Oil

Saudi Aramco's production cuts pushed Brent crude to $120/bbl briefly. Analyze how this volatility affects fuel prices in Pakistan after the recent Rs 55 hike.

Pakistan faces an energy emergency with only 28 days of oil reserves left. IRGC threats to block the Strait of Hormuz could spike petrol prices & halt the auto industry.

Oil and Gas Development Company’s net profit has gone up by 23% in FY’18. As per the details provided by the company, it has made a net profit of PKR 78.7 billion, up by 23%, for the year that ended in June…

Net profit of Shell Pakistan Limited falls sharply by 74% for the quarter that ended on 30th June 2018. In a notice sent to Pakistan Stock Exchange (PSX), one of Pakistan’s largest oil selling company,…

For the past quite some time, Pakistani rupee is getting devalued against Dollar, and on Monday 11-12-2017 US Dollar saw an increase of PKR 3, climbing to Rs.110 creating panic in the local market. The purpose…

The Geneva-based oil trading company, Trafigura, is preparing to sign a deal for purchasing Admore Oil Marketing for $40 million. Trafigura is the world’s second-largest private oil trader after Vitol. Swiss…

Petrol is the widely used fuel around the globe to run internal combustion engine equipped cars. Obtained through fractional distillation from petroleum it’s is a highly combustible liquid and each year…