Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
Islamabad: (Friday, August 10, 2012) In a bid to revive the long stalled business activity in the country, the State Bank of Pakistan has decided to cut the key policy rate by 150 basis points. After the decrease, the new rate stands at 10.5 per cent. After keeping the interest rate unchanged for about 9 […]
Singapore: (Monday, August 06, 2012) With the release of Chinese trade data, oil prices that remained high for about a fortnight, have been observed coming down. According to the details, New York’s main contract, West Texas Intermediate (WTI) light sweet crude for delivery in September, fell 12 cents to $91.28 a barrel and Brent North […]
Singapore: (Wednesday, July 25, 2012) After sustaining high for a week, oil prices in Asian markets have started to decline. And this time, the decline has been caused by the worsening debt crisis of the eurozone. Following the market mood, New York’s main contract lost about 18 cents for light sweet crude deals for September […]
After witnessing the ‘price increase’ trend, the crude oil prices observed a declining trend today. According to the details, the New York’s main contract, for the delivery of light sweet crude for the month of August, shed 53 cents to $ 92.13 a barrel. Brent North Sea crude for delivery in September slid about 38 […]
Singapore: (Monday, July 16, 2012) After slight improvement in the week ending on Friday, the oil prices in the Asian markets are again witnessing a down turn trend. And this time, the main reason behind the decrease in oil prices is Saudi Arabia and United Arab Emirates decision to open crude pipelines bypassing the Strait […]
Singapore: (Wednesday, July 11, 2012) The price for crude oil in Asian markets have gone up as the bargain hunting traders expressed greater interest for buying following an overnight price slump that was sparked by the end of a Norwegian oil workers’ strike. According to the details, the New York’s main contract, light sweet crude […]
Petroleum Prices likely to go down further Islamabad: (Saturday, June 23, 2012) After a significant reduction in the petroleum prices, the same are expected to be reduced further by Rs 3 throughout the country. The new rates are expected to be deem effected from July 1. According to the sources, the advice submitted to the […]
OGRA issues notice for petroleum price reduction Islamabad: The Oil and Gas Regulatory Authority (OGRA) has issued notification for slashing the petroleum prices by as much as Rs 11.75 for next fifteen days. After coming down by about Rs 10.46/ litre, the new petrol price stands at Rs 89.51 per litre. Diesel, that experienced a […]
Pakistan-USA rift over NATO supply routes downs KSE Karachi: (Wednesday, June 13, 2012) The deteriorated relations between once front line allies against war on terror has started to impact Pakistan’s economy more visibly now. According to the news, buzzed with the recent rift created after US officials’ derogatory remarks about Pakistan, the buyers visibly exhibited […]
Petroleum Prices down; Govt. finally decides to give relief to the people Islamabad: (Thursday, May 31, 2012) In order to show a good gesture just ahead of the federal budget, the government has decided to bring the oil prices down significantly. Although this decline in prices has been mainly attributed to the decrease in petroleum […]
Oil prices dip as news about Spain bailout hit the market Singapore: (Wednesday, May 30, 2012) Oil prices in the Asian markets observed a declining trend as the news about debt ridden Spain going for a bail out roiled. The oil prices came under pressure as the euro plummeted amid many of the union’s partner […]
Oil Prices go down in Asia Impacted by the larger than expected rise in the US crude inventories, the oil prices in Asia has significantly gone down. New York’s main contract, light sweet crude for delivery in June, fell 10 cents to $104.02 per barrel. Brent North Sea crude for June delivery shed 20 cents […]
