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Tag Archives: Oil

Petrol price hike from Febraury 01


ISLAMABAD,Pakistan (TNO) The federal government has announced a fresh hike in the prices of various petroleum products, the second time in a month.On January 15, the government had increased prices of petrol by Rs1.77 per litre and High Speed Diesel ...

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Crude Oil prices rose in Asia

SINGAPORE (TNO) Crude prices rose in Asia Friday(12 Aug), extending overnight gains after Saudi Arabia s oil minister hinted producers could agree to limit production.Rumours have been circulating that global producers are mulling a deal to freeze output to help ...

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US crude dropped below the $40 dollar mark


SINGAPORE(TNO) Oil fell during afternoon trade in Asia Wednesday(03 Aug), with US crude hovering near three-month lows as traders awaited data that will give hints of demand in the world’s top consumer.US crude dropped below the $40 dollar mark for ...

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Planning to officially launch trade with Iran


ISLAMABAD,Pakistan (TNO) Government is planning to officially launch oil trade with Iran to curb petroleum products’ smuggling, News reported Tuesday(22 Mar).Sources privy to the Petroleum Ministry said that around 20,000 litre petrol and diesel is smuggled in from Iran every ...

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Petroleum products prices ncrease in April


ISLAMABAD,Paksitan (TNO) The federal government is likely to increase the prices of petroleum products for the month of April, news reported.According to sources privy to Petroleum Ministry, oil prices are expected to be raised by Rs3 per litre next month due ...

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Oil prices fell as China imports dip


NEW YORK (TNO) Oil prices fell for the fourth straight session on Monday (Nov 9) as traders weighed lowered OECD global growth forecasts and weak Chinese crude imports against abundant supplies. After losing more than US$2 a barrel last week, US benchmark ...

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