Singapore
Oil prices rose on Tuesday on expectations that an OPEC-led production cut to prop up the market could be extended, while strong demand would also work to slowly erode a global fuel supply overhang.
Prices for front-month Brent crude futures, the international benchmark for oil, were at $51.86 per barrel at 0401 GMT, up 24 cents, or 0.5 percent, from their last close.
U.S. West Texas Intermediate (WTI) crude futures were up 13 cents, or 0.3 percent, at $48.35 a barrel.
The Organization of the Petroleum Exporting Countries (OPEC), together with other producers including Russia,
has pledged to cut its output by almost 1.8 million barrels per day (bpd) between
January and June in an effort to prop up prices and rein in a global supply glut that has dogged markets for almost three years.
Sheikh argued that the government should have maintained stable petroleum prices
MARI has successfully drilled and tested the third appraisal well in the Ghazij formation in the Mari D&PL
Gold rates decreased by $17 to $2,395 per ounce in the international market
Company's revenue saw a 13.9% year-on-year increase, reaching Rs49.2 billion, up from Rs43.19 billion in the same...
A man counts US dollars in a money exchange shop in Dhaka. — AFP/FileLAHORE: The first thing that the government...
Power generation stood at 8,741 gigawatt-hours or 11,749 megawatts in March
