Tag: oil

Queensland Premier David Crisafulli is pushing for a return to domestic drilling, unveiling Australia’s first new oil field in half a century as part of a bid to strengthen long-term…

Benchmark oil futures tumbled and Wall Street equity futures surged on Wednesday morning, after US President Donald Trump said he agreed to suspend bombing on Iran for a period of…

Petroleum Minister Ali Pervaiz Malik has said that if the war does not stop, oil prices could double and supply disruptions may also occur. Speaking on a private TV programme,…

The global energy crisis continues to grow, with no end in sight. When President Trump came to address the nation on April 1, he had few answers to the question…

ISLAMABAD – Amid expectations of another increase in petroleum prices, a significant rise in ghee and cooking oil prices is also being projected, adding to inflationary pressure on consumers. According…

Prime Minister Shehbaz Sharif announced on Friday that the government was reducing the petrol levy by Rs80 per litre, after which the commodity would be available to the end consumer…

Massive blow for Pakistanis as the government sharply increased fuel prices in response to soaring global oil costs. Petrol has jumped to Rs458 per litre from Rs321.17, a staggering Rs137…

In his usual blunt style, United States President Donald Trump has sent a message to the West. If they need to get oil flowing again through the Strait of Hormuz…