A view of the Russian oil cargo Pure Point, carrying crude oil, is seen anchored at the port in Karachi, June 11, 2023. — ReutersProposed policy allows foreign firms to store fuel locally.Suppliers can sell domestically or re-export petroleum stocks.Proposal aims to boost energy…
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PIA’s privatisation in advance stages, likely to be finalised in 2-3 months
Crew members disembark from a Pakistan International Airways flight at Kabul Airport, Afghanistan, September 13, 2021. — AFPGovt aims to complete PIA’s privatisation by final quarter of 2025.Scrutiny body clears EOIs of four parties for due diligence stage.Winning bidder to be…
FBR extends tax return filing deadline by 15 days
A policeman walks past the Federal Board of Revenue office building in Islamabad, on August 29, 2018. — ReutersFBR extends income tax return deadline by 15 days.New deadline set for October 15, says FBR statement.Decision follows requests from trade bodies, general public.
Crude oil surges past $108 per barrel as Gulf disruption fears outweigh diplomatic signals
Oil platforms and pumpjacks at Lake Maracaibo, in Cabimas, Venezuela, January 26, 2026. — ReutersOil rises on continued Mideast supply disruption fears.Brent up 2.75% at $108.23; WTI up 2.09% at $96.37.Shipping through Strait of Hormuz remains constrained.
Oil prices…