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Bitcoin Falls Below $84,000 as Oil Tops $101 and Global Markets Turn Cautious
Bitcoin fell below $84,000 on October 7, 2026, as rising oil prices, stronger U.S. Treasury yields…
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Tag: oil prices
Business
Oil Prices Cross $105 as US-Iran Talks Show Little Progress
Global oil prices have climbed back above $105 per barrel as uncertainty over diplomatic efforts to…
Business
Oil Prices Cross $100 as US-Iran War Raises Global Supply Concerns
Global oil prices have climbed above $100 a barrel for the first time since July as…
Business
Oil Prices Rise After Pakistan’s Defense Cooperation With Saudi Arabia and Turkey Amid Middle East Tensions
International oil markets moved higher after Pakistan, Saudi Arabia, and Turkey announced a new defense cooperation…
Business
Oil Crosses $100 After Houthis Take Control of Red Sea Shipping Route
Global oil prices surged above the $100-per-barrel mark on Thursday as rising security concerns in the…
Business
Oil Prices Surge Above $95 Per Barrel as US-Iran Tensions Shake Global Energy Markets
Global oil prices climbed above $95 per barrel on Wednesday as escalating tensions between the United…
Business
Oil Prices Surge as Iran Attacks US Military Bases, Analysts Warn Brent Could Cross $100
Global oil markets witnessed sharp volatility after Iran launched missile attacks targeting multiple United States military…
Business
Global Oil Prices Jump 6% After Trump Declares Iran Ceasefire Over
Global oil prices climbed sharply on Wednesday after renewed tensions between the United States and Iran…
Business
Government Announces Massive Reduction in Petrol and Diesel Prices Across Pakistan
In a major relief for consumers and businesses, the federal government has announced a substantial reduction…
Business
Government Plans Faster Petrol Price Relief as New Weekly Pricing Mechanism Under Review
The federal government is preparing to introduce a new pricing mechanism for petroleum products that could…
Business
Government Increases Petrol Levy by Nearly Rs. 25 Per Litre Despite Fresh Fuel Price Reduction
The federal government has significantly increased the petroleum levy on petrol by Rs. 24.74 per litre,…
Business
Oil Prices Surge Past $110 After Drone Attacks in UAE and Saudi Arabia
Global energy markets saw a sharp spike on Monday as crude oil prices climbed above the…
Business
Government Defends Fuel Price Hike as Petroleum Levy Reaches Rs117 Per Litre
Pakistan’s rising fuel prices once again came under scrutiny after officials from the Petroleum Division attributed…
Business
Oil Prices Biggest Drop Since Pre-War Levels Ahead of US-Iran Talks in Pakistan
Global oil markets witnessed a sharp correction as prices fell to their lowest levels since the…
Business
Brent Surges Past $115 as Middle East Conflict Deepens and Supply Risks Intensify
Global oil markets are on edge as Brent Crude surged above $115 per barrel, driven by…
Business
Pakistan Outperforms Regional Peers in Fuel Supply Management Amid Ongoing Crisis
Pakistan has demonstrated relative stability in managing its fuel supply chain despite ongoing regional tensions, according…
Business
Dubai Crude Prices Drop Sharply as Iran-US De-escalation Eases Market Fears
Global oil markets witnessed a significant correction as Dubai Crude prices fell close to $110 per…
Business
Global Diesel Prices Cross $140 Per Barrel, Highest Level Since 2022 Energy Crisis
International diesel prices have surged past $140 per barrel, reaching levels not seen since the global…
Business
Middle East Conflict Could Push Pakistan’s Inflation to 17% and Widen Trade Deficit: PIDE Report
Escalating tensions in the Middle East could trigger serious economic challenges for Pakistan, particularly if the…
Business
Global Oil Prices Plunge After Trump Signals Possible De-Escalation in Middle East Conflict
International oil prices witnessed a sharp decline after Donald Trump hinted at a possible “conditional de-escalation”…