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Oil prices higher in Asia

Source: Geo News | 23-07-2013

SINGAPORE: Oil prices rose in Asian trade Tuesday on robust US crude demand, analysts said, but buying enthusiasm was capped by weaker economic data from the world's biggest economy.

New York's main contract, West Texas Intermediate (WTI) for delivery in

September, was up 22 cents at $107.16 a barrel, while Brent North Sea crude for September rose 15 cents to $108.30.

WTI reached a 16-month high of $109.32 a barrel on Friday -- topping the

price of Brent for the first time since August 16, 2010.

Gas pipeline: Pakistan, Iran to sign construction contract today

Source: Dunya News | 15-02-2013

The critical Iran-Pakistan gas pipeline project is entering the implementation phase as Pakistan’s state-owned firm Inter-State Gas Systems and Tadbir Energy Costar Iranian Co will sign a construction contract for laying the pipeline in Pakistan today (Friday). Adviser to Prime Minister on Petroleum and Natural Resources Dr Asim Hussain told this to..... Read more

Inflation remains 8pc in 9 months

Source: The Nation | 02-04-2013

Inflationary pressure in Pakistan has been further trickled down to 6.6 percent during March 2013 on a yearly basis particularly due to declining trends in food items, according to the Pakistan Bureau of Statistics (PBS). The rate of inflation in Pakistan remained within single digits during the ongoing financial year 2012-13. Average inflation for the on..... Read more

Oil prices rebound in Asia

Source: Geo News | 13-03-2014

Oil prices rebounded in Asian trade Thursday as investors took to bargain hunting after sharp falls induced by a bigger-than-expected rise in US crude stockpiles. New York´s main contract, West Texas Intermediate for April delivery, rose 13 cents to $98.12 in mid-morning trade and Brent North Sea crude for April was up 29 cents at $108.31. "..... Read more

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