Pumpjacks are seen against the setting sun at the Daqing oil field in Heilongjiang province, China December 7, 2018. — ReutersSaudi tankers carrying 6m barrels pass through Hormuz safely.Iran-US deal expected to release stranded Gulf oil supplies.Lifting sanctions on Iranian oil could…
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IMF adjusts captive gas levy formula under energy reform plan
This file photo taken on January 26, 2022, shows the seal of the International Monetary Fund in Washington, DC. — AFP
IMF revises levy calculation using average B3 tariff rates.Levy cut around 61% to nearly Rs500 per MMBtu.High gas costs force export sector consumption…
Pakistan lifts ban on gold import and export after cabinet’s go-ahead
Gold bars are stacked in the safe deposit boxes room of the Pro Aurum gold house in Munich, Germany, January 10, 2025. — ReutersMay 2025 suspension of 2013 precious metals order rescinded.Entrustment Scheme’s 120-day export entitlement period restored.Digital passbooks…
Govt draws line on sugar prices, violators to face strict action
Prime Minister Shehbaz Sharif chairs a meeting in Peshawar on March 6, 2024. — PID
PM chairs high-level meeting on sugar supply, pricing.Ex-mill price fixed at Rs165/kg, retail capped at Rs173/kg.Crackdown on hoarders and market manipulators…