ISLAMABAD - Prime Minister Shehbaz Sharif has formed a high-level committee to monitor petroleum prices and supply conditions ...

The price of Dubai swaps, which is a contract settled against physical prices of Dubai crude, rose 5.8% on June 13 to end at ...

Oil prices rose today, June 16, extending gains after a 7% jump on June 13, amid renewed concerns about supply disruptions ...

India is a net importer of crude oil, with over 40 percent of its supplies sourced from Middle East nations such as Iraq, ...

The usually slow-to-move asset has gained a whopping 30% since the beginning of the year, catalyzed by US President Donald ...

Baker Hughes CEO Lorenzo Simonelli confirms all Middle Eastern projects are operating normally despite escalating tensions between Israel and Iran, while also acknowledging potential impacts on oil ...

Most Asian stock markets retreated on Monday and currencies edged down against a resilient dollar as the escalating conflict ...

“In response to the evolving geopolitical situation following Israel’s recent attack on Iran and the resulting volatility in ...

European stock markets started the trading week on a cautiously optimistic note Monday, with major indices posting modest ...

A rising index indicates a strengthening U.S. dollar against this basket of currencies, while a declining index signals a weakening dollar. With a base value of 100, a current reading of around 98 ...

Below are the most important global events likely to affect FX and bond markets in the week starting June 16. An announcement by the U.S. Federal Reserve will be the focus of the week, where interest ...

Oil is likely to be supported by tensions in the Middle East, said Phillip Nova analyst Priyanka Sachdeva, noting that crude oil prices have surged over 18% in June.