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OIL PRICES IMPACT PAKISTAN ECONOMY
India considers cutting vegetable oil import taxes as prices climbIndia is considering lowering import taxes on vegetable oils. This move aims to curb rising food inflation ahead of festival season. Lower ...
Global Market: Japan’s Nikkei flat as investors await Fed, BOJ decisionsJapan’s Nikkei was largely flat on Wednesday as investors stayed cautious ahead of interest-rate decisions from the US Federal Reserve and ...
US touts its power, avoids Iran war at G20 Energy meetingUnited States energy ministers met in Houston, promoting domestic production and energy independence. Washington's policies aim to reverse ...
Oil jumps over $3 as Saudi export halt, Libya outages stoke supply fearsOil prices jump more than $3 as Saudi Arabia suspends oil loadings at Yanbu and Libya halts output at three oil fields. Supply concerns dee...
Bond market turmoil puts Fed Rate decision under spotlightA global bond market selloff has put the Federal Reserve’s rate decision under the spotlight, with investors weighing the risks of another ...
Oil Price Today (September 15): Crude oil rises to $107 as Saudi energy infra attacks raise supply fears. What are experts saying?Crude Oil Price : On Tuesday, oil prices experienced a significant rise as assaults on Saudi energy infrastructure intensified. The key Eas...
India, Asian peers pile up $7.4 billion spot-gas bill, turning wary of LNGAsian nations spent billions on spot LNG after supply disruptions. These higher costs pressure economies reliant on natural gas imports. Co...
Charting the global economy: Oil surge fans global inflationIn the US, hotter-than-expected consumer inflation and the biggest monthly increase in producer prices since May bolstered the case for a F...
IEA slashes oil demand forecast as prices surgeThe International Energy Agency on Friday further reduced its forecast for global oil demand this year, citing the recent escalation in the...
Russian central bank holds key rate steady ahead of electionIn a recent decision, Russia's central bank opted to hold the benchmark interest rate at fourteen percent. Economic challenges have intensi...
India has shown ‘quite a lot of resilience’ to oil price shock, says IMF as it welcomes stronger statistical frameworkAcknowledging India's strength in weathering increased energy prices, the International Monetary Fund has praised the country's economic st...
UK economy beats expectations in July with 0.4% growthBritain's economy grew by a stronger than expected 0.4 percent in July. This performance extended the strong showing seen in the first half...
BIS chief Pablo Hernández de Cos warns of a second-round inflation threat from energy pricesCentral banks must monitor energy price impacts and potential second-round inflation effects. Global regulatory coordination is crucial for...
IMF says India remains growth engine for world, monitoring impact of higher oil pricesIndia's economy stands out as a powerhouse of global growth, as noted by the IMF. The second quarter showcased an impressive 7.8% growth, s...
IMF say global growth on track to reach 3% in 2026, but risks remain highThe global economy has weathered the energy shock better than feared. Economic output is still expected to expand by about three percent in...
Trump says oil prices that spiked because of Iran war likely won't come down until after midtermsUS President Trump believes oil prices will decrease after the upcoming US midterm elections. He suggests Iran's actions aim to influence t...
US stocks today: US stocks slide as oil tops $100, stoking fresh inflation fearsUS stocks slipped as Brent crude climbed above $100 a barrel amid escalating US-Iran tensions and disruptions to oil shipments through the ...