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Furnace oil consumption

All of Pakistan's refineries could be forced to shut down if the problems related to the slow off-take of furnace fuel oil are not resolved on an urgent basis. The…

Furnace oil consumption

All of Pakistan's refineries could be forced to shut down if the problems related to the slow off-take of furnace fuel oil are not resolved on an urgent basis. The…

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…

Global oil disaster?

On October 19, 1973, immediately following the Nixon administration’s affirmation of a $2.2 billion military aid package to Israel in the aftermath of the Yom Kippur War, Arab states responded…

Conscious consumption

As Pakistan gets the most awaited well-planned Eid gift in the shape of a staff-level agreement with the IMF, it is high time we shifted our focus on the much-needed…

Oily matters – III

Deregulating the oil sector: Business circles in the oil sector have been lobbying for deregulating the oil sector, arguing that it would be more efficient and would bring down prices.…