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Pakistan imported a record 3.482 million tonnes of palm oil worth $3.785 billion in FY26, compared to 3.214 million tonnes worth $3.4 billion in FY25, according to Pakistan Bureau of Statistics data.
Oil price rises above 95 mark as Middle East conflict escalates Oil markets have tightened again as the price of Brent crude moved above $95 a barrel, returning to a level not seen for six weeks and reflecting fresh…
The FAO Food Price Index edged higher in July as disruption and difficult weather lifted wheat, sugar and vegetable-oil quotations.
Oil prices climbed sharply on Thursday after reports that an Iranian parliamentary committee is reviewing a proposal that could restrict US and Israeli vessels from the Strait of Hormuz. The move added fresh supply-risk…
U.S. markets hovered near record territory as oil volatility, high Treasury yields and July inflation data kept investors cautious.
Oil prices moved higher as U.S.-Iran diplomacy stalled and reduced traffic through the Strait of Hormuz renewed concern about global energy supplies.
Global oil prices moved higher after fresh reports of disruption in two of the world’s most closely watched shipping routes, underscoring how quickly tensions in the Middle East can ripple through energy markets…
Oil price slides as us and iran pause fire cancer treatments were among the day’s key business themes in The Guardian Business live coverage, with markets reacting quickly to signs that the latest Middle East flare-up…
H2: Crude edges higher as diplomatic hopes fade Oil prices inched up again on Tuesday, extending a run of modest gains as traders responded to weakening prospects for any settlement that could calm the wider Middle East…
Oil prices rose on Friday after US President Donald Trump warned that countries trading with Iran could face additional economic sanctions, adding a fresh layer of uncertainty to already tense global energy markets…
An oil stockpile warning is putting airlines, retailers and consumers back on inflation watch as higher fuel costs threaten to move from energy markets into ticket prices and delivery charges. The story is drawing…
Asian markets rose as South Korea's chip-heavy Kospi jumped, while oil gains kept inflation and rate worries alive.
Argentina says it will file criminal charges against Navitas Petroleum and company executives over operations linked to oil exploration around the Falkland Islands, sharpening a sovereignty dispute that has sat at the…
Federal Reserve rate patience is facing a new test as oil prices, inflation expectations and mixed market signals overlap before the next policy meeting. It is the kind of update that people search for because it does…
Consultation ending on controversial Rosebank oil is among the latest top updates found in Novexa News' active RSS feeds, and it has enough public interest to merit a fuller, human-readable article rather than a bare…
Oil price nerves have returned for businesses that were hoping fuel costs would settle, with shipping risks and Middle East tension complicating planning again. It is the kind of update that people search for because it…
Yemen’s Houthi movement has claimed an attack on oil tankers at a time when the United States is carrying out more strikes on Iran, adding to already high tensions across the wider region. The claim is notable because…
BP is winding down its corporate venture capital arm after nearly two decades, selling the majority of its portfolio — more than ten companies — to Nordic private equity firm Verdane in a deal the companies expect to…
Venezuela has signed energy agreements with Chevron and Eni as Caracas seeks new investment, higher oil output and power-sector recovery.
Crude has returned to the $100 mark for the first time since May, as traders weigh escalating conflict risks spanning the Persian Gulf and the Red Sea.
KARACHI: The Pakistan Stock Exchange extended its recovery on Wednesday, with the benchmark KSE-100 index crossing the 180,000-point mark as investors responded to falling international oil prices and softer…
ExxonMobil and Chevron reported combined second-quarter profits of $26.5 billion as conflict-driven oil prices lifted producer earnings and increased costs for motorists.
Pakistan enters FY2027 with stronger reserves and remittances, but renewed Middle East conflict and volatile oil prices threaten inflation and the trade balance.
Saudi Arabia temporarily halted operations on its East-West oil pipeline after reported drone strikes against parts of the route, adding a new layer of concern to regional energy security at a time when shipping routes…