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US natural gas prices hold near 3-week low
US natural gas prices hold near 3-week low
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India’s Reliance to stop buying Venezuelan oil over US tariffs: sources
India’s Reliance to stop buying Venezuelan oil over US tariffs: sources
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Oil prices climb 1% on US crude and fuel stock draw, Venezuela supply worries
Oil prices climb 1% on US crude and fuel stock draw, Venezuela supply worries
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Russia’s oil exports from its western ports set to rise 5% in April
Russia’s oil exports from its western ports set to rise 5% in April
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Selling pressure at PSX: KSE-100 sheds over 2,000 points
Selling pressure at PSX: KSE-100 sheds over 2,000 points
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Oil firms as market weighs Iran sanctions and talks over Russia-Ukraine ceasefire
Oil firms as market weighs Iran sanctions and talks over Russia-Ukraine ceasefire
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Global Renewable Energy Installations Hit Record High in 2024, Led by China
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DUBAI: The world installed a record-breaking amount of renewable energy capacity in 2024, with China leading the charge, according to a report released by the International Renewable Energy Agency (IRENA) ...
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NEPRA Seeks Power Generation Plan Amid Forecasted Hydel Reduction
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ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has directed the Power Division to submit a comprehensive power generation plan in light of a projected sharp decline in hydel power ...
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Revised IPP Contracts to Save Rs3.5 Trillion Over 3-20 Years: Power Division
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ISLAMABAD: The Power Division has projected savings of Rs 3.498 trillion from the renegotiation and termination of contracts with 29 Independent Power Producers (IPPs) and Government Power Plants (GPPs) over ...
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Pakistan Faces Unprecedented Water Shortage as Kharif Season Begins
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ISLAMABAD: As the Kharif cropping season approaches, Pakistan is grappling with an unprecedented water crisis, with irrigation experts warning of severe consequences for agricultural output. Officials report that dam reservoirs ...
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Pakistan, IMF Agree on Carbon Levy, Tariff Reductions in New $8.3bn Deal
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ISLAMABAD: Pakistan and the International Monetary Fund (IMF) have reached an agreement on a new 28-month Resilience and Sustainability Facility (RSF) worth $1.3 billion, bringing the total IMF support for ...
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Govt to Reevaluate Net Metering Policy After Strong Backlash
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ISLAMABAD: In response to widespread criticism, the government has decided to expand consultations on the Solar Net Metering Regulations approved by the Economic Coordination Committee (ECC) and re-submit recommendations to ...
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Yemen Attacks on Ships
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Yemen Attacks on Ships: Rising Tensions Lead to Petrol Price Hike

The recent escalation of attacks on commercial ships in the Red Sea by Yemen’s Houthi rebels has triggered global concerns, particularly regarding fuel prices. With major shipping routes under threat, oil transportation has been disrupted, leading to fears of a surge in petrol prices. Impact on Global Oil Supply The Red Sea is a crucial transit point for oil shipments

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March 24, 2025 No Comments

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