Oil prices slipped for a third session on Wednesday on profit taking due to concerns of a possible rise in supplies from Iran despite industry data showing a surprised drop in US oil inventories. Brent crude futures edged down 8 cents, or 0.1%, to $90.70 a barrel by 08:25 GMT, while US West Texas Intermediate […]
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TOKYO (Reuters) – Oil prices fell on Thursday, adding to an overnight plunge as China said it was moving to release reserves following a Reuters report that the United States was asking big crude consumers to consider a coordinated release of stocks to lower prices.The bid by the US administration to shock markets comes as […]
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The Oil and Gas Regulatory Authority (OGRA) has recommended a reduction in the price of petroleum products for the next 15 days. Former Pakistani Prime Minister Imran Khan criticized the Shehbaz Sharif administration once more while mentioning India, following the federal government’s PKR 30 per litre increase in the price of gasoline and diesel. The […]
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