Tag:

International Market

Pakistan crude oil prices see sharp decline in international market

There has been a major decline in crude oil prices in the international market, according to a foreign news agency report. The price of Brent crude oil has decreased by 10.67 percent, bringing it down to 98.57 dollars per barrel.

07 May 2026-15:56
World on the brink of the biggest energy crisis in history - OUR ANALYSIS

The global oil market is once again entering a period of sharp turbulence. Geopolitical conflicts, threats to critical energy transport routes, and rising inflation expectations have pushed energy prices upward. At first glance, such developments might seem to benefit oil-exporting countries. After all, higher prices mean higher revenues. Yet the reality of the modern energy economy is far more complex. Extremely high oil prices can be just as problematic for producers as a dramatic collapse in the market.

14 Mar 2026-12:42
IEA warns of historic oil supply crisis

The Middle East war is causing the largest supply disruption in oil market history, with about 20 million barrels per day of crude and products that normally pass through the Strait of Hormuz now reduced to a trickle, according to the International Energy Agency on Thursday.

12 Mar 2026-18:43
SMIC reports 19.5% drop in Q2 profit amid market challenges

Semiconductor Manufacturing International Corporation (SMIC), China’s largest contract chipmaker, announced a 19.5% year-on-year decline in its second-quarter profit.

07 Aug 2025-13:59