Tag Archives: prices

Gold, prices, US Federal Reserve, hike cycle

Gold steady as rising risk appetite offsets Fed pause views

01 January, 2019 12:24 pm 12:24 pm

NEW YORK (Reuters) – Gold prices held steady on Monday as expectations that the US Federal Reserve will pause its multi-year interest rate hike cycle were offset by a recovery in investor appetite for risk. Spot gold was mostly unchanged at $1,281.41 per ounce by 0610 GMT, while US gold futures fell 0.1 percent to … Read More

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oil opec brent crude oil prices

Record US crude production weighs on oil prices

01 January, 2019 8:22 am 8:22 am

SYDNEY (Reuters) – Oil prices dipped on Thursday as US crude production quickly approached an unprecedented 12 million barrels per day (bpd) just as worries about weakening demand emerge. US West Texas Intermediate (WTI) crude futures CLc1 were at $52 per barrel at 0140 GMT, down 31 cents, or 0.6 percent, from their last settlement. … Read More

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CJ Mian Saqib Nisar, last day, Asif Saeed Khosa

No business can be more filthy than fake medicines, remarks CJP

01 January, 2019 12:49 pm 12:49 pm

ISLAMABAD (92 News) – Chief Justice of Pakistan Mian Saqib Nisar, while hearing a case pertaining to an increase in the prices of medicines, remarked that no business can be more filthy than fake medicines. He remarked that curse on those manufacturing fake medicines. The CJP asked the NAB and the FIA not to take … Read More

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Iraq Oil Minister sees improvement in oil prices early next year

12 December, 2018 1:59 pm 1:59 pm

KUWAIT (Reuters) – Iraq’s oil minister said on Sunday he expects “an improvement” in oil prices at the beginning of next year, after the implementation of the OPEC and non-OPEC decision to curb production made earlier this month. “We are optimistic that the current fall in prices will stop because there is no more oversupply … Read More

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Govt upholds petroleum prices for October

09 September, 2018 8:44 pm 8:44 pm

ISLAMABAD (92 News) – Finance Minister Asad Umar announced that the federal government will uphold prices of petroleum products for the month of October. Talking to the media in Bani Gala on Saturday, he said that the current prices of petroleum products will remain in effect for the month of October. He said that the … Read More

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Oil edges up on US sanctions against Iran, but trade dispute weighs

08 August, 2018 8:36 am 8:36 am

SINGAPORE (Reuters) – Oil prices edged up on Tuesday, supported by expectations of supply cuts once US sanctions against Iran bite in November, but capped by worries a Sino-US trade dispute will drag on fuel demand growth. Brent crude oil futures LCOc1 were at $72.24 per barrel at 0104 GMT, up 3 cents from their … Read More

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Top oil hedge funds suffer big losses after July price plunge

08 August, 2018 8:19 am 8:19 am

NEW YORK (Reuters) – Two of the world’s largest energy-focused hedge funds, Andurand Capital and BBL Commodities, suffered double-digit percentage losses in July as oil prices plunged by the most in two years, sources familiar with the matter told Reuters . BBL Commodities Value Fund, run by former Goldman Sachs oil trader Jonathan Goldberg, lost … Read More

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oil opec brent crude oil prices

Oil prices rise after Saudi output dips, US drilling stalls

08 August, 2018 8:17 am 8:17 am

SINGAPORE (Reuters) – Oil prices rose on Monday after Saudi crude production registered a surprising dip in July and as American shale drilling appeared to plateau. Markets also anticipated an announcement from Washington due later on Monday detailing renewed US sanctions against major oil exporter Iran, set to be reinstated at 1201 EDT on Tuesday … Read More

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Petrol, price, 59 paisa per litre, diesel

Govt reduces petrol price by Rs 4.26 per liter

07 July, 2018 11:26 pm 11:26 pm

ISLAMABAD (92 News) – The caretaker government has reduced the prices of the POL products up to Rs 6.37 per liter. According to a notification issued by Finance Ministry, the petrol price has been reduced by Rs 4.26 per liter. Now petrol will be available at Rs 95.12 per liter. High-speed diesel has been reduced … Read More

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POL products prices to remain unchanged

09 September, 2016 7:34 pm 7:34 pm

ISLAMABAD (92 News) – The Finance Ministry has directed the Oil and Gas Regulatory Authority (Ogra) to keep the prices of the POL products unchanged. The Ogra had recommended an Rs 4 per liter decrease in the POL prices. The government has decided not to reduce the POL products prices to overcome the shortfall of … Read More

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