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$100 per barrel oil comes into view as Brent crude hits $97.34 amid rising Iran-US escalation

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The sun sets behind an oil pump outside Saint-Fiacre, near Paris, France, September 17, 2019. — ReutersBrent crude hit its highest level since July 24 on Monday.Goldman raises its Dec 2026 Brent forecast to $85, WTI to $80.Marex expects crude prices to remain elevated through…

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Govt to pay around Rs48bn to OMCs under fuel price differential claims

Employees at a fuel station attend to their customers in Islamabad, Pakistan, on February 16, 2022. — AFP/FileGovt to pay PDCs to OMCS from March 21 to March 27.Rs176 per litre to be paid on HSD, Rs77.98 per litre on petrol.Price differential to be paid after govt maintain fuel…
Oil climbs following renewed US, Iran strikes in Middle East

Oil tanker Al Shaffiah sails at sea near the Omani coast, as seen from Musandam, Oman, June 26, 2026. — ReutersQatari-linked oil tanker, container ship attacked last week.Iran, US carry out strikes in Mideast during weekend.Iran, US agree to halt attacks and renew talks: Axios.

Oil…