel as the conflict continues to disrupt…

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