A pump jack operates near a crude oil reserve in the Permian Basin oil field near Midland, Texas, US, February 18, 2025. — ReutersBrent, WTI edge lower from previous gains.Both IEA and Opec lower 2026 oil demand forecasts.Iran says no progress on reviving interim peace deal with US.
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Govt proposes imposing new fixed monthly charges on household consumers
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Reko Diq secures over $5.5bn financing commitments from IFIs
The hills near the Reko Diq copper mine in Balochistan. — Reuters/FileOnly most favourable loan terms to be selected from commitments.Reko Diq projected to generate $74bn in free cash flows in 37 years.Officials confident of executing project within original cost of $6.7bn.
Workers’ remittances rise 8.4% in first quarter of FY26
Four thousand US dollars are counted out by a banker counting currency at a bank. — Reuters/FileRemittances up 11.3% year-on-year in Sept.Saudi Arabia remains top remittance source.FY26 inflows expected to exceed $41bn.
The overseas workers’ remittances witnessed an increase…