Energy
Banks Raise Oil Price Forecasts up to $150 per Barrel
Major financial institutions have recently updated their oil price forecasts, with some projecting crude prices could surge to as high as $150 per barrel in the…
Energy
Energy
US Allows 19MB of Russian Crude for Asian Markets Amid Supply Shocks
United States has granted a temporary license for around 19 million barrels of Russian crude oil for sale in Asian markets, according to a report from OilPrice.com.…
Energy
Pakistani Consumers To Suffer As Oil Price May Cross $100 in March
Pakistani oil consumers may suffer more shocks in coming days as Goldman Sachs now sees Brent averaging above $100 in March as the Strait of Hormuz…
Energy
Pakistan LNG reserves may run out in days: Chairman Associated Group
Floating LNG storage could empty within a week as supply disruptions raise energy concerns. Pakistan’s floating liquefied natural gas (LNG) storage facilities could run out of…
Energy
OGRA raises RLNG prices for March 2026
Pakistan’s energy regulator increased RLNG prices for March 2026 due to higher import costs and terminal charges. The Oil and Gas Regulatory Authority (OGRA) on Thursday…
Energy
Govt Tightens Control on Furnace Oil Exports Amid US-Iran Tensions
Islamabad: The government has bound oil refineries to seek prior approval from the Prime Minister Committee on Monitoring of Petrol Prices for the export of furnace…
Energy
Pakistan’s Upstream Sector Records Modest Growth in Early 2026
Pakistan’s upstream energy sector recorded modest growth in oil and gas production in early 2026, while exploration activity showed mixed signals. According to the Pakistan Oil…
Energy
Oil Ships To Arrive Pakistan To Address Crisis
Amid global fuel shortages, three vessels carrying petrol are arriving at the Port Qasim, while one has already discharged it’s diesel cargo to replenish the fuel…
Energy
Dams Committee Reviews Basha Dam Land Acquisition, Resettlement
The Implementation Committee on Diamer Basha and Mohmand Dams (ICDBMD) met today to discuss matters of land acquisition and resettlement for Diamer Basha Dam Project. It…
Energy
Govt Raises Petrol, Diesel Prices by Rs55
The government on Friday made a massive increase in petrol and diesel prices by Rs55 per litre each amid tension in the gulf region effective from…