Crude Oil Prices Hit Two-Week High Amid US-Iran Talks Stalemate
LONDON – Web Desk: Crude oil prices surged to their highest level in two weeks on global markets amid a stalemate in US-Iran negotiations, according...
RLNG Reserves Rapidly Depleting, Gas Crisis Deepens Across Pakistan
LAHORE – Web Desk: Pakistan's gas crisis has worsened due to a shortfall in Re-gasified Liquefied Natural Gas (RLNG) supplies, with reserves depleting rapidly, sources...
Pakistan Plans to Increase Strategic Petroleum Reserves to 90 Days
ISLAMABAD – Web Desk: Pakistan has initiated work on a plan to establish strategic petroleum reserves capable of holding up to 90 days of fuel...
IMF Executive Board to Meet May 8 for $1.2 Billion Tranche to Pakistan
ISLAMABAD – Web Desk: The International Monetary Fund (IMF) has scheduled an Executive Board meeting for May 8 to approve the next $1.2 billion tranche...
Pakistan’s Power Sector Circular Debt Rises by Rs 224 Billion in 8 Months
ISLAMABAD – Web Desk: Pakistan's power sector circular debt has increased by Rs 224 billion during the first eight months of the current fiscal year,...