A drone view of a pump jack and drilling rig south of Midland, Texas, US June 11, 2025. — ReutersDespite latest fluctuation, monthly gains remain strong.Hormuz shipments offset Middle East tensions.US-Iran talks yield no major breakthrough.Oil prices were steady on Friday and…
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Petroleum dealers begin fuel sales under relief scheme after talks with govt
A view of motorists standing in a queue for filling petrol outside a petrol pump in Rawalpindi on January 1, 2023. — OnlinePetroleum dealers agree to sell fuel under govt scheme.PPDA says talks with govt team remain successful.SMS charges for fuel subsidy registration waived.
Oil price bets ahead of Iran war news totalled $7bn, shows reporting
A pump jack operates near a crude oil reserve in the Permian Basin oil field near Midland, Texas, US February 18, 2025. — ReutersTraders place positions before key Trump announcements.Unusual trading activity spans Brent, WTI, gasoline, diesel futures.Experts say trades appear…
Inflation surges to 16-month high in February
A vendor sells spice at a wholesale market in Karachi, on February 13, 2026. — INP Sharp electricity price hikes contribute to rise.Consumer price index rises 6.98% year-on-year.Urban core inflation reduces to 7.1% from 7.2%.
ISLAMABAD: Pakistan’s inflation…