After decades, China sputters as engine of global oil demand growth
China’s crude oil imports are on track to peak as soon as next year as transport fuel demand begins to decline for the world’s top crude buyer, ending the country’s…
Political turmoil & reset for unity
As one of nine nuclear-armed states of the world, Pakistan plays a significant role in regional geopolitics. However, consistently plagued by political instability, it has been facing multiple challenges on…
Azerbaijan says ‘God-given’ oil and gas will help it go green
Flames soar into the air from a sandstone outcrop on a hillside on the Absheron peninsula near Baku, the capital of Azerbaijan, as it prepares to host the COP29 climate…
Global oil demand needs to rise faster to absorb OPEC+ hike
Global oil demand growth needs to accelerate in coming months or the market will struggle to absorb an increase in oil supply that OPEC+ is planning to make from October,…
Afghan refugees & international law
AFGHAN refugees came to Pakistan more than four decades ago and since then Pakistan has played the role of an admirable host in every possible way. However, before further continuing…
Oil and the dollar’s hegemony
WHEN the Covid-19 pandemic struck a few years ago, it caused tremendous upheaval in the workings of the global economy. The Russo-Ukraine war has only added to the misery. Many…
Euro, now a safer bet, emerges a winner from market turmoil
The euro is trading at its highest this year against the dollar, emerging as a clear winner from the recent ructions in global currency markets that have unsettled a strong…
Oil leaks, toxic emissions as Israel strike worsens Yemen pollution: NGOs
The Israeli strike on Yemen’s port of Hodeida has released hazardous emissions and caused fuel spills, experts said, compounding environmental pollution already worsened by oil spills from Huthi ship attacks.…
Kurdish oil smuggling to Iran flourishes
Heading for Turkey to the north and Iran to the east, hundreds of oil tankers snake each day from near Kurdistan’s capital Erbil, clogging the Iraqi region’s often winding and…
European IPOs fizzle out as political turmoil roils stocks
The European IPO market is unlikely to see any new candidates until after the summer, as political uncertainty has roiled markets, bankers said. This week Italian luxury sneaker brand Golden…
