Crude Oil

Global oil markets are on edge again as tensions around Iran and the Strait of Hormuz raise fresh risks for shipping and supply.  The Strait is one of the world’s most important energy chokepoints: the U.S.…

The global energy market is facing a storm like never before, as the Strait of Hormuz, the world’s most critical oil shipping lane, becomes the epicenter of geopolitical tension.  With rising instability…

Where a parallel increase in fuel price and back-breaking have made considerable dent to the daily life of a common man, the incumbent government has also observed a major slump in its political capital in the…

On Friday, Minister of State for Petroleum Musadik Malik stated that Pakistan and Russia have entered into an agreement regarding the export of crude oil. The timeline has been set for late march, and Pakistan…

Saying that the day started on a disastrous note will be an understatement. This morning, the Russian troops invaded Ukraine, and the international oil prices hit $105 a barrel, the highest since September…

The price of crude oil has reached US $50 per barrel for the first time in last seven months. Experts have been expecting the price hike for some time now. Although the hike is going to help the oil producing…

Recent drop in oil prices has really overwhelmed me along with the entire nation as a shot of adrenalin to motorists. Different people have different hypotheses to explain the rationale for oil prices drop.…