Fears of a global recession sparked by US president Trump’s new trade tariffs have caused the price of oil to plummet, and ...

KARACHI: Zubair Tufail, President of the United Business Group (UBG), has urged the government to significantly reduce petrol and diesel prices in line with the 12% drop in global market prices over ...

Good afternoon and happy Friday, readers! All eyes remain on the global selloff of oil today, with prices hitting their ...

Analysts at energy analytics firm Wood Mackenzie projected benchmark Brent oil prices would average $73 per barrel in 2025 ... and rolling back subsidies for electric vehicles.

New Delhi: Brent crude oil prices are expected to average $73 per barrel in 2025, a decrease of $7 per barrel from 2024 levels, according to Wood Mackenzie’s latest monthly oil market outlook. The ...

Guyana’s oil production and exports are surging, with output exceeding 660,000 bpd and expected to reach 1.3 million bpd by 2030. Europe is the biggest buyer of Guyana’s crude, with 66% of its ...

has challenged a claim from the new US energy secretary that domestic oil companies could increase production even at prices as low as $50 a barrel. Hamm’s words represent one the first signs of ...

Who needs dystopian artificial intelligence to destroy faith in humanity when you can watch this sci-fi extravaganza? By Elisabeth Vincentelli When you purchase a ticket for an independently ...

Oil & Gas Development Company Limited (OGDCL ... The company said that it achieved this by installing an Electrical Submersible Pump (ESP). “This initiative aligns with OGDCL’s broader ...

Discounts for Russian oil have narrowed to between $2.60 to $2.80 per barrel to dated Brent for cargoes loading in March for April delivery to Indian ports compared with about $2.50-$3 per barrel ...