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…
Heavy oil shortage spells higher cost for shippers, road builders
Mexican export cuts and a rerouting of Canadian output are shrinking already limited supplies of heavy crude in the Atlantic basin, driving up refiners’ costs with a likely knock-on effect…
Oil: ‘Mother of corruption’ in Venezuela
Corruption in Venezuela’s oil industry is a many-headed monster that has devoured billions of dollars in taxpayers’ money in the past 20 years, experts say. Long the country’s only notable…
Navigating through political turmoil, uncertainty
The public at large has spoken, as independents backed by Imran Khan’s Pakistan Tehreek-e-Insaf (PTI) have emerged as the largest political group in the 2024 elections despite all the pre-poll…
