A pump jack is seen at sunrise near Bakersfield, California.— Reuters/FileGlobal supply to drop by 8m bpd in March due to Hormuz blockade.IEA says recovery of production could take weeks or months.IEA head says oil reserve release has ‘strong impact’ on markets.The…
Related Posts
Trade deficit up 25% to $25bn in 8 months
Shipping containers are stacked at the Karachi port area in Karachi, Pakistan, on July 31, 2025. — ReutersOfficial data shows rising strain on external account balance.Imports climb 8.1% to $45.5bn in July-February FY26 period.Economists warn deficit may pressure rupee and reserves.<p…
</p…
China’s BYD to assemble EVs in Pakistan from 2026
The logo of BYD is pictured on an electric car at a dealership in Reze near Nantes, France, March 27, 2025. — Reuters25,000-unit plant under construction near Karachi.Local unit targets 30-35% share of the segment.BYD’s Shark 6 pickup to launch on Friday.
KARACHI:…
Pakistan’s petroleum prices lower than regional countries, says minister
Petroleum Minister Ali Pervaiz Malik speaks during an interview with Reuters during the Pakistan Minerals Investment Forum 2025, Islamabad, Pakistan April 8, 2025. — ReutersCommittee’s next meeting will be its final: Ali Pervaiz Malik.Malik says committee to submit recommendations to…