Tag Archives: oil

Pakistan’s consumption of expensive petroleum products currently stands at about 21 million tons, of which about 85 percent was met through imports. According to one estimate, around 50 percent of the energy need is met by the indigenous gas production …

After drone attacks on two major oil facilities in Saudi Arabia on Saturday, half of the country’s production capability has been knocked out. How much of an impact will this have on global oil supplies? As the latest data from BP shows, Saudi Arabia …

Petroleum consumption in Pakistan has been booming. The demand for crude oil and refined petroleum products, such as motor gasoline and high-speed diesel, has been growing at a rapid pace. The country’s crude oil refining industry plays a crucial role …

Petroleum consumption in Pakistan has been booming. The demand for crude oil and refined petroleum products, such as motor gasoline and high-speed diesel, has been growing at a rapid pace. The country’s crude oil refining industry plays a crucial role …

Predicting the oil prices is a million dollar question; in fact, it’s a game of billions of dollars literally. The task is difficult because of involvement of too many economic variables but sometimes it gets even more difficult because of …

Interview with Dr. Ayub Mehar — a renowned economist PAGE: Tell me something about yourself, please: Dr. Ayub Mehar: I am serving as ‘Professor’ in Iqra University Karachi and also ‘Economic Advisor’ of the Employers’ Federation of Pakistan. Currently, I am …

Since Donald Trump administration refused to extend waivers for Iranian oil exports, the United States and Iran have been giving threats and counter threats. In response to the US decision to tighten oil sanctions and push Iranian oil exports to …

Whether it’s the Chinese manufacturing sector contracting or oils prices falling – signs of a global economic slowdown are plenty these days. The reasons are just as diverse, and include U.S.-China trade tensions, economic turmoil in countries like Argentina, Turkey and Venezuela, …

Apple has long been known as the world’s most profitable company, but those days are over. By preparing to be publicly listed, Saudi state oil company Saudi Aramco had to disclose company reports and was subsequentially rated by Moody’s to have earned …

Gwadar soon will become ‘base station’ for import and export of oil to Middle East Saudi Arabia has shown a keen interest in China-Pakistan Economic Corridor (CPEC) primarily to relate its economy with China and take steps in achieving its Vision 2030, …

Economic role of natural gas Pakistan’s primary energy supply mix clearly shows natural gas as playing major role in country’s economic development by accounting for nearly 50 percent of its total primary energy supply mix. Pakistan’s natural gas production has …

The year 2018 was no different for Pakistan since there was surge in the oil import bill despite the lower international prices. On the one hand, increase in the use of oil indicates economic activities, however, on the contrary, it …