" Oil prices rose on Thursday, rebounding from three days of losses that took prices to their lowest since mid-March.
Brent crude futures for July gained 79 cents, or 0.95%, to $84.23 a barrel by 0959 GMT. U.S. West Texas Intermediate (WTI) crude for June climbed 69 cents, or 0.87%, to $79.69.
Prices fell more…
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KARACHI:
Pakistan Stock Exchange (PSX) on Thursday came under slightly downward pressure, sparked by institutional profit-taking in overbought stocks amid the ongoing corporate earnings season.
In the morning, trading commenced on a positive note, reflecting the previous day’s growth momentum, and the KSE-100 index touched its intra-day high of 72,593.25 points around midday. …
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LONDON:
Oil prices were moderately lower on Wednesday as worries over conflict in the Middle East eased and business activity in the world’s largest oil consumer slowed, however, a fall in US crude oil inventories put a floor on those losses.
Brent crude futures were down 27 cents, or 0.31%, to $88.15 a barrel…
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LAHORE:
The Pakistan Business Forum (PBF) and the Pakistan Petroleum Dealers Association (PPDA) stated on Tuesday that any attempt by the Oil and Gas Regulatory Authority (Ogra) to deregulate oil prices is a recipe for economic disaster. Deregulation of oil prices could plunge the nation into a state of hyperinflation and economic instability.
Given…
" TOKYO: Oil prices extended last week’s losses on Monday on concern about slow demand in China, though lingering geopolitical risk surrounding the Middle East and Russia limited the decline.
Brent futures fell 48 cents, or 0.6%, to $81.60 a barrel at 0129 GMT, while US West Texas Intermediate (WTI) dropped 50 cents, or 0.6%,…