In the recently released report ‘Regional Economic Outlook: Middle East and Central Asia’ by International Monetary Fund (IMF), one of its comments on Pakistan’s economy was ‘For… Pakistan, policy interest…
Iraq’s oil output and capacity may peak following growth of around 25% over the next five years, analysts said, falling short of 2027 targets and ending a long-standing ambition to…
When Scott Agnew worked on deep sea oil and gas tankers and cargo boats in the 1980s, he used to count whales and dolphins for conservationists’ surveys on his voyages…
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.…
Pakistan’s oil imports are the biggest drain on foreign exchange. Current year’s oil import bill has been projected to exceed 23 billion USD as against total exports of 34 billion…
Europe’s plan to roughly double renewable power generation by the end of the decade to cut its emissions and reliance on imported Russian fuel is under threat from market turbulence…
Saudi Arabia’s push for oil production cuts has placed new strain on its stormy relationship with the United States, though analysts say any predictions of an all-out break are premature.…
Finance Minister Ishaq Dar sure looked pretty and no doubt also felt very good as he cut oil prices to announce his return to the ministry. He also plans to…
The government has increased petroleum prices by Rs30 per litre. The increase is uniform against all products. There was much talk about some subsidy mechanism for the poor (motorcycles and…
Oil prices have tumbled by around a quarter in the past three months, largely due to fears of a prolonged slump in global energy demand. But no major forecaster is…
