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Shipping Costs Jump After Black Sea Tanker Attacks

War risk insurance rates spike after Ukrainian naval drones hit two tankers near Russia's Novorossiysk port, disrupting crucial Black Sea trade routes for grain and oil. Industry experts warn of escalating maritime risks.

Light Diesel, Kerosene Oil Prices Reduced

The government has announced a significant reduction in the prices of light diesel oil and kerosene oil, effective December 1. This move aims to provide relief to consumers and industries. Read the full details here.

600,000 Lose Power in Kyiv After Russian Attacks

Massive Russian missile and drone strikes hit Ukrainian energy infrastructure, leaving over 600,000 without power. Three killed, dozens injured in overnight attacks as winter approaches.

POL Imports Reach $5.15B in 4 Months

Pakistan's petroleum imports surge to $5.15 billion during July-October 2025, accounting for 25.68% of total imports. Discover the economic implications and trends.

DC Vehari Chairs Key Meetings on Wheat and Dengue

Deputy Commissioner Imrana Touqeer chaired crucial meetings on wheat cultivation targets, anti-dengue campaigns, and illegal oil unit crackdowns. Learn about district-wide administrative initiatives.

Oil Falls 2% Amid US-Russia Peace Talks

Global oil prices decline as US seeks diplomatic solution to Russia-Ukraine conflict. Brent crude drops below $85 amid peace deal negotiations and demand concerns.

PSO Gets PKR 100bn in Debt Relief

Pakistan State Oil will receive nearly PKR 100 billion next week as part of government's circular debt reduction plan, easing financial pressure across energy sector.

Chevron Pakistan & HBL Launch Strategic Partnership

Chevron Pakistan Lubricants partners with HBL to allow credit card holders redeem reward points at Caltex oil change facilities. Enhanced automotive care services now available in key cities.

Gold Drops Sharply, Pakistan Oil Prices Jump

Global gold markets witness dramatic price drop while Pakistan faces oil price surge due to supply concerns. Stay updated on market trends affecting your investments.

Russian Duma Deputy Chairman Meets Ayaz Sadiq

Deputy Chairman of Russian State Duma holds significant meeting with National Assembly's Ayaz Sadiq, strengthening Pakistan-Russia parliamentary ties and cooperation.

OGDC Declares Record Rs3.50 Dividend Per Share

Oil and Gas Development Company announces highest-ever first quarter dividend of Rs3.50 per share, signaling strong financial performance and investor confidence in Pakistan's energy sector.

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